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Energy and manufacturing
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Strong growth in oil investments for 2019
Total investments in oil and gas activity in 2019, including pipeline transportation, are estimated at NOK 181.7 billion. Although the estimate is a minor downward adjustment from the previous quarter, the estimate indicates a 16 per cent investme...
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Expected pricedrop for refined products
A pricefall in June for crude oil and natural gas gave a steep decline in the prices for refined petroleum products in July. The prices for electricity got an upturn after five months of falling, and thus had a dampening effect on the producer pri...
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Increased manufacturing turnover in the second quarter
Seasonally-adjusted figures show that the total turnover in Norwegian manufacturing increased by 1.5 per cent from the first to the second quarter of 2019. On a monthly basis, from May to June 2019, the manufacturing turnover increased by 1.2 per ...
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Solid output growth in manufacturing
Norwegian manufacturing output saw an increase of 1.7 per cent in the second quarter of 2019 compared to the first quarter, according to seasonally-adjusted figures. A high level of activity in petroleum-related manufacturing was among the contrib...
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Energy in the SNOW model
Reports 2019/22
The report describes inter-industry relationships between energy industries and other sectors, showing how energy output from one industrial sector may become an input to another industrial sector, energy related or not.
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Continued optimism in manufacturing
Norwegian industrial managers report a production level increase as well as growth in the total stocks of orders in the second quarter of the year. The positive trend is expected to continue in the third quarter.
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Price decrease on energy goods
The price of electricity has steadily fallen during the spring of 2019, from the record breaking year of 2018. It continued this downward trend in June which, together with other energy products, contributed to a steep decline in the producer pric...
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Output growth in petroleum-related manufacturing
Norwegian manufacturing output saw an increase of 0.8 per cent in the period March-May 2019 compared to the previous three-month period, according to seasonally-adjusted figures. There was particularly high activity in petroleum-related manufactur...
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Manufacturing turnover slightly up
Seasonally-adjusted figures show that the total turnover in Norwegian manufacturing increased by 0.6 per cent in the period March-May 2019, compared with the previous three-month period. Increased turnover for food products contributed to the incr...
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Hand in hand with the EU
8 out of 10 foreign enterprise groups with subsidiaries in Norway were controlled from countries within the European Union. The most important ownership country outside Europe was the United States.
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Continued fall in gas prices
The price of natural gas fell for the seventh consecutive month and was the main reason behind the 1 per cent drop in the PPI in May. Higher prices on petroleum products contributed in the opposite direction.
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Unchanged manufacturing output
Norwegian manufacturing output was close to unchanged in the period February-April 2019 compared to the previous three-month period, according to seasonally-adjusted figures. On a monthly basis, from March to April, there was a solid growth in out...
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Increase in turnover for petroleum-related manufacturing
Seasonally-adjusted figures show that the total turnover in Norwegian manufacturing increased by 0.5 per cent in the period February-April 2019, compared with the previous three-month period. Strong increase in turnover for petroleum-related manuf...
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Total investments are expected to increase in 2020
Companies’ latest investment estimates for 2020 are expected to increase within oil and gas, manufacturing, mining and quarrying and electricity supply. New 2019 estimates are substantially adjusted upwards from the previous survey and show growth...
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Upward adjusted estimates for oil investments in 2019
Total investments in oil and gas activity in 2019, including pipeline transportation, are now expected to amount to NOK 183.8 billion. This is 6 per cent higher than estimated in the previous quarter.
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