Tag Archives: Norway

Norway is trying to make its dirtiest industry as clean as possible. The multi-billion-dollar plan will do little to reduce the nation’s overall climate impact. The Nordic country will use land-based green hydropower to electrify dozens of offshore oil and gas platforms. That will help meet national climate targets, and …

Norway’s Equinor ASA has decided to stay in the American Petroleum Institute (API) after the major U.S. oil lobby group changed its stance on climate policy. However, Equinor has quit the Australian Petroleum Production and Exploration Association (APPEA) as the firm has wound down operations in Australia after giving up …

The liquefied natural gas tanker Vladimir Rusanov on April 6 left the Russian Arctic port of Sabetta and set course for Equinor’s Melkøya plant in Norway. It is the first time that natural gas from the Yamal Peninsula is sold to Norway and that a Yamalmax tanker sails with a …

Wind power production increased sharply in 2020 due to more wind than usual and more completed wind farms. In total, Norway produced 9.9 terawatt-hours (TWh) in 2020. That is 4.4 terawatt-hours more than in 2019, according to figures from the Norwegian Water Resources and Energy Directorate. A total of 15 …

Industrial gases firm Linde will supply liquid green hydrogen and related infrastructure to the world’s first hydrogen-powered ferry, a vessel by operator Norled that will transport both cars and passengers in Norway. The liquid hydrogen for the MF Hydra ferry will come from a new 24MW proton exchange membrane (PEM) …

Norway’s oil fund, the world’s largest sovereign wealth fund, bought shares in four Turkish energy companies with investments totaling around $140 million up to the end of 2020, according to official figures from Norway’s Norges Bank Investment Management. The giant fund made its biggest energy investment in Eregli Iron and …

Last week, the US Energy Information Administration said it expected Brent crude oil prices to average $56 per barrel in the first quarter and $52 over the rest of the year. US West Texas Intermediate futures surged by 2.5 percent Monday, higher than $60 per barrel for the first time …

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 …

Norway’s risk management and quality assurance firm DNV GL has refused to certify Russia’s Nord Stream 2 gas pipeline when its construction is completed over new U.S. sanctions. According to the current situation, DNV GL cannot issue a certificate upon completion of the pipeline construction, the Russian news agency RBC …

Norway’s Minister of Petroleum and Energy, Tina Bru, has announced an investment of $13.73 million in a new windpower research centre. The NorthWind research centre will work on innovations to make wind power cheaper, more efficient, and more sustainable. One of the centre’s main priorities will be offshore wind research. …