NEWS

Energy

Expanding Into Renewable Energy, Statoil CEO Saetre Says

Business

Category: Energy

Statoil CEO Eldar Saetre discusses the production of oil and gas, and talks about expanding into renewable energy. He speaks on “Bloomberg Markets.” (Source: Bloomberg) See the video HERE

Source: Bloomberg


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Statoil begins offshore mobilization for Norway’s Johan Sverdrup

Business

Category: Energy

Up to 2,400 men and women have started to mobilize for the hook-up and completion of Johan Sverdrup field in the North Sea. Photo: Anette Westgård – Woldcam / Statoil. Approximately 150 people, plus crew from the flotel-operator ProSafe, set sail aboard the floating accommodation vessel Safe Zephyrus from Mekjarvik outside Stavanger, bound for the North Sea. […]

Source: World Oil


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Stavanger Roundtable: Energy Market Regulation & Innovation – New York & Stavanger in Transition

AmCham

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

Business

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

Business

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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