Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
OSLO/WILMINGTON, Delaware Seadrill's main owner, billionaire John Fredriksen, is close to a deal with unsecured bondholders and South Korean shipyards on a restructuring plan for the rig operator, sources familiar with the talks said on Thursday.
OSLO Rig firm Seadrill, which last year filed for bankruptcy protection in a U.S. court, is working towards a comprehensive deal with all its creditors that could be concluded this week, it said in a court filing late on Friday.
LONDON/OSLO Norway's Statoil will raise its dividend, investments and exploration spending in 2018, it said on Wednesday, after higher oil prices helped it beat fourth-quarter earnings forecasts.
SANDEFJORD, Norway Norway has awarded a record 75 offshore oil exploration licenses, to Statoil, Aker BP Shell, Total and ConocoPhillips among others, the energy ministry said on Tuesday.
STAVANGER, Norway Norwegian oil and gas investments will begin to rise in 2018 after falling for the last four years, helping drive output to near-record highs in the next five years, the Norwegian Petroleum Directorate (NPD) said on Thursday.
OSLO Efforts to find new oil off Norway are expected to double next year, preliminary company plans show, with activity rising in more mature areas after this year's disappointing Arctic campaign. The pressure to deliver is growing as this year's poor exploration results were partly to blame for a drop in interest in Norway's latest licensing round. Around 45-50 exploration wells, including wells to delineate previously made discoveries, could be drilled next year on the Norwegian Continental Shelf (NCS), up from around 26 wells this year. "We do not rule out that the number of NCS exploration and appraisal wells may increase by 70-100 percent year-on-year in 2018," said analyst Teodor Sveen-Nilsen at Sparebank 1 Markets. Higher oil prices and lower drilling costs are driving appetite for exploration and supporting a recovery of the offshore drilling market.
LONDON There's oil and then there's oil, says Norway's Statoil, which is pitched in a race to develop the cleanest crude as countries wean themselves off fossil fuels.
OSLO Norway's Statoil aims to sign a power purchase agreement with a U.S. utility to develop an offshore wind power project off New York, a senior company official said on Tuesday.
OSLO/GENEVA A campaign group seeking a global ban on nuclear arms won the Nobel Peace Prize on Friday, given the award by a Nobel Committee that cited the spread of weapons to North Korea and said the risk was growing of nuclear war. | Video
Oslo/Genf Der diesjährige Friedensnobelpreis geht an die Internationale Kampagne zur Abschaffung von Atomwaffen (ICAN) und soll als Warnung vor der wachsenden Gefahr eines Atomkriegs dienen.