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Norway-Russia relations to deteriorate following U.S. Marines' base extension - Russian embassy


OSLO Norway's decision to extend the presence of U.S. Marines on its soil will worsen relations with neighbouring Russia and could escalate tensions on NATO's northern flank, the Russian embassy in Oslo told Reuters on Saturday.

Norway offers record number of blocks for Arctic oil exploration 21 Jun 2017

OSLO Norway offered a record number of blocks for oil and gas exploration in the Arctic Barents Sea on Wednesday, brushing off concerns about the risks of drilling in the remote, icy environment.

Norwegian eyes flight pact with easyJet or Ryanair this year 16 Jun 2017

PARIS Budget carrier Norwegian Air Shuttle hopes to have deal set up with either easyJet or Ryanair this year that would bring short-haul passengers to its long-haul network.


Property insurer expects London fire payouts to exceed 25 million pounds 15 Jun 2017

OSLO This week's fire in a 24-storey block of flats in London is expected to cost property insurers more than 25 million pounds ($31.8 million), Norwegian insurer Protector Forsikring told Reuters on Thursday.

Norway cuts forecast of 2017 asylum seekers by 57 percent 14 Jun 2017

OSLO Norway has cut its forecast of asylum seeker arrivals to just 3,000 people for 2017, down from a prediction of 7,000 made in March, acting Minister of Immigration and Integration Per Sandberg said on Wednesday.


Norway's Protector is insurer in London tower fire 14 Jun 2017

OSLO Norway's Protector Forsikring is involved as an insurer in the fire that engulfed a 24-storey block of flats in London, the company said on Wednesday.


Debt collectors make Europe's bad loans pay again 14 Jun 2017

LONDON When Heli Vesanto’s Norwegian gym thought she had fallen a month behind on her membership fees, it did not contact her itself but called on one of Europe's largest debt collection companies instead.

Faroe Petroleum's appraisal well confirms potential of Brasse find 13 Jun 2017

OSLO London-listed oil company Faroe Petroleum said on Tuesday a recent appraisal well confirmed its Brasse discovery off Norway to be commercial.

Statkraft to launch sale of its stakes in two UK wind farms 13 Jun 2017

OSLO Norway's state-owned power firm Statkraft will this month offer for sale its stakes in two wind farms off Britain's coast, Sheringham Shoal and Dudgeon, and wants to complete a deal early in 2018, a spokesman for the firm said on Tuesday.

Norway oil workers agree wage deal, ending threat of strike 10 Jun 2017

OSLO Norwegian oil and gas firms secured a wage agreement with workers on Saturday, ending the threat of a strike that would have cut output at five fields, employers said.