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Saturday, August 13, 2022

Tag: oil

Norway will profit on EU’s gas cuts

The Norwegian government was quick to declare that it would support the EU Commission's decision this week to cut gas consumption by 15 percent...

Labour government ordered workers back to work

Norway's Labour Party-led government isn't stepping in to stop the SAS pilots' strike, but it did end up halting two other strikes in the...

Norway downplays its oil and gas wealth as ‘war profits’ roll in

NEWS ANALYSIS: Lots of economic warnings were being issued in Norway this week, both before and after the country's central bank announced a half-point...

Gas production may increase after all

Norway hasn't been able to offer more of its North Sea gas to help ease the energy crisis in Europe, since North Sea production...

Pump prices prompt tax cut proposals

Some top politicians, stunned by record-high pump prices for both gasoline and diesel, are calling for the removal of most or all of Norway's...

Petro-profits raise ‘a moral dilemma’

NEW ANALYSIS: Windfall profits from Norway's oil and gas industry aren't only fueling the country's fortunes. Ordinary Norwegians, like others all over the world,...

Energy prices set to fuel more inflation

An Oslo-based oil analyst thinks the price of a barrel of Norway's North Sea crude will rise to well over USD 100 by summer,...

The trouble behind Equinor’s profits

Norway's state oil company Equinor is almost drowning in cash after reporting its highest profits ever this week. Top management, though, is anguishing over...

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...

Budget battle ends well for leftist SV

Norway's  Labour-Center government coalition was finally able late Monday to secure a majority in Parliament for next year's state budget. After lengthy negotiations with...

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