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Stavanger Roundtable: Energy Market Regulation & Innovation – New York & Stavanger in Transition
Category: AmCham Norway
“The big danger in incentivizing [renewable] energy market development is that government money can become the market.” So stated New York state’s visiting “energy czar” during an illuminating recent roundtable discussion with senior Stavanger-region leaders. Prior to his role as Chairman of Energy & Finance for New York, Richard Kauffman worked in energy and finance […]
Source: Amcham
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Statoil ASA, Norway’s biggest petroleum company, will change its name to Equinor
Category: Energy
Statoil ASA, Norway’s biggest petroleum company, will change its name to Equinor as it seeks to broaden its energy reach beyond oil and gas production. “The world is changing, and so is Statoil,” said Chairman Jon Erik Reinhardsen in a statement. “The biggest transition our modern-day energy systems have ever seen is underway, and we […]
Source: Bloomberg
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Oil and Gas Leaders Warn Trump He Risks Harming Their Industry
Category: Energy
President Donald Trump disagreed with executives of major oil and gas companies Thursday about the importance of keeping binding dispute settlement procedures in a renegotiated North American Free Trade Agreement, according to a person familiar with the discussion. Trump told roughly a dozen of the oil and gas industry leaders at a White House meeting that he […]
Source: Bloomberg
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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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