OSLO Norway's central bank raised its main interest rate on Thursday, as expected, and said it may hike again in September and in the first half of 2020 as domestic strength trumps a global economic slowdown, strengthening the crown currency.
OSLO PGS, the world's largest seismic surveyor, called off a planned debt refinancing on Wednesday, citing worsening investor sentiment toward the oilfield services sector over the past weeks, sending the Norwegian company's shares down 24%.
OSLO Chevron plans to bring an IMO-compliant 0.5% sulfur shipping fuel blend to the market by the end of the third quarter, a company representative said on Wednesday.
OSLO Norway hope to replace absent Ballon d'Or winner Ada Hegerberg with a winning team spirit when the World Cup kicks off in France next week, coach Martin Sjoegren told Reuters.
OSLO Oslo-listed BW Offshore said it will float BW Energy this year to help expand the oil and gas business, particularly in Brazil, as its first quarter earnings rose 72%.
OSLO Equinor is investigating an oil spill at its Statfjord field in the North Sea, although the Norwegian company said on Wednesday the incident had not disrupted production.
KARMOEY, Norway/LONDON, May 14 In the cavernous
chamber of Norsk Hydro's aluminium smelter on the Norwegian
island of Karmoey, the magnetic forces are so strong they make
heavy iron wrenches float out of the hands of workers.
* Previously expected marginal revenue uplift and flat
OSLO Norwegian Air said the grounding of its Boeing 737 MAX aircraft may last until the end of August and could scupper the carrier's plan to return to profitability this year. | Video
* Shares rise 4.4 percent
(Adds CEO comments, capex guidance, analysts)