Norway Plans Deep Cuts to Oil Loadings
Norway may not officially be part of the OPEC+ alliance to curb oil supply in the face of the coronavirus pandemic, but next month it looks like the Scandinavian country Continue Reading
Norway’s Equinor favors blue hydrogen developments over green: CFO
Norway’s Equinor sees the development of blue hydrogen — fuel produced from natural gas in combination with carbon capture and storage — as currently more worthy of pursuing than green Continue Reading
Coronavirus delays startup of Norway’s flagship Johan Castberg Barents Sea oil project
Norway’s Equinor expects the startup of its flagship Barents Sea oil project, Johan Castberg, to be delayed into 2023 as the coronavirus pandemic holds up work across the construction yards Continue Reading
Electric cars threaten to pull the plug on petrol stations
Perched between Norway’s two longest fjords, Bergen might appear an unlikely place to glimpse the possible future of transport. But close to one in five cars in Norway’s second city Continue Reading
Norway’s Oil Industry Is Beginning To Recover
Norway sees oil and gas activity picking up after the market turmoil and the health crisis earlier this year, the Norwegian Petroleum Directorate (NPD) said in its first-half activity report Continue Reading
Researchers Look For Ways To Cut Norway’s Gargantuan $100 Billion Decommissionin
A new innovation center in Norway aims to find alternative and cost-efficient solutions aimed at reducing the huge US$100 billion decommissioning cost that the North Sea operators and countries face, Continue Reading
Norway’s Equinor to develop ‘at-scale’ blue hydrogen plant in UK
Norway’s Equinor said July 1 it is leading a project in the UK to develop one of the world’s first “at-scale” facilities to produce hydrogen from natural gas in combination Continue Reading
Norwegian Air cancels order for 97 Boeing aircraft
Low-cost carrier Norwegian Air Shuttle said Tuesday it has cancelled its 97 outstanding orders for planes from U.S. manufacturer Boeing. Norwegian said in a statement it had terminated the purchase Continue Reading
Norway’s Oil Industry Questions $10 Billion Tax Plan
A $10-billion tax deferral plan proposed by the Norwegian government has prompted two oil industry executives to voice concern that it would do nothing to support the sustainability of the Continue Reading
Norway announces 250,000 b/d June oil output cut to shore up market
Norway, Europe’s largest oil producer, will cut production by 250,000 b/d in June and by 134,000 b/d in the second half of the year as part of a broad international Continue Reading