NEWS

Norway’s conservative opposition wins local elections with nearly 26% of the votes

Category: Business News

COPENHAGEN, Denmark (AP) — Norway’s center-right opposition party has won local elections in the Scandinavian country, putting the conservatives of former Prime Minister Erna Solberg ahead of the governing social democratic Labor Party locally for the first time since 1924. According to preliminary official figures released Tuesday with all votes counted, the conservative Hoeyre party […]

Source: AP News

B-2 Spirit Conducts Historic Hot Pit Refueling in Norway

Category: Business News

Orland, Norway — A B-2 Spirit bomber from Whiteman Air Force Base, Mo., conducted a historic hot pit refueling at Orland Air Base, Norway on Aug. 29, 2023. The occasion marked the first time that the B-2 has landed in Norway, signaling the shared commitment between the U.S. and Norway to deter threats and strengthen […]

Source: U.S. Air Forces in Europe & Air Forces in Africa

Equinor acquires stake in Bayou Bend CCS Project

Category: Business News

Equinor has acquired a 25 percent interest in Bayou Bend CCS LLC, positioned to be one of the largest US carbon capture and storage projects located along the Gulf Coast in Southeast Texas. “Commercial CCS solutions are critical for hard-to-abate industries to meet their climate ambitions while maintaining their activity. Entering Bayou Bend strengthens our […]

Source: Equinor

Published: March 16, 2025

Norway fund wants more women on boards, concerned about excessive CEO pay

Category: Business News

Norway’s $1.4 trillion wealth fund, the world’s single largest stock market investor, is to step up pressure on the companies it invests in to have more women board members and to also reduce excessive executive pay, a top fund official said. The fund is one of a growing number investors and policymakers pushing to put more women […]

Source: Reuters

Published: March 16, 2025

IRA spurs renewable buildout, but Biden climate goals remain elusive

Category: Business News

A year after its adoption, the Inflation Reduction Act has bolstered the adoption of carbon-free power, but the country does not yet appear to be on track to meet President Biden’s climate goals. The IRA provided significant tax credits for low-carbon and carbon-free energy sources including wind, solar, nuclear, carbon capture technology and biofuels, as well as for […]

Source: The Hill

Published: March 16, 2025