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Driven by Oil & Gas, Norway Wealth Fund Approachs $2 Trillion

Dec 06, 2024

The value of Norway's sovereign wealth fund, the world's largest, rose to a record 20 trillion crowns ($1.8 trillion) on Friday, doubling its value in just five years as oil and gas revenue flowed in and stock markets rose.Built since 1996 as rainy-day savings, the fund owns about 1.5% of all listed stocks globally and has grown to almost four times the size of Norway's annual gross domestic product…

The Five Trends Driving Offshore Oil & Gas in 2025

Dec 23, 2024

[1] Flat Outlook for Global Spend … but … Aadvantaged Projects Attract CapitalWith concerns of a softening oil market, we expect global upstream investment to remain flat or even fall – indeed, the reported 2025 budgets to date show a 3-4% drop…

Current News

SLB Names Raman CSO, CMO

SLB Names Raman CSO, CMO

Eco Wave Finds Partner for Wave Energy Project in India

Eco Wave Finds Partner for Wave Energy Project in India

Six New Gas Wells in Line for BP’s Shah Deniz Field in Caspian Sea

Six New Gas Wells in Line for BP’s Shah Deniz Field in Caspian Sea

ONGC and BP Sign Deal to Boost Production at India's Largest Offshore Oil Field

ONGC and BP Sign Deal to Boost Production at India's Largest Offshore Oil Field

SOV/CSOV Shipbuilding Market: Strong Growth, Volatility in Coming 5 Years

SOV/CSOV Shipbuilding Market: Strong Growth, Volatility in Coming 5 Years

ADNOC Secures LNG Supply Deal with India's BPCL

ADNOC Secures LNG Supply Deal with India's BPCL

India Set to Launch Oil and Gas Licensing Later This Week

India Set to Launch Oil and Gas Licensing Later This Week

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Brazil resumes imports of energy from Venezuela after six-year hiatus
Sources say that Taiwan's CPC Corp. offers March jet fuel as a rare offer.
US EPA gives West Virginia authority over carbon capture
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