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Norway to Identify More Offshore Areas for Wind Power Parks
Category: Business News
OSLO (Reuters) -Norway will identify additional offshore areas to build wind parks amid strong interest from energy firms, the government said on Tuesday, as the oil-producing country seeks to build a domestic offshore wind industry. Norway is now opening two offshore areas to build wind farms, called Utsira Nord and Soerlige Nordsjoe II, expected to […]
Source: Reuters
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How Together, Norway And California Are Modeling The World’s Sustainable Future
Category: Automobile / Transport
Director, Invest in Norway, North America at Innovation Norway, bridging the gap for large tech companies expanding into the Nordic Region. The viral Super Bowl ad featuring Will Ferrell was more than a light-hearted promotion of GM’s electric vehicles (EVs). Rather, it foretold America’s imminent recommitment to sustainability. It’s in the interest of all nations to pursue a […]
Source: Forbes
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Ford’s Electric Mustang Tops Norway Car Sales in May
Category: Automobile / Transport
OSLO (Reuters) -Ford Motor Co’s electric Mustang Mach-E topped Norway’s car sales in May, the first full month of registrations for the crossover vehicle in the small but influential Nordic market, national data showed on Tuesday. Battery electric vehicles made up 60.4% of all new cars sold in Norway last month, the Norwegian Road Federation […]
Source: US News
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Racing for Hydrogen: How Gas Giants Are Vying to Stay Relevant
Category: Business News
(Bloomberg) — The global gas industry is in an existential race: either find a way to be part of the next generation of energy or risk getting supplanted by alternatives. BP Plc, Sinopec, Equinor ASA and Royal Dutch Shell Plc are among the producers looking to hydrogen to help secure demand that otherwise may falter […]
Source: Bloomberg
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Equinor and Exxon to develop $8 bln Brazilian oilfield
Category: Business News
Equinor (EQNR.OL), ExxonMobil (XOM.N) and Petrogal Brasil said on Tuesday they would proceed with an $8 billion development of Brazil’s Bacalhau oil discovery. First oil from the field, which will be operated by Norway’s Equinor, is expected in 2024, with output set to reach 220,000 barrels per day, the companies said in a joint statement. “Estimated recoverable reserves […]
Source: Reuters
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