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Thursday, June 4, 2026

Tag: energy

New oil resources fuel skepticism

As the oil and gas industry eyes new resources in Norway's offshore Arctic, and celebrated another new discovery in the North Sea this week,...

REC closes remaining plants in Norway

Solar energy company Renewable Energy Corp (REC)  has decided to shut down its two remaining plants at Herøya in Telemark County, throwing another 500...

Even more oil found off Norway

Wintershall, the largest internationally active German crude oil and natural gas producer, has struck oil at one of its licenses in a mature area of...

Troms energy firm in more trouble

Troms Kraft, the largest energy company in Northern Norway, has reported accounting irregularities at its Swedish subsidiary, Kraft & Kultur, that suggest revenue has...

Sun sets on REC plants in Norway

Leaders of the once-shining but now embattled solar firm Renewable Energy Corp (REC) have given up efforts to maintain production at four plants in...

Latest Statoil deal sparks protests

Environmentalists were quick to criticize Norwegian oil company Statoil's latest overseas venture. Its bid to take over Brigham Exploration Co, which runs oil exploration...

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...

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...

Part of Sellafield nuclear plant closes

Part of the British nuclear energy plant Sellafield is to be closed down as a consequence of the after-effects of the Fukushima incident in...
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