Finance
Labour immigrants take little work from refugees
Labour immigrants have to a small extent competed against refugees in the labour market, according to Statistics Norway (SSB). This is because, among other things, they…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
Dutch oil rig workers demonstrate in Oslo
A delegation of Dutch oil rig employees demonstrated on Friday outside the Norwegian company, Borr Drilling’s, offices in Oslo. The reason is that Borr Drilling bought…
Finance
Over 47,000 uninsured vehicles in Norway
Fresh numbers show that 47,251 vehicles are without auto insurance in Norway. – insurance companies believe this is worrisome. As a result of the road tax being included…
Finance
One third of world’s fish catch is discarded
World consumption of fish is not sustainable according to a new UN report. A total of 30 million tonnes of fish are thrown away (one third of all fish catches) each…
Finance
Oil price dropped dramatically
Oil price dropped dramatically on Wednesday The price of both American light crude and North Sea oil dropped on Wednesday evening (CST). The dramatic development in the…
Finance
Norwegians more concerned about interest rates than neighbour countries’ citizens
A total of 39% of Norwegians say they are worried that interest rates will be higher, according to a new survey. The figure is by far the highest of the Nordic…
Finance
Norwegian reports solid profit in Q2
Norwegian (NAS) today reported its second quarter earnings for 2018 with a net profit of NOK 300 million, despite the highest growth in the company’s history. Going…
Finance
Dutch rig workers to demonstrate in Oslo
Dutch workers accuse the Norwegian company Borr Drilling for social dumping and notify that they will demonstrate outside the Oslo office. The union Nautilus, which…
Finance
Bane Nor to award huge Intercity contracts
Bane Nor to award Intercity contracts for NOK 60 Bn The enhancement of the railroads in eastern Norway is underway in several places. Over the next three years, NOK 60…
Finance
New hope for natural gas industries in Kirkenes
The Russian natural gas giant, Novatek,is considering using Norwegian ports to relocate natural gas, and the mayor of southern Varanger is hoping for a ‘yes’ from the…
Finance
669 offshore workers on strike
The Federation of Safe and Shipowners’ Unions (Safe og Rederiforbundet) did not agree on the wage settlements for the year. Thus, 669 offshore workers were taken out on…
Finance
The strawberry season is about to end
The strong heat and drought in southern Norway has led to the end strawberry season of the year. “We just have to get through this summer and hope it will be better next…
Finance
Record high petrol prices in Norway
The petrol price took a hike just before the weekend and is now at a record high in Norway. Analysts believe the price will continue to rise. The guide price of petrol…
Finance
Oslo 2nd Quarter Housing Prices up 6%
The Co-operative Housing Federation of Norway (Norske Boligbyggelags Landsforbund SA (NBBL) has released its 2nd quarter statistics indicating that housing prices have…
Finance
Equinor buys energy company for almost NOK 4 billion
Equinor buys the energy trading company Danske Commodities (DC) for 400 million euros – around 3.7 billion. The acquisition of one of Europe’s largest companies in…
Finance
Norway’s Weather Forces Power Imports
At this time of year and under normal circumstances, Norway would be exporting its surplus electricity to her Nordic neighbors, but due to the dry spring weather &…
Finance
China repeals salmon ban
Since 2015, Nordland, Troms and Sør-Trøndelag have been banned from exporting salmon to China. Now China has lifted restrictions. The reason for the restrictions was…