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BEHIND THE NEWS
PETROLEUM CHANNEL (BTNP) - BACK ISSUES
2004
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P260 Thursday, 30 December, 2004
Hydro's Wars
  • Hydro: DN Falsifies WWII History
  • Earlier Fund Story May Indicate Honourable Cold War History
P259 Thursday, 30 December, 2004
No Wolf?
  • NPD Expects Doubling of Exploration Activity
  • MPE Minister Expects NOK 25 Bn of New Investment
  • Per Terje Vold: Slower Investment Decline
  • Hydro Increases Long-Term Oil Price Expectations
  • Kon-Kraft Was Right, But Now it is Less Urgent
  • Time for Dialogue to Align MoF's New Growth Theory With Tax Theory
P258 Sunday, 12 December
Slow
  • Three Firm Wells in APA04
  • More Companies & and Licenses
  • 17 Wells Committed, 12 Drilled in North Sea/APA Licenses Since 1999
  • Discovery in One of the 12 Drilled
  • Still Zero Wells From 2002-03 Mature Rounds
P257 Tuesday, 30 November, 2004
Coming Along
  • Modernized Growth Theory Inconsistent With MoF Petroleum Tax Theory
  • MoF: Petroleum Industry Source of Knowledge for Others
  • Petroleum Sector More Than 10% of GNP Excluding Resource Rent
  • Earlier Resource Rent Definition Caused Enforced Savings on State's Hand
  • MoF Coming Along, But Still Inconsistencies
P256 Thursday, 25 November, 2004
Access to Assets
  • Are Larger Companies Holding Back Inactive Assets?
  • Can Transport Capacity be Coordinated for Multiple Small Projects?
  • New Kon-Kraft Project?
P255 Thursday, 11 November, 2004
Why?
  • Why is BP Selling?
  • Proof That High-Value Companies Do Not Expand Easily
  • SEC Problem Could be Additional But Marginal Reason
P254 Wednesday, 10 November, 2004
Coveted Worm
  • Petoro May Use Right of First Refusal for Ormen
  • Bids Possible From Ormen Partners, Centrica, Ruhrgas, GdF, RWE
P253 Monday, 8 November, 2004
Deafening Silence
  • Cap-and-Trade for Gas Power
  • CO2 Tax for Offshore Facilities
  • Deafening Silence About Post-2008
  • Labour Must Act in Committee
P252 Thursday, 30 September, 2004
Rebuilding Confidence
  • MPE Accelerates 19th Round
  • Area Fees Might Increase
  • New Rules for Common Use of Infrastructure
  • A Vision in Need of Completion
P251 Thursday, 30 September, 2004
A Da Sounding Like A Njet
  • Russian Government Approves Kyoto
  • Advantage for Norwegian Industry
P250 Thursday, 23 September, 2004
At last
  • Naturkraft Goes Ahead at Kårstø, Drops Kollsnes
  • Statoil Leaves Naturkraft to Focus On Its Own Projects
  • Likely to Pass Final Political Hurdles
  • Gas Power Needs Inclusion in Cap-and-Trade System As Protection
  • Greens Will Attempt to Stop Project in Parliament, then in the Field
  • Will Kårstø Help or Hamper Other Projects?
P249 Monday, 20 September, 2004
The Master Tactician
  • Centre Party Drops Resistance to Barents Sea
  • Gas Power Next?
  • "Paradigm Shift" Could Improve Political Climate
  • Socialist Left Still Split on Gas Power
P248 Thursday, 16 September, 2004
No Bathtub
  • Wiborg: Resources Could Significantly Exceed NPD Estimates
  • Requires Continued Cutting Edge Knowledge and Technology
  • Policies Can Create or Destroy Resources
P247 Friday, 3 September, 2004
Lund has Delivered
  • Lund Builds Leadership From Inside
P246 Wednesday, 1 September, 2004
Not Forever
  • Widvey: Tax is Not Forever
  • Prefers Hydro/Statoil as Two Companies
P245 Friday, 27 August, 2004
Hope and Apprehension
  • Lack of New Projects In ONS Air
  • Uncertainty Over Oil Price Effects
  • Supplier Apprehension In Front of Investment Trough
P244 Tuesday, 24 August, 2004
Who's Dishonest?
  • Widvey: Barents Activity To Increase
  • Foreign Ministry to Submit Report on Northern Challenges
  • Bellona: Widvey Playing a Dishonest Game
P243 Sunday, 15 August, 2004
Trouble From the Right
  • Rightwing "Think-Tank" Starts Boycott Action
  • Noreng: CSP Ultra-Conservative Propaganda Group
  • Targets Companies Investing in "Terrorist-Sponsoring States"
  • Immediate Targets are US Pension Funds
  • Total, ENI, Statoil, Lundin & Stolt Named Among "Dirty Dozen"
  • Clearly Tied Into Statoil Probe By US Department of Justice
  • CSP Part of Old Cold War & Religious Right Network
  • Not to Be Taken Lightly As Enemies
P242 Sunday, 15 August, 2004
A Friendly Advice
  • Widvey Closes Tax Debate For "Perhaps 10 Years"
  • Repeats Costs "Primarily Company Responsibility"
  • Challenges Licensees on Three Old Gas Power Permissions
  • New Assessment on Schedule for Sequestration
  • No Opinion on Hydro/Statoil Merger
P241 Wednesday, 14 July, 2004
Political Bureaucrats
  • SFT Wants Sem Policy As Formal Instruction
  • SFT Playing Purely Political Role on Climate Policy
  • Issue Aggravates Trouble for Red-Green Coalition
  • Bondevik Hints at Solution Based On Quota Trading
P240 Wednesday, 14 July, 2004
Bumped Playing Field
  • State Down to 77.1% in Statoil
  • Lehman Brothers Fined NOK 500.000
  • MPE Must Review Procedures
P239 Sunday, 4 July, 2004
Berge
  • Elisabeth Berge New MPE Secretary General
P238 Sunday, 4 July, 2004
New Political Gas Bomb
  • Statoil Submits Applications for Gas Power
  • No Political Decisions Until After 2005 Election
  • Which Government Will Have the Pleasure?
  • Red-Green Government Deadlocked In All Scenarios
  • Approval Likely in Case of Single-Party Labour or Conservative Government
  • Approval Possible Under Non-Socialist Majority if also Labour/Progress Majority
  • Openings Under Bondevik Also In Case of Switching Or Quota Trading
P237 Friday, 2 July, 2004
9+5
  • MPE Confirms Nine Firmly Committed Wells, Five Conditional
P236 Friday, 18 June, 2004
Great Team
  • Thorhild Widvey (Conservative) New MPE Minister
  • Oluf Ulseth (Conservative) New Deputy Minister
P235 Wednesday, 16 June, 2004
Red Tax Alliance
  • Government Alliance With Socialist Left Party on Tax
  • Labour, Centre Party Open for Production Allowance
  • Full Support for Kon-Kraft Proposals From Progress Party
  • Majority Wants More Incentives For Tail-End Production
  • Majority Says All Profitable Resources Must Be Produced
  • Asks Government to Speed Up Projects In Planning
  • Majority Opens For Sale/Swaps of Small SDFI Stakes
  • No Extra Billion for R&D Fund
  • Politicians Kill Their Own Cost Argument
  • Government To Come Back to Parliament if Targets Not Achieved
P234 Thursday, 10 June, 2004
Pudding's First 10%
  • 16 Licenses, 46 Blocks in 18th Round
  • Minister, Companies Very Satisfied
  • DNO, Marathon Not on List
  • 10-13 Wells Committed
  • NPD: 109 Prospects in Original Offer
  • Pudding is Served, Only 10% Eaten So Far
P233 Monday, 7 June, 2004
What Next?
  • Labour Reported to Agree With Government on Tax
  • Extra Billion For R&D Fund
  • New Barents Licenses in 2005
  • What Was Achieved, and What Went Wrong?
  • Why the Hostility to Oil Industry's Tax Effort?
  • Politicians Losing Feeling of Ownership
  • What Next?
P232 Sunday, 30 May, 2004
What About Profits?
  • Intsok: Offshore Industry Exports Could Grow to NOK 80 Bn
  • Requires Continued NCS Activity
  • Requires Also Extensive Government Programs
  • Will Meet Same Resistance as Tax Report
  • Necessary to Show High Company/Social Profit Potential
  • Cluster Needs Convincing Unified Vision
  • Kon-Kraft Capital Report Important Foundation for Renewed Strategy
P231 Monday, 24 May, 2004
A House More Divided
  • Anthem To Cluster's Knowledge From MPE
  • R&D Funding of NOK 1 Bn
  • Kon-Kraft Cost Analysis Confirmed
  • Cowardice on Labour Relations
  • Rest of "Activity Package" Unimpressive; the MPE has Done Its Job
P230 Thursday, 20 May, 2004
Repeat Performance
  • MoF Arguments Identical to NOU 2000:18
  • Takes Knowledge, Technology for Granted
  • Government Position Increases Political Risk
  • CO2 Tax Cut Defeated in Government
  • Industry to Continue Effort, to Parliament and Beyond
  • Success in Next Round Requires Establishing Theory Connecting Tax With Activity
P229 Sunday, 9 May, 2004
Obedient Congress
  • Unanimous Tax Decision at Conservative Congress
  • No Interference With Government's Proposal
  • May Open For Some Flexibility in Parliament
  • Calls For Continuous Consideration of Frame Conditions
  • Wants to Move Gas Power Concessions to New Projects
  • Says State Must Facilitate Onshore Natural Gas Distribution
P228 Thursday, 6 May, 2004
An Abyss
  • Finance Minister Turns Down Tax Proposal
  • Arguments Show Use of Same Old Theory
  • VG: Government Declares Full War Against Industry
  • Heavy Battle Expected at Conservative Congress
P227 Friday, 30 April, 2004
Very Courageous, Mr. Minister!
  • LO, NHO and Other Leaders Appeal to Prime Minister
  • Statoil Says Statfjord Upgrading & Satellites May Be Tax Dependent
  • Consequences of Choosing Wrong Tax Option Extremely Unbalanced
  • Trusting the MoF Means Distrusting the NPD
P226 Sunday, 25 April, 2004
Provocation
  • Government Plans Insignificant Tax Response
  • CO2 Tax; Uplift; Deficit Pay-Out
  • No Recognition of Industry's Knowledge/Technology Effort
  • Issue to be Raised at Conservative Party Congress
P225 Tuesday, 13 April, 2004
A House Divided
  • Government Applies Innovation Theory to Shipping
  • So Far it has Applied Neoclassic Theory on Petroleum
  • Can a Nation Live With a Split Reality Perception?
P224 Tuesday, 23 March, 2004
Last Before the Desert?
  • Historical Well Commitment Survey Released
  • 59 Blocks Applied For in 18th Round
  • "Last Gasoline Station Before the Desert"?
  • What Should Be 18th Round Success Criteria?
  • What May be Won or Lost From Late Tax Response?
P223 Tuesday, 23 March, 2004
Costs as Ransom
  • Kon-Kraft Cost Study Submitted
  • Main Patterns As Expected
  • No Foundation for Holding Costs Ransom for Tax Reform
P222 Tuesday, 16 March, 2004
Not the Eating
  • Minister Very Pleased With 18th Round Applications
  • Applications from 18 Qualified Companies
  • BP and ConocoPhillips Not on List
  • Volume and Commitments Still Unknown
  • It's a Pudding, But Not the Eating
P221 Tuesday, 9 March, 2004
Gullfaks CO2
  • Gullfaks CO2 Injection Deemed Much Too Expensive
  • Minister Will Consider State Contribution - Should He?
  • Socialist Left Party Demands Implementation
  • Did Anybody Consider What Made the Project an Option to Start With?
  • Why Does Statoil Use Only USD 14 as Its Reservation Price?
P220 Monday, 8 March, 2004
Swapping Human Capital
  • Helge Lund New Statoil CEO
  • Inge K Hansen From Statoil to Aker Kværner
  • A God's Gift For "Best Practise" Efforts
P219 Monday, 8 March, 2004
Invent, or Else!
  • Socialist Left Party (SV) Submits IOR Proposal
  • Considers IOR Mostly Equal to CO2 Injection
  • Other IOR Directly Negative, SV Says
  • Wants to Close Down the North Until South is Depleted
  • State Power to be Used to Demand IOR
  • Tax, R&D Incentives Limited to IOR With Focus on CO2 Injection
  • Northern Norway Comes Last, Just Like First Time
P218 Friday, 5 March, 2004
Paper, Stone and Scissors
  • Lindbæk Says he Initiated Merger Talks, but Never Made up His Mind
  • Merger Talks a Liability for Statoil
  • A Very Long Time Before New Merger Talks, Lindbæk Says
  • What are Proper Information Routines?
  • Should the Politicians Clarify Their Policies?
  • Should the State Contribute to an Optimal Solution?
P217 Monday, 1 March, 2004
Save the Small From Lower Tax!
  • Steensnæs Indicates No Special Tax Cut
  • Fears Lower Tax Will Frighten Small Companies
  • Weirdest Argument To Date
  • Implication is Materiality Should Be Destroyed
  • Does Government Consider Industry's Knowledge Absent, or Unworthy of Reward?
  • Will the Government Add Insult to Injury?
P216 Monday, 16 February, 2004
Best Practise
  • Suppliers, Operators Agree on Best Practise
  • What Will it Take to Make it Work?
  • Cluster Institution Required<
P215 Monday, 16 February, 2004
The Non-Merger
  • Statoil/Hydro Merger Talks Discontinued
  • Merged Company's Cultural Heritage Vital
  • Merger More Likely in Erosion Scenario
  • Easier to Solve Problems in Upside Scenario
P214 Sunday, 8 February, 2004
Four Options
  • Conservatives List Four Tax Options
  • Special Tax, Uplift, Ring Fence, Production Allowance
  • Says Industry's Knowledge Must Not Erode
P213 Monday, 19 January, 2004
Lower Tax Or Lower Standards?
  • Conservative Committee Submits Petroleum Tax Report
  • Proposes "Package" to Attract More Companies
  • Recommends Tax Incentives, But Uncertain About How
  • Package Contains Reducing Standards and Financial Solidity
P212 Friday, 30 January, 2004
APA 2004
  • MPE Announces APA 2004
  • Snøhvit Neighbourhood Included
  • Relinquished Acreage Automatically Included
  • Work Obligations Will Be Published
  • Acreage Cards Are On the Table; Rounds Will Now Test Tax System
P211 Friday, 30 January, 2004
Labour's Network
  • Dagsavisen Reveals Labour's Oil Network
  • Unknown to Many Prominent Party Colleagues
  • Not a Secret in Industry
P210 Monday, 26 January, 2004
Progress and Doubts
  • Politicians in Sandefjord: Something Should Be Done
  • Factual Description Mostly Accepted
  • Conservatives Slightly More Open Than Earlier
  • Steensnæs Plays Hard on Cost Card
  • Focus on Costs in Parliament Report
  • Tax Policy Announced With Revised National Budget
  • Politicians, Ministries Looking for "Targeted" Proposals
  • Why System Can't Be Designed for Niche Companies Only
P209 Monday, 19 January, 2004
Vold
  • Per Terje Vold New OLF Director
P208 Saturday, 10 January, 2004
Beyond OG21
  • Aker Kværner to Design World's First Offshore Concrete LNG Terminals
  • IFE/Prototech to Develop Space Fuel Technology for ESA
  • Kongsberg Seatex to Supply 35 Ship Navigation Stations
  • Telenor/Norwegian First to Offer Air Tickets Via Mobile Terminals
  • Petroleum Cluster's Spin-Off Capability is Not Fiction
P207 Thursday, 1 January, 2004
Reputation and Influence
  • Kon-Kraft Project Recommends Reputation Forum
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