Norway's US$ 1 trillion sovereign wealth fund is expected to sell some of its oil and gas holdings. The world's largest sovereign wealth fund owns US$ 37bn of shares in oil companies such as BP, Shell and France's Total.
Norway will pay Brazil US$ 70 million for reducing deforestation in the Amazon in 2017 but is concerned over a more recent surge in the destruction of the world's largest tropical rainforest, according to a Norwegian government statement.
A Norwegian resistance fighter who thwarted Nazi Germany's nuclear weaponry project died Monday at the age of 99.
Mauricio Macri, president of Argentina, Erna Solberg, Prime Minister of Norway and Hamdi Ulukaya, founder, chairman and CEO of Chobani and founder of the Tent Partnership for Refugees, will be honored by the Atlantic Council with the Global Citizen Awards, during a ceremony on the evening of September 24 in New York, NY. All three distinguished honorees have confirmed attendance and will speak at the event.
Norway's Equinor will invest up to US$ 15 billion in Brazil over the next 12 years to develop oil, gas and renewable energy sources, the company said. Coinciding with an expected drop in output from many aging oilfields off the cost of Norway, Brazil is expected to become a core region for Equinor as the firm takes advantage of the country’s opening in recent years to more foreign investment.
Norwegian energy group Norsk Hydro, accused of causing environmental damage in northern Brazil, on Monday apologized for the unauthorized discharge of untreated water into a local river from its aluminum factory Alunorte, the largest in the world.
Fish farming is big business - the industry now produces about 100 million tons a year, and with salmon prices soaring, producers are turning to lasers, automation and artificial intelligence to boost production and cut costs. How do you know if farmed salmon have had enough to eat?
President Michel Temer of Brazil is to meet his Russian counterpart Vladimir Putin during his Moscow stop this coming week. Among the items to be discussed is the purchase of air defense missile systems. There will also be talks with Russian investors to discuss energy matters.
More than 300 wild reindeer were recently killed by lightning at a Norwegian national park, officials say. The Norwegian Environment Agency has released haunting images of reindeer—including 70 calves—that seemingly fell over where they stood in the grasses of Hardangervidda, the largest high mountain plateau in northern Europe.
Scotland, Canada, Chile and Norway will work together to promote and grow the aquaculture industry sustainably. The four countries are the world's main exporters of farmed salmon.