Aluminium and renewable energy company Hydro is investing in building a new wire rod casthouse at its aluminium smelter in Karmøy, Norway. The ...

Norwegian aluminium producer Hydro said on Friday it will invest 1.65 billion crowns ($156.29 million) in a new facility at ...

Norges Bank Investment Management, the world's largest sovereign wealth fund, paid owner Shaftesbury Capital £570m for the 25 ...

Equinor, the Norwegian energy company, has weakened its plan for energy transition as it struggles with delivering on ...

Then $75 per month. Complete digital access to quality FT journalism on any device. Cancel anytime during your trial. Complete digital access to quality FT journalism with expert analysis from ...

Ring Energy Inc (REI) grew its proved reserves by 3% to 134.2 million barrels of oil equivalent, demonstrating successful reserve management. The fourth quarter saw a 2% decrease in production ...

Norwegian offshore oil workers often face occupational health issues due to the hazardous nature of their work. After years of struggle, they will finally receive compensation. But how much and ...

One day, the oil will run out. But rather than let the money follow the same path, the fund means Norway thinks long-term and allows it to safeguard the future of the economy. The National has spoken ...

This is true because things can always go wrong in the manufacturing process. According to Reuters, Kia has just issued a new one over problems with piston oil rings. Specifically, the mostly ...

Ring Energy agreed to acquire the oil-weighted Central Basin Platform assets of Lime Rock Resources IV LP for $100 million. Ring Energy expands Central Basin Platform footprint in $100-million deal.

The issue stems from a potentially defective piston ring, which may lead to increased oil consumption and could eventually damage the engine. Kia is recalling 137,256 Seltos and Soul models from ...

As it happens, a little over 137,000 examples of the Seltos and Soul have been manufactured with iffy piston oil rings that may result in a seized engine. The affected population is 137,256 ...