Norwegian energy company Statoil said the fight against climate change depends in large part on how oil and gas companies conduct business. “In a low-carbon future, we need oil and gas producers who can deliver energy at low cost, with low emissions,” Statoil CEO Eldar Saetre said during an energy conference in coordinating with the Norwegian government and the International Energy Agency. Statoil this year was tasked by the government in Oslo to study ways to store carbon dioxide on the country’s continental shelf. The IEA said there are already 15 large-scale CCS projects in operation and six more are on schedule to start next year. Statoil already counts several projects in its renewable energy portfolio. The company earlier this year unveiled an energy-storage project dubbed Batwind at its Hywind floating offshore wind farm. Through a memorandum of understanding signed with the Scottish […]