a very important step in our growth strategy. |
Businesses or factories where we cannot restore profitability to an acceptable level will be closed or sold. |
Credibility takes years to build, but a few hours to destroy. |
Demand for energy will double in the next decade. Energy supply is fundamental to societal value. |
Having paid for these assets we'll still remain within the long-term gearing target the board has set. |
I would not like to see women coming into my board where there is a clear suspicion they are there because of a legal framework and not because of their competence. |
We are primarily buying an exploration company - with huge exploration area compared to the actual production, |
We believe that the deepwater potential in the Gulf of Mexico is considerable, |
We haven't ever before seen such sharp increases in costs as over the past two years. It's more than $200 per ton. It has to do with rising energy costs, with rising alumina costs. This increase puts pressure on the weakest smelters. |
We need regulatory clearance which we do not expect to be a problem. |
We need to expand outside Norway given that the Norwegian continental shelf won't be able to deliver the growth we need, |