Norway promises Europe more gas as prices soar
Norway agreed on Monday to increase natural gas exports to the rest of Europe as record high wholesale natural gas prices prompted suppliers in Britain to seek state support and Continue Reading
Aker BP May Have Drilled Its Last Well in the Barents
Aker BP ASA, Norway’s second-biggest oil operator, isn’t planning on drilling for more oil and gas in the Arctic Barents Sea. (Bloomberg) — Aker BP ASA, Norway’s second-biggest oil operator, Continue Reading
World’s Biggest Wealth Fund Wants Oil Firms To Cut More Emissions
The world’s largest sovereign wealth fund, Norway’s $1.4 trillion Government Pension Fund Global (GPFG), should ask from the companies it is invested in when it comes to reaching their 2050 Continue Reading
Equinor’s Norwegian oil output drops 5% on year in Q2 despite Sverdrup
Heavy North Sea maintenance dents output Oil output reductions offset by higher gas output Affirms 2% full-year output growth target Norway’s Equinor suffered a 5% year-on-year drop in its Norwegian Continue Reading
Norway Is Going Full Steam Ahead On Its Oil Ventures
Despite announcements last year that it is striving for net-zero carbon emissions by 2050, Norway has now said it will go full steam ahead in its oil ventures over the Continue Reading
Norway awards Arctic oil exploration permits, but fewer firms apply
Norway aims to expand oil exploration in Arctic Seven oil firms share four drilling permits Government had offered nine areas for drilling Fewer firms applied amid poor exploration results Activists Continue Reading
Analysis: Greener oil or green industry? Gridlock puts Norway in a bind
Norway’s oil and gas industry is counting on renewable power from hydro plants to cut emissions from its offshore platforms but rival demand from the green economy is putting a Continue Reading
Baltic Pipe gas link work resumes but faces 3-month delay
Construction work on Baltic Pipe, a pipeline connecting Poland with Norwegian gas fields via the Baltic Sea and Denmark, will resume after a temporary halt was announced earlier this month, Continue Reading
BP joins consortium seeking wind power off Norway
British oil major BP (BP.L) will join Norway’s Statkraft (STATKF.UL) and Aker Offshore Wind (AOW-ME.OL) to bid for permits to build offshore wind power projects off Norway, the companies said Continue Reading
The World’s Electric-Car Capital Is Having Nasty Fights Over Oil
In one of the greenest cities in the world, where electric cars abound and almost all carbon emissions will be eliminated within a decade, the debate about climate change is Continue Reading