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Jonas Gahr - 1 Jonas Gahr Støre - 1 Støre - 1
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☆ Norway hits pause on controversial deep-sea mining plans
  + stars: | 2024-12-02 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com   time to read: +1 min
Norway's Prime Minister Jonas Gahr Store gives a speech during the Autumn 2024 conference of Equinor, a Norwegian multinational energy company, in Oslo, Norway on November 26, 2024. Norway has shelved plans to open a vast ocean area at the bottom of the Arctic for commercial-scale deep-sea mining. Norwegian Prime Minister Jonas Gahr Støre described the move as a "postponement," Reuters reported Sunday, citing comments delivered to private broadcaster TV2. Støre leads Norway's center-left Labor Party, which is the senior party in a minority government coalition with the Center Party. The practice of deep-sea mining involves using heavy machinery to remove minerals and metals — such as cobalt, nickel, copper and manganese — from the seabed, where they build up as potato-sized nodules.
Persons: Jonas Gahr, Jonas Gahr Støre, Støre Organizations: Norway's, Socialist Left Party, Reuters, TV2, Labor Party, Center Party Locations: Norwegian, Oslo, Norway, Norway's, Germany, Britain, Canada, Mexico
☆ Norway to postpone oil and gas licensing round
  + stars: | 2022-11-29 | by ( Nora Buli Nerijus Adomaitis | Nora Buli | Nerijus Adomaitis | ) www.reuters.com   time to read: +3 min
[1/2] Offshore oil and gas platform supply vessels (PSVs) are docked at a pier in Stavanger, Norway, August 10, 2021. The decision to postpone the so-called 26th licensing round was part of the minority government's budget deal with the opposition Socialist Left Party (SV), Terje Aasland said in an interview. The deal extends an agreement the minority cabinet and SV made last year, when the government won elections, which delayed the 26th licensing round by a year. Aasland said there was "no drama" in the decision as authorities still issue licences to oil companies in a parallel licensing around called the APA round, in so-called mature areas that are already open to oil companies. The 26th licensing round grants the right to oil companies to explore and produce oil and gas in areas not explored previously.
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