For Norway, Oil at $50 Is Worse Than the Global Financial Crisis

When the financial crisis brought the global economy to its knees, Norway was largely unscathed. But oil under $50? That's another story.

Norway Facing Shutdown of Oil and Gas Production

Norway, the largest producer of oil and gas in Western Europe, was on the brink of a large-scale industry shutdown on Monday that could cause an upturn in world petroleum prices, which lately have been softening because of slack economic demand.

UK energy tie-up with Norway 'could create 1,600 jobs’

Britain could see more than 1,600 jobs created under a new energy partnership with Norway to be announced by David Cameron, according to Downing Street sources.