Cookie Consent by Free Privacy Policy Generator
10 C
Oslo
Monday, June 22, 2026

Tag: oil

Another job cut alarm sounds in Statoil

Norwegian oil company Statoil may need to cut as many as an additional 500 jobs, reported newspaper Stavanger Aftenblad on Monday. The cuts would...

More jobs disappear at oil and offshore firms

National Oilwell Varco (NOV) has confirmed that another 520 of its employees will be laid off, the latest casualties of the sharp economic downturn...

Students drop petroleum program

Hard times in the oil and offshore industry are reflected in the numbers of students, or lack thereof, applying to participate in oil-related programs....

‘Game of krones’ surprises players

Norway's krone was keeping currency players busy on Tuesday, zooming back up to a value higher than it was before OPEC ministers failed to reduce oil production...

Oil fund tapped as Goliat field opens

Norway could finally carry out the ceremonial opening of its first oil field in the Barents Sea this week. The long-overdue Goliat oil field project has begun pumping...

Shipping sinks into ‘crisis’ mode

As hard times spread through oil and offshore companies, Norway's large shipping industry is suffering, too. Dramatic ripple effects were recently revealed by the Norwegian Shipowners'...

Oil firms still see hard times ahead

Statoil isn't backing away from its major cost-cutting program and now also aims to reduce pay levels at the state-controlled oil company. Three out of...

Krone strengthens on oil price rise

Norway's volatile currency, the krone, has been much stronger this week than it was earlier this year, and analysts point to the recent rise in oil...

Hundreds to lose jobs at FMC

Yet another oil service company has warned this week of hundreds of pending job cuts. FMC Technologies announced that more than 700 employees will...

Oil service firms warn of more job cuts

Aibel and National Oilwell Varco are among oil and offshore companies warning of more job cuts, with hundreds of employees likely to soon be out...
1...404142...89Page 41 of 89

FOR THE RECORD

MOST READ THIS WEEK

CURRENCY RATES
For up-to-date info on exchange rates and currency news, Newsinenglish.no recommends ExchangeRates.org.uk - Exchange Rates UK
For more news on Arctic developments.

NewsInEnglish.no is a free and independent Oslo-based website offering news from Norway.  It’s run on a voluntary basis by veteran journalists keen to share insight into Norwegian politics, economic affairs and culture, in English.

© 2026 News In English | Produced by Robby.no | Update cookies preferences