Energy  Saving the Norwegian oil wealth for future generations 11/07/2006 :: Norway pumps three million barrels of oil from the North Sea daily, and is the world's third largest oil exporter. However, the oil will run out and to ensure the wellbeing of future generations, the Norwegian state governs a pension fund based on current oil revenues with strict ethical guidelines. + More |
Petroleum Petroleum Norway is Europe’s second largest producer of oil and the fourth largest producer of natural gas. In 1996, Norway was ranked as the third largest exporter of crude oil in the world. All petroleum production takes place offshore in the ... + More |
History Energy - History The power of the Norwegian waterfalls has been utilized to turn millwheels from as far back as the early Middle Ages. The advent of electrification towards the end of the 1800s made it possible to harness the abundance of waterways to ... + More |
Energy Resources Energy resources The ratio of natural energy resources per capita is very high in Norway, with hydropower representing the most important resource. The country’s topography and hydrological status results in concentrated rainfall in the western areas ... + More |
Electricity Electricity Norway is the sixth largest producer of hydropower in the world. The Norwegian hydropower sector has been designed to accommodate variation in the natural supply of water to the power stations and to match production to seasonal changes in ... + More |
|
|