The petroleum industry is very important to Norway. The industry accounts for a third of state income (2005 figures). Around 80 000 people are employed by petroleum-related businesses, and the knock-on effects on other industries are ... + More

16/03/2006 :: During the period 2006-2010, the Norwegian government will give NOK 250 million (EUR 31,3 million) more to aid poor nations avoid internal struggles over oil. "Oil for Development" was launched in 2005 and aims to help developing nations better manage their oil resources. + More

05/12/2005 :: Norway is the world’s third largest exporter of both oil and gas. Its role as an oil and gas nation is important for the country’s economy as well as for the energy supply security of our trading partners. + More