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Norway Sees Lower Borrowing Need as Asset Sales Fill Coffers
Norway said its asset sales will help lower borrowing needs and ease yields on the debt of western Europe’s biggest oil exporter.
Fri, 24 Oct 2014 00:48:06 -0700

China’s Cnooc Considers Norway Exploration as Oil Trumps Nobel
Norway's government, which took office last year, has gone to great lengths to avoid angering China further, including snubbing Tibetan leader Dalai Lama during his visit to Norway in May.
Thu, 23 Oct 2014 18:20:57 -0700

Fredrik Strømmen New Manager of Scandi Standard Norway
Regulatory News:
Thu, 23 Oct 2014 23:53:00 -0700

Oil Workers Earning $179,000 Expose Norway to Crude Crash
Norway, where oil helped create one of the world's most stable and prosperous societies, is among the most exposed to falling crude prices. Three projects led by state-owned Statoil ASA (STL), which is borrowing and selling assets to cover dividend payments, are at risk of being delayed or shelved, said Jarand Rystad, managing partner of Oslo-based consultant Rystad Energy. "Norway is probably ...
Mon, 20 Oct 2014 07:02:13 -0700

Norway Wants to Be Europe’s Battery
A new HVDC line will let Europe store more wind energy in Norway’s hydropower system
Tue, 21 Oct 2014 12:20:21 -0700

NORWAY GAS-Maintenance fails to dent exports
Norwegian natural gas flows to Europe were unchanged on Thursday morning from the previous day, despite a gas field maintenance, data from gas system operator Gassco showed. The maintenance was expected ...
Thu, 23 Oct 2014 01:54:05 -0700

Norway Central Bank Stays Pat
Norway's central bank on Thursday left its key interest rate unchanged for a sixteenth session in a row as it saw inflation and growth in line with projections made last month.
Thu, 23 Oct 2014 01:39:02 -0700

Norway's Northug jailed over drink driving crash
OSLO (Reuters) - Norway's former Olympic cross-country skiing champion Petter Northug was sentenced to 50 days in jail on Thursday for crashing his car and injuring a friend in a drink driving accident in May. Northug, twice a gold medalist in the 2010 Vancouver Winter Games, also received a permanent driving ban and a 185,000-crown fine ($28,800) after he fled the scene of the accident in ...
Thu, 09 Oct 2014 03:23:16 -0700

Norway Approves First Direct Power Link to Germany
Norway approved the construction of the first direct electricity cable to Germany and granted a license for a link to the U.K. to aid power trading between the nations.
Mon, 13 Oct 2014 05:48:49 -0700

Norway's New Banknotes Are Works of Art
In any case, Norway's new banknotes, unveiled this week, are literally works of art. Norges Bank, the central bank of Norway, asked eight different designers to submit their proposals for the redesigned currency, to be put into circulation in 2017, and the winning design features images by Norwegian architecture firm Snøhetta on one side and Oslo-based graphic design firm The Metric System on ...
Wed, 08 Oct 2014 09:17:11 -0700

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