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0 0.00164827289666045 4.77760259901147E-05 0.00148105680569491 -0.00260379341646356 -0.00210214514356695 -0.0044670584300798 -0.0035593139362668
Stock impact report

SLB and ACC Join Forces to Accelerate Decarbonization Efforts [Yahoo! Finance]

Murphy USA Inc. (MUSA) 
Last murphy usa inc. earnings: 4/17 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Per the terms of the agreement, SLB will acquire an 80% stake in Aker Carbon Capture Holding AS (“ACCH”), which encapsulates ACC's operations, for NOK 4.12 billion. The collaboration is not just a financial transaction but a strategic alliance to enhance the carbon capture, utilization, and sequestration (“CCUS”) landscape. SLB has committed to make additional payments of up to NOK 1.36 billion over the forthcoming three years, contingent on the joint venture's performance. The International Energy Agency underscores the pivotal role of CCUS in the journey toward net-zero emissions, projecting the need to capture more than one gigaton of CO2 annually by 2030 and escalating to more than six gigatons by 2050. This ambitious goal underscores the urgent need for scalable and efficient carbon capture solutions. The merger of SLB and ACC is poised to create a powerhouse in the carbon capture domain. The combined enterprise aims to revolutionize the market by leveraging ACC's establis Show less Read more
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