Economics

Norwegian chemical company Yara International ASA has entered into an agreement to acquire the Tata Chemicals Ltd’s Babrala urea plant and distribution business in Uttar Pradesh for $ 400 million …

Skanska (STO:SKAB) has bought the development property Sinsenveien 51-53 of Axer Eiendom AS. The net investment for residential purpose amounts to NOK 360M, about SEK 360M, and will be recorded …

The European bank that would suffer the smallest capital loss in a recession is DNB ASA, Norway’s biggest lender. According to the financial regulator in Oslo, DNB did so well …

A SHETLAND musician is set to grace the main stage of a top Norwegian festival this weekend. Jack Sandison, who is a guitarist and vocalist with Edinburgh rock n’ rollers …

The European Union took unprecedented legal action against the U.S. in a bid to enable Norwegian Air Shuttle ASA to serve American destinations from Ireland. The European Commission, the EU’s …

The Nordic Investment Bank (NIB) and the Norwegian special purpose vehicle Vegfinans Rv23 Dagslett-Linnes AS have signed a long-term loan agreement totalling NOK 1,000 million (EUR 106 million) for the …

Most British politicians have come to accept the outcome of the Brexit referendum, and that the will of the voters must now be carried out in a manner that best …

Norway’s property boom doesn’t look like ending any time soon. According to Real Estate Norway, average prices have increased by 7.3 percent over the past year – and as much …

NORWEGIAN PRIME MINISTER ERNA SOLBERG & UNITED NATIONS SPECIAL ENVOY FOR GLOBAL EDUCATION GORDON BROWN TO HOST MEETING OF 25 WORLD LEADERS ON JULY 4TH IN OSLO TO MAP OUT …

Norway is far from enthusiastic about the prospect of the UK remaining a member of the EEA via EFTA. The reason for this is that only Norway, Iceland, and Liechtenstein …

State Secretary Elsbeth Tronstad’s speech at an Oslo visit by the EU transport attachés. Dear Transport Attachés – dear colleagues, Norway has longstanding, good and close ties with the EU. …

The Central Bank of Norway excluded two oil companies working off the coast of Western Sahara for Morocco, because of the “serious violations of the basic ethical standards,” according to …

‘We are now seeking to intensify our cooperation with Argentina and Uruguay. The Argentine Government has initiated ambitious economic reforms, which bode well for our future cooperation,’ said Minister of …

EFTA states Switzerland, Norway, Iceland and Liechtenstein have signed in Bern a free-trade agreement with Georgia, represented by Prime Minister Giorgi Kvirikashvili. Swiss Economics Minister Johann Schneider-Ammann, who holds the …

The UK energy regulator has granted a licence to a Norwegian consortium that plans to build a 345-mile power cable to bring renewable hydro power into Britain. The NorthConnect project …

Although Norway is not an EU member, it has agreed on a voluntary contribution of €2.8 billion to promote economic and social cohesion in poorer Eastern European countries. “It’s a …

The $850bn Norwegian oil fund has drawn up contingency plans to protect its assets from extreme political events such as a military invasion or coup. This comes at a time …

BP Plc sold its Norwegian oil fields, some more than 40 years old, to a company controlled by billionaire Kjell Inge Roekkein a 10.8 billion kroner (US$1.3bil) stock deal. The …

The Research Council of Norway has pledged 160 million NOK for the establishment of eight new research centers that will work on sustainable energy production. The project has an overall …

Negotiations between NHO Service (the Norwegian confederation of the industries of services) and Parat have broken down, and if arbitration is unsuccessful, the result will be a strike at Oslo …

Norway’s industry safety body has formally imposed an order on BP to act on its crane maintenance and materials handling on the Ula and Valhall facilities. It comes after “serious” …

The Norwegian Petroleum Directorate (NPD) has granted a drilling permit to Engie E&P Norge for well 36/7-4 in offshore Norway. Engie will use the Transocean Arctic drilling facility at position …

Norway’s sovereign wealth fund has grown its share in a multi-billion-dollar US office portfolio, acquiring a further 4% stake for $142m (€125m). Norges Bank Investment Management (NBIM), responsible for the …

In the new white paper on direct ownership in state-owned enterprises the Government asks for consent to reduce state ownership in several companies. In the new white paper on direct …

You have finally done it, decided to visit Norway. Now the fun of planning for your trip begins. Today’s traveler has access to a wide array of websites to help …