Norway awards oil, gas drilling permits, plans Arctic push
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 14 2025
0mins
Source: Reuters
Norway's Offshore Licenses: Norway awarded 53 offshore oil and gas exploration licenses to 20 companies in its annual licensing round, a decrease from the previous year, while emphasizing the need for increased exploration to maintain stable production.
Environmental Protests: The announcement faced significant opposition from environmental groups, including protests led by Greta Thunberg, highlighting concerns over climate change and the moral responsibility to reduce fossil fuel dependency.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








