NEWS

Chemicals / Metals

Norsk Hydro To Divest Rolling Business Area To KPS Capital Partners In €1.38 Bln Deal

Category: Business News

Norwegian aluminium and renewable energy company Norsk Hydro ASA (NHY, NHYDY.PK, NHYDY.PK) Friday said it has entered into an agreement to sell its Rolling business to KPS Capital Partners for 1.38 billion euros on an enterprise value basis. Hydro said the agreed deal price would result in a reduction of 856 million euros in pension […]

Source: Nasdaq


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Norway eyes sea change in deep dive for metals instead of oil

Category: Business News

Norway’s oil and gas reserves have made it one of the world’s wealthiest countries but its dreams for deep-sea discovery now center on something different.

Source: Reuters

Published: December 1, 2021


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Exxon Sets New Emissions Goals

Category: Business News

Exxon Mobil Corp. entered 2020 with a multi-year growth plan projected to significantly increase its greenhouse-gas emissions. Then came Covid-19 and criticism from activist investors over its record on climate and financial returns.

Source: Bloomberg

Published: May 6, 2021


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Reuters: Norway cuts gas exports as plant shuts over strike

Category: Business News

OSLO (Reuters) – Norway’s Nyhamna gas export terminal is closing down as security guards at the plant go on strike, cutting volumes by an expected 50 million standard cubic metres (mcm) of gas per day, system operator Gassco said on Saturday.

Source: Reuters

Published: May 6, 2021


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Hydro appoints Paul Warton EVP Extruded Solutions

Category: Business News

Paul Warton, business unit president at global aluminium company Constellium, has been appointed Executive Vice President for Hydro’s Extruded Solutions business area. Warton (59) will report to President and CEO Hilde Merete Aasheim and join the Corporate Management Board. He will start his new position on February 1, 2021, replacing Egil Hogna, who will leave […]

Source: Hydro

Published: October 9, 2020


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