Norway Mulls Withdrawals from Oil Fund

• Wednesday, 7th October 2015
• by Egypt Oil & Gas

As its currency slumps, Norway is considering withdrawing from its massive sovereign wealth fund, reported Bloomberg. Long reliant on high energy prices, the Scandinavian country has seen government tax revenues from ...

Norway’s Economy Follows Oil Price

• Wednesday, 12th August 2015
• by Egypt Oil & Gas

The economy of Norway is a “train wreck in slow motion,” according to Svenska Handelsbanken AB, reported Bloomberg. Norway is western Europe’s largest oil producer, with hundreds of offshore platforms and fields in th...