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Prime Minister Jonas Gahr Støre – New Year Speech 2022
Category: Business News
Excerpt from Prime Minister Jonas Gahr Støre’s New Year speech: I am deeply impressed by how all of you, the people of Norway, have coped with the pandemic despite all these challenges. We have fought COVID-19 by standing together, and by following the recommendations and rules, including those that have been most intrusive on our […]
Source: Regjeringen
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Norway’s Oil Regulator Seeks Value Creation Through Better Use of Data
Category: Business News
OSLO – The Norwegian Petroleum Directorate (NPD) has taken an initiative to discuss with the industry which steps can be taken to increase value creation through better use of data. The initiative is being taken in an effort to improve the NPD’s role as data manager. “Having the right data available at the right time […]
Source: World Oil
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Norway Wealth Fund CEO Sees Market Weakness, Inflation Threat
Category: Business News
(Bloomberg) — The head of Norway’s $1.4 trillion wealth fund said he expects a lengthy period of weakness in financial markets and warned that inflation could be the most significant challenge ahead. Nicolai Tangen, chief executive officer of Norges Bank Investment Management, told Germany’s Frankfurter Allgemeine Zeitung that after achieving an average rate of return […]
Source: Bloomberg
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ESG Ratings Scores ‘Very Rarely’ Help, Norway Wealth Fund Says
Category: Business News
(Bloomberg) The biggest owner of stocks in the world tends not to look at the headline numbers provided by ESG ratings firms, and says only by digging into the underlying data does it find the information needed to guide portfolio decisions. “We very rarely, if ever, use the ratings numbers,” said Patrick du Plessis, the […]
Source: Bloomberg
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Hydro to Produce First Near-Zero Carbon Aluminium in 2022
Category: Business News
In launching its new sustainability ambitions, Hydro has announced its intention to deliver its first commercial volumes of near-zero carbon aluminium in 2022. Hydro is also continuing its technology efforts toward an industrial scale pilot producing carbon-free aluminium by 2030. Read full article.
Source: Hydro
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