StatoilHydro says natural gas is the fuel of the future
"Natural gas is an attractive energy source for the future," said Rune Bjørnson, StatoilHydro's executive vice president for natural gas during a press seminar in Oslo on Thursday, 24 September. Read more |
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StatoilHydro's Helge Lund participates at UN Summit
CEO Helge Lund took part in a preliminary meeting at the UN headquarters in New York on 22 September, in connection with preparations for the international climate summit in Copenhagen. Read more
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– Need high price on CO2
"Raising the cost of CO2 can speed up development of technologies that reduce carbon emissions," StatoilHydro CEO Helge Lund said at the fourth Zero Emission Conference in Oslo on Monday, 28 September. Read more |
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Global energy solutions require new technology
Meeting the world’s growing energy needs while managing the risks of climate change will require the development of all viable sources of energy and policies that support business investment and technology development, Rex Tillerson, chairman and CEO of Exxon Mobil Corporation, says. Read more |
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Energy competition for students
StatoilHydro launches a competition on Facebook, giving students the opportunity to find creative solutions to the growing energy needs while taking into consideration climate challenges. Read more |
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ODIM wins workover system order
ODIM has been awarded a NOK 147 million contract by Talisman Energy Norge to develop and build a workover rig for the Yme field in the North Sea, with delivery in June 2011. Read more |
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Aibel AS awarded contract by StatoilHydro
StatoilHydro has awarded Aibel AS the study contract for conceptual development of the Troll A 3rd & 4th compressor trains. The compressor solutions, including future power supply, shall allow for future development of the Troll field. Read more |
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| ICT news: |
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Online advertising 'overtakes TV'
Online advertising spending in the UK has overtaken television expenditure for the first time, a report has said. Read more |
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Vodafone enters UK iPhone market
Vodafone has reached an agreement to sell Apple's popular iPhone in the UK. The announcement follows news that network operator Orange had secured a similar agreement with Apple. Read more |
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| Finance, market and government news: |
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Subsea 7 issues pricing of $275 million convertible bond
Subsea 7 Inc issues the pricing of its private placement of $275 million convertible bond due 2014 (the “Bonds”). The size of the issue was upsized from US$200 million due to exceptionally strong investor demand. Read more |
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Jotun profits remain satisfactory
“As Jotun operates in some late-cyclical markets, we are preparing for a number of the group’s areas to have a poorer development in the years ahead,” says Morten Fon, President and CEO. Read more
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New President of Parliament named
The Labour Party's Dag Terje Andersen leaves the post of Labour Minister to become the new President of the Norwegian Parliament (Storting), replacing Thorbjoern Jagland who was chosen the new leader of the European Council. Read more |
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Jagland: I believe in Europe
"I believe in Europe! Europe is the most important peace project in history," Thorbjoern Jagland said in his speech of thanks, after he had been elected Secretary General of the Council of Europe by the organisation’s Parliamentary Assembly on Tuesday. Read more |
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Labour appoints new Parlamentarian Leader
The Minister of Fisheries and Coastal Affairs, Helga Pedersen, leaves the Cabinet to become Labour's new Pariamentarian leader for the party's 64 members of the Storting, following the election. Read more |
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EU Budget 2008 – Stable funding in unstable times
In a year marked by exceptional economic turbulence, the 2008 EU budget continued to provide stable funding without increasing the financial burden on Member States. The 2008 financial report presented by the Commission shows how a record 40% of the 2008 budget's €116.5 billion was invested in measures linked directly to jobs, growth and competitiveness. Read more |
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Commission adopts legislative proposals to strengthen financial supervision in Europe
The aim of these enhanced cooperative arrangements is to sustainably reinforce financial stability throughout the EU; to ensure that the same basic technical rules are applied and enforced consistently; to identify risks in the system at an early stage; and to be able to act together far more effectively in emergency situations and in resolving disagreements among supervisors. Read more |
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EU mulls crisis exit strategy, delays its start
The EU yesterday laid down a plan for a coordinated exit strategy from expansionary stimulus packages that have propped up Europe’s failing economies, but did not agree a date for its implementation. Read more |
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EU Job Days 2009 – job seekers and employers all over Europe seize the opportunity to meet
The European Job Days are taking place around the EU over the next fortnight, with a centrepiece event in Brussels on 3 October. This year emphasis is being placed on matching skills to the needs of the labour market (New skills for new jobs), particularly for young people. Read more |
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Reinforcing the social dimension of the growth and jobs strategy – new report
The EU's strategy for growth and jobs must pay more attention to social cohesion goals in the future. The report from the Social Protection Committee – which brings together experts from each EU country – finds that social protection systems have helped shield Europeans from the worst effects of the financial crisis. Read more |
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EU, US eye green goods tax pact in climate fight
The European Union and the United States are holding talks on forging a pact with OECD countries and China to eliminate duties on green goods, as part of a deal with Beijing in view of a global climate agreement to be reached in Copenhagen by the end of the year. Read more |
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EU mulls carbon tax to curb global warming
The European Commission is considering imposing an EU-wide tax on CO2 emissions on sectors such as transport and agriculture, which are currently not covered by the bloc's cap-and-trade scheme for carbon dioxide. Read more |
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| Various Norwegian-British news: |
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NORWAY IN LONDON
Organisations of interest to people living in and visiting London: Den Norske Klub, the Norwegian Church, Norwegian YMCA, the Norwegian School and NBCC. Read more |
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Thousands visit 100% Norway
Now in its sixth year, the annual 100% Norway exhibition once again returned to the London Design Festival on a successful mission to show the best of the country’s furniture and interior products to an international audience. Read more |
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Unemployment remains stable
The Norwegian unemployment rate remained stable in September, with 69,900 persons registered without work at the National Labour Office (NAV), or 2.7 per cent of the total work force. Read more |
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Norwegians score for ManU Reserves
Norwegian youngsters Magnus Eikrem and Joshua King scored two goals each when the Manchester Unted Reserves beat reigning champions Sunderland 4-0 on Thursday evening. Read more |
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Easier to get work for EEA citizens
Citizens from countries in the European Economic Area (EEA) will from October 1st no longer need a residence permit to take a job in Norway. All they need to do is to register with the police. Read more |
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Bergen’s link with Newcastle is re-established
UK regional airline, Eastern Airways, is restoring links between Bergen and Newcastle and also introducing services to Aberdeen when it launches its first flights from the city this Monday. Read more |
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| External events: |
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Long live the Kings!
‘Declaration of Dependence’, Kings of Convenience’s third studio album, will be released in the UK October 19th after three concerts in Bexhill, London and Coventry. Read more |
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Thomas Dybdahl returns to UK
One of Norway’s most talented and popular singer songwriters, Thomas Dybdahl, will this autumn tour the UK with his new self-titled album. Read more |
