OSLO (Reuters) – European oil majors resisted pressure from the United States on Friday to stop all business with Iran, in spite of Washington’s drive to isolate Tehran over a nuclear program the West suspects is aimed at making bombs.
Total said it was still buying Iranian crude as it was not illegal under new U.N. sanctions, Statoil said it was providing Iran with technical assistance and ENI said it would exit Iran only when existing deals expire.
OSLO, Oct 1 (Reuters) – France’s Total is buying Iranian
crude and Norway’s Statoil is providing Tehran with technical
assistance, the firms said on Friday after Washington said
European majors will abandon all Iranian activities.
U.S. Deputy Secretary of State James Steinberg said on
Thursday Total (TOTF.PA: Quote, Profile, Research), Statoil (STL.OL: Quote, Profile, Research), Italy’s ENI (ENI.MI: Quote, Profile, Research)
and Royal Dutch Shell (RDSa.L: Quote, Profile, Research) will suspend all dealings with
Iran voluntarily to avoid American sanctions designed to
pressure Iran over its nuclear program. [ID:nN30268986]
OSLO (Reuters) – Chinese dissident Liu Xiaobo is tipped to win the 2010 Nobel Peace Prize, according to a leading bookmaker, as the Nobel Committee seeks to restore its authority after criticism of the 2009 pick of U.S. President Barack Obama.
Nobel watchers say last year’s decision to give Obama the prize less than nine months into his first term drew more criticism than the secretive Nobel Committee expected, which could favour a “safer” choice in 2010.
OSLO, Sept 27 (Reuters) – The head of the Norwegian Nobel
Institute said on Monday that a senior Chinese official told him
that awarding the peace prize to a Chinese dissident would
affect relations between Oslo and Beijing.
Nobel Institute Director Geir Lundestad’s comments came
after Czech dissident Vaclav Havel called on the Nobel Peace
Committee to award the prize to jailed Chinese human rights
campaigner Liu Xiaobo.
Lundestad, who organises the meetings of the secretive
five-member Nobel Peace Prize Committee, said China’s Deputy
Foreign Minister Fu Ying met him during a visit to Oslo this
summer to deliver the message.
OSLO, Sept 21 (Reuters) – Norwegian group Telenor ASA
(TEL.OL: Quote, Profile, Research, Stock Buzz) set new targets for improving operational efficiency by
2013 and affirmed financial targets for its fledgling India
operations, sending its shares higher on Tuesday.
Telenor, one of the world’s biggest mobile operators by
subscriptions, said the global telephony market has started to
pick up in line with economic growth, buoyed by a growing
smartphones market which feeds mobile data traffic.
OSLO (Reuters) – The IMF’s latest push for more spending on job creation and care for the poorest in society shows it is more than just a tough-love provider of economic aid in return for austerity measures, its boss said on Monday.
Since the onset of the global crisis, the fiscally strict International Monetary Fund has become an advocate for government efforts to boost the economy, believing that job creation should take priority over the need to limit mounting debts.
OSLO (Reuters) – The International Monetary Fund will reaffirm its call to extend fiscal stimulus and boost job growth when it meets labor groups and government officials to discuss the weak global economic recovery on Monday.
In a paper to be discussed at a conference co-hosted by the International Labour Organisation, the IMF argues that labor markets are in a “dire state” with more and more workers unable to find jobs for longer periods, impacting social cohesion.
OSLO (Reuters) — The International Labour Organization said Sunday it is too early to start withdrawing fiscal stimulus worldwide and recovery policy should focus on jobs and restoring lending to job-intensive small companies.
The ILO said 30 million jobs have been lost since 2008, even with new public spending plans having saved or created some 23 million jobs — albeit at the cost of fast-growing state debt.
OSLO, Sept 7 (Reuters) – Portugal’s Euro 2012 qualifying
campaign went from bad to worse on Tuesday when they suffered a
1-0 defeat away to Norway.
Portugal, held to a frantic 4-4 draw at home to Cyprus in
their Group H opener, fell behind in Oslo when Erik Huseklepp
put the ball into an empty net after John Carew had blocked a
clearance by Portuguese goalie Eduardo.
My name is Norway and I’m a petroholic.
“I’ve tried it all: Vaseline, kerosene, gasoline, jet fuel and diesel. I’ve even tried natural gas,” says a leaflet from the most controversial stand at Norway’s biggest oil and gas exhibition.
Situated next to lavish exhibits of dozens of oil and gas companies and hundreds of oil sector contractors, green group Bellona is preaching the sober message of the renewables revolution at the heart of Norway’s oil world – the ONS conference in Stavanger.