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Wednesday, June 17, 2026

Tag: oil

Rape accusation haunts oil minister

Norway's Oil & Energy Minister Terje Søviknes was back in the news this weekend, regarding an issue that has little to do with his...

Oil Fund gushes with new record results

Norway's huge sovereign wealth and pension fund that's fueled by the country's oil revenues reported record results for last year. Commentators quickly reported that...

Stock market slide hits the Oil Fund

Norway’s central bank (Norges Bank) once again gathered 300 of the country’s most powerful people Thursday night, to listen to its chief’s annual perspectives...

Kværner lands huge Statoil contract

Western Norway and several other communities around the country were celebrating this week after Norwegian industrial firm Kværner signed contracts on a project expected...

Oil policy ‘firm’ but faces EU pressure

NEWS ANALYSIS: Norwegian government officials have been stressing lately that the country’s oil policy remains firm, even though new coalition colleagues have viewed it...

Oil field to be ‘a money machine’

Norway's giant Johan Sverdrup oil field, located just 155 kilometers west of Stavanger, is being called "a money machine" even before production starts up...

Statoil poised ‘to earn record amounts’

Norway’s largest company, Statoil, looks set to keep logging record amounts of earnings, given its lower cost base and rising oil prices. Some analysts...

Norway is now the richest in the world

A new method of calculating wealth has resulted in the World Bank ranking Norway as the richest country in the world. The World Bank...

Climate concerns prompt an appeal

Environmental organizations Greenpeace and Natur og Ungdom  aren't accepting defeat in an Oslo city court, announcing on Monday that they will appeal for a...

Environmentalists lost against state

It was dubbed as "The People vs Arctic Oil," and the people lost. Environmental organizations that sued the Norwegian government for opening up its...
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