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Nerijus Adomaitis

Norsk Hydro's earnings delayed by five weeks due to March cyber attack

12 Apr 2019

OSLO Norsk Hydro, one of the world's largest aluminum makers, will postpone its first-quarter earnings report by more than a month as it struggles to recover from a March cyber attack, the company said on Friday.

'Climate before cash': young Norwegians call time on oil industry

12 Apr 2019

OSLO When Norway's largest political party decided that the Lofoten Islands in the north should not be opened up to oil exploration, a chill ran down the spine of the energy industry.

Online ad firm Adevinta up 13 percent in Oslo's most valuable IPO since 2006

10 Apr 2019

OSLO Adevinta shares jumped nearly 13 percent on Wednesday as the online advertising group made its market debut in Oslo, a day after completing Norway's most valuable initial public offering in 13 years.

Equinor again delays start-up of Britain's Mariner oilfield

10 Apr 2019

OSLO The operator of the Mariner heavy oil field, one of Britain's largest offshore developments in years, postponed its start-up to summer 2019 on Wednesday for safety checks on the platform's electrical couplings.

Norsk Hydro's initial loss from cyber attack may exceed $40 million

26 Mar 2019

OSLO Norwegian aluminum maker Norsk Hydro may have lost more than $40 million in the week that followed a cyber attack that paralyzed parts of its operations, and a full recovery of IT systems will take weeks or more, the company said.

Norway hikes rates, in rare example of monetary tightening

21 Mar 2019

OSLO Norway's central bank raised its main interest rate on Thursday, as expected, and said its next hike may come earlier then previously planned, strengthening the crown currency against the euro.

Nordic metals firm Hydro restoring systems after cyber attack

20 Mar 2019

OSLO Norsk Hydro, one of the world's largest aluminium producers, has made some progress restoring operations but is not yet back to normal after it was hit by a ransomware cyber attack, the company said on Wednesday. | Video

Norway lauds Solskjaer's Paris smash-and-grab

07 Mar 2019

OSLO Norwegian media wasted no time in popping the champagne corks for Manchester United coach Ole Gunnar Solskjaer after he pulled off one of the most sensational Champions League victories in the club's history to beat Paris St Germain.

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