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Europe Top News and Analysis Norway

  • *Norway keeps ban on two Super Puma models in place for now. OSLO, April 28- The fatal crash of an Airbus helicopter in Norway last year was the result of metal fatigue in the aircraft's gearbox, the country's Accident Investigation Board said in a report on Friday, confirming its initial findings last June. The flight was operated by Canada- based CHC Helicopter,...

  • *Norway may provide cleanly produced hydrogen to Japan. OSLO/ MELBOURNE/ TOKYO, April 28- Norway and Australia are racing each other to show they can supply Japan with hydrogen, hoping to fulfil its ambition to become the first nation significantly fuelled by the super-clean energy source. While Australia has planned to derive liquid hydrogen from brown coal for...

  • *Norway may provide cleanly produced hydrogen to Japan. OSLO/ MELBOURNE/ TOKYO, April 28- Norway and Australia are racing each other to show they can supply Japan with hydrogen, hoping to fulfill its ambition to become the first nation significantly fueled by the super-clean energy source. While Australia has planned to derive liquid hydrogen from brown coal for...

  • LONDON, April 27- Storebrand, Norway's largest private pension fund, on Thursday launched two new fossil-free funds and called on the government to cut the nation's exposure to coal and other fossil fuels. Norway's $900- billion sovereign wealth fund, the world's largest and built on oil and gas revenues, has sought to lead the shift from investment in coal, the...

  • CPPIB began buying farmland in North America in 2012 and has since purchased about 120,000 acres in the United States and a similar amount in Canada. The country's biggest public pension fund purchased 115,000 acres of Saskatchewan farmland from Assiniboia Farmland LP in 2013 for C $128 million and had intended to invest another C $500 million in Canadian...

  • OSLO, April 25- Norway's portion of the Barents Sea could contain twice as much undiscovered oil and gas as previously thought when a newly mapped area bordering Russia is included, raising the prospect of drilling in environmentally sensitive ice-covered waters. The Norwegian Barents Sea could hold 2.8 billion standard cubic meters oil equivalent,...

  • STOCKHOLM/ OSLO, April 25- The European Commission is investigating whether mobile network operators in Sweden have abused their market position or engaged in anti-competitive practices to block competitors from entering the market, it said on Tuesday. In the first half of 2016, the four collectively generated 96 percent of revenues in the Swedish mobile...

  • *Internal investigation finds payments were made in Syria. ZURICH, April 24- LafargeHolcim Chief Executive Eric Olsen will leave the company in July after the world's largest cement maker admitted on Monday it had paid armed groups to keep a factory operating in war-ravaged Syria. An independent internal inquiry found protection payments made to...

  • *China could surpass its 2020 climate targets. BEIJING, April 11- China, Brazil, India and South Africa have urged industrialised countries to honour financial commitments made in Paris in 2015 to help developing countries fight against global climate change, they said in a statement on Tuesday. Climate financing was a major bone of contention during...

  • *China could surpass its 2020 climate targets. BEIJING, April 11- China, Brazil, India and South Africa have urged industrialized countries to honor financial commitments made in Paris in 2015 to help developing countries fight against global climate change, they said in a statement on Tuesday. Climate financing was a major bone of contention during...

  • *Oil companies' reserve life drops after writedowns. LONDON, April 11- As crude prices recover, oil majors face a dilemma how quickly should they seek to replenish reserves? BP and Italy's Eni saw a slight increase.

  • STOCKHOLM, April 9- An Uzbek man suspected of ramming a truck into a crowd in Stockholm, killing four people, had expressed sympathy for Islamic State and was wanted for failing to comply with a deportation order, Swedish police said on Sunday. Two of those killed were Swedes, one was a British citizen and the other from Belgium, Hysing said of the attack, which echoes...

  • STOCKHOLM, April 9- An Uzbek man suspected of ramming a truck into a crowd in Stockholm, killing four people, had expressed sympathy for Islamic State and was wanted for failing to comply with a deportation order, Swedish police said on Sunday. Two of those killed were Swedes, one was a British citizen and the other from Belgium, Hysing said of the attack, which echoes...

  • STOCKHOLM, April 9- An Uzbek man suspected of ramming a truck into a crowd in Stockholm, killing four people, had expressed sympathy for Islamic State and was wanted for failing to comply with a deportation order, Swedish police said on Sunday. Those attacks were claimed by Islamic State, but there has been no such claim yet for the Stockholm assault.

  • STOCKHOLM, April 9- An Uzbek man suspected of ramming a truck into a crowd in Stockholm, killing four people, had expressed sympathy for Islamic State and was wanted for failing to comply with a deportation order, Swedish police said on Sunday. Those attacks were claimed by Islamic State, but there has been no such claim yet for the Stockholm assault.

  • By Gwladys Fouche and Terje Solsvik. OSLO, April 7- Norway's $915 billion sovereign wealth fund, the world's biggest, stepped up pressure on the companies it invests in with a call for them to be more transparent about taxes and to overhaul executive pay. Norges Bank Investment Management, which invests the proceeds of Norway's vast offshore oil and gas...

  • VALLETTA, Malta- European Central Bank President Mario Draghi, chair of the supervisory board DaniEele Nouy and Vice-President Vitor Constancio participate in an informal ECOFIN meeting in Valletta. VALLETTA, Malta- European Central Bank President Mario Draghi, chair of the supervisory board DaniEele Nouy and the ECB's executive board member Benoit...

  • VALLETTA, Malta- European Central Bank President Mario Draghi, chair of the supervisory board DaniEele Nouy and Vice-President Vitor Constancio participate in an informal ECOFIN meeting in Valletta. VALLETTA, Malta- European Central Bank President Mario Draghi, chair of the supervisory board DaniEele Nouy and the ECB's executive board member Benoit...

  • April 6- Norway's $915 billion sovereign wealth fund, the world's largest, wants the firms it invests in to end long-term incentive schemes for chief executives, the Financial Times reported on Thursday. The fund, which also invests the proceeds of Norway's oil and gas revenues in fixed income and real estate, is planning to present its updated policy on Friday,...

  • Computer generated image of Norway's Stad tunnel in use

    Norway is to build the world’s first sea tunnel to enable ships to bypass the dangerous waters of its western coast.