NEWS

Energy

Norway Faces Pressure to Curb Power Exports as Prices Surge

Category: Business News

(Bloomberg) — The Norwegian government is facing increasing calls to curb electricity exports to the continent as power prices jump at home.  The uncertainty over coal and gas supplies from Russia has sent power prices soaring across Europe, which is making the cheap Norwegian hydro electricity even more attractive. Exports outside the Nordic market are […]

Source: Bloomberg


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Graft: US chairman of Norwegian player a ‘suspect’ in ongoing probe, as DoJ begins separate inquiry

Category: Business News

Another top executive at Oslo-listed PetroNor E&P has been caught up in a graft investigation being carried out by the Norwegian authorities, while the US Department of Justice has now also started it own probe. In December 2021, chief executive Knut Sovold and another unnamed individual were detained by Okokrim, Norway’s National Authority for the […]

Source: UpStream


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Drilling operations start on Cambozola exploration well in Norway

Category: Business News

Longboat Energy, an emerging full-cycle North Sea E&P company, announced the commencement of drilling operations on the Cambozola exploration well (Company 25%) in Norway. Cambozola is the primary prospect located in the PL1049/PL1049B/PL1049C licenses in the Northern North Sea, in an area with significant existing infrastructure and just c. 30 km (18.6 mi) northwest of […]

Source: WorldOil


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Yara fortsetter arbeidet med å kutte Norges største punktutslipp

Category: Business News

Hegra ble lansert i 2021 som et samarbeidsprosjekt mellom Yara, Aker Clean Hydrogen og Statkraft, med mål om å elektrifisere Yaras ammoniakkfabrikk på Herøya i Porsgrunn, og fjerne 800 000 tonn med årlige CO2-utslipp Et integrert team mellom partene har samarbeidet gjennom det siste året med å modne prosjektet i en tidlig fase. Den nylig […]

Source: Yara


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Hydro’s head office at Vækerø will be Norway’s largest office building with solar panels

Category: Business News

The planning phase to install solar panels at the commercial buildings in Vækerø Park has begun. With 1,520 high-efficiency panels, it will be the country’s largest installation at an office building. “The head office at Vækerø means something to our identity. We hope this is something our employees – and future employees – find exciting […]

Source: Hydro


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