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World Oil: Google, Chevron execs say industry must keep up with data transformation, other tech trends
Category: Business News
At the Norwegian Energy Day on Tuesday, March 19, hosted by the Norwegian Consulate General and several corporate sponsors, speakers from Google and Chevron told the audience that the oil and gas industry needs to do more, and do it faster, to adapt to the digital transformation and other related trends. “The oil and gas […]
Source: World Oil
Published: July 16, 2024
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Bloomberg: Oil Divestment List for Norway’s $1 Trillion Fund Isn’t Final
Category: Business News
Figuring out exactly which oil companies Norway is targeting for divestment wasn’t easy last week when the government made its historic announcement. It turns out no one knows precisely yet. After revealing it would allow its $1 trillion wealth fund to sell out of $7.5 billion in upstream oil and gas companies, the government disseminated […]
Source: Bloomberg
Published: March 1, 2019
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New York Times: Norway Moves to Sell Some Oil and Gas Shares From Wealth Fund
Category: Business News
LONDON — The Norwegian government has recommended that the country’s $1 trillion wealth fund sell its holdings in a group of companies that focus on finding and producing oil and gas. The decision, the result of a two-year review of the giant fund’s investments in fossil fuels, is a compromise that stops short of divestment […]
Source: New York Times
Published: March 11, 2019
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World Oil: Equinor reports “profitable” oil discovery from the Visund A platform
Category: Business News
STAVANGER — Equinor has, together with partners Petoro, ConocoPhillips and Repsol, made an oil discovery from the Visund A platform in the Telesto exploration well in the North Sea. The resources are estimated at 12-28 MMbbl of recoverable oil. “We are pleased to have made a new discovery on Equinor-operated acreage on the Norwegian continental […]
Source: World Oil
Published: March 4, 2019
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World Oil: DNV GL extends the capability of failure investigations with new Houston facility
Category: Business News
HOUSTON — DNV GL has opened a failure analysis facility in Houston, Texas which will provide failure analyses that support the industry in conducting effective and efficient root cause analyses. The aim is to prevent and learn from failures and continue to improve safety, reliability and up-time. The facility will carry out the crucial initial […]
Source: World Oil
Published: July 16, 2024
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