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Energy

Bloomberg: Shell to Leave Oil Lobby Group Over Climate Policy Concerns

Category: Business and Investment News

Royal Dutch Shell Plc’s position on climate change is misaligned with about half of the trade associations it’s a part of, and the disagreement with one is so severe the company will let its membership lapse next year. The findings were issued in a first-of-its-kind report on whether the company’s association with lobbying groups is undermining its work […]

Source: Bloomberg

Published: April 2, 2019


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World Oil: Petroleum Activity in the High North report shows significant value in Barents Sea

Category: Business and Investment News

STAVANGER — The Norwegian Petroleum Directorate has presented the report Petroleum Activity in the High North. The report places the petroleum activity in the High North into a historical, international and technological framework. “We hope the report can contribute in a knowledge-based approach to the debate,” says Director General Bente Nyland, who presented the report […]

Source: World Oil

Published: April 3, 2019


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Press Release: DNV GL supports Norwegian transmission operator Statnett in connecting renewable energy to the grid

Category: Business and Investment News

ARNHEM, the Netherlands, 28 March 2019 – DNV GL has been selected by the Norwegian transmission system operator Statnett to provide electrical design services for the development of a new composite high-voltage transmission tower. The project is part of Statnett’s Research and Development programme ‘Lean Line’, which is designed to build power lines in a safer, […]

Source: DNV GL

Published: April 22, 2019


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World Oil: Google, Chevron execs say industry must keep up with data transformation, other tech trends

Category: Business and Investment News

At the Norwegian Energy Day on Tuesday, March 19, hosted by the Norwegian Consulate General and several corporate sponsors, speakers from Google and Chevron told the audience that the oil and gas industry needs to do more, and do it faster, to adapt to the digital transformation and other related trends. “The oil and gas […]

Source: World Oil

Published: April 22, 2019


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Bloomberg: Oil Divestment List for Norway’s $1 Trillion Fund Isn’t Final

Category: Business and Investment News

Figuring out exactly which oil companies Norway is targeting for divestment wasn’t easy last week when the government made its historic announcement. It turns out no one knows precisely yet. After revealing it would allow its $1 trillion wealth fund to sell out of $7.5 billion in upstream oil and gas companies, the government disseminated […]

Source: Bloomberg

Published: March 1, 2019


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