Norway Stands Firm: Declines Costa Rica’s Request for Oil and Gas Exploration Studies
Norway has officially declined a request from Costa Rica to assist in oil and gas exploration studies.
Norway has officially declined a request from Costa Rica to assist in oil and gas exploration studies.
Costa Rica is currently grappling with a significant downturn in its green energy production.
Tucked away in Costa Rica’s lush Osa Peninsula, the SCP Corcovado Wilderness Lodge has become a beacon for wildlife enthusiasts and eco-tourists alike.
Between June 2022 and December 2023, Costa Rica witnessed a dramatic 24% fall in the exchange rate of the dollar against the Costa Rican colón.
Currently, the proposal for the new hydroelectric plant remains in the conceptual phase, with pre-feasibility studies yet to be conducted.
Costa Rica finds itself on the cusp of an intense heatwave, reminiscent of the sizzling temperatures experienced in early March.
Costa Rica has proudly announced its first export of coffee declared “free from deforestation” to the European Union.
And in this noble quest, the World Bank has stepped up, swinging a hefty $350 million loan in Costa Rica’s direction.