News Norway Debt: Factbox-How much crude oil does the EU still import from Russia?
On Wednesday, Poland said it had detected a leak in one pipeline in the Druzhba system that carries oil from Russia to Europe, an event that will add to concerns about Europe's energy security after the Nord Stream gas pipeline leak. The UK has already stopped importing Russian crude following Moscow's invasion of Ukraine, and the EU will ban imports from December in an attempt to strip the Kremlin of revenue to fund the war.
News Norway Debt: Norway's police flag a threat to a huge gas plant, rattling energy market with Europe on high alert for sabotage
Norway's police say they have resolved an incident at one of the country's largest natural gas plants. Telephone threats were made to the Nyhamna plant, the local mayor told Reuters. Natural gas ...
News Norway Debt: Pandemic of debt distress
IF ONE looks closely at trends in public and private debt over the past several months, one thing becomes clear: we are in a debt distress pandemic of truly global proportions. The overhang of ...
News Norway Debt: Telenor Divests 30% Of Norway Fiber Company for $1B
Telenor ASA (OTC: TELNF) (OTC: TELNY) agreed to divest a minority stake in its Norway fiber assets to a consortium led by KKR & Co Inc (NYSE: KKR) and Oslo Pensjonsforsikring for 10.8 billion kroner ($1 billion). The deal is part of a strategy by Norway’s biggest telecommunications company to highlight the value of its infrastructure and free up capital to lay down more fiber in the country, Bloomberg reports. The price represents an enterprise...
News Norway Debt: Liz Truss after long term gas provision deals with Norway and Qatar
The new government of Liz Truss is focusing in long-term gas deals with Norway, Qatar and other countries, as energy supply has become the priority of the United Kingdom and ensuring heating and lights this winter.
News Norway Debt: Norwegian Cruise Line CFO: ‘We have the ability’ to pay off debt
Norwegian Cruise Line (NCLH) CFO Mark Kempa doesn't see the cruise operator taking any drastic action to pay down the debt accrued during the COVID-19 pandemic. "As we look forward over the course ...
News Norway Debt: Equinor (EQNR) Announces Oil Discovery in Offshore Norway
Equinor ASA EQNR announced a significant oil discovery at the Fram and Troll fields off Norway’s coast. The discoveries were made in exploration wells 35/10-7 S and 35/10-7 A in the Toppand prospect.
News Norway Debt: China and Greenland: Debunking the ‘Debt Trap’ Scenario
Postulating a Chinese debt-trap scenario for Greenland runs counter to existing evidence, including Greenland’s trade interests, Denmark’s ongoing policies, and the growing role of the US.
News Norway Debt: Race to pick Norway’s next central bank chief branded a ‘farce’
Jens Stoltenberg, secretary general of NATO and a former premier himself, is vying for the prize. So is deputy governor Ida Wolden Bache.
