NEWS

Bloomberg: Oil Riches Put Norway on Divergent Path Toward Higher Rates

Category: Accounting / Financial

Norway’s oil riches are allowing the country to avoid the slow growth, slow inflation trap that’s gripping much of the developed world. Its central bank on Thursday raised its key interest rate for a second time since September and signaled there’s more to come. After delivering a rate increase to 1 percent, Norges Bank Governor […]

Source: Bloomberg

Published: January 10, 2025

World Oil: Google, Chevron execs say industry must keep up with data transformation, other tech trends

Category: Business News

At the Norwegian Energy Day on Tuesday, March 19, hosted by the Norwegian Consulate General and several corporate sponsors, speakers from Google and Chevron told the audience that the oil and gas industry needs to do more, and do it faster, to adapt to the digital transformation and other related trends. “The oil and gas […]

Source: World Oil

Published: January 10, 2025

Digital Journal: 24SevenOffice US is Partnering With the City University of New York on Education of Future CPAs

Category: Business News

The world’s most comprehensive ERP system, 24Sevenoffice, has just signed an agreement with The City University of New York (CUNY), Medgar Evers College — The School of Business, on education of future CPAs. 24Sevenoffice will be responsible for the academic curriculum for the practical accounting system training. Thousands of students will use the cloud-based accounting […]

Source: Digital Journal

Bloomberg: A Ship Full of Teslas Is Hotly Awaited in Oslo

Category: Automobile / Transport

Tesla Inc. is set to make one of the largest deliveries yet of its new Model 3 car to Norway, one of the electric-vehicle producer’s biggest markets. The Glovis Courage is due at the Port of Oslo on Thursday, loaded with about 1,800 Teslas, according to an email sent by the port to businesses located near […]

Source: Bloomberg

Bloomberg: Oil Divestment List for Norway’s $1 Trillion Fund Isn’t Final

Category: Business News

Figuring out exactly which oil companies Norway is targeting for divestment wasn’t easy last week when the government made its historic announcement. It turns out no one knows precisely yet. After revealing it would allow its $1 trillion wealth fund to sell out of $7.5 billion in upstream oil and gas companies, the government disseminated […]

Source: Bloomberg

Published: March 1, 2019