Finance
Greenpeace: Possibly we will stop the oil drilling ourselves.
Greenpeace leader Truls Gulowsen says it’s hard to understand how the government allowed Statoil to drill in the Barents Sea without research of how this will impact the…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
Unemployment falls within the EU
The unemployment rate in the eurozone fell to 9.1 per cent in June, the lowest in eight years. The unemployment rate in the eurozone is now at its lowest level since…
Finance
Man convicted of fraud against Nav for near 1 million kroner
A 60-year-old man has been sentenced to seven months in prison for having cheated Nav for almost 1 million kroner. The man received 997,541 NOK from Nav between March…
Finance
One ton of fish seized
One ton of fish seized Over the past three weeks, Customs and border control (tollvesnet.no) has seized over a ton of fish on its way out of the country. Foreign…
Finance
Solberg happy about easier times in the oil industry counties
Prime Minister Erna Solberg is looking forward to fewer oil redundancies in Western Norway, but she cannot promise that the region has now fully recovered. The oil…
Finance
Cash support to NOK 7,500 every month
Cash support for parents caring for children at home increases to 7,500 kroner per month There will be more money for parents who choose to forego kindergarten, to stay…
Finance
Tesla delivers a cheaper electric car to customers
Tesla delivers a cheaper electrical vehicle (EV) to customers At their factory in California, the electric car manufacturer, Tesla, have delivered the first Model 3…
Finance
Decreased labour force participation among men
Labour force participation among men decreased from the 2nd quarter of 2016 to the 2nd quarter of 2017. The decrease applied for most of the age groups according to new…
Finance
Unemployment rate down to 4.3%
From April to May, 6,000 fewer people were unemployed. According to the Labour Force Survey (LFS) from Statistics Norway (SSB), in May, 120,000 were registered…
Finance
The time is about to run out for Seadrill
The time is about to run out for Seadrill Rig and Ship owner John Fredriksen is still prepared to go to court to secure refinancing of his failing rig giant company…
Finance
Road-toll projects repaid ahead of time
Several road-toll projects have repaid their costs ahead of time A review of 80 road-toll projects shows that the completed toll-gates have repaid their costs, on…
Finance
Lightning strikes cost billions
Just under two billion kroner have been paid out in compensation for lightning strikes over the past ten years. 90,000 lightning strikes were registered in Norway last…
Finance
Kjos has lost 1.5 billion in a single year
The downturn of the Norwegian stock market has hit CEO, Bjørn Kjos, the company’s largest shareholder, hard. In 2017, the Norwegian stock is down almost 40%, and from…
Finance
Stronger Norwegian krone slashes costs of foreign holidays
For the first time in nine months, the dollar is under eight kroner. This has meant cheaper holidays abroad than expected. On Tuesday morning, DNB Bank reported that the…
Finance
The wife of a Facebook founder bought a villa in Frogner for 68 million NOK
Norwegian and San Francisco resident Pia Øien Cohler, 33, married to Facebook entrepreneur Matt Cohler, has bought both a town villa and an apartment at Frogner in Oslo.…
Finance
The European Space Agency (ESA) approves support scheme for hydrogen stations
An ESA aid scheme for the development of hydrogen stations in Akershus for a total of NOK 25 million has been given the green light by the European Free Trade…
Finance
Continued increase in profits for pension funds
The result for pension funds was NOK 3.7 billion in 2016, compared to NOK 2.8 billion in 2015 Realized and unrealized gains from financial assets were NOK 10.1 billion…
Finance
Statoil opened office in the Netherlands after Norwegian tax reform
Following new tax rules in Norway in 2012, much of the international operation of Statoil was driven from the Netherlands. The purpose was to avoid double taxation.…
Finance
3.8 per cent fewer man-years in 2016 on Svalbard
3.8 per cent fewer man-years in 2016 on Svalbard The number of man-years in Svalbard fell by 3.8 per cent in 2016. It was especially the reduced activity within coal…