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Some oil companies in Venezuela pull expats as unrest escalates -sources


HOUSTON/CARACAS As political turmoil in Venezuela mounts, oil firms including Norwegian major Statoil ASA and Spain's Repsol SA have further reduced their already-dwindling ranks of expatriate employees in the country, sources familiar with the situation said.

Norway's wealth fund hits NOK 8 trillion milestone 25 Apr 2017

OSLO The value of Norway's sovereign wealth fund, the world's largest, rose to a record 8 trillion Norwegian crowns (729.64 billion pounds) on Tuesday, data from its manager showed, increasing the money available for public spending.


Norwegian Air takes fares fight to Asia with new London-Singapore route 20 Apr 2017

BERLIN Low cost carrier Norwegian Air Shuttle announced its first route linking London and Asia on Thursday, starting a service to Singapore as it seeks a slice of the market for business and leisure travellers on longer haul flights.

Norway's sovereign fund backs Credit Suisse executive pay 18 Apr 2017

OSLO Norway's $915 billion (732.43 billion pounds) sovereign wealth fund, the world's largest, will vote in favour of Credit Suisse's planned payouts to senior managers following a recent bonus cut, the fund said in a statement on Tuesday.


Brazil court suspends Petrobras oilfield sale to Statoil 18 Apr 2017

SAO PAULO A Brazilian court has ordered state-controlled oil company Petróleo Brasileiro SA to suspend the sale of its stake in an exploratory block to Norway's Statoil ASA after a union argued there should have been an open bidding process.


Printed titanium parts expected to save millions in Boeing Dreamliner costs 10 Apr 2017

SEATTLE Boeing Co hired Norsk Titanium AS to print the first structural titanium parts for its 787 Dreamliner, a shift that the Norwegian 3-D printing company said would eventually shave $2 million to $3 million off the cost of each plane.


Norway court extends Russian teen's detention in 'bomb' inquiry 10 Apr 2017

OSLO An Oslo court ruled on Monday that Norwegian police could continue to detain a Russian teenager while they investigate suspicions that he was plotting an attack with a primitive explosive device.


Norway raises threat level after Oslo bomb scare 09 Apr 2017

OSLO Norwegian police raised the country's security threat level following the discovery of an explosive device in central Oslo late on Saturday.


Oslo police detonate 'bomb-like device'; suspect in custody 09 Apr 2017

OSLO Norwegian police set off a controlled explosion of a "bomb-like device" in central Oslo early on Sunday and were holding a suspect in custody in an investigation led by security police. | Video

Norway police to carry weapons at Oslo airport and main cities after Stockholm attack 07 Apr 2017

OSLO Police in Norway's largest cities and at Oslo's airport will be carrying weapons until further notice following an attack in Stockholm on Friday, Norwegian police said in a tweet.