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Summary AmCham Norway’s 16th Annual Golf Tournament

AmCham

Category: AmCham News

22 teams enjoyed a spirited competition and comradery at Losby Golf Club as we hosted our 16th annual golf tournament, with Patron member Sapa’s team eventually claiming the prestigious Søderstrøm Cup and round-way trip to the U.S., courtesy of United. A packed flight of 88 players worked their way through a tough 18-holes, with some […]

Source: AmCham


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European Commission says ‘ball still rolling’ on trade deal with U.S.

Business

Category: Business and Investment News

The European Union’s executive said on Monday it had a unanimous mandate from the bloc’s 28 members to finalize negotiations on a free trade deal with the United States, a day after Germany’s economy minister said the talks had “de facto failed”. Sigmar Gabriel of Germany, the EU’s biggest economy, said on Sunday that negotiations […]

Source: Reuters


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Oil Executives See Volatility as Market Starts to Rebalance

Business

Category: Business and Investment News

Crude markets will continue to be plagued by volatility in the short and medium term after suffering the biggest downturn in a generation over the past two years, according to oil-company executives gathering for one of the industry’s biggest conferences in Norway. “The volatility is here to stay,” ConocoPhillips Chief Executive Officer Ryan Lance said […]

Source: Bloomberg


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The first subsea gas compression plant in the world on line – a step change in subsea technology

Business

Category: Business and Investment News

Statoil and its partners this week put the first subsea gas compression facility on line at Åsgard in the Norwegian Sea. Subsea compression will add some 306 million barrels of oil equivalent to total output over the field’s life. This subsea technology milestone opens new opportunities in deeper waters, and in areas far from shore. […]

Source: Statoil


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US Treasury Blasts European Tax Probe of Multinationals

Business

Category: Tax

U.S. officials are publicly criticizing Europe’s investigations into favorable tax arrangements that Apple and other multinational companies have reached with Ireland and a few other countries. The Treasury Department released a report Wednesday that complains the investigations disproportionately target U.S. companies and could end up costing American taxpayers if companies are forced to pay higher […]

Source: AP

Published: October 24, 2018


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