Tag: Norway

• Friday, March 27th 2020 - 08:21 UTC

  Norway's sovereign fund has lost US$ 124 billion because of the pandemic markets collapse

  

  Norway's sovereign wealth fund, the world's largest, has lost 1.33 trillion Norwegian crowns (US$124 billion) so far this year as stock markets have plunged due to the coronavirus pandemic, it said on Thursday.

• Wednesday, February 26th 2020 - 09:22 UTC

  “Doomsday vault” in Norway adds seeds from India, Mali, Peru and Cherokee Indians

  

  The sealed vault in the Arctic built to preserve seeds for rice, wheat and other food staples contains one million varieties with the addition on Tuesday of specimens grown by Cherokee Indians and the estate of Britain's Prince Charles.

• Monday, December 9th 2019 - 09:35 UTC

  Two adventurers cross the Arctic Ocean despite the thinning ice

  

  Two adventurers have successfully crossed the Arctic Ocean on skis after persevering through brutal conditions, briefly running out of food, and struggling to traverse thin ice caused by global warming, their team said on Sunday.

• Saturday, November 30th 2019 - 08:35 UTC

  Norway sponsors a “mine free” world by 2025 with support from the Mine Ban Treaty signatories

  

  The 164 signatory countries to the Mine Ban Treaty (MBT) agreed on Friday to accelerate the work to achieve the goal of a “mine-free” world in 2025, Norway's foreign ministry said.

• Wednesday, October 23rd 2019 - 08:58 UTC

  Major pre-salt oilfields auction could raise some US$ 50 billion for Brazil

  

  An auction next month of oilfields in Brazil may be the priciest ever held, raising at least US$ 50 billion in licensing fees and compensation. Exxon Mobil Corp., Royal Dutch Shell Plc and other energy giants are set to vie for deep-sea deposits that could hold 15 billion barrels of oil, almost twice as much as Norway’s reserves.

• Saturday, September 14th 2019 - 20:17 UTC

  Low profile talks between Venezuelan government and opposition continue sponsored by the Boston Group

  

  A group of Venezuelan government officials and opposition activists are quietly holding talks focused on the economy despite the stalling of a formal dialogue mediated by Norway, according to nine sources involved.

• Wednesday, August 28th 2019 - 10:04 UTC

  Norwegian investment funds warn global agricultural companies linked to Amazon deforestation

  

  The two most sizeable investors in Norway have told global companies to make sure they are not contributing to environmental destruction in the Amazon rainforest of Brazil.

• Friday, August 23rd 2019 - 09:40 UTC

  Norway's Equinor and YPF team up to explore Argentina offshore block

  

  Norway Equinor’s executive vice president for Exploration, Tim Dodson, and YPF's CEO Daniel Gonzalez have signed an agreement to jointly explore the CAN 100 offshore block, located in the North Argentine Basin.

• Wednesday, August 21st 2019 - 09:50 UTC

  Deforestation: Brazil Amazon states want to deal directly with Norway and Germany

  

  Brazilian states containing the country’s Amazon rainforest said they want to negotiate directly with European nations who fund projects to curb deforestation after changes proposed by the federal government led Norway and Germany to suspend donations.

• Friday, August 16th 2019 - 07:26 UTC

  Norway suspends funding to curb Amazon deforestation in Brazil

  

  Norway has suspended funding that was supporting measures to curb deforestation in Brazil after the country blocked the operations of a fund receiving the aid, the Norwegian ministry of climate and environment said on Thursday.