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Norways Plans to Raise Carbon Tax Draw Oil Industry Ire

2021-01-11 15:12:51| OGI

The cost of emissions will be raised to 2,000 Norwegian crowns ($237) per tonne by 2030 from 590 crowns for most industries at present, Environment Minister Sveinung Rotevatn said.

Tags: industry plans tax oil

 

Norway's DNV GL Suspends Nord Stream 2 Work Over US Sanctions Fear

2020-11-26 16:35:12| OGI

Norway's risk management and quality assurance firm DNV GL has suspended work on the Nord Stream 2 gas pipeline project led by Russia's Gazprom for fear of being sanctioned by the United States, it said on Nov. 26.

Tags: us work fear nord

 
 

Norways Sverdrup Oil Field Boosting Output

2020-10-30 14:16:27| OGI

Norways Johan Sverdrup oilfield, the largest in western Europe, is ramping up production in the fourth quarter after the government increased its production permit, Lundin Energy, a partner in the field, said on Oct. 30.

Tags: field oil output boosting

 

Regulator Says Norways Oil, Gas Exploration Drops

2020-10-27 14:05:01| OGI

Oil firms are expected to drill just 30 exploration wells off the coast of Norway this year, the Norwegian Petroleum Directorate (NPD) said Oct. 27.

Tags: gas oil exploration drops

 

Pandemic Pushes Up Cost of Norways Oil, Gas Projects

2020-10-07 14:54:41| OGI

The costs of ongoing projects rose by 13.2 billion Norwegian crowns ($1.4 billion) from a year ago on an inflation-adjusted basis, government documents showed.

Tags: cost projects gas oil

 

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