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Racing for Hydrogen: How Gas Giants Are Vying to Stay Relevant

Category: Business News

(Bloomberg) — The global gas industry is in an existential race: either find a way to be part of the next generation of energy or risk getting supplanted by alternatives. BP Plc, Sinopec, Equinor ASA and Royal Dutch Shell Plc are among the producers looking to hydrogen to help secure demand that otherwise may falter […]

Source: Bloomberg


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Equinor and Exxon to develop $8 bln Brazilian oilfield

Category: Business News

Equinor (EQNR.OL), ExxonMobil (XOM.N) and Petrogal Brasil said on Tuesday they would proceed with an $8 billion development of Brazil’s Bacalhau oil discovery. First oil from the field, which will be operated by Norway’s Equinor, is expected in 2024, with output set to reach 220,000 barrels per day, the companies said in a joint statement. “Estimated recoverable reserves […]

Source: Reuters


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Norway Advises Its Citizens to Refrain From Travelling Abroad at Least Until July 1

Business

Category: Airline / Travel

Norway’s government has decided to re-extended its travel advice against international travel for its citizens, until July 1, after evaluating that many countries worldwide continue to be highly affected by the spread of the Coronavirus. Even though the government’s gradual reopening plan is underway, the country’s health authorities recommend avoiding international travel until a larger […]

Source: Schengen Visa Info


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Oil Firms in Norway Raise Spending Forecasts

Category: Business News

Oil and gas firms in Norway have increased their 2021 and 2022 investment forecasts during the last three months as more projects are being developed, a national statistics office (SSB) survey showed on Wednesday. The biggest business sector in Norway now expects to invest 181.9 billion Norwegian crowns ($21.95 billion) this year, up from a […]

Source: Offshore Engineer


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Norway Tops The Digital Nomad Visa Charts. Several Other European Nationals Highly Rated

Business

Category: Airline / Travel

While the whole world went into remote working through the Covid-19 pandemic, several countries around the world announced new “digital nomad visas” to cater for the lost tourism revenue. Instead of having short term visitors come for a week, why not entice them to come enjoy the country for a few months or more? This […]

Source: Forbes


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