Tag: economy

Repatriation: The rocky road home

SPECIAL FEATURE: Tougher economic times in Norway, brought on by the fall in oil prices, mean many expatriates in the country are now dealing with...

Foreign workers told to go home

For years, Norway's oil capital of Stavanger needed and welcomed engineers and other oil industry workers from other countries. Now, with the boom years over...

Economy still ‘robust’, but ‘vulnerable’

The day before Oslo's stock exchange took a dive along with others all over the world on Wednesday, the OECD (Organization of Economic Cooperation...

Norwegian leaders stream into Davos

Many members of Norway's business and political elite, including a couple of royals, were joining other powerful people from all over the world this...

Cheers and anger over oil field plan

Statoil's latest plans for its large Johan Castberg oil field off the coast of Northern Norway have cheered the oil industry, but enraged local officials...

‘Help wanted’ ads fall with oil price

The volume of vacant jobs advertised online in Norway has fallen to its lowest level in at least seven years, according to a website...

Salmon worth more than a barrel of oil

One farmed Norwegian salmon weighing around 4.5 kilos was worth more than a barrel of Norway's North Sea crude oil at the end of this...

Odfjell cuts jobs as oil price sinks

Odfjell Drilling, one of Norway's major rig companies serving the oil industry, slashed 20 percent of its workforce on Wednesday as the price of...

Central bank boss: Still ‘no crisis’

Norwegian wage-earners will have to settle for little if any increase in their purchasing power this year, and several thousand will need to find...

Falling oil price costs another 100 jobs

Another 100 workers in the oil industry in Stavanger got the bad news on Monday that they're about to lose their jobs. The dive...

FOR THE RECORD

MOST READ THIS WEEK

CURRENCY RATES
For up-to-date info on exchange rates and currency news, Newsinenglish.no recommends ExchangeRates.org.uk - Exchange Rates UK
For more news on Arctic developments.