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Low Carbon Business

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We’re using our expertise in geology, geoscience, drilling, subsurface and surface engineering, advanced production technologies, gas trading, low carbon technologies and digitalization to help meet the world’s energy needs in more sustainable ways.

Our key focus

To do this, we’re investing EUR 5bn to develop three areas of low carbon business by 2030: Geothermal Energy, Renewable Power and Carbon Capture and Storage (CCS).

Our ambition by 2030

  • ~4 TWh geothermal energy
  • 3-4 TWh renewable power
  • ~3 mn t of CCS capacity per year