The Douglas CCS platform will capture CO2 from North West England and North Wales industries, transporting it via repurposed pipelines to natural reservoirs for permanent storage, with the project now halfway complete.
DNV’s new forecast sees the Middle East supplying around 40% of global oil production in 2050, versus 50% in last year’s outlook. Prolonged conflict would permanently reduce fossil-fuel demand, DNV notes.
The separate projects—both scheduled for startup by 2028—align with Rompetrol Rafinare's broader strategy to reduce carbon emissions and enhance energy independence through renewable energy investments in its Romanian operations.
