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Wednesday, June 3, 2026

Tag: oil

Statoil won’t drop oil sands project

Norwegian state oil company Statoil faces loud protests over its involvement in a Canadian oil sands project, but insists on moving forward. The Norwegian...

Survey reveals offshore risk

A new survey of workers on Norwegian offshore oil and gas fields reveals a lack of safety risk analysis. Some workers admitted that operations...

Gulf crisis plays into Lofoten conflict

It took them a while, but Norwegian environmental advocates and some top politicians are now sounding alarms over BP's oil rig disaster in the...

Opposition grills Stoltenberg

Last week Prime Minister Jens Stoltenberg was being hailed for settling a border dispute with Russia's president. This week he was accused of lying...

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...
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