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Statoil achieves climate target two years ahead of schedule

Business

Category: Energy

Statoil has already achieved its 2015 target of reducing the annual CO2 emissions from the Norwegian continental shelf by 1.2 million tonnes from 2008 to 2020. The reduction equals the emissions from some 600 000 private cars annually, or almost every fourth car on Norwegian roads. “It is essential that we take strong and effective […]

Source: Statoil

Published: September 25, 2017


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Statoil, Techstars launch global accelerator program for energy innovators

Business

Category: Energy

Statoil is partnering with Techstars to create a global accelerator program for innovators and entrepreneurs who aspire to shape the future of energy. Techstars will reach out through its global network to identify, recruit, and select the world’s ten most promising energy innovators and entrepreneurs to participate in the Techstars Energy Accelerator. Each of the […]

Source: World Oil

Published: September 25, 2017


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Big Oil Becomes Greener With Progress in Cutting Pollution

Business

Category: Energy

It’s no secret that oil majors are among the biggest corporate emitters of pollution. What may be surprising is that they’re reducing their greenhouse-gas footprints every year, actively participating in a trend that’s swept up most corporate behemoths. Sixty-two of the world’s 100 largest companies consistently cut their emissions on an annual basis between 2010 […]

Source: Bloomberg

Published: September 25, 2017


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The World’s Biggest Wealth Fund Hits $1 Trillion

Business

Category: Energy

Norway’s sovereign wealth fund hit $1 trillion for the first time on Tuesday, driven higher by climbing stock markets and a weaker U.S. dollar. The milestone valuation was reached for the first time on Sept. 19 at 2:01 a.m. in Oslo, Norges Bank Investment Management said in a statement on Tuesday. “I don’t think anyone […]

Source: Bloomberg

Published: September 25, 2017


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Record High Interest in Exploration on the Norwegian Continental Shelf – APA 2017

Business

Category: Energy

Not since the APA-scheme was established in 2003 has The Norwegian Ministry of Petroleum and Energy received as many applications as it did in this year’s APA-round (Awards in Predefined Areas). At the application deadline on September 1st , a total of 39 companies had submitted applications for new acreage in the best known areas on […]

Source: Regjeringen

Published: September 25, 2017


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