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Energy and manufacturing: Oil and gas
All content for subtopic oil and gas
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PPI continues to rise
The producer price index (PPI) went up by 2.9 per cent from November to December. This was the fifth month in a row with an increase and stems from rising prices on crude oil and natural gas during the period. The PPI is now at its highest level s...
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The positive development in manufacturing turnover continues
Seasonally-adjusted figures showed that the total turnover in Norwegian manufacturing increased by 2.5 per cent from September to November 2017 compared to the previous three-month period. Moreover, a 0,9 per cent increase was recorded from Octobe...
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Increased sales
Total sales of petroleum products in November amounted to 677 million liters, about the same volume as last year.
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A tough year for the extraction industry
2016 was another tough year for the industries within extraction of oil and natural gas and extraction related services. A continued price decline led to a significant fall in production value and the downsizing of the workforce.
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Prices of crude oil rose in November
The producer price index went up by 3.2 per cent from October to November. This increase was due to a sharp rise in the price of crude oil as well as prices of electricity and basic metals.
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Positive development in manufacturing turnover
Seasonally-adjusted figures showed that the total turnover in Norwegian manufacturing increased by 2.5 per cent from August to October 2017 compared to the previous three-month period. 2017. Moreover, a 1.8 per cent increase was recorded from Sept...
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Increased sales
Total sales of petroleum products in October amounted to 742 million liters, 28 million litres more than in October 2016.
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Prices on natural gas pulled up the PPI
The producer price index (PPI) rose by 2.5 per cent from September to October. The main reason for this was higher prices on natural gas.
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Rise in manufacturing turnover in the 3rd quarter
Seasonally-adjusted figures showed that the total turnover in Norwegian manufacturing increased by 1.4 per cent from the second to the third quarter of 2017. However, a 0.4 per cent decrease was recorded from August to September.
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Decrease sales continues
Total sales of petroleum products in September amounted to 715 million liters, 40 million litres less than in September 2016.
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Higher prices on energy goods
The producer price index (PPI) rose by 2.9 per cent from August to September. This was mainly caused by the price development on energy goods, which as a whole went up 7.8 per cent. Crude oil, natural gas, electricity and refined petroleum product...
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Slight increase in manufacturing turnover
Seasonally-adjusted figures showed that the total turnover in Norwegian manufacturing increased by 0.5 per cent from June to August 2017 compared to the previous three-month period. Moreover, a 1.2 per cent increase was recorded from July to augus...
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Moderate fall in manufacturing output during summer
Norwegian manufacturing output saw a minor decrease of 0.3 per cent from June to August 2017 compared to the previous three-month period, according to seasonally-adjusted figures. On a month to month basis, from July to August 2017, manufacturing ...
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Decreased sales in August
Total sales of petroleum products in August amounted to 758 million liters, 19 million litres less than in August 2016. Sales of gasoline ended at 110 million litres and diesel at 274 litres, a 5 million and 7 million litres decreas.
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Employment in the petroleum industry and related industries 2016
Reports 2017/27
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