Category: Energy
A Norwegian oil-workers union said it’s ready to go on strike over pensions in a move that threatens to cut oil production from Exxon Mobil Corp.’s platforms in the North Sea by more than 60,000 barrels a day. A court in Oslo today ruled that a strike notice by the Safe union that would affect […]
Source: Bloomberg
Published: March 19, 2024
Category: Energy
Prime Minister Erna Solberg pledged to protect Norway’s oil industry from political interference as the central bank warned it may cut interest rates to save western Europe’s biggest crude producer as investments slump. The 53-year-old premier, who has warned the country faces a “hard landing” unless it can boost productivity and lower costs in its […]
Source: Bloomberg
Published: March 19, 2024
Category: Energy
In cooperation with the Norwegian Petroleum Directorate, The Ministry of Petroleum and Energy has published a new edition of its annual book on the Norwegian petroleum sector, Facts 2014. The publication gives a comprehensive overview of the petroleum activity on the Norwegian continental shelf (NCS). New versions of the Oil Facts app are at the […]
Source: Ministry of Petroleum & Energy
Published: June 6, 2014
Category: Trade
As the one-year anniversary of negotiations for the Transatlantic Trade and Investment Partnership (TTIP) approaches, it’s time to recognize the proposal’s potential “to generate growth not only in Europe and the United States, but also in the developing world,” write Anne Ruth Herkes and Miriam Sapiro in the following opinion piece. Herkes was state secretary […]
Source: Wharton School of the University of Pennsylvania
Published: March 6, 2014
Category: Financial / Investment
Right now, Hankook Tire, a company whose executives met with President Obama in Korea earlier this year, is investing in a new facility in Tennessee that will employ 1,800 Americans. And Novozymes, a bioinnovations company based in Denmark, is investing millions of dollars in a job-creating North Carolina research center. At the same time, American […]
Source: US Secretary of Commerce Penny Pritzker
Published: June 6, 2014