Shell, Nordkraft launch hydrogen partnership in Norway
Shell and Nordkraft collaborate to build a production facility that will provide liquid hydrogen for use in ferries and lay the foundation for a hydrogen cluster with new green jobs in Northern Norway.
Despite a reduced deficit in the fourth quarter, rig operator Borr Drilling exits 2020 with another deficit of more than USD 300m. The company, which recently secured approval for a rescue plan, still projects a stronger market.
The Swedish power company will not build any more new onshore wind farms in Denmark and now intends to divest its current development projects totaling several hundred megawatts. The utility insists that its move is not due to many years of domestic obstacles.