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Oljeministeren besøkte skifer-konkurrentene i Texas
Category: Energy
Skiferoljen har klart å holde seg konkurransedyktig på langt lavere priser enn mange andre oljeprodusenter håpet på. Etter besøket sitt i Texas opplever samtidig Norges olje- og energiminister at interessen for offshore er økende. – Det har vært veldig hektiske dager, men også en veldig nyttig tur. Jeg har rukket å ha mange møter med […]
Source: E24
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Norway’s $1 Trillion Wealth Fund Reveals Thinking on Oil Risk
Category: Energy
The man running the world’s biggest wealth fund said snapping up oil stocks now could pay off down the line. It’s just not a good idea for Norway. The $1 trillion fund, built from Norway’s own production of petroleum, shockedmarkets in November when it announced a proposal to dump oil and gas stocks. The rationale was that given […]
Source: Bloomberg
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Stanford launches new energy research program in collaboration with industry
Category: Accounting / Financial
Stanford University is launching a new research program to accelerate the transformation of the world’s energy infrastructure to make it more sustainable, affordable and secure – and to extend modern energy services to developing economies. The Stanford Strategic Energy Alliance will match industry alliance members and Stanford professors who share common research objectives across the […]
Source: Stanford
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Statoil started drilling at new field
Category: Energy
In the early hours of Sunday 25 February drilling started at Oseberg Vestflanken 2. On the Capital Markets Day on 7 February the project could boast break-even reduction from USD 34 to USD 16 per barrel. The investment budget for Oseberg Vestflanken 2 has been reduced from NOK 8 billion to NOK 6.5 billion. Recoverable […]
Source: Statoil.com
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There’s More to Big Oil Than Oil, Total Tells $1 Trillion Fund
Category: Energy
Norway’s $1 trillion sovereign wealth fund wants to sell out of oil and gas stocks, arguing that would reduce overall risk to the country since petroleum is already the top export. But that’s a miscalculation, according to the chief executive officer at Total SA, one of the world’s biggest energy companies and the Norwegian fund’s fifth-biggest […]
Source: Bloomberg
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