Tag: oil
Statoil’s CEO shakes up his team
Helge Lund, chief executive of Norwegian oil company Statoil, was back in the news over the weekend after shaking up his management team and...
Spill preparedness called ‘shameful’
One year after a Chinese tanker grounded off Telemark and fouled Norway's southern coast, environmental activists and those charged with clean-up preparedness are crying...
Statoil still keen on the Gulf
Norwegian oil company Statoil is logging big losses on the forced disruption of its exploration activity in the Gulf of Mexico, but says it...
Hydro’s profits point up a paradox
NEWS ANALYSIS: Major metals firm Norsk Hydro has reported renewed profitability but still plans to cut costs and possibly jobs on its home turf...
Wintershall strikes oil off Trondheim
German oil and gas firm Wintershall reported its second "significant" oil discovery on the Norwegian continental shelf, striking as much as 120 million barrels...
Calls rise for oil minister’s exit
Oil & Energy Minister Terje Riis-Johansen was back in the headlines over the weekend, after he told an Oslo newspaper that he "personally" thinks...
‘Turbo Trond’ still counts on oil
Norway's Business and Trade Minister Trond Giske, known as "Turbo Trond" because of his frequent travels, has been jetting all over the world of...
Oil Minister’s days may be numbered
Norway's Oil and Energy Minister, Terje Riis-Johansen, faces a unified opposition in Parliament that is formally declaring a lack of confidence in him. He'll...
Twilight time for gas production?
Norwegian gas production has long been expected to offset declines in oil production, but a new research report indicates it will decline sooner and...
High oil prices, low interest rates
Norway's central statistics bureau SSB has issued some optimistic reports that predict high oil prices and low interest rates over the next few years....
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