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Sunday, June 21, 2026

Tag: oil

Oslo stocks rose with the oil price

Statoil's share price jumped more than 5 percent and the main index of the Oslo Stock Exchange was up nearly 2 percent on Thursday,...

Oil service strike idles more drilling rigs

A strike in the oil service sector that started last week is steadily putting drilling rigs out of service. Norwegian rig owners are thus...

Labour defiant as economy recovers

NEWS ANALYSIS: Thursday's decision by Norway's central bank to scrap another interest rate cut illustrates how the country is recovering from the economic shock...

Oil workers strike over ‘dirty deal’

More than 300 offshore oil service workers were called out on strike Wednesday, amidst reports that nearly 38,745 jobs in their sector have disappeared...

Oil minister must explain himself

The leader of the one of the Norwegian coalition government's own support parties is demanding an explanation on the floor of Parliament from Oil...

Another 300 workers idled in the oil industry

Aker Solutions is furloughing another 100 employees, while rival FMC Technologies is also letting go 200 of its workers in its subsea service operations. The...

Statoil wants to invest billions in the Barents

Norwegian oil company Statoil is stepping up the pressure on government officials to allow more expansion of oil and gas exploration in the Arctic....

Oil minister backs down on Lofoten

Oil Minister Tord Lien has abruptly reversed his promotion of oil drilling off Lofoten, informing oil companies that he won't be seeking their recommendations for...

Pressure grows on scenic Lofoten

One of Norway's most scenic tourist magnets, the Lofoten peninsula, and the spectacular neighbouring areas of Vesterålen and Senja are once again under pressure....

Oil region’s slump ‘will turn around’

While housing prices are literally going through the roof in most areas of Norway, those hit hard by the oil industry slowdown have seen prices...
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