Monday, December 23, 2024

Norwegian Central Bank News

Norway Oil Firms Raise 2017 CapEx Forecasts

Norway's oil companies have increased their 2017 investment plans in the last three months, signalling a smaller-than-expected contraction for the industry, a survey by the statistics office showed on Thursday.

Norway Oil Companies Lower 2017 Spending Plans

Norway's oil companies have lowered their 2017 investment plans, a Statistics Norway survey showed on Wednesday, raising the chances of a central bank interest rate cut in the coming months. Norway's biggest…

Norway's Oil Fund Takes France's Alstom Off Ethics Risk List

Norway's $837 billion sovereign wealth fund, the world's largest, has removed power and transport company Alstom SA from its ethics observation list, the fund said on Tuesday. The fund said Alstom joined the list in 2011…

Norway's Oil Fund to Target Green Energy Infrastructure

Norway's $850-billion sovereign wealth fund, the world's largest, would target investments in renewable energy, the transport sector and grids, if it were allowed to invest in unlisted infrastructure, the fund's CEO told Reuters on Tuesday.

Norway Oil Investment Forecasts Slashed Further

Oil companies have cut their expectations for investments in Norway in recent months, fresh data showed on Tuesday, and economists said they are likely to continue scaling back ambitions as the price of crude continues to fall.

Norway's Oil & Gas Investment to See Steeper Fall

Investments seen falling 13.9 pct in 2015 vs 2014; investments were seen down 12.3 pct over same time in June. Crown weakens after data. Norway's oil and gas investments, a key ingredient of economic growth…