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Trump Trade Threats Turn Exxon, Chevron From Backers to Critics
Category: Energy
Big Oil is losing faith in President Donald Trump’s pledges to build the U.S. into a self-reliant energy superpower. Top executives from Exxon Mobil Corp., Chevron Corp. and Total SA all took shots at Trump’s trade plans at the World Gas Conference in Washington, expressing concern that U.S. tariffs are a risk to oil and […]
Source: Bloomberg
Published: April 25, 2024
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DNV GL Survey Sees Oil & Gas Professionals Preparing for Gas Overtake
Category: Energy
OSLO — Nearly two-thirds (64%) of oil and gas sector leaders expect to increase or sustain spending on gas projects in 2018, as the sector prepares for gas to overtake oil as the world’s primary energy source in the mid-2030s. Confidence in the case for gas is growing, according to a survey by DNV GL, […]
Source: World Oil
Published: April 25, 2024
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Trump says Norway Lacks ‘Credible’ Defense Spending Plan: Letter
Category: Defense / Security
Norway, which shares an Arctic border with Russia, lacks a “credible plan” how to meet NATO’s spending target, U.S. President Donald Trump said in a letter to the country’s prime minister, the Norwegian daily VG reported on Tuesday. Oil-rich Norway has committed to buy more than 50 F-35 fighter jets from Lockheed Martin as part […]
Source: Reuters & VG
Published: April 25, 2024
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Oil Explorers Get Best Results in Norway Since 2010 Bonanza
Category: Energy
Oil companies in Norway have more to rejoice about than just higher crude prices: they’re now boasting the best exploration results in almost a decade. If they keep that pace up, explorers could find close to 1 billion barrels of new oil and gas this year for the first time since the landmark discovery of […]
Source: Bloomberg
Published: April 25, 2024
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Snøhetta Collaborates with Ford on Detroit HQ
Category: Property / Real Estate
Ford has commissioned Snøhetta as the design leader to re-envision its Headquarters and Research Campus in Dearborn, Michigan, as well as its new urban campus in Detroit’s Corktown neighborhood. The new Corktown facilities will serve as an innovation hub for Ford’s vison for the future of transportation: leading a plan to reconceive urban mobility solutions including smart, connected vehicles, […]
Source: Snøhetta
Published: April 25, 2024
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