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Thursday, November 7, 2024

Tag: energy

Norway will profit on EU’s gas cuts

The Norwegian government was quick to declare that it would support the EU Commission's decision this week to cut gas consumption by 15 percent...

Pump prices prompt tax cut proposals

Some top politicians, stunned by record-high pump prices for both gasoline and diesel, are calling for the removal of most or all of Norway's...

Petro-profits raise ‘a moral dilemma’

NEW ANALYSIS: Windfall profits from Norway's oil and gas industry aren't only fueling the country's fortunes. Ordinary Norwegians, like others all over the world,...

Energy prices set to fuel more inflation

An Oslo-based oil analyst thinks the price of a barrel of Norway's North Sea crude will rise to well over USD 100 by summer,...

Critics blow off new wind power plans

Criticism is flying once again after the Norwegian government finally launched development plans this week for two offshore wind energy fields in the southern...

Trade surplus soars on energy exports

Norway can boast its largest trade surplus ever, after exports of oil, gas and electricity at high prices last year. Metals and record-high seafood...

Electricity demand puts rivers at risk

Rising demand for electricity and its record-high rates this winter are suddenly prompting Norwegian politicians to consider sacrificing even protected rivers and waterfalls for...

SV secured ‘even better’ energy aid

Norway's Labour-led minority government had to give in once again to demands from the Socialist Left Party (SV) on Friday. All three party leaders...

State helps ease electric shocks

The government finally connected over the weekend with Norwegians shocked by their suddenly sky-high electricity bills. Starting next month, the state will provide rebates...

Inflation jumps to new 13-year high

So much for Christmas cheer: Norway's consumer price index (CPI) jumped by 5.1 percent from November last year to November 2021, according to new...
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