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  • Decrease in total sales of petroleum products

    Total sales of petroleum products amounted to 8.5 billion litres in 2017. This equals a 2.2 per cent reduction or approximately 189 million litres compared to 2016. Both sales of auto diesel and gasoline decreased.

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  • The price of oil drove the PPI up

    The Producer Price Index (PPI) went up by 0.5 per cent in March. The PPI has been on an upward trend since the summer of 2017, having increased in seven of the last eight months.

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  • Minor output growth in manufacturing

    Norwegian manufacturing output increased 0.3 per cent from December 2017 to February 2018 compared to the previous three-month period, according to seasonally-adjusted figures. On a month to month basis, from January to February 2018, output saw a...

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  • Manufacturing turnover slightly up

    Seasonally-adjusted figures showed that the total turnover in Norwegian manufacturing increased by 1.0 per cent from December 2017 to February 2018 compared to the previous three-month period. However, a 0.7 per cent decrease was recorded from Jan...

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  • Increased total sales

    Total sales of petroleum products in February amounted to 615 million litres, a 17 million litres increase compared to February in 2018.

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  • Crude oil down, basic metals up

    The Producer Price Index (PPI) fell by 2.6 per cent from January to February, the first month of decline since July 2017.

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  • Positive development in manufacturing turnover

    Seasonally-adjusted figures showed that the total turnover in Norwegian manufacturing increased by 2.6 per cent from November 2017 to January 2018 compared to the previous three-month period. However, a 1.8 per cent decrease was recorded from Dece...

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  • Output growth in manufacturing

    Norwegian manufacturing output increased 1.6 per cent from November 2017 to January 2018 compared to the previous three-month period, according to seasonally-adjusted figures. An increase in both petroleum-related manufacturing and other industrie...

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  • Higher electricity prices for households

    The average price of electricity for households in 2017, excluding taxes and grid rent, was 34.4 øre per kWh. This is 8.9 per cent higher than in 2016.

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  • Increased total sales

    Total sales of petroleum products in January amounted to 660 million liters, a 38 million litres increase compared to January in 2018.

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  • Solid increase in total investments for 2018

    Companies’ latest investment estimates for 2018 indicate a solid increase within oil and gas, manufacturing, mining and quarrying and electricity supply. This is mainly due to high investments within the oil and gas industry as well as in electric...

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  • Investment growth in oil in 2018

    Total investments in oil and gas activity in 2018, including pipeline transportation, are now estimated at NOK 160 billion. The estimate is 7.1 per cent higher than corresponding estimates for 2017, given in the 1st quarter of 2017.

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  • Crude oil and natural gas prices up

    The Producer Price Index (PPI) increased 3.1 per cent from December to January, which continued the overall growth that started in July 2017. The rise from December to January was led by higher prices on crude oil and natural gas.

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  • Pronounced rise in new orders

    Compared with the fourth quarter of 2016, new orders received in the order-based industry showed a considerable growth in the fourth quarter of 2017. The value of new orders in the last quarter of the 2017 is bigger than the deliveries and therefo...

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  • All-time high domestic electricity consumption

    The gross consumption of electricity came to 134.1 TWh in 2017; an increase of 0.7 per cent compared with 2016 and the highest level ever recorded.

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