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Ministry Of Petroleum And Energy
The Royal Norwegian Ministry of Energy () is a Norwegian ministry responsible for energy, including petroleum and natural gas production in the North Sea. It is led by Minister of Energy Terje Aasland of the Labour Party since 2022. The department must report to the legislature, the Storting. History The ministry was originally established in 1978, where petroleum and energy affairs were transferred from the Ministry of Industry. It was merged into the Ministry of Industry as to become Ministry of Industry and Energy in 1993. In 1997, petroleum and energy affairs was once again transferred to the current ministry. It was renamed again in 2024 as Ministry of Energy. Organisation Political staff As of June 2023, the political staff of the ministry is as follows: * Minister Terje Aasland ( Labour Party) * State Secretary Andreas Bjelland Eriksen (Labour Party) * State Secretary Astrid Bergmål (Labour Party) * State Secretary Elisabeth Sæther (Labour Party) * Political Ad ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Industry (Norway)
The Royal Norwegian Ministry of Trade and Industry () was a Norway, Norwegian Ministry (government department), ministry responsible for business, trade and industry. It was first created in 1916, as the Ministry of Trade (Ministry of Foreign Affairs, Trade, Shipping and Industry). It took its final name in 1997. The department must report to the legislature, Storting. On 1 January 2014, the ministry was dissolved and the minister portfolio was incorporated into the new Ministry of Trade, Industry and Fisheries. History Responsibilities for trade and industry was originally established in the Ministry of Foreign Affairs, Trade, Shipping and Industry in 1903. It was not until 1916 where a separate ministry was formed, as the previous ministry was focused on social affairs. After this, the ministry underwent several name changes as a result of transfers of responsibilities. * 1 January 1903–1 December 1905: Ministry of Trade (Ministry of Foreign Affairs, Trade, Shipping and In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gassnova
Gassnova SF is the Norwegian state enterprise for carbon capture and storage Carbon capture and storage (CCS) is a process by which carbon dioxide (CO2) from industrial installations is separated before it is released into the atmosphere, then transported to a long-term storage location.IPCC, 2021Annex VII: Glossary at .... Gassnova facilitates the development of technology and solutions to ensure cost-efficient and progressive solutions for capturing and storing . State enterprise Gassnova was established by the Norwegian authorities in 2005{{Cite web , title=Developing Longship - Key lessons learned , url=https://ccsnorway.com/publication/developing-longship-key-lessons-learned/ , access-date=2024-11-14 , website=Fullskala , language=en to further the development of technologies and knowledge related to carbon capture and storage (CCS) and, in addition to this, serve as the government's adviser on this issue. Gassnova is tasked with administrating the research and financin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petroleum Politics
Petroleum politics have been an increasingly important aspect of diplomacy since the rise of the petroleum industry in the Middle East in the early 20th century. As competition continues for a vital resource, the strategic calculations of major and minor countries alike place prominent emphasis on the pumping, refining, transport, sale and use of petroleum products. Quota agreements The Achnacarry Agreement or "As-Is Agreement" was an early attempt to restrict petroleum production, signed in Scotland on 17 September 1928. The discovery of the East Texas Oil Field in the 1930s led to a boom in production that caused prices to fall, leading the Railroad Commission of Texas to control production. The Commission retained ''de facto'' control of the market until the rise of OPEC in the 1970s. The Anglo-American Petroleum Agreement of 1944 tried to extend these restrictions internationally but was opposed by the industry in the United States and so Franklin Roosevelt withdrew from ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petroleum Industry In Norway
Norway is a large energy producer, and one of the world's largest exporters of oil. Most of the electricity in the country is produced by hydroelectricity. Norway is one of the leading countries in the electrification of its transport sector, with the largest fleet of electric vehicles per capita in the world (see plug-in electric vehicles in Norway and electric car use by country). Since the discovery of North Sea oil in Norwegian waters during the late 1960s, exports of oil and gas have become very important elements of the economy of Norway. With North Sea oil production having peaked, disagreements over exploration for oil in the Barents Sea, the prospect of exploration in the Arctic, as well as growing international concern over global warming, energy in Norway is currently receiving close attention. Statistics Energy plan In January 2008 the Norwegian government declared a goal of being carbon neutral by 2030, through the purchase of carbon offsets from other countrie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petroleum In Norway
Petroleum, also known as crude oil or simply oil, is a naturally occurring, yellowish-black liquid chemical mixture found in geological formations, consisting mainly of hydrocarbons. The term ''petroleum'' refers both to naturally occurring unprocessed crude oil, as well as to petroleum products that consist of refined crude oil. Petroleum is a fossil fuel formed over millions of years from anaerobic decay of organic materials from buried prehistoric organisms, particularly planktons and algae, and 70% of the world's oil deposits were formed during the Mesozoic. Conventional reserves of petroleum are primarily recovered by drilling, which is done after a study of the relevant structural geology, analysis of the sedimentary basin, and characterization of the petroleum reservoir. There are also unconventional reserves such as oil sands and oil shale which are recovered by other means such as fracking. Once extracted, oil is refined and separated, most easily by distillation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy In Norway
Norway is a large energy producer, and one of the world's largest exporters of oil. Most of the electricity in the country is produced by hydroelectricity. Norway is one of the leading countries in the electrification of its transport sector, with the largest fleet of electric vehicles per capita in the world (see plug-in electric vehicles in Norway and electric car use by country). Since the discovery of North Sea oil in Norwegian waters during the late 1960s, exports of oil and gas have become very important elements of the economy of Norway. With North Sea oil production having peaked, disagreements over exploration for oil in the Barents Sea, the prospect of exploration in the Arctic, as well as growing international concern over global warming, energy in Norway is currently receiving close attention. Statistics Energy plan In January 2008 the Norwegian government declared a goal of being carbon neutral by 2030, through the purchase of carbon offsets from other countri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Ministries
Energy () is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, the internal energy contained within a thermodynamic system, and rest energy associated with an object's rest mass. These are not mutually exclusive. All living organisms constantly take in and release energy. The Earth's climate and ecosystems processes are driven ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Ministries Of Norway
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The main types of modern political systems recognized are democracies, totalitarian regimes, and, sitting between these two, authoritarian regimes with a variety of hybrid regimes. Modern classification systems also include monarchies as a standalone entity or as a hybrid system of the main three. Historically prevalent forms ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Petroleum And Energy
The Royal Norwegian Ministry of Energy () is a Norwegian ministry responsible for energy, including petroleum and natural gas production in the North Sea. It is led by Minister of Energy Terje Aasland of the Labour Party since 2022. The department must report to the legislature, the Storting. History The ministry was originally established in 1978, where petroleum and energy affairs were transferred from the Ministry of Industry. It was merged into the Ministry of Industry as to become Ministry of Industry and Energy in 1993. In 1997, petroleum and energy affairs was once again transferred to the current ministry. It was renamed again in 2024 as Ministry of Energy. Organisation Political staff As of June 2023, the political staff of the ministry is as follows: * Minister Terje Aasland ( Labour Party) * State Secretary Andreas Bjelland Eriksen (Labour Party) * State Secretary Astrid Bergmål (Labour Party) * State Secretary Elisabeth Sæther (Labour Party) * Political Ad ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Equinor
Equinor ASA (formerly Statoil and StatoilHydro) is a Norwegian multinational energy company headquartered in Stavanger, Norway. It is primarily a petroleum company, petroleum company operating in 36 countries with additional investments in renewable energy. In the 2020 Forbes Global 2000, Equinor was ranked as the 169th-largest public company in the world. In 2023, the company was ranked 52nd in the same list. the company has 21,126 employees. The current company was formed by the 2007 merger of History of Statoil (1972–2007), Statoil with the Hydro Oil & Gas, oil and gas division of Norsk Hydro. As of 2017, the Government of Norway is the largest shareholder with 67% of the Share (finance), shares, while the rest is public stock. The ownership interest is managed by the Ministry of Petroleum and Energy (Norway), Norwegian Ministry of Petroleum and Energy. The company is headquartered and led from Stavanger, while most of their international operations are currently led from F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allmennaksjeselskap
is the Norway, Norwegian term for a stock-based company. It is usually abbreviated AS, historically often written as A/S. An AS is always a limited company, i.e. the owners cannot be held Legal liability, liable for any debt beyond the stock capital. Public company, Public companies are called (ASA), while companies without limited liability are called (ANS). All AS companies must have a stock capital of at least Norwegian krone, NOK 30,000. In addition, they must have a board of directors, depending on the size of turnover, balance sheet total or number of employees, an auditor. They may appoint a chief executive officer, managing director (MD) or chief executive (CEO). If the company has assets exceeding NOK 3 million, the board must have at least three members and cannot be chairman, chaired by the MD/CEO. Practically all Norwegian companies have a fiscal year from January to December, but some foreign subsidiary, subsidiaries may have a different fiscal year, as is allow ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petoro
Petoro is a company that is wholly owned by the Government of Norway. Established in 2001, it manages the Government's portfolio—collectively called State's Direct Financial Interest (SDFI)—of exploration and production licenses for petroleum and natural gas Natural gas (also fossil gas, methane gas, and gas) is a naturally occurring compound of gaseous hydrocarbons, primarily methane (95%), small amounts of higher alkanes, and traces of carbon dioxide and nitrogen, hydrogen sulfide and helium ... on the Norwegian continental shelf. The company also has a control function surveying Equinor's production on behalf of the Government. Petoro is not an operator of any fields and does not directly own the licenses. In 2021, Petoro was ranked no. 33 out of 120 oil, gas, and mining companies involved in resource extraction north of the Arctic Circle in the Arctic Environmental Responsibility Index (AERI).Overland, I., Bourmistrov, A., Dale, B., Irlbacher‐Fox, S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
