Norway’s oil firms hike 2022 investment plans

Despite investing in clean energy, Norway also argues it should continue producing fossil fuels as long as there is global demand.

By Nerijus Adomaitis, Reuters February 17, 2022
553

OSLO — Norway’s oil and gas firms plan to invest almost $18 billion this year, more than originally expected, as they take advantage of pandemic-era tax incentives, a national statistics office (SSB) survey showed on Thursday.

Access to content from the Arctic Knowledge Archives is available to subscribers only.

Please sign in to continue, or choose your subscription for unlimited access.

All memberships are considered donations to support this non-profit effort. Institutions and groups should contact us directly for pricing.

Already a subscriber? Log in

Membership

You may select only one level from this group.

Individual Annual

$150.00

Year

Individual Monthly

$15.00

Month

GROUPS & INSTITUTIONS

Contact for
Pricing