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EU’s $750 billion energy deal with U.S. will be hard to attain, experts say

Category: Business News

(Bloomberg) – The European Union’s promise to buy $750 billion of American energy imports over three years was pivotal to securing a trade deal with President Donald Trump, but it’s a pledge it will struggle to keep. The deal would require annual purchases of $250 billion of natural gas, oil and nuclear technology, including small […]

Source: World Oil


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Megabill takes a bite out of US climate progress

Category: Business News

The megabill President Trump signed into law this month is expected to make a major dent in the U.S.’s climate progress, adding significantly more planet-warming emissions to the atmosphere. Models of the legislation that have emerged in recent weeks show U.S. emissions will rise as a result of its implementation. One model from climate think tank C2ES found U.S. emissions will […]

Source: The Hill


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To combat climate change, Norway wants to be Europe’s carbon dump

Category: Business News

Europe’s top oil producer has backed a project aiming to capture carbon dioxide from European factories and bury it beneath the North Sea. A company backed by fossil fuel giants and the Norwegian government has built the world’s first carbon shipping port here, with the aim of creating a dumping ground for Europe’s planet-warming pollution. […]

Source: The Washington Post


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USA tilbyr Norge helikoptre for 26 milliarder

Category: Business News

Norge får som første land lov til å kjøpe Sikorsky-helikoptre av typen HH-60W. – Jeg tror at det er et godt valg for relativt raskt å få et helikopter til spesialstyrkene som vil ha vesentlig bedre egenskaper enn det helikopteret som er i bruk i dag, sier Lars Peder Haga, førsteamanuensis ved Luftkrigsskolen, til Teknisk […]

Source: Forsvarets Forum


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Developing the largest oil producer on the Norwegian continental shelf

Category: Business News

Equinor and its partners are investing NOK 13 billion in the third phase of Johan Sverdrup, one of the world’s most carbon-efficient oil fields. New subsea infrastructure will increase recovery by 40–50 million barrels of oil equivalent (boe). “By building on the technologies, solutions, and infrastructure from phases 1 and 2 of Johan Sverdrup, we […]

Source: Equinor


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