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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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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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