Petoro sends more than USD 6bn into Norway's Petroleum Fund
In the first half of the year, Norway's state-owned oil and gas company Petoro sent more than USD 6bn into the Norwegian Petroleum Fund, nearly surpassing the whole of 2020. This is due to increased prices and rising demand, says the CEO.
by dag holmstad, shippingwatch
Despite the green transition, oil and gas remain as important as ever for Norway, shows the half-year results from Petoro, which manages the Norwegian state's holdings in a number of oil and gas fields.
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