Norway’s Suspension of Bergen Engines Sale a ‘Serious Concern’, Russia Embassy Says
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
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
By Lars Erik Taraldsen (Bloomberg) — Interest in oil exploration in the Norwegian Arctic has dropped dramatically following years of disappointing
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
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
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
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
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
Norwegian shipbuilder Havyard has announced plans ditch newbuilds and focus its operations on ship repair and service. Unfortunately, this will lead to
By Nerijus Adomaitis OSLO, Nov 4 (Reuters) – Norway’s top court began to hear arguments on Wednesday on the legality of awarding offshore oil
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
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
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
By Lars Erik Taraldsen (Bloomberg) — Norway’s Prime Minister Erna Solberg warned of a humanitarian and trade crisis if the roughly 800,000 seafarers
By Akshat Rathi (Bloomberg) — Plentiful reserves of fossil fuels and rich seams of valuable minerals are no guarantee of national health, wealth or
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
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
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
OSLO, June 10 (Reuters) – Norway’s energy minister said state-controlled Equinor must be more transparent about its foreign businesses after it was
Norwegian shipowners are committing an ambitious plan for the entire Norwegian fleet to be carbon neutral by 2050. The commitment, made under the umbrella of
A trio of oil industry majors have made a historic investment decision on a large-scale offshore carbon capture and storage project offshore Norway seen as
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