Listhaug tapped to defend Norway’s oil

NEWS ANALYSIS: Sylvi Listhaug, one of Norway’s most controversial and provocative politicians, took over as oil minister on Wednesday. Listhaug, who earlier has questioned whether people are to blame for climate change, was clearly tapped by her Progress Party leader Siv Jensen to fend off “shame” over Norway’s oil industry and push for more Arctic […]

‘Much lower growth’ in oil investments

The chief economist for the Norwegian national employers’ organization NHO is the latest to issue a sobering outlook that may only cheer anti-oil climate activists like Greta Thunberg: Norway’s economic growth will slow down, Øystein Dørum predicts, mostly because of “much lower growth in oil investments, and then a decline.” Dørum, who worked many years […]

Thunberg shames Solberg on climate

Prime Minister Erna Solberg was smiling as she posed at the opening of the UN Climate Change Conference. Now, however, she’s accused of ignoring the conference’s “call to action,” with young Swedish activist Greta Thunberg publicly accusing Solberg of violating UN rules against endangering the lives of children around the world. “Your government continues to […]

Mixed reaction after well comes up dry

Climate and environmental activists were jubilant and a German oil company  disappointed after it abandoned a highly controversial offshore oil drilling project this week. Oil firm Wintershall DEA confirmed that it failed to find enough oil to justify the costs of developing the field near the Træna reef. “We found a little oil, but less […]

Alarms ring over Equinor pollution

Norway’s environmental directorate has uncovered serious violations at a string of Equinor facilities, ranging from chemical spills at offshore platforms to leaks of climate gasses at Equinor’s Mongstad refinery. The findings refute constant boasting by Norwegian government and oil industry officials that their oil and gas production meets the highest environmental and climate standards in the […]

Oil Fund under new political pressure

Norway’s huge Oil Fund is often used as the country’s politically correct investor abroad. Now several Norwegian politicians want to also use it as a “political tool” at home to promote climate measures, over the strong objections of the Conservatives’ Prime Minister Erna Solberg. She calls any such efforts “dangerous.” Debate over how to best exploit the […]

More oil found as anti-oil trial begins

Norwegian state oil company Equinor seems to believe that the best defense is a good offense. Not only did it announce a large discovery of more oil this week, it also launched a major public relations campaign, just as climate and environmental activists were taking the state to court again in an effort to halt […]

Storm stops oil drilling protest

Stormy seas and bad weather prevented climate and environmental activists from trying to stop a large drilling rig’s controversial oil exploration efforts near a sensitive coral reef off Helgeland on Thursday. The German oil company that chartered the rig is undaunted by all the protests, and reported that drilling was getting underway. “First we’ll drill […]

Liberals lose their climate credibility

Veteran environmentalist Frederic Hauge has joined the ranks of those giving up on Norway’s embattled Liberal Party. He and fellow activist Gaute Eiterjord claim the party has lost whatever credibility it had left this week when its deputy leader Ola Elvestuen, who serves as Climate and Environment Minister, refused to block oil drilling near an […]

Oil Fund milestone fuels rare praise

Even critical Norwegian newspapers had praise for Norwegian politicians over the weekend, after the country’s enormous Oil Fund broke yet another record. “Congratulations!” editorialized Aftenposten, as the fund’s market value surpassed the dizzying figure equivalent to NOK 10,000 billion. The praise was doled out in several directions but first and foremost to the broad majority […]