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Monday, June 22, 2026

Tag: oil

Oil Fund may challenge high executive pay

Norway's huge and powerful sovereign wealth fund may finally start wielding its investment clout to challenge the exhorbitant salaries paid to top corporate executives. It remains...

Statoil boosts stake in Lundin, sells off in US

Norway's state oil company Statoil announced on Tuesday that it was boosting its stake in Lundin Petroleum to 20.1 percent through a series of...

Fears fly around helicopter safety

Nearly 24,000 people in Norway work on offshore oil and gas platforms, commuting regularly to their jobs in helicopters, often in stormy conditions. The fatal crash...

Wage talks postponed after helicopter crash

Negotiations between oil industry employers and unions representing oil industry workers were supposed to begin on Monday, but both sides have decided to postpone...

Norway copes with a national tragedy

As grim work continued in the aftermath of Friday's helicopter crash near Bergen, Norwegian police could release the identities on Monday of eight of its victims....

All crash victims are now identified

UPDATED: Police in Norway could release the identities on Monday morning of eight of the 13 people killed in Friday's crash of a helicopter...

Crash grounds Airbus’ fleet

Airbus Helicopters, which produced the H225 model that crashed near Bergen on Friday, has halted all passenger flights on similar models worldwide until the cause of...

Helicopter crash kills oil rig workers

Norwegian oil company Statoil reported Friday evening that all 13 people on board a helicopter returning from work on Statoil's Gulfaks B oil field were...

Unemployment rate steady at 4.6 percent

Norways's state statistics bureau SSB (Statistics Norway) announced a seasonally adjusted unemployment rate on Thursday of 4.6 percent for February. SSB's numbers showed that...

Profits predictably plunged at Statoil

Norway's largest company Statoil, battered by the fall in oil and gas prices, saw profits plummet once again during the first three months of...
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