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HomeNorway

Norway

Climate Crisis

Week Recap: Energy Shifts: EVs, Oil, Geopolitics

June 22, 2024 Andy Del Prado

Weekly Daily Standup Top Stories EV Slowdown Steers the World Further Off Course From Net Zero June 16, 2024 Stu Turley Electric vehicles have swiftly gone from a bright spot in the global climate fight to cause for […]

Norway
Hydrogen

Norway allocates $112m to hydrogen and ammonia ships

June 20, 2024 Mariel Alumit

Norwegian government enterprise promoting green energy initiatives Enova has unveiled its largest-ever funding allocation within the shipping sector, aimed at establishing the first functioning value chains for ammonia and hydrogen. The award totaling NOK1.2bn ($112.3m) […]

Race Bank offshore wind farm
International News

Norwegian sovereign wealth fund buys stake in Race Bank offshore wind farm

June 19, 2024 Mariel Alumit

Funds managed by Macquarie Asset Management and Spring Infrastructure Capital have opted to divest a 37.5% stake in the Race Bank offshore wind farm to Norges Bank Investment Management. The stake in the 573 MW […]

AI

Republicans Win Biden’s Green Policies

June 18, 2024 Andy Del Prado

Daily Standup Top Stories Russia’s War in Ukraine Has Produced $32 Billion in Climate Damage June 17, 2024 Mariel Alumit CLIMATEWIRE | In November 2022, the United Nations resolved that Russia should pay reparations for the losses, […]

Rare Earth
Critical Minerals

Rare Earth Discovery Could Topple China’s Dominance

June 17, 2024 Mariel Alumit

Amining company’s discovery of continental Europe’s largest deposit of rare earth elements (REEs) could chip away at China’s global dominance over the materials, which are used to make a range of critical technological and military […]

Norway
Critical Minerals

Norway discovers Europe’s largest deposit of rare earth metals

June 11, 2024 Mariel Alumit

Mining firm Rare Earths Norway says it has discovered Europe’s largest proven deposit of highly prized rare earth elements, potentially reflecting a watershed moment for both the Nordic country and the broader region. One of the few […]

Norwegian oil and gas companies
Crude Oil News

Norwegian oil and gas companies to spend $24 billion in 2024

May 28, 2024 Mariel Alumit

(Bloomberg) – Oil and gas companies operating on the Norwegian Continental Shelf will spend 247 billion kroner ($24 billion) this year, reflecting growth in investments for exploration and on existing fields. Spending on oil and […]

Norway
Crude Oil News

Norway Expands Arctic Acreage for Oil and Gas Drilling in Mature Areas

May 8, 2024 Mariel Alumit

Norway is expanding the acreage in the Barents Sea and the Norwegian Sea, for which companies vying for licenses in mature areas can bid this year, the energy ministry of Western Europe’s largest oil and […]

Norway
Exploration and Production

Norway to extend life of mature Brage oil and gas field in North Sea with new Bestla offshore tie-in

April 30, 2024 Mariel Alumit

(Bloomberg) – Norway will add a new offshore oil and gas development in the North Sea, extending the life of a nearby field that has been in operation for over three decades. Okea ASA will […]

coal
Coal

Retired coal plants can aid the energy transition — by going nuclear

April 26, 2024 Mariel Alumit

Governments and leaders worldwide are attempting to decarbonize their electricity grids and meet net zero targets to combat climate change. Only a few large, industrialized countries have achieved generally clean electricity grids: France, Sweden, Norway, […]

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