More content from the ministry

Prime Minister Jonas Gahr Støre offers support to crisis-hit Moldova

Prime Minister Jonas Gahr Støre spoke to Moldovan Prime Minister Natalia Gavrilița today. Moldova is facing an acute energy crisis caused by Russia’s manipulation of energy supplies, which is reducing the country’s access to gas and electricity.

Welcoming adress CCUS Forum

Minister of Petroleum and Energy held this opening speech at CCUS Forum in Oslo on 27th October 2022.

By Minister of Energy Terje Aasland

We will not be intimidated. We will stand together.

Important milestone: Prime Minister opens Northern Lights visitor centre

On Tuesday 18 October, Prime Minister Jonas Gahr Støre officially opened the Northern Lights visitor centre in Øygarden near Bergen.

CCUS Conference in Oslo 27 – 28 October

Norway is co-hosting the EU’s annual CCUS conference "CCUS Forum", which will take place in Oslo on 27-28 October. EU Commissioner for Energy Kadri Simson is coming to Oslo to open the conference together with Minister for Petroleum and Energy Terje

How today’s energy reality informs tomorrow’s policy

Minister of Petroleum and Energy held this keynote speech at DNVs launch of Energy Transition Outlook in Copenhagen on 13th October 2022.

By Minister of Energy Terje Aasland

Profits from natural resources will be better distributed

Energy producers and the aquaculture industry make billions of kroner on our common resources. The Government is now proposing that more of the value created should go back to society.

Resource rent tax on onshore wind energy

The government proposes the introduction of resource rent tax on onshore wind energy as from 2023. The proposal will be referred for public consultation before the end of the year, and involves the taxation of resource rent at an effective rate of

High-price contribution on wind and hydropower

The Government is proposing to introduce a high-price contribution, with the rate set at 23 per cent of the electricity price in excess of NOK 0.70 per kWh. The contribution is designed as an excise duty payable to the treasury. The tax will be

Adjustment of local and county authorities’ general grant

The Government proposes a one-year deduction in the general grant to local and county authorities with income from licence power. The proposal applies to local and county authorities in the areas with the highest electricity prices.

Increased resource rent tax on hydropower

The Government is proposing to increase the effective resource rent tax rate on hydropower from 37 per cent to 45 per cent, with effect from the 2022 fiscal year.

Increased preparedness on the Norwegian Continental Shelf

Today, the Norwegian Government has decided to heighten the emergency preparedness in relation to infrastructure, onshore and offshore installations on the Norwegian Continental Shelf.

Opening of the Baltic Pipe line

Minister of Petroleum and Energy Terje Aasland held this speech when he participated at the opening of the gas pipeline Baltic Pipe that connects Poland with Denmark and the Norwegian upstream gas pipeline network in Northwestern Europe. The opening

By Minister of Energy Terje Aasland

Prime Minister Støre joins efforts to increase renewable energy in developing countries

Prime Minister Jonas Gahr Støre has agreed to join the Global Energy Alliance for People and Planet. The Alliance aims to provide more people in poor countries with access to electricity through the development of renewable energy solutions to

Norwegian offshore wind development in New York

Prime Minister Jonas Gahr Støre highlighted Norway’s offshore wind power initiative in connection with Climate Week NYC. Equinor will be providing nearly two million US homes with electricity generated by offshore wind, making it the largest

Prime Minister Støre met Pelosi and McConnell at US Congress

On Monday evening, Prime Minister Jonas Gahr Støre met the Speaker of the House, Democrat Nancy Pelosi, and the Senate Minority Leader, Republican Mitch McConnell.

APA 2022: Applicant for production licenses on the Norwegian Continental Shelf

The Ministry of Petroleum and Energy has received applications from 26 companies in connection with the announcement of APA 2022.

Further high-level phone call to discuss energy crisis in Europe

On Monday, Prime Minister Jonas Gahr Støre and President of the European Commission Ursula von der Leyen had another telephone conversation about the energy crisis affecting Europe.

Opening speech at ONS 2022: The North Sea - the new frontier of energy transition?

Minister of Petroleum and Energy Terje Aasland held this opening speech at the Offshore Northern Seas (ONS) 2022 conference on 30th August 2022 in Stavanger, Norway.

By Minister of Energy Terje Aasland

Norway to use NOK 2 billion to help procure natural gas for Ukraine

Russia’s war on Ukraine is having a dramatic impact on energy security and the economic situation in Ukraine. The Norwegian Government is proposing to provide NOK 2 billion to help ensure that Ukrainians have access to natural gas in the coming