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Norsk Olje & Gass’ Investeringsprognose: Vil Øke Mot 2020
Category: Energy
Norsk olje og gass’ ferske investeringsprognose viser at aktiviteten i olje og gass tar seg opp. Investeringsbunnen nås i 2018 og investeringene vil stige mot 2020. SE PRESENTASJONEN FRA FREMLEGGELSEN HER Økte investeringer skyldes en lang rekke nye prosjekt som nå blir startet. Det må gjøres nye funn for å unngå fall i investeringene fra 2021 […]
Source: Norsk Olje og Gass
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Arctic Oil Rush Abates in Norway After Exploration Letdown
Category: Energy
Oil exploration in Norway’s Arctic seems to have lost some of its appeal after a disappointing drilling campaign. Only 11 companies applied for exploration licenses in the latest round — the nation’s 24th — which focused heavily on the Barents Sea, the Petroleum and Energy Ministry said in a statement on its website on Tuesday. That’s down […]
Source: Bloomberg
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MIT Study Suggests US Oil Output Forecasts Vastly Overstated
Category: Education / Research
Turns out, America’s decade-long shale boom might just end up being a little too good to be true. There’s no denying that fracking has turned the U.S. into a force in the global oil and gas markets, which has more than a few people abuzz about the prospect of energy independence. But now, researchers at MIT have […]
Source: Bloomberg
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Statoil Greenlights Key $6 Billion Norway Arctic Oil Project
Category: Energy
Statoil ASA gave the final go-ahead to a flagship Arctic oil project after slashing costs by half. While expected, the move by Norway’s biggest oil company is a boost to a region seen as key to arresting a decline in the country’s production. In a striking illustration of how oil companies have adapted to lower prices, […]
Source: Bloomberg
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Exxon Mobil CEO makes first big changes to refining
Category: Energy
Exxon Mobil Corp Chief Executive Darren Woods is reorganizing the company’s refining operations, part of a push to boost profits amid volatile oil and natural gas prices, the company said on Monday. The changes at the world’s largest publicly traded oil producer are the most sweeping to date by Woods, who became chief executive in […]
Source: Reuters
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