News

ExxonMobil to Sell its Norway-Operated Oilfields

Business

Category: Energy

Exxon Mobil has agreed to sell its operated upstream business in Norway to private equity firm HitecVision and oil company Point Resources for an undisclosed sum, it said on Wednesday. The deal means that the world’s largest listed oil firm will no longer operate producing fields on the Norwegian continental shelf, making it the second […]

Source: Reuters

Published: March 19, 2024


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Norwegian Bank DNB Sells Its Share of Dakota Pipeline Funding

Business

Category: Energy

Norwegian bank DNB has sold its share of loans funding the Dakota Access oil pipeline, it said on Sunday, ending its involvement in a project that has faced strong opposition from Native Americans and environmental groups. DNB announced in November that it would review its participation in the financing of the Energy Transfer Partners LP […]

Source: Fortune


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Statoil awarded 13 leases in US Gulf of Mexico

Business

Category: Energy

Statoil resets its exploration in the Gulf of Mexico and was today deemed high bidder on 13 leases in the 2017 Central Lease Sale. Statoil successfully bid on 13 leases in the US Department of the Interior’s central region Gulf of Mexico lease sale 247, which took place on 22 March. The company was the […]

Source: Statoil


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Yara Annual Report: Positioned for Further Growth

Business

Category: Chemicals / Metals

“The best way to predict the future is to create it,” Abraham Lincoln once said. While we cannot predict the future, we have created a mission to responsibly feed the world, and protect the planet. The next few years will become more difficult than those behind us. In 2016, the fertilizer industry was confronted with […]

Source: Yara


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Overview: The Automotive Industry in the United States

Business

Category: Automobile / Transport

The United States has one of the largest automotive markets in the world and is home to many global vehicle and auto parts manufacturers. After vehicle production dipped below 6 million units in 2009, production more than doubled to over 12 million passenger vehicles in the United States in 2015. The United States is the […]

Source: Select USA


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