NEWS

Bloomberg: A Floating Hoard of North Sea Oil Is Starting to Diminish

Category: Business News

A glut of benchmark North Sea oil that’s been sitting on ocean-going tankers for weeks is starting to diminish. Millions of barrels of the region’s unwanted crude have been stashed on oil tankers since the coronavirus caused a demand collapse. But now the volumes are starting to shrink sharply, data compiled by Bloomberg show. Anchored […]

Source: Bloomberg

Published: June 10, 2020

Reuters: Norway oil firms slash investment plans amid pandemic

Category: Business News

OSLO (Reuters) – Norwegian oil and gas investment, a key economic driver, is expected to decline sharply in 2021 after rising less than previously anticipated this year, an industry survey by the national statistics agency (SSB) showed on Thursday. The biggest drop will come in the exploration for new reserves and in spending on development […]

Source: Reuters

Published: June 4, 2020

Innlegg i DN: Equinor betaler skatt der verdiene skapes

Category: Business News

I en artikkel i Dagens Næringsliv 23. mai rettes det kritikk mot at Equinor har selskaper i USA registrert i staten Delaware. DN har beklaget at Equinor ikke fikk anledning til å kommentere i artikkelen, og det er bra. Vi ønsker derfor å presisere følgende: Equinor betaler skatt til de delstatene i USA der verdiene […]

Source:

World Oil: Oil doubles over past five days on output cuts and stabilizing demand

Category: Business News

SINGAPORE (Bloomberg) –Oil’s rally resumed after prices doubled over five days, amid optimism that output cuts are easing a huge supply glut and demand losses have bottomed. Futures in New York rose above $25 a barrel after earlier breaking above their 50-day moving average for the first time since January. Russian oil production was down […]

Source: World Oil

Published: May 6, 2020

TechnipFMC vil kutte 700 stillinger i Norge

Category: Business News

TechnipFMC opplyser mandag om beslutningen overfor E24. – Vi ser at aktiviteten i markedet blir betydelig lavere de neste årene – vi snakker om en nedgang på i overkant av 30 prosent, sier kommunikasjonsdirektør Lars Ole Bjørnsrud. Av de 3.100 som jobber i TechnipFMC i Norge vil opp til 700 nå miste jobben, opplyser selskapet. […]

Source: E24

Published: May 4, 2020