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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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ConocoPhillips Announces Significant Oil Discovery in the Norwegian Sea
Category: Business News
ConocoPhillips (NYSE: COP) today announced a new oil discovery in production license 891 on the Slagugle prospect located 14 miles north-northeast of the Heidrun Field in the Norwegian Sea. ConocoPhillips Skandinavia AS is operator of the license with 80 percent working interest. Pandion Energy AS is license partner with 20 percent working interest.
Source: ConocoPhilips
Published: May 8, 2024
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Shell and Equinor develop smart inventory management system with Microsoft Azure
Category: Business News
Building on news of the recent Strategic Alliance with Shell, Microsoft will be supporting Shell and Equinor with the co-development of the tool, which runs on Microsoft Azure.
Source: World Oil
Published: May 8, 2024
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Norway agrees to fund Equinor’s Northern Lights CO2 project
Category: Business News
Following a historic vote in parliament, the Norwegian government announced its funding decision for the Northern Lights CO2 transport and storage project.
Source: worldoil.com
Published: May 8, 2024
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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 8, 2024
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