Oil Fund wielded its clout over bank executives’ pay

Norway’s sovereign wealth fund known as the Oil Fund has followed through on its decision to start using its clout, as a shareholder in major companies around the world, to oppose huge executive pay packages. Newspaper Dagens Næringsliv (DN) reported that it was part of voting down bonus packages last week, for example, for the […]

Higher emissions don’t daunt leaders

A maze of pipes at Mongstad is part of the efforts to find the "best and cheapest" means of capturing carbon emissions. PHOTO: Gassnova/Regjeringen.no

NEWS ANALYSIS: Just days after the Norwegian government announced controversial plans to drill for more oil and gas in new areas of the Arctic, came news that Norway’s own carbon emissions have increased for the first time since 2010. The increase was blamed almost entirely on the country’s oil and gas industry but political and industrial leaders are […]

IEA urges higher electricity rates

Power lines carry electricity all over Norway, like here on the western edge of Krokskogen in Buskerud County. PHOTO: Views and News

If there’s one thing that’s relatively reasonably priced in Norway, it’s electricity, but international experts think electricity rates could and should double within the next 15 years. They also think diesel- and gasoline-driven cars will all but disappear by 2050. These are among conclusions in a new report from the International Energy Agency (IEA), the independent organization set […]

Hotel strike over, workers jubilant

Striking hotel workers, seen here parading through Oslo earlier this month, were jubilant on Saturday after they prevailed in their demands for the right to local negotiations and higher wages for the lowest-paid hotel workers. Hotels were reopening Saturday afternoon. PHOTO: newsinenglish.no/Nina Berglund

Norway’s lengthy and highly disruptive hotel strike ended during the night in what the unions were calling a victory. Hotels that have been closed by the strike were due to reopen at 3pm on Saturday. “This has been an important battle that gives us strength for the future,” Jørn Eggum, head of the trade union federation Fellesforbundet, said […]

Frustration rises over hotel strike

Only a sriker's yellow vest was left on a chair outside the entrance of the Thon Hotel Kirkenes this week. The hotel closed shortly after the strike began, as did the local Scandic, leaving stranded guests with few options. PHOTO: newsinenglish.no

As Norway’s nationwide hotel strike drags on, frustration is running high not only among stranded travelers but also hotel owners unhappy with their own employers’ bargaining organization NHO Reiseliv. One has already checked out of the group, claiming it lacks willingness to negotiate with the unions, and a new attempt at mediation was set for early next week. “Something […]

Arctic oil plans hailed and bashed

Greenpeace activists boarded the Transocean rig, after Statoil was given the green light on Monday to begin exploration work near the island of Bjørnøya, north of the Arctic Circle. PHOTO: Greenpeace

UPDATED: The Norwegian government’s decision to open up new areas of the Barents Sea to oil and gas exploration is “embarrassing and shameful,” claim Norway’s major environmental organizations and several top politicians in opposition. They claim the plans also violate the international climate agreement reached in Paris last fall, while hard-pressed areas of Northern Norway welcome them for […]

Bunad silver sales soar

This week’s 17th of May holiday has revealed another indication that the Norwegian economy isn’t doing as poorly as some might like to think. Sales of the decorative and expensive silver and even gold jewelry that adorns the traditional Norwegian costumes known as the bunad are soaring, along with sales of the garments themselves. “We’ve […]

REMA checks out of Sunday battle

REMA 1000 is open to as late as 11pm on weekdays and 10pm on Saturdays. Store executives have now decided that's long enough and will drop restricted Sunday openings, at least for now. PHOTO: newsinenglish.no

Norway’s grocery store battle over Sunday openings took a new twist in the middle of the long holiday weekend, when the REMA 1000 chain announced it would no longer defy the country’s ban on Sunday shopping. REMA will now keep its stores shut on Sunday, but only because some of its main rivals like KIWI and Joker are […]

Farmers decide to settle with the state

The farmers' representative claimed it was most important to even out differences between small and large farms' support. PHOTO: newsinenglish.no

After more than 24 hours of negotiations in overtime, Norway’s largest farmers’ organization finally accepted a sweetened offer from the state that will give them another NOK 350 million in various forms of state support. The package, though, was less than half of what the farmers had demanded. Many had felt the farmers’ demands for […]

Hotel strike heads into third week

Hotel workers on strike at the Scandia Nidelven Hotel in Trondheim. PHOTO: newsinenglish.no

There was still no settlement in sight as Norway’s nationwide hotel and restaurant strike headed into its third week and one of the biggest holiday weekends of the year. Trade union federation Fellesforbundet, on the contrary, announced plans to pull another 50 workers off the job at four new hotels and restaurants on the 17th of May, Norway’s […]