By Gwladys Fouche and Nikolaj Skydsgaard OSLO, April 7 (Reuters) – Norway’s $1.3 trillion sovereign wealth fund has made its first direct investment in a renewable energy project, a new...

By Terje Solsvik OSLO, March 23 (Reuters) – Norway will block Rolls-Royce from selling a Norwegian maritime engine maker to a Russian company on national security grounds, its justice minister...

Norway has given the green light to begin preparations for the construction on what is expected to become the world’s first ship tunnel. The Stad Ship Tunnel will cut through...

by Terje Solsvik (Reuters) – Norway’s decision to suspend the planned sale of a maritime engine maker to Russia’s TMH Group is a matter of “serious concern” and suggests possible...

By Lars Erik Taraldsen (Bloomberg) — Interest in oil exploration in the Norwegian Arctic has dropped dramatically following years of disappointing drilling results. Only seven oil companies applied for new acreage...

OSLO, Jan 21 (Reuters) – Norway is proceeding with plans to award oil and gas exploration permits in frontier regions of the Arctic later this year, Oil and Energy Minister...

Norwegian energy producer Equinor is taking on a project to test floating solar power off the not-so-sunny coast of Norway. Equinor announced Thursday that it has partnered with Moss Maritime...

By Nerijus Adomaitis OSLO, Jan 12 (Reuters) – Norway’s oil and gas reserves have made it one of the world’s wealthiest countries but its dreams for deep-sea discovery now center...

Nor-Shipping has pushed its planned June 2021 conference to January 2022 amid impacts the COVID-19 pandemic. The conference says its decision to postpone the event is part of an effort...

By Andrew Noël (Bloomberg) — Yara International ASA plans to convert a plant in Norway to produce green ammonia in a bet the chemical will become a go-to fuel for emission-free...

Norwegian shipbuilder Havyard has announced plans ditch newbuilds and focus its operations on ship repair and service. Unfortunately, this will lead to downsizing of about 100 staff at the yard....

By Nerijus Adomaitis OSLO, Nov 4 (Reuters) – Norway’s top court began to hear arguments on Wednesday on the legality of awarding offshore oil licenses in the Arctic, in a...

by George Hay (Reuters) – If offshore wind and solar power are zero-carbon energy’s ESG golden boys, carbon capture is its problem child. Climate activists often see the process of...

By Nerijus Adomaitis OSLO, Oct 20 (Reuters) – A shift to operating oil rigs remotely from land, which has been accelerated by lower crude prices, has rekindled concerns among Norwegian...

By Nerijus Adomaitis OSLO, Oct 9 (Reuters) – Norwegian oil firms struck a wage bargain with labour union officials on Friday, ending a 10-day strike that had threatened to cut...

By Lars Erik Taraldsen (Bloomberg) — Norway’s Prime Minister Erna Solberg warned of a humanitarian and trade crisis if the roughly 800,000 seafarers stranded around the globe due to the...

By Akshat Rathi (Bloomberg) — Plentiful reserves of fossil fuels and rich seams of valuable minerals are no guarantee of national health, wealth or happiness. The “resource curse” has blighted...

By Mikael Holter (Bloomberg) –Norway’s plan for a full-scale carbon capture and storage project could end up a financial disaster, according to a new report that includes an increased cost...

The Norwegian government has announced the opening of more than 860,000 acres of the Norwegian Continental Shelf to offshore wind development. The areas, known as “Utsira Nord” and “Sørlige Nordsjø...

By Lars Erik Taraldsen and Mikael Holter (Bloomberg) –Norway has been talking for years about weaning itself off oil, but the Covid-19 crisis has revealed how far it has left...