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Friday, June 5, 2026

Tag: oil

Economy picks up, krone strengthens

Norway is once again being branded as fundamentally different from the rest of the world, as it emerges from the Corona darkness. While its...

Oil Fund drama nears a climax

After weeks of criticism over the hiring of an expat billionaire to run Norway's huge Oil Fund, the country's central bank in charge finds...

Oil minister scolds a shamed Equinor

Norway's state oil company Equinor continued to be dragged through the mud this week, as its "scandalous" losses on US operations grew and it...

Equinor gives in to massive criticism

Norway's state-controlled oil company Equinor gave in on Thursday to demands for more detailed reporting of its troubled division in the US. Equinor's board...

Oil firms set to win disputed tax relief

The Norwegian government's revised state budget includes tax relief measures that some fear will unduly stimulate the oil industry. Finance Minister Jan Tore Sanner...

Greenpeace hails Oil Fund exclusions

Environmental organization Greenpeace is hailing Norway's sovereign wealth fund, which was built up on oil revenues, for excluding four oil companies because their emissions...

Parliament reacts to Equinor losses

NEWS ANALYSIS: Opposition politicians in the Norwegian Parliament are demanding answers from the Conservatives' Oil Minister Tina Bru over how much (or how little)...

‘Scandal’ losses in US haunt Equinor

It's being called Norway's "largest industrial scandal ever:" a documented combination of big spending, management chaos, executive greed and a lack of internal control...

Tanker market turns for the worse

Just a week after tanker ship owners were raking in enormous profits by chartering their vessels for oil storage, the market has suddenly turned...

Government gives in to oil tax relief

UPDATED: After weeks of debate, and concern from its own finance ministry, the Norwegian government has decided to change the rules regarding how oil...
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