Friday 25 April 2014
 
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Norway

Shell drops big Norway gas project

Royal Dutch Shell has dropped one of Norway's biggest and most innovative industrial projects due to rising costs and complexity, dealing a blow to a technology that some hope could revolutionise offshore production. Shell yes

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Subsidies hurt Mena energy performace: Report

Despite being top energy exporters, countries in the Mena region fare poorly in a new energy performance index due to the high fuel subsidies and the dominance of fossil fuels in the energy mix. Norway tops The Global Energy Architectur

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Nissan Leaf tops Norway October car sales

Nissan’s second generation Leaf, a 100 per cent electric vehicle, has claimed the number one spot in Norway’s passenger car sales chart in October. In October, the zero emission family car, out sold all of its internal

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Drydocks, DNV discuss GenNext shipping

A high-level delegation from Dubai Drydocks World and Maritime World met officials of Norway-based DNV Group, a global provider of services for managing risk, at the company headquarters and discussed key proposals with them. The

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Norway firm wins BP's $86m LWI contract

Norway-based Island Offshore, a leading name in global Light Well Intervention (LWI) activities, has been awarded a major contract extension worth NOK 0.5 billion ($86.5 million) with BP Exploration Operating Company. The two-year

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Norway eyes oil drilling around Arctic islands

Norway took a major step towards opening up an environmentally sensitive Arctic area to oil and gas exploration when the ruling Labour Party gave the go-ahead on Sunday for an impact study. Exploration in the waters around the Lof

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Jotun to phase out lead chromates in paint

Jotun has announced plans to phase out lead chromates, a toxic chemical compound from all paint and coatings formulations worldwide, in line with its environmental initiative Jotun GreenSteps. The company is scheduled to phase out

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Cross-border investors drive Europe property market

European commercial real estate investment turnover reached 44.8 billion euros ($58.3 billion) in the fourth quarter (Q4) of 2012, an increase of 53 per cent on Q3 2012 and 25 per cent on Q4 2011, according to real estate services firm CBRE.

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Biofuels not so green?

Green schemes to fight climate change by producing more bio-fuels could actually worsen a little-known type of air pollution and cause almost 1,400 premature deaths a year in Europe by 2020, a study showed on Sunday. The report sa

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'Peak farmland' is here, crop area to diminish

The amount of land needed to grow crops worldwide is at a peak, and a geographical area more than twice the size of France will be able to return to its natural state by 2060 as a result of rising yields and slower population growth, a group of

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