Oil and Gas News from OilGasDaily.Com
OIL AND GAS
Norway awards 62 new oil, gas licences, angering NGOs
Norway awards 62 new oil, gas licences, angering NGOs
by AFP Staff Writers
Oslo (AFP) Jan 16, 2024

Norway, Europe's biggest supplier of natural gas, announced Tuesday that it had awarded 62 new oil and gas exploration licences, angering environmental groups.

The batch, divided between the North Sea (29), the Norwegian Sea (25) and the Barents Sea (8), is the largest awarded by the Scandinavian country in four years in so-called "mature" areas -- meaning areas where there is already widespread production.

For instance, in 2022 only 47 licences were granted, according to authorities.

"This is important for both employment and value creation, as well as for facilitating Norway's role as a stable energy supplier to Europe," Minister of Energy Terje Aasland said in a statement.

Norway supplanted Russia as Europe's main provider of natural gas following the outbreak of the war in Ukraine in 2022.

The announcement sparked the ire of environmental groups.

"At the climate summit in Dubai in December, the countries of the world agreed to transition away from coal, oil and gas," Truls Gulowsen, leader of Friends of the Earth Norway, said in statement.

"But Norway is doing exactly the opposite... If oil companies make discoveries in these areas, it could contribute to emissions for many decades to come," he continued.

The Norwegian branch of the WWF called it "completely backwards" that the government dragged the country "deeper into oil dependency."

The licences were awarded to 24 companies, including Norwegian giants Equinor and Aker BP, as well as international players like TotalEnergies and Shell.

On the same day, Norway's energy ministry gave the go-ahead for the development of the Eirin gas field in the North Sea, a project run jointly by Equinor and Kuwait's KUFPEC.

Since 2021, the International Energy Agency (IEA) has urged countries to halt new oil exploration projects in order to limit global warming to 1.5 degrees celsius above pre-industrial levels.

phy/ef/jll/rl

BP

TotalEnergies

Equinor

Related Links
All About Oil and Gas News at OilGasDaily.com

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
OIL AND GAS
MIT researchers outline a path for scaling clean hydrogen production
Boston MA (SPX) Jan 16, 2024
Hydrogen is an integral component for the manufacture of steel, fertilizer, and a number of chemicals. Producing hydrogen using renewable electricity offers a way to clean up these and many other hard-to-decarbonize industries. But supporting the nascent clean hydrogen industry while ensuring it grows into a true force for decarbonization is complicated, in large part because of the challenges of sourcing clean electricity. To assist regulators and to clarify disagreements in the field, MIT resear ... read more

OIL AND GAS
Researchers create light-powered yeast, providing insights into evolution, biofuels, cellular aging

Nigerians look to biofuel as cost of cooking gas soars

Chinese company gives leftover hotpot oil second life as jet fuel

Cheap and efficient ethanol catalyst from laser-melted nanoparticles

OIL AND GAS
A blueprint for affordable solar cells to power Saudi Arabia and beyond

Bulky additives could make cheaper solar cells last longer

NASA OTPS Study Sheds Light on Space-Based Solar Power Prospects for 2050

How black silicon, a prized material used in solar cells, gets its dark, rough edge

OIL AND GAS
Danish firm to build huge wind farm off UK

UK unveils massive news windfarm investment by UAE, German firms

Wind and solar projects can profit from bitcoin mining

Winds of change? Bid to revive England's onshore sector

OIL AND GAS
Uranium Energy Corp to Resume Uranium Production in Wyoming's Powder River Basin

UK unveils plans for 'biggest nuclear power expansion in 70 years'

Jeumont Electric joins forces with Framatome and Naval Group

Three-metre tsunami recorded at Japan nuclear plant after quake

OIL AND GAS
New UN climate chief wants more action on greenhouse gas

Spain arrests climate activists over museum protests

UK's top government climate change adviser steps down

Warming world nears critical 1.5C limit in 2023: monitor

OIL AND GAS
Hertz to shrink EV rental fleet over sluggish US demand

Honda unveils futuristic EV designs to hit US market in 2026

Uber, Kia sign electric vehicle partnership

China's Evergrande says head of EV arm detained

OIL AND GAS
Iraq recalls Iran envoy in rebuke to ally over deadly strikes

Iran backs Iraqi call to end presence of US-led force

IS raid in Iraq kills two pro-Iran fighters

Iraq PM says determined to end presence of US-led coalition

OIL AND GAS
NKorea fires 'unidentified ballistic missile'; Small quake near NKorea nuclear test site

North Korea's Kim would not hesitate in 'annihilating' South: KCNA

Eerily quiet on South Korea's frontline border island

Kim's powerful sister denies N. Korea fired rounds near border

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.