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Norway’s Arctic Oil Bonanza Gets Reality Check in Pipe Limbo

Business

Category: Energy

Norway, whose oil finds in the North Sea starting in 1969 helped turn it into the world’s second-richest nation per capita after Luxembourg, can’t waste time in deciding on how to transport what it finds off its northern tip down south to the rest of Europe, Petroleum and Energy Ministry Ola Borten Moe said at […]

Source: Bloomberg

Published: April 26, 2012


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S&P Affirms Norway’s Rating

Business

Category: Financial / Investment

The rating was affirmed at ‘AAA/A-1+’ with Stable outlook. The Stable outlook reflects the assessment that rating will be supported by effective political stability and fiscal flexibility of the country, and strong net creditor position. Further, the rating is supported by substantial wealth and per capita income. Also, the nation benefits from net external assets. […]

Source: RTTNews

Published: April 26, 2012


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GON Proposes Doubling CO2 Tax on Oil Sector

Business

Category: Energy

“To provide companies with increased incentives for electrification, the government will increase the CO2 tax on petroleum activities of NOK 200 per tonne… This will provide companies with increased incentives to use energy from land,” it said.

Source: Reuters

Published: April 25, 2012


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Can the US Outrun the European Mess?

Business

Category: Financial / Investment

The former Chief Economist for HSBC Securities, Inc. in NY, USA, and now Chief U.S. Economist at the High Frequency Economics in New York talked at a seminar at BI Norwegian Business School Wednesday 11th of April with the headline; “The race is on: Can the U.S. outrun th European Mess?” At HSBC his views […]

Source: BI Norwegian Business School

Published: April 11, 2012


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World Intellectual Property Day

Business

Category: IP & Innovation

Behind every great innovation, either artistic or technological, is a human story – a tale in which new pathways open as a result of the curiosity, insight or determination of individuals. The Wright Brothers’ boyhood fascination with flight leads to a flying machine and travel by air. Louis Pasteur’s inquisitive mind advances the science of […]

Source: World Intellectual Property Organization

Published: April 25, 2012


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