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Norway

Norway is a Nordic country in Northern Europe, occupying the western portion of the Scandinavian Peninsula. Its capital is Oslo. The country has a population of about 5.5-million and operates a constitutional monarchy with a parliamentary system of government. Norway's economy is characterised by a mixed model combining free-market activity with substantial State ownership, particularly in strategic sectors such as petroleum, hydroelectric power and natural resources. The country is one of the world's leading exporters of oil and natural gas, with revenues from these sectors managed through the Government Pension Fund Global, one of the largest sovereign wealth funds globally. Norway is a major producer of hydroelectric power, which supplies nearly all of its domestic electricity needs and underpins its position as a leader in renewable energy. The country has pursued an aggressive energy transition strategy, promoting electric vehicles through tax incentives and subsidies, resulting in one of the highest per-capita adoption rates of electric vehicles worldwide. Norway is a member of the European Economic Area but not the European Union, allowing it access to the single market while retaining control over key policy areas. The krone (NOK) is the national currency, issued by Norges Bank. Norway's economy benefits from high living standards, low unemployment and significant fiscal reserves, positioning it as a model for resource-rich nations seeking sustainable development. The country gained full independence from Sweden in 1905 and has since developed into a prosperous, technologically advanced nation with a strong commitment to environmental sustainability and social welfare.

Norway News


EU still committed to keeping oil, coal and gas in ground in Arctic, new strategy says
20th October 2026 By: Reuters

The European Union remains committed to "ensuring that oil, coal and gas stay in the ground, including in Arctic regions," according to a new Arctic strategy presented by the European Commission... 


Nel electrolysers for green hydrogen
Nel, Rheinmetall partners to decentralise renewable fuel production in Norway
13th October 2026 By: Marleny Arnoldi

Norwegian industrial gas company Nel and German defence contractor and integrated technology group Rheinmetall have signed a memorandum of understanding (MoU) to explore joint opportunities in... 


Micromine Pitram Celebrates Double Gold at Industry Awards
Micromine Pitram Celebrates Double Gold at Industry Awards
8th October 2026

Micromine Pitram has received ‘double gold’, taking home two major industry awards in Underground Excellence (2026 Mining Magazine Awards) for its partnership with Çayeli Bakır İşletmeleri A.Ş.... 


Norwegian oil and gas infrastructure
EU to keep opposing new Arctic oil drilling, despite pressure from Norway
22nd September 2026 By: Reuters

The European Union will maintain its opposition to new oil and gas drilling in the Arctic, a European Commission spokesperson said on Monday, despite Norwegian pressure to drop the EU ban. The EU... 


Greensand carbon capture project
INEOS says EU's first full-scale carbon storage project to start operating
18th September 2026 By: Reuters

The European Union's first full-scale carbon dioxide storage is set to start operations on Friday, INEOS said in a statement. The British company's Greensand project will bury emissions beneath... 


Micromine
Mine Digitalisation That Delivers
10th September 2026

Hear how Norwegian mining company Rana Gruber approached mine digitalisation and the lessons it learned along the way. Learn what drives adoption, supports change, and helps deliver lasting... 


Carbon capture image
Europe's largest carbon capture facility opens in Netherlands
8th September 2026 By: Reuters

The largest carbon capture facility in Europe opened in the Netherlands on Monday, developed by Norwegian fertiliser company Yara International. The carbon capture and storage (CCS) facility in... 


AI factory cooling vs cloud data centers: Why liquid cooling is essential for high-density AI workloads
AI factory cooling vs cloud data centers: Why liquid cooling is essential for high-density AI workloads
26th August 2026

By Steven Carlini is the Vice President of Innovation and Data Center for Schneider Electric The AI factory era has arrived 


Norway Energy Minister Terje Aasland
Norway will drill in Arctic regardless of EU's position, says energy minister
24th August 2026 By: Reuters

Norway will continue developing its oil and gas resources in the Barents Sea regardless of the European Union's support for a moratorium on Arctic hydrocarbon supplies, and no longer sees itself as... 


An image of Bloom Lake
Champion Iron Ore’s finances strained in first quarter
30th July 2026 By: Tasneem Bulbulia

High-purity iron-ore producer Champion Iron Ore, with operations in Canada and Norway, produced 3.9-million wet metric tonnes (wmt), sales of 3.3-million dry metric tonnes (dmt), revenue of... 


Norsk Hydro Qatalum site
Norsk Hydro tops Q2 profit view as higher prices offset Qatar hit
22nd July 2026 By: Reuters

Norwegian aluminium producer Norsk Hydro reported a quarterly core profit above market expectations on Wednesday, as higher aluminium prices and stronger recycling margins outweighed weaker energy... 


Boliden's Garpenberg mine, in Sweden
Boliden lags Q2 forecasts as mine disruption, smelter ramp-up delay weigh
21st July 2026 By: Reuters

Swedish miner Boliden reported a weaker-than-expected quarterly adjusted operating profit, sending its shares 3% lower on Tuesday, hit by higher costs, disruption at its Garpenberg mine (Sweden)... 


Vaar Energi oil and gas infrastructure
Biggest independent European oil, gas producer to emerge from Vaar Energi, BlueNord deal
21st July 2026 By: Reuters

Norway's Vaar Energi said on Tuesday it will buy smaller Oslo-listed rival BlueNord to form Europe's largest independent oil and gas producer in a deal worth around $1.33-billion that sent shares... 


Photo of Martin Creamer
On-The-Air (08/05/2026)
8th May 2026 By: Martin Creamer

Martin Creamer talks about hydrogen’s growing role in energy storage, a new refuelling station at North-West University, and the need to lower manganese rail costs. 


Nel ASA CEO Håkon Volldal and Nel CFO Kjell Christian Bjørnsen.
Hydrogen enables energy storage way beyond batteries, Nel emphasises
22nd April 2026 By: Martin Creamer

Electrolytic hydrogen enables long-term energy storage way beyond what batteries can provide, which is exemplified by a 200 MW hydrogen plant in the United States having larger storage capacity... 


head and shoulders shot of Paul
Demand-side reform seen as key to unlocking EV uptake
10th April 2026

Demand-side reform, rather than manufacturing incentives, will be critical to accelerating electric vehicle (EV) adoption in South Africa, says electric mobility company Everlectric chief... 


SAPPMA webinar highlights role of EPS geofoam in reducing loads on plastic pipes
SAPPMA webinar highlights role of EPS geofoam in reducing loads on plastic pipes
23rd March 2026

The Southern African Plastic Pipe Manufacturers Association (SAPPMA) recently hosted a highly informative webinar as part of its ongoing commitment to sharing objective, non-profit industry... 


Champion advances Norwegian iron-ore takeover deal
Champion advances Norwegian iron-ore takeover deal
12th March 2026 By: Creamer Media Reporter

Canada- and Australia-listed Champion Iron said on Thursday that it had secured acceptances representing more than 90% of the shares in Norwegian iron-ore producer Rana Gruber. Shareholders... 


The new casthouse opened by Benteler at the Raufoss Industrial Park in Norway
Foundry expansion to aid sustainable production
6th March 2026

Global metal processing specialists Benteler in December announced the completion of a comprehensive modernisation of its casthouse at the Raufoss Industrial Park in Norway. The expanded production... 


Minister Tim Hodgson at the PDAC Convention this week
Canada sharpens critical minerals pitch at PDAC Convention
4th March 2026 By: Mariaan Webb

Canada used the global stage at the Prospectors and Developers Association of Canada (PDAC) Convention to sharpen its pitch as a critical minerals superpower, unveiling new funding vehicles,... 


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pqt: 0.069s - ct: 0.117s - 275pq - 2rq
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