Finance
Suspected of gross embezzlement in Nidaros
Employee of the Joint Church Council in Trondheim suspected of gross embezzlement An employee of the Joint Church Council in Trondheim is suspected of having tapped the…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
Norway Plugs 140,000 Electrics
Newest figures from Statistics Norway (SN) has Norway registering a total of 142,490 electric cars in 2018, (up 40% from 2017) and also of major increases within…
Finance
Greenpeace boarded Norwegian rig
Greenpeace boarded Norwegian drilling rig Activists from Greenpeace Norway have boarded the drilling rig West Hercules in Skipavika outside Bergen. The rig is scheduled…
Finance
OIL FUND: Down NOK 2.9B
The Norwegian Oil Fund, which owns .71% of Facebook, has been hit hard by a Facebook scandal and has lost NOK 2.9B value within 72 hours. This past weekend it was…
Finance
Government asks for Brussels’ permission to secure cuts
Scepticism was great on the left, but now the government has asked the EFTA Surveillance Authority (ESA) if it will allow Norway to cut security benefits. Specifically,…
Finance
Bringing together international expertise on jet biofuel and electric aircraft
On Thursday Avinor, the Federation of Norwegian Aviation Industries and Zero are organizing the conference “Emission-free aviation in 2040?” “Aviation is of key…
Finance
Unemployment at 4.0 per cent
Adjusted for seasonal variations, there were 111 000 unemployed persons in January. This accounts for 4.0 per cent of the labour force, unchanged since October. The…
Finance
Telenor agrees to sell its Central and Eastern European assets to PPF Group for EUR 2.8bn
Telenor has entered into an agreement to sell its assets in Central and Eastern Europe (CEE) to PPF Group for EUR 2.8 billion (around NOK 27 bn) on an enterprise value…
Finance
Norwegian Airline stock falls sharply
Norwegian airline’s share price fell by more than 5% in the first few minutes after Oslo Børs opened on Wednesday. The Norwegian share was traded on Wednesday morning…
Finance
Successful demonstration of Norway’s first driverless truck
And fortunately, there was enough snow! The project started as an innovation project in ‘Avinor’ three years ago. “The project is, as far as we know, among the first in…
Finance
Statoil Expands into Martin Linge
Statoil has announced the finalized purchase acquisition of Total oil, with Statoil taking over operations of the Martin Linge oil field and the Garantiana oil discovery…
Finance
Statoil or Equinor: What’s in a Name?
Should Statoil become Equinor? Arve Johnsen, Statoil’s first CEO has issued a statement critical of the proposed name change of Statoil, vowing to mobilizes against…
Finance
Pollution found at Norsk Hydro in Brazil
More pollution found at the Norsk Hydro plant in Brazil Additional occurrences of pollution from the Alunorte plant in Brazil, which belongs to Norsk Hydro, have been…
Finance
Google and Facebook risk Norwegian tax of NOK 150 million
If the EU’s new rules are adopted this week, and apply to Norway,Google and Facebook may have to pay more than NOK 150 million in Norwegian digital tax. As of today,…
Finance
Cheaper to shop in Sweden
A weak Swedish krona means that Norwegians who shop on the other side of the border get more for their money. ‘’There has been a 5-6% discount on the exchange rate since…
Finance
Asians in the North Sea are paid 29 kroner per hour
Statoil has hired a lifting vessel from Dutch Heerema, accused of operating with wages all the way down to NOK 29 for Asian workers in the North Sea. “That our joint oil…
Finance
Two billions astray revealed by ATMs
Two billions astray revealed by ATMs In five years, the Tax Administration has revealed NOK 2.2 billion in hidden revenues and wealth by keeping tabs on all ATMs…
Finance
Statoil changes name to Equinor
Statoil changes name to Equinor The board of Statoil proposed changing the company’s name to ‘Equinor.’ ‘’The name Equinor combines ‘equi’,standing for equality, and…