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United Kingdom

Norway

Statoil wins licences off UK, 'resets' exploration off U.S

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OSLO Norway's Statoil was the second top bidder for 13 oil exploration leases in the U.S. Gulf of Mexico and won six licences offshore Britain, it said on Thursday, in a sign it may be looking to boost reserves after slashing costs.

Turkey summons Norwegian ambassador over asylum seekers in Norway - foreign ministry spokesman 22 Mar 2017

ANKARA The Turkish foreign ministry summoned the Norwegian ambassador to Ankara after Norway granted refuge to four Turkish asylum seekers blamed by Turkey of being involved in a July coup attempt, the spokesman for the foreign ministry said on Wednesday.

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EU outsiders Norway and Iceland draw closer as Brexit looms 22 Mar 2017

OSLO European Union outsiders Norway and Iceland must boost their policy coordination in response to Britain's planned departure from the block, as well as other changes in global politics, the two Nordic countries said on Wednesday.

Norway's wealth fund says ethics profile has cost $1.4 billion in a decade 21 Mar 2017

OSLO Norway's $915-billion (734.52 billion pounds) sovereign wealth fund, the world's largest, is earning less money because of divestments it has made over the past decade due to ethical considerations, it said on Tuesday.

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Statoil confirms Sverdrup oilfield cost estimate 21 Mar 2017

OSLO Statoil confirmed on Tuesday its cost estimate for developing Norway's Johan Sverdrup oilfield, the largest North Sea discovery in decades, and announced contract awards for the second and final construction phase.

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Norway unseats Denmark as world's happiest country - report 20 Mar 2017

NEW YORK Norway displaced Denmark as the world's happiest country in a new report released on Monday that called on nations to build social trust and equality to improve the wellbeing of their citizens. | Video

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Norwegians count their blessings in world's happiest nation 20 Mar 2017

OSLO/COPENHAGEN Norwegian law student Karen Nerbo summed up the feelings of many on Monday as her country was named the world's happiest country.

A new breed of sovereign wealth fund - without the wealth 20 Mar 2017

LONDON Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging - in countries with large deficits and deep debt.

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A new breed of sovereign wealth fund - without the wealth 17 Mar 2017

LONDON Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging - in countries with large deficits and deep debt.

Norway proposes record number of Barents oil exploration blocks 13 Mar 2017

OSLO Norway announced preliminary plans on Monday to nominate a record number of blocks for oil and gas exploration in the Barents Sea, drawing criticism from environmentalists.

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