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Norway Faces Pressure to Curb Power Exports as Prices Surge
Category: Business News
(Bloomberg) — The Norwegian government is facing increasing calls to curb electricity exports to the continent as power prices jump at home. The uncertainty over coal and gas supplies from Russia has sent power prices soaring across Europe, which is making the cheap Norwegian hydro electricity even more attractive. Exports outside the Nordic market are […]
Source: Bloomberg
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Graft: US chairman of Norwegian player a ‘suspect’ in ongoing probe, as DoJ begins separate inquiry
Category: Business News
Another top executive at Oslo-listed PetroNor E&P has been caught up in a graft investigation being carried out by the Norwegian authorities, while the US Department of Justice has now also started it own probe. In December 2021, chief executive Knut Sovold and another unnamed individual were detained by Okokrim, Norway’s National Authority for the […]
Source: UpStream
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AAP Aviation acquires Pilot Flight Academy
Category: Airline / Travel
AAP Aviation is to become the biggest owner of the Pilot Flight Academy (PFA) in Sandefjord after a group of industrial and financial players have now joined forces to continue one of Europe’s largest and most modern flight schools. In addition to AAP Aviation, Widerøe is taking a 10 per cent stake in the academy. […]
Source: AAP Aviation
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Drilling operations start on Cambozola exploration well in Norway
Category: Business News
Longboat Energy, an emerging full-cycle North Sea E&P company, announced the commencement of drilling operations on the Cambozola exploration well (Company 25%) in Norway. Cambozola is the primary prospect located in the PL1049/PL1049B/PL1049C licenses in the Northern North Sea, in an area with significant existing infrastructure and just c. 30 km (18.6 mi) northwest of […]
Source: WorldOil
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Senate confirms Jackson as first Black woman on Supreme Court
Category: Business News
The Senate voted Thursday to confirm Judge Ketanji Brown Jackson to the Supreme Court, felling one of the most significant remaining racial barriers in American government and sending the first Democratic nominee to the high court in 12 years. Jackson, a daughter of schoolteachers who has risen steadily through America’s elite legal ranks, will become […]
Source: The Washington Post
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