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Summary: Reception with California Governor Edmund Brown Jr.
Category: AmCham News
AmCham, together with the Ministry of Climate and Environment, hosted California Governor Edmund Brown Jr. at an exclusive Patron member reception on Thursday evening, cementing commitment to the Under2 Coalition endorsed earlier this year by Norway and California. The Under2 Coalition is a global pact of cities, states and countries committed to limiting the increase […]
Source: AmCham
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Norway: a glimpse of the future for the global gas station industry
Category: Automobile / Transport
A pit stop on a Norwegian highway in the middle of fields between Oslo and the Olympics town of Lillehammer will soon offer a glimpse of the future for the global gas station industry. At the Circle K in Dal, 34 miles (55 kilometers) north of the capital, owners of the next generation of electric cars […]
Source: Bloomberg
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Oil Output Threatened as Norway Explorers Neglect North Sea
Category: Energy
Oil explorers are neglecting their old hunting grounds in the North Sea, threatening to deepen an expected slump in Norway’s output in the middle of the next decade, the country’s industry regulator warned. Norway’s oil and gas production, which peaked in 2004, is already forecast to fall again after 2025 as old fields decline. But […]
Source: Bloomberg
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Point Resources completes Exxon upstream acquisition in Norway
Category: Energy
HitecVision and its majority owned portfolio firm Point Resources has completed the acquisition of American supermajor ExxonMobil’s upstream business in Norway. The sale includes the transfer of the “majority” of Exxon’s 300 in-country offshore and onshore E&P staff as well as a “significant” number of producing assets. The deal was originally announced back in March. […]
Source: Energyvoice
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Oil Majors Find Their Way Back to Normality as Earnings Surge
Category: Energy
Oil supermajors are getting back to their normal way of life after surviving a price slump that shook the foundations of their business. BP Plc gave the boldest signal yet that the worst of the downturn was over, announcing on Tuesday that it would buy back shares for the first time in three years. After posting […]
Source: Bloomberg
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