Orlen and Equinor agree to develop carbon capture projects
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 03 2025
0mins
Source: Reuters
Polish and Norwegian Collaboration: Polish refiner Orlen and Norway's Equinor have signed a memorandum of understanding to develop carbon capture and storage (CCS) projects, focusing on identifying potential CO2 storage sites in Poland and the Baltic Sea.
Future Goals: Orlen aims to achieve the capacity to capture, transport, and store 4 million metric tons of carbon dioxide annually by 2035, highlighting the potential for collaboration on CCS initiatives.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
