Norway currently has 90 oil and gas-producing fields, but – within a few years – it could rise to more than 130. While the world is struggling to adapt to a changing climate, the Norwegian petroleum industry is booming. Diderik Lund, an economics professor at the University of Oslo, told …
Read More »US Forces Norwegian Firm to Abandon Nord Stream 2
A Norwegian firm that was meant to have provided technical and safety certificates for Russia’s gas pipeline to Germany has abandoned the project due to US sanctions. “DNV GL will cease all verification activities for the Nord Stream 2 pipeline system in line with sanctions and while sanctions are in …
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