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Energy and manufacturing: Oil and gas
All content for subtopic oil and gas
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Reduced manufacturing turnover
Seasonally-adjusted figures show that the total turnover in Norwegian manufacturing decreased by 1.4 per cent in the period December 2019 to February 2020 compared with the previous three-month period. A 1.6 per cent increase in manufacturing turn...
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Downturn in export prices in February
The producer price index (PPI) fell by 3.3 per cent from January to February. Reduced export prices on oil and gas had the largest impact, but reduced electricity prices were another contributing factor.
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Manufacturing turnover still at a high level
Seasonally-adjusted figures show that the total turnover in Norwegian manufacturing increased by 0.4 per cent in the period November 2019 to January 2020 compared with the previous three-month period. A 1.4 per cent increase in manufacturing turno...
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Electricity prices drove PPI down
The first month of the decade resulted in a downturn in the producer price index (PPI). The lion’s share of this downturn came from most of the energy goods. A smaller dip in the prices on crude oil and natural gas was joined by a larger fall in p...
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Manufacturing turnover at record level
Seasonally-adjusted figures show that the total turnover in Norwegian manufacturing increased by 2.1 per cent from the third to the fourth quarter of 2019. On a monthly basis, from November to December 2019, the manufacturing turnover increased by...
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Petroleumdriven upturn in PPI
The last month of the decade gave a large bump in the producer price index (PPI). This increase was mainly driven by the petroleum sector, while the electricity prices pushed in the other direction.
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Manufacturing turnover increases further
Seasonally-adjusted figures show that the total turnover in Norwegian manufacturing increased by 2.1 per cent in the period September to November 2019, compared to the previous three-month period. On a monthly basis, from October to November 2019,...
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Increased production value – a temporary reprieve for the extraction industries
The Norwegian oil- and gas industry had its second good year in a row because of higher oil- and gas prices in 2018. However, production is still decreasing, and the extraction industries are not showing signs of preparing for increased activity i...
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Price increase on all energy goods
After two months of fall with marginal bumps in the Producer Price Index, November did see a somewhat stronger price increase. The increase of 1,7 percent in the total index was mainly a result of increased prices on all energy products.
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Manufacturing turnover increases further
Seasonally-adjusted figures show that the total turnover in Norwegian manufacturing increased by 2.1 per cent in the period August to October 2019, compared to the previous three-month period. On a monthly basis, from September to October 2019, th...
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Spillover-effects from the offshore petroleum to the mainland economy
Reports 2019/37
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New methods increased the value added.
Reports 2019/35
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Gaps in prices on energy goods
The prices on crude oil and natural gas sank in October. However, the total index for energy goods did not go down noticeably. This was caused by the prices on both refined petroleum products and electricity getting an upturn.
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Increase in turnover for building of ships and oil platforms
Seasonally-adjusted figures show that the total turnover in Norwegian manufacturing increased by 0.7 per cent from the second to the third quarter of 2019. On a monthly basis, from August to September 2019, the manufacturing turnover increased by ...
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Shocks in supply drives energy prices
An attack on Saudi-Arabia’s oil production led to a sudden jump in oil prices, while surpluses of natural gas led to a decrease in the Norwegian producer price index (PPI). The PPI excluding energy products increased marginally, mainly due to high...
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