Swedish oil company Lundin Petroleum looked set for a booming year but wound up disappointing. The company's just-released annual report fell somewhat flat.
The year got off to a solid start, as Lundin began production in late 2015 at the company's first Norwegian oil field – Edvard Grieg – and everything was poised to go well for the rest of the year at Lundin.
More from EnergyWatch
Now signed by the US president and thus fully formalized, the watered-down version of Biden’s climate campaign bill – full of compromises to get conservative Democrats on aboard and thus attracting critique from many observers – nonetheless contains the nation’s most sweeping legislation supporting the green transition to date, thereby on account of sheer size reviving some hope of averting the worst outcome for global climate.