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Deep-sea mining in the Arctic Ocean gets the green light from Norwegian lawmakers
Category: Business News
Norway’s minority center-left government and two large opposition parties made a deal Tuesday to open the Arctic Ocean to seabed mineral exploration despite warnings by environmental groups that it would threaten the biodiversity of the vulnerable ecosystems in the area. Norway said in June it wanted to open parts of the Norwegian continental shelf for […]
Source: AP News
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Norway to provide NOK 270 million to new climate fund
Category: Business News
Norwegian Prime Minister Jonas Gahr Støre announced at the UN climate summit (COP28) in Dubai that Norway will provide NOK 270 million to the new fund for loss and damage associated with climate change (Loss and Damage Fund). The decision to establish the fund was agreed on at COP27 in Sharm el-Sheikh last year. Over […]
Source: Regjeringen
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The National Budget 2024
Category: Business News
A budget to safeguard Norwegian households The budget for 2024 provides security and opportunity for people and businesses throughout Norway. There are expenditure increases in several areas due to war in Europe, a record number of refugees and higher prices. The Government’s priorities are good public services and support for the most vulnerable, along with […]
Source: Regjeringen.no
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Minister Huitfeldt’s lecture at Luther College, Iowa
Category: Business News
Thank you, Dr. Johnson, for your welcoming words,
I am very pleased to be here at Luther College. A college founded by Norwegians more than 160 years ago. Its first president was Peter Laurentius Larsen – Laur Larsen. He was born in the town of Kristiansand on the southern coast of Norway in 1833. When Larsen grew up, Norway was among the poorest countries in Europe.
Source: Norwegian Ministry of Foreign Affairs
Published: May 2, 2026
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$12 trillion to be spent on renewables and grid infrastructure in the U.S and Canada by 2050 – Report
Category: Business News
DNV publishes Energy Transition Outlook North America. The report covers the energy future of the U.S. and Canada through to 2050 Policies are triggering massive investment into new technologies, accelerating the energy transition in North America Domestic fossil fuel demand declines 60%, mainly in transport and power sectors, but export remains stable while domestic energy […]
Source: DNV.com
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