Decarbonization

The organization has published new procedures designed to provide the required safety level in transporting CO2 by pipelines and strengthen the development of carbon capture and storage projects.
Occidental Petroleum has split from some of its larger rivals by rejecting a potential US carbon tax, saying that it prefers the existing system of tax credits.
In a test of the future of the hydrogen business, Baker Hughes is one of three companies starting a fund whose goal is to raise €1 billion to invest in a clean hydrogen infrastructure.

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