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Friday, June 5, 2026

Tag: economy

Statoil finds more oil in North Sea

Norwegian state-controlled oil company Statoil announced Tuesday that its latest discovery in the North Sea can be even bigger than officials thought when it...

Oil fund continues to suffer

Norway's sovereign wealth fund, known officially as the “Government Pension Fund – Global” and unofficially as the “oil fund,” continues to lose value in...

Bank worker swindled 5.5 million

A former employee of Norwegian bank DnB NOR has confessed to gross embezzlement, fraud and falsification of documents that amounted to NOK 5.5 million...

Key suspects reject Nordea fraud guilt

Several of the five suspects in the Nordea fraud case, one of the biggest such cases in Norwegian history, began answering questions in an...

Interest rates unchanged as stocks fall

The Norwegian central bank, Norges Bank, has decided to hold interest rates at 2.25 percent in light of continuing global economic uncertainty, despite having...

Stock Exchange rallies despite fears

Norwegians have begun predicting the possible consequences of the unfolding drama in international markets for the country, as the Oslo Stock Exchange itself put...

Oslo Stock Exchange continues fall

The Oslo Stock Exchange's main index fell by 5.65 percent to 344.39 by the end of trading on Monday, as turbulence in the international...

Statoil in massive North Sea discovery

Norwegian part state-owned oil and gas enterprise Statoil has found new oil deposits in the North Sea that could represent the largest new discoveries...

Stocks and oil fund take further hit

The Oslo Stock Exchange (OSE) fell to a new low for the year on Friday despite promising unemployment figures from the USA, while the...

Economy prospers despite EU crises

UPDATED: Revised forecasts suggest that the Norwegian economy will do better than originally expected this year, giving many consumers more money than they may...
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