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Energy

Shell and Equinor develop smart inventory management system with Microsoft Azure

Category: Business News

Building on news of the recent Strategic Alliance with Shell, Microsoft will be supporting Shell and Equinor with the co-development of the tool, which runs on Microsoft Azure.

Source: World Oil

Published: April 26, 2024


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Norway agrees to fund Equinor’s Northern Lights CO2 project

Category: Business News

Following a historic vote in parliament, the Norwegian government announced its funding decision for the Northern Lights CO2 transport and storage project.

Source: worldoil.com

Published: April 26, 2024


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Exxon Sets New Emissions Goals

Category: Business News

Exxon Mobil Corp. entered 2020 with a multi-year growth plan projected to significantly increase its greenhouse-gas emissions. Then came Covid-19 and criticism from activist investors over its record on climate and financial returns.

Source: Bloomberg

Published: April 26, 2024


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Norway launches major wind power research centre

Category: Business News

Today the Norwegian Minister of Petroleum and Energy, Tina Bru, announced an investment of 120 million NOK (11.3 million EUR) in a new wind power research centre in Norway. The NorthWind research centre will be at the cutting edge, working on innovations to make wind power cheaper, more efficient, and more sustainable. One of the […]

Source: EurekAlert!

Published: November 12, 2020


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Reuters: ConocoPhillips discovers gas offshore Norway

Category: Business News

Nov 11 (Reuters) – ConocoPhillips said on Wednesday it has discovered gas condensate offshore Norway, sending the oil producer’s shares up 2% in premarket trade. The discovery was made northwest of the Heidrun oil and gas field and 150 miles (241.4 km) from the coast of Norway in the Norwegian Sea. The company said preliminary […]

Source: Reuters

Published: November 11, 2020


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