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Thursday, June 4, 2026

Tag: oil

Brazil draws Norwegian investors

Brazil, long the home of a Norwegian princess, is now becoming the new favoured destination for Norwegian companies keen on expanding abroad. Major investments...

Historic day for Norway and Russia

Norway's government leaders were in Murmansk on Wednesday to sign an historic agreement with their Russian counterparts on how the Barents Sea will be...

Wintershall bullish on Norwegian oil

Germany's largest oil and gas producer, Wintershall, could boast five oil discoveries in the North Sea during just the past year when it made...

New oil era predicted for Norway

Film star Kevin Costner has been in Norway this week, to promote oil spill clean-up equipment and warn Norwegians about oil spill danger. Meanwhile,...

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...

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