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Saturday, June 25, 2022

Tag: industry

Hydro enters aluminum’s big leagues

Norsk Hydro, the big Norwegian metals firm that's 34-percent owned by the state, got bigger on Monday. It announced it was buying the remaining...

Norway still fails to cut its emissions

While several other countries in the European Union have cut their carbon emissions in half, they've increased in oil-producing Norway. One critic claims Norwegian...

Lien set to delay carbon capture

Norway's Oil & Energy Minister Tord Lien confirmed on Friday, when Norwegian media outlets were preoccupied with news about British voters deciding to leave the EU,...

Soap factory down the drain in Kristiansund

More than 100 years of making soap in Kristiansund were washed down the drain on Tuesday, when the board of the Lilleborg cleaning products unit...

Hydro stock flies as pilot rolls out

Norway's large industrial company Hydro, now mostly an aluminum and metals producer, won kudos from both investors and the prime minister on Wednesday when...

Huge new contract pumps up industry

The latest contract awarded for work on Norway's huge new Johan Sverdrup oil field in the North Sea cheered the offshore industry on Monday, along...

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...

Yara chiefs kept still over signs of bribes

Official claims of "zero tolerance" for corruption at Oslo-based Yara International were called into question this week, when the company's former top leaders were grilled in court over...

‘Crown witness’ pins down ex-Yara CEO

Norway's largest corruption trial ever entered its seventh week with a former top executive testifying that the former chief executive of Oslo-based Yara International had been...

Hydro posts profits and pilot project plans

Norwegian industrial firm Norsk Hydro this week posted its best quarterly results since it became primarily a producer of aluminum in 2007. The company...

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