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Energy Department Expands Commitment to Collaboration with Norway on Water Power Research and Development

Category: Business News

WASHINGTON—The U.S. Department of Energy (DOE) today extended a commitment to collaboration in water power research and development with Norway’s Royal Ministry of Energy. The extension of this previously established Memorandum of Understanding (MOU), which facilitates planning and coordination activities between the two countries, will further the Trump Administration’s efforts to reduce energy costs, strengthen grid reliability […]

Source: U.S. Department of Energy


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Norway prepares first major oil, gas licensing round in years

Category: Business News

OSLO, Aug 8 (Reuters) – Norway’s energy minister said on Friday he is preparing to launch a new oil and gas licensing round on the Norwegian continental shelf, the first offer of new drilling permits in unexplored frontier regions since 2021.   “Norway will be a long-term supplier of oil and gas to Europe, while […]

Source: Reuters


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Strategi for norsk industriell involvering i anskaffelse av nye fregatter

Category: Business News

Norsk forsvarsindustri spiller en sentral rolle i å styrke nasjonal forsvarsevne, sikkerhet og beredskap. Denne strategien legger derfor til grunn at frgattanskaffelsen ikke bare skal sikre et rettidig, moderne og kapabelt fregattsystem, men også bidra til å utvikle og opprettholde en bærekraftig og konkurransedyktig nasjonal forsvarsindustribase. Forsidebilde til strategi for norsk industriell involvering i anskaffelse […]

Source: Regjeringen


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Executive Order: Further Modifying the Reciprocal Tariff Rates

Category: Business News

By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), the National Emergencies Act (50 U.S.C. 1601 et seq.), section 604 of the Trade Act of 1974, as amended (19 U.S.C. 2483), and […]

Source: The White House


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Baker Hughes acquires Chart Industries for $13.6 billion

Category: Business News

Baker Hughes announced today a definitive agreement to acquire Chart Industries in a deal valued at a total of $13.6 billion. Notably, the acquisition will strengthen Baker Hughes’ presence in the LNG and data center sectors. Chart is a global leader in the design, engineering and manufacturing of process technologies and equipment for gas and […]

Source: World Oil


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