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Friday, June 5, 2026

Tag: oil

‘Krone’ weakens as oil prices fall

Norway's krone has been losing value again this week, after oil prices sunk back to where they were last spring. It cost just over...

New oil discovery ‘important’

Norway's state oil company Equinor called the discovery of more oil in the Barents Sea "important," when announcing this week that a well drilled...

Oil Fund battered but still booming

NEWS ANALYSIS: Norway's huge state pension fund known as the "Oil Fund" was back in the news this week, most recently for earning another...

Oslo Stock Exchange tops all the others

The Oslo Stock Exchange (Oslo Børs) has provided better returns for investors this year than any other stock exchange in the world. The small...

Climate change threatens Svalbard

After decades of warnings, Norway's Arctic settlements on Svalbard are suddenly facing more dramatic effects of climate change. Its current, highly visible consequences on...

Employers plan to hire more workers

Employment prospects are looking up again in Norway. A new survey shows that many companies are planning to do more hiring by the end...

Two ministers leave the government

Transport Minister Ketil Solvik-Olsen confirmed on Thursday that he's steering a new course, and resigning after five years as one of the Progress Party's...

Equinor hailed over wind power project

Norway's state oil and energy company Equinor was winning widespread and unusual praise on Wednesday from environmental organizations and politicians, after it announced plans...

Oil industry meets amid new ‘bonanza’

Thousands of oil industry players from all over the world are in Stavanger this week for the latest Offshore Northern Seas (ONS) exposition, and...

Supply ships busy in Russian waters

Norwegian supply ships that offer various services to the offshore oil industry have been busy in Russia's Arctic waters this summer. It's welcome business...

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