Category: Norway

Norway’s oil and gas production slightly lagged official expectations in March, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Tuesday. Crude oil output fell 1.1% from February to Continue Reading

Norway’s $1.3tn oil fund has made its first investment in renewable infrastructure, shrugging off concern about the recent prices paid for wind power projects, as its chief executive said he Continue Reading

Hydro is exploring the potential for developing and operating hydrogen facilities to meet large internal demand as well as serving an external market, leveraging the company’s industrial and renewable power Continue Reading

Norway expects its oil production to rise by 19% through to 2024 on the back of new developments such as Johan Sverdrup, while it is eyeing emissions reductions in the Continue Reading

ConocoPhillips has made a large oil discovery in the Norwegian Sea close to a producing oilfield, the U.S. oil and gas company said on Tuesday. Preliminary estimates point to the Continue Reading

Western Europe’s largest oil producer, Norway, will be ending the government-imposed oil production cuts at the end of the year, the Ministry of Petroleum and Energy said on Tuesday, while Continue Reading

Slower demand growth due to the pandemic and a drop in global oil supply due to low investments could result in peak oil demand 2-3 years sooner than an earlier Continue Reading

Norway’s Equinor will raise crude production from its flagship Johan Sverdrup field to 500,000 b/d by year-end from 470,000 b/d, with the second phase of the project eventually taking production Continue Reading