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Energy and manufacturing: Manufacturing, mining and quarrying
All content for subtopic manufacturing, mining and quarrying
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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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Rise in crude oil price
A price increase on crude oil made for an overall increase in the producer price index (PPI) in April. The increase was somewhat reduced by a fall in prices of natural gas and electricity.
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Minor output decline in manufacturing
Norwegian manufacturing output saw a minor decline of 0.4 per cent from the fourth quarter of 2018 to the first quarter of 2019, according to seasonally-adjusted figures. Petroleum-related manufacturing had a clear increase in this period, while o...
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Manufacturing turnover flattens out in the first quarter
Seasonally-adjusted figures show that the total turnover in Norwegian manufacturing was almost unchanged in the first quarter of 2019, compared with the last quarter of 2018. On monthly basis, from February to March 2019, the manufacturing turnove...
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Positive signals from the supplier industry
Norwegian industrial managers report a production level increase as well as growth in employment in the first quarter of the year. The positive trend is expected to continue in the second quarter, and especially for suppliers to the oil gas industry.
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Lower gas prices
A fall in prices on natural gas and electricity outweighed a slight rise in the oil price in March. The producer price index fell by 2.1 per cent this month.
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Unchanged manufacturing turnover
After several periods with increased turnover in Norwegian manufacturing, seasonally-adjusted figures show that the total turnover in Norwegian manufacturing was almost unchanged in the period December 2018 to February 2019, compared with the prev...
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