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Oil can’t grease many more budgets

With less money flowing into state coffers from Norway's offshore oil fields, and the return on that money reduced as well, even Finance Minister Siv...

‘Damn the climate, full steam ahead!’

To drill or not drill? That was the question debated in depth during the recent major oil industry conference, ONS, in Stavanger, where one outspoken...

Sverdrup fuels oil fortunes again

Norway's huge new Johan Sverdrup oil field has once again revived sagging spirits in the country's oil and offshore industry. Just a day after...

Huge new oil field caught in conflict

Norway's new Johan Sverdrup oil field, located just 140 kilometers off the coast of Stavanger, may be as important for the Norwegian economy as the country's...

Statoil’s ‘uncertainty’ grips the market

The new chief executive of Statoil, Eldar Sætre, welcomed reporters to a press conference on Friday by saying it was "a time with much...

Experts look up to lower oil prices

Norwegian analysts, business executives, economists and politicians are suddenly seeing an upside to the recent fall in oil prices. As the country heads into...

Statoil rolls out huge new oil field

NEWS ANALYSIS: The timing was ironic at best: Just as a new wave of climate concerns was literally washing over Norway this week, state oil...

Økokrim appeals Transocean case

Economic crime unit Økokrim announced on Wednesday it would appeal parts of the Transocean judgment, Norway's largest ever tax fraud case. The Oslo city...

Transocean jubilant after tax victory

The world's largest offshore rig company, Transocean, and three of its tax advisers were celebrating this week after being acquitted of tax evasion by an Oslo...

Electrifying plans don’t silence critics

Norwegian oil company Statoil released literally electrifying development plans on Thursday for the country's promising new oil fields in the area of the North...
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