Back to "oil is declining" ... https://t.center/MissionWillowProject/214 Let we check the real facts In 2022, only 0.13% of the energy Equinor produced was renewable, while 99.87% was fossil fuels. And the preliminary size estimate for the discovery in the Cook Formation is between 0.2 and 1.0 million standard cubic metres of recoverable oil equivalent https://archive.is/0s9SP This week, the Norwegian government will be releasing a white paper on the future wealth creation from Norwegian energy resources (“Stortingsmelding om langsiktig verdiskaping fra norsk energiressurser”). Rather than planning for a managed decline of its oil and gas industry, the plan is expected to facilitate further expansion. The government is also expected to issue new oil licences shortly after https://perma.cc/3EG4-SHJV Johan Sverdrup is the third largest oil field on the Norwegian continental shelf, and a major supplier of energy to Europe. The entire field is now on stream, and accounts for roughly a third of Norway's oil production. It also has some of the lowest CO2 emissions of any oil field in the world https://archive.is/ICQOE This week a successful capacity test has been performed confirming that the field can produce up to 755,000 barrels of oil per day https://archive.is/fyOiR Det er en myte at norsk olje er den reneste i verden. Selv om vi har god offentlig styring og gjennomfører en rekke tiltak for å begrense utslippene, finnes det flere produsenter som har lavere utslipp. It is a myth that Norwegian oil is the cleanest in the world. Although we have good public management and implement a number of measures to limit emissions, there are several manufacturers that have lower emissions. Noen har tatt til orde for å elektrifisere sokkelen med fornybar energi for å redusere utslippene. Ettersom utslipp fra produksjon bare utgjør to prosent av livssyklusutslippene til olje, har tiltak for å begrense den liten påvirkning i det store bildet https://archive.is/S1Hsu