Norway’s oil and gas investment is expected to reach a record high in 2025, driven by new exploration activity and increased demand for Norwegian gas.

  • Norway’s oil and gas investment is expected to reach a record high in 2025, driven by new exploration activity and increased demand for Norwegian gas.
  • While Norway is a leader in renewable energy, it continues to invest heavily in oil and gas production, raising concerns about its climate commitments.
  • Norway aims to balance its oil and gas production with decarbonization efforts through electrification and investments in renewable energy projects both domestically and internationally.

Click for full story