Interoil Exploration and Production ASA, a Norwegian-based company with a focus on Latin America, has officially released its Annual Statement of Reserves for the year 2024. The disclosure, made public on April 28, 2025, adheres to the Norwegian Securities Trading Act and the Oslo Stock Exchange's stringent listing and disclosure requirements for oil and natural gas companies. This move underscores the company's commitment to transparency and regulatory compliance.
The report, now available on Interoil's website, provides a detailed account of the company's reserves, highlighting its operational and exploratory assets in Colombia and Argentina. With its headquarters in Oslo and a listing on the Oslo Stock Exchange, Interoil continues to solidify its position in the exploration and production sector, particularly in Latin American markets.
Investors and stakeholders are encouraged to review the document for insights into the company's reserves and operational focus. Questions regarding the report can be directed to Interoil's investor relations team, ensuring that all inquiries are addressed promptly and accurately.
This annual statement is a critical tool for investors, offering a snapshot of Interoil's asset base and future production potential. As the company navigates the complexities of the global energy market, such disclosures play a pivotal role in maintaining investor confidence and fostering long-term growth.
Gustav Hemming, a former high-ranking member of the Center Party in Stockholm, is at the center of a legal and financial storm following allegations of sexual misconduct involving a minor. The incident, which allegedly occurred on the Roslagsbanan train line in August of the previous year, has led to Hemming being charged with sexual harassment of a child. Despite denying the allegations, the case has prompted significant scrutiny of his post-political career benefits.
In the wake of the allegations, Hemming resigned from his positions as climate, infrastructure, and archipelago regional councilor in Stockholm, ending an 18-year tenure as a full-time politician. His departure was swiftly followed by an application for a temporary pension and severance pay from the region, raising questions about the appropriateness of such benefits under the circumstances.
The regional council's remuneration committee has since decided to grant Hemming a temporary pension of approximately 77,594 kronor per month, starting from December 1, 2024, and lasting no later than September 30, 2037. However, this decision comes with conditions, notably that the pension will be adjusted should Hemming take on other public roles or jobs. More critically, the committee has stipulated that the pension rights will cease should Hemming be convicted of the charges against him.
Andrea Törnestam (S), chair of the regional board's remuneration committee, emphasized the seriousness with which the region views the allegations against Hemming. She stated that the region's legal team has been tasked with reviewing the case to determine the possibility of restricting Hemming's entitlement to benefits in the event of a conviction. This development underscores the delicate balance between legal processes and the allocation of public funds to individuals facing serious criminal charges.