Statoil invests in one of the world's largest oil discoveries

Statoil, in a consortium with ExxonMobil and another oil player, has placed the highest bid on one of the world's largest oil discoveries in Brazil. The company is strengthening its strategy in a core area, says Statoil CEO.

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Nordic shipowners see multiple problems with speed limit

Danish Shipping and the Norwegian Shipowners' Association think that there are many potential pitfalls in implementing a speed limit for vessels in order to reduce their greenhouse gas emissions. The discussion of a speed limit was instigated by the new ECSA chairman.

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