NEWS

Energy

Norway launches major wind power research centre

Category: Business News

Today the Norwegian Minister of Petroleum and Energy, Tina Bru, announced an investment of 120 million NOK (11.3 million EUR) in a new wind power research centre in Norway. The NorthWind research centre will be at the cutting edge, working on innovations to make wind power cheaper, more efficient, and more sustainable. One of the […]

Source: EurekAlert!

Published: November 12, 2020


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Reuters: ConocoPhillips discovers gas offshore Norway

Category: Business News

Nov 11 (Reuters) – ConocoPhillips said on Wednesday it has discovered gas condensate offshore Norway, sending the oil producer’s shares up 2% in premarket trade. The discovery was made northwest of the Heidrun oil and gas field and 150 miles (241.4 km) from the coast of Norway in the Norwegian Sea. The company said preliminary […]

Source: Reuters

Published: November 11, 2020


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PitchBook: Baker Hughes Does Carbon-Capture Deal with Norwegian Company Compact Carbon Capture

Category: Business News

Oilfield services powerhouse Baker Hughes has purchased Compact Carbon Capture, a Norwegian company developing novel techniques for capturing carbon dioxide emissions from the atmosphere. Compact Carbon Capture went through the Repsol Foundation Accelerator program last year. Read entire details here

Source: PitchBook

Published: November 5, 2020


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With Big Oil Declining, Carbon Removal Could Take Its Place

Category: Business News

A new study shows that revenues in the fledgling industry could soon come to rival those of today’s oil and gas giants. Transitioning away from fossil fuels won’t be enough to slow climate change. The world has delayed the task of cutting emissions for so long that we likely will have to also deploy solutions […]

Source: Bloomberg


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E24: ConocoPhillips krever at ansatte bruker munnbind på kontoret

Category: Business News

Oljeselskapet dobler antallet ansatte på kontoret, men setter inn nye tiltak for å hindre koronasmitte. Tirsdag 20. oktober økte ConocoPhillips bemanningen ved sitt norske hovedkontor i Risavika fra i underkant av 300 til 600. Samtidig ble det innført krav om bruk av munnbind i fellesområdene på kontoret. – Vi vet at bruk av munnbind gir […]

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