Tag: oil
Statoil logs profits and protests
Norwegian state oil company Statoil reported an 11 percent jump in operating profits for the first quarter, but faces more criticism at home and...
Statoil still keen to drill off Lofoten
Statoil's chief executive, Helge Lund, still wants to pursue oil and gas exploration off the coast of Lofoten and Vesterålen, even after other opportunities...
Border pact can ease Lofoten pressure
Norway's new border agreement with Russia in the Arctic was still drawing rave reviews on Wednesday, and being hailed as a major breakthrough. Some...
Oil Minister takes a stand
Oil Minister Terje Riis-Johansen has taken a stand on oil exploration off Norway's northern coast, and aims to avoid a government crisis at the...
Untapped billions wait offshore
The sea floor off Norway's northern coast contains an estimated NOK 500 billion (nearly USD 90 billion) worth of untapped oil and gas, estimates...
Higher oil price yields extra revenue
Prices for North Sea crude oil have been up around USD 84 a barrel lately, and that's a lot more than state budget crunchers...
Statoil strikes oil in Norwegian Sea
State oil company Statoil reports it has struck more offshore oil and gas, this time in the Norwegian Sea around 15 kilometers north of...
30 years since Kielland disaster
Hundreds of people have been gathering for memorial ceremonies in and around Stavanger in recent days, to honor those killed when the Alexander L...
Labour quarrels over Lofoten
The Oslo chapter of the Norwegian Labour Party (Arbeiderpartiet) sent a clear signal over the weekend that it opposes any form of oil and...
Oil industry offensive draws critics
The former head of the Norwegian chapter of humanitarian organization "Save the Children" (Redd Barna) is now an oil industry lobbyist. Her recent appeal...
FOR THE RECORD
If you like what we’re doing, please consider a donation. It’s easy using PayPal, or our Norway bank account. READ MORE
MOST READ THIS WEEK
CURRENCY RATES
For more news on Arctic developments.