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Friday, June 5, 2026

Tag: oil

Equinor’s results surprise market

Norwegian state oil company Equinor reported second-quarter results on Friday that were way below last year's but nonetheless better than analysts had expected. They'd...

Illegal emissions at Equinor gas plant

State oil company Equinor's large natural gas plant at Melkøya outside Hammerfest has reported illegal emissions and pollution every year for the past 10...

Oil Fund weathers stormy first half

Norway's Oil Fund ended a stormy first half of the year with just as much value as it had before having to face crises...

New oil fields open, demand wanes

It didn't take Norway's Oil & Energy Minister Tina Bru long to launch the country's 25th licensing round for more oil exploration and potential...

Scolded ex-Statoil boss finally speaks

Helge Lund, the former long-time chief executive of Norway's state oil company Statoil (now Equinor), is finally speaking out about the huge losses the...

State auditor will probe oil ministry

Norway's state auditor general (Riksrevisjonen) has decided to examine how the Oil & Energy Ministry has handled its role as the major owner of...

Majority supports aid to oil industry

A new survey shows that not only a majority of politicians support controversial tax relief and financial aid to Norway's oil and offshore industry....

Norwegian shares crash in market dive

Salmon, oil and Norwegian Air shares were among those battered on the Oslo Stock Exchange (OSE) Monday. OSE's main index ended down 2.12 percent...

Calls rise for probe of Equinor losses

Several Members of Parliament, professors and not least editorial writers at Norwegian newspapers are all demanding an external and independent investigation of Norway's state-owned...

Oil companies win some tax relief

The leaders of Norway's three largest opposition parties in Parliament finally struck a compromise with the government on Monday that offers some tax relief...
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