SHARM EL-SHEIKH, Egypt, Nov 8 (Reuters) – Norwegian energy giant Equinor is on track to almost double the share of its investment in renewable energy this year, despite walking away from expensive offshore wind deals, […]
It is great fun to talk with industry leaders from around the globe. Today is just one of those days. Tom Jensen, CEO & Co-Founder of FREYR Clean Battery Solutions stopped by the podcast. I […]
EU energy commissioner Kadri Simson said Wednesday that natural gas price caps could limit excessive price spikes but only if countries give Brussels the power to impose such a measure. Norway’s top energy firm responded […]
Lithuanian liquefied natural gas (LNG) terminal operator Klaipedos Nafta (KN) has exercised its option to acquire the floating storage regasification unit (FSRU) Independence from Norway’s floating terminal projects company Höegh LNG. The transfer of ownership […]
Record-breaking electricity prices across Europe are damaging the continent’s attempts to build a reliable low-carbon supply chain and reach its decarbonization targets, as solar and battery manufacturers face mounting costs. Rystad Energy research shows that […]
After the Norwegian Government increased readiness on the Norwegian continental shelf, the Norwegian Armed Forces enhanced its presence, and soldiers were placed on oil and gas facilities. The Norwegian Armed Forces said they were present […]
Norway, one of Europe’s biggest electricity exporters, is considering measures to limit power shipments to prevent domestic shortages amid surging prices, according to local media reports. (Bloomberg) — Norway, one of Europe’s biggest electricity exporters, […]
NBIM, the trillion dollar state pension fund of Norway, the largest sovereign wealth fund in the world, endured the biggest loss it has ever seen in the first half of the year, according to an […]
Norway’s $1.3 trillion sovereign wealth fund posted its biggest loss on record as rate hikes, surging inflation and Russia’s invasion of Ukraine spurred volatility. The Oslo-based fund, the world’s biggest, lost 14.4% in the six […]
OSLO, Aug 15 (Reuters) – Norway will have to phase out some of its old oil and gas fields prematurely to achieve its 2030 climate goals, unless it can use carbon-free power on more offshore […]
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