United Kingdom


Norway's police downgrade threat level

OSLO Norwegian police said on Wednesday they had lowered the national threat assessment, but still regarded an attack by militants as a possibility.


Statoil plants flag in Big Oil's race for 'cleaner' crude 21 Nov 2017

LONDON There's oil and then there's oil, says Norway's Statoil , which is pitched in a race to develop the cleanest crude as countries wean themselves off fossil fuels.


Oil giants unlikely to share coal's fate, for now 17 Nov 2017

LONDON The Norwegian sovereign wealth fund's proposal to ditch its oil and gas shares, though hugely symbolic in the battle against climate change, is unlikely to cause a rush to the exit by major investors in the sector in the short term.


Turkey pulls troops out of NATO exercise over 'enemy' list 17 Nov 2017

ANKARA Turkey is pulling 40 soldiers out of a NATO exercise in Norway, President Tayyip Erdogan said on Friday, after his name appeared in a list of enemies on a poster at the drill, an incident that drew an apology from both the military alliance and Oslo.

German gas supplier VNG in talks to sell Norwegian energy business -sources 17 Nov 2017

LONDON/FRANKFURT German gas supplier VNG is in talks to sell a majority stake in its Norwegian Norge oil and gas business, which could fetch up to $500 million, three banking sources said.


Recovery rally for European stocks leaves oil sector behind 16 Nov 2017

LONDON European shares enjoyed a recovery on Thursday, snapping their longest losing streak since October 2016 as the cyclical sectors which had driven a market-wide sell-off made a comeback, though oil was a weak spot.


FTSE rebounds as earnings in focus, GKN tumbles 16 Nov 2017

MILAN The UK's top share index shrugged off weakness from oil stocks on Thursday as a handful of earnings updates were in focus, though GKN plunged on uncertainty following the ditching of its CEO designate.

Norway's $1 trillion wealth fund proposes to drop oil, gas stocks from index 16 Nov 2017

OSLO Norway's trillion-dollar (£758 billion) sovereign wealth fund is proposing to drop oil and gas companies from its benchmark index, which would mean cutting its investments in those companies, the deputy central bank chief supervising the fund told Reuters, sending energy stocks lower.

Storebrand says drops 10 coal firms from pension fund 16 Nov 2017

BONN, Germany Storebrand, Norway's largest private pension fund, said on Thursday it had dropped 10 coal companies including Germany's RWE AG from its $80 billion (60.71 billion pounds) portfolio under tighter self-imposed guidelines on climate change.


World leaders to meet under all-female co-chair team at Davos 2018 13 Nov 2017

ZURICH The next World Economic Forum of world leaders and CEOs in Davos will be chaired by women including International Monetary Fund director Christine Lagarde, Norwegian Prime Minister Erna Solberg and IBM's chief executive Ginni Rometty.