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Wednesday, June 17, 2026

Tag: oil

Oil fund to start flexing its muscle

Norway's sovereign wealth fund, popularly known as the "Oil Fund," has reported another year of strong growth and impressive returns amounting to its next-best...

Oil industry claims huge number of jobs

Norway's oil industry claims it's responsible for far more jobs than state analysts have given it credit for. A new report from the industry...

Huge new energy reserves detected

The Norwegian Petroleum Directorate (Oljedirektoratet, NPD) unveiled new studies of southeastern portions of the Barents Sea and the area around the Arctic island of...

Energy high on Merkel’s agenda

German Chancellor Angela Merkel made another whirlwind visit to Oslo on Wednesday, with a delegation of energy executives in tow. It was her fifth...

No sweet Valentine from bank boss

Norway's strong economy and disciplined approach to the management of its oil wealth didn't stop the boss of the country's central bank from sending...

New terminal to fuel Arctic growth

The mayor of the area around Norway's famed North Cape was jubilant this week, after Statoil announced that it intends to bring oil from...

Labour unleashes storm over Lofoten

Battle cries were raging on Thursday after the Labour Party finally made a long-expected but hotly contested decision to pursue the prospect of drilling...

Eide shifts from Algeria to Arctic

Norwegian Foreign Minister Espen Barth Eide shifted his attention from the aftermath of a hostage crisis in Afghanistan to the future of the Arctic...

Statoil mourns as death toll rises

Algerian authorities announced Monday that 38 hostages, 37 of them foreign nationals working in Algeria, are now believed to have been killed after Islamist...

Norway copes with new national crisis

Prime Minister Jens Stoltenberg headed for Statoil's headquarters in Stavanger on Monday, as the hostage crisis in Algeria continued to put his government and...
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