Norway is one of the world’s largest energy exporters. oil makes new investments to ensure continuity in production. The Norwegian government announced today that it has allocated $18.5 billion worth of resources to oil fields.
Giants such as Aker BP, OMV and Wintershall Dea stood out among the companies that received official approval for the field expansion.
Norwegian Energy Minister Terje Aasland emphasized the positive impact of new investments at the press conference he held. According to Minister Aasland, producers who renew their fields will make a high employment contribution to the society. New technologies used in expanding fields are expected to maintain stability in oil production.
The Importance of Norway for the European Union!
The Northern European country, which derives its major source of income from oil, has recently faced environmental pressures. Leading civil society movements are reacting to the oil-driven economy due to carbon emissions from fossil fuels.
If the Norwegian government “They ensure Europe’s energy security” He defends himself against environmentalists with his argument. The problems that the Western world has with energy producers such as Russia and Iran negatively affect bilateral trade. Although the European Union has announced sanctions packages one after another after the invasion of Ukraine, the countries in the region are dependent on Russia for energy.
Brent oil is currently holding at $72 support.
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.