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Saturday, June 6, 2026

Tag: economy

DNB, Hydro profit amidst concerns

Not all of Norway's companies are reporting dismal profits this week, as a flood of first-quarter results were being announced. Norway's biggest bank, DNB, logged...

Politicians strike back at oil critics

Several state politicians have fired back at 200 artists, researchers, authors and other members of Norway's cultural elite, who have called for a halt to...

Doubts arise over oil job creation

Government claims that the huge new Johan Sverdrup oil field will create as many as 51,000 new jobs in Norway are now being drawn into...

Oil industry hits a mid-life crisis

Norway's oil industry has just passed an important 50th anniversary but there wasn't much mood to celebrate. The industry finds itself grappling with a dive in...

Statoil engineers face new job cuts

More job cuts loom at Norway's biggest company, Statoil, as it tries to slash costs in the face of much lower oil prices. All of its 12,000...

Stock exchange record tied to low interest rates

Tuesday's burst of activity on the Oslo Stock Exchange was being linked on Wednesday to low interest rates and the attractiveness of companies benefiting...

Norway welcomes Iran nuclear pact

Norwegian Foreign Minister Børge Brende was praising a landmark agreement reached on Thursday between Iran and a group of the world's most powerful nations that...

Oil companies slash expenses, travel

Cutbacks in the oil and gas industries are seeping into other areas of the Norwegian economy, as companies slash costs for travel, representation and...

Oil workers seek more secure jobs

Norway's oil industry is no longer pumped up by profits or the confidence that comes with job security. The good times abruptly stopped rolling...

Unions agree to forego wage hikes

This year's first phase of annual wage negotiations between Norwegian trade union federations and employer organizations ended with an historically low settlement for key...
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