Trade surplus soars on energy exports

Norway can boast its largest trade surplus ever, after exports of oil, gas and electricity at high prices last year. Metals and record-high seafood sales also helped, but ongoing if controversial oil and gas sales accounted for most of the wealth still flowing into the country even as the pandemic and climate crisis drag on. […]

Electricity demand puts rivers at risk

Rising demand for electricity and its record-high rates this winter are suddenly prompting Norwegian politicians to consider sacrificing even protected rivers and waterfalls for energy relief. On Wednesday a majority emerged in Parliament to reconsider longstanding conservation measures, and allow more production of hydroelectric power. Newspaper Klassekampen reported late last week that the Labour Party […]