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The World’s Biggest Wealth Fund Hits $1 Trillion

Business

Category: Energy

Norway’s sovereign wealth fund hit $1 trillion for the first time on Tuesday, driven higher by climbing stock markets and a weaker U.S. dollar. The milestone valuation was reached for the first time on Sept. 19 at 2:01 a.m. in Oslo, Norges Bank Investment Management said in a statement on Tuesday. “I don’t think anyone […]

Source: Bloomberg


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Record High Interest in Exploration on the Norwegian Continental Shelf – APA 2017

Business

Category: Energy

Not since the APA-scheme was established in 2003 has The Norwegian Ministry of Petroleum and Energy received as many applications as it did in this year’s APA-round (Awards in Predefined Areas). At the application deadline on September 1st , a total of 39 companies had submitted applications for new acreage in the best known areas on […]

Source: Regjeringen


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Nowcasting Tells the Story: Norway’s Been Fixed

Business

Category: Financial / Investment

If Norwegian central bank governor Oystein Olsen is looking for backing to start normalizing monetary policy after years of record stimulus, he should be reading the newspapers.  Or better yet, he could just take a look at Norway’s Financial News Index, a big data tool that plows through financial media for clues on the economy. […]

Source: Bloomberg


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Immunotherapy: Finding the Right Fit

Business

Category: Health

A new Norwegian research collaboration helps uncover what treatments are the right fit for American cancer patients. Who are the collaborators and what are they doing? There’s a lot of excitement and optimism concerning immuno-oncology, where the method is to utilize a person’s own immune system to treat cancer. However, excitement aside, methods such as this are often a costly experience, […]

Source: http://oslocancercluster.no/2017/09/15/immunotherapy-finding-the-right-fit/


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Steady mainland exports growth

Business

Category: Financial / Investment

Exports of goods accounted to NOK 65,3 NOK billion in August 2017, up 8,8 per cent from August last year. Mainland exports show a steady growth trend in 2017. The increase in mainland exports from August last year was 10.2 per cent. Revenues from exports of natural gas jumped, while crude oil declined. The trade […]

Source: SSB.no


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