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Energy and manufacturing
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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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Electricity prices increase for households
The average price of electricity for households, excluding taxes and grid rent, was 33.1 øre per Kwh in the second quarter of 2017. This is an increase of 15 per cent compared to the second quarter in 2016.
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Employment in the petroleum industry and related industries 2016
Reports 2017/27
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Crude oil and petroleum products pulled up the PPI
The producer price index (PPI) rose by 0.4 per cent from July to August. This broke a downward trend in the PPI as it went down the previous five months.
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Growth in manufacturing output
Norwegian manufacturing output saw an increase of 1.0 per cent from May to July 2017 compared to the previous three-month period, according to seasonally-adjusted figures. On a month to month basis, from June to July 2017, manufacturing output wen...
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Fall in manufacturing turnover
Seasonally-adjusted figures showed that the total turnover in Norwegian manufacturing decreased by 1.3 per cent from May to July 2017 compared to the previous three-month period. However, a 0.9 per cent increase was recorded from June to July 2017.
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Downward adjusted decline in oil investments for 2017
The investment estimate for oil and gas extraction and pipeline transport indicated for 2017 is lower than estimated in the previous survey. Estimates for 2018 suggest a further decline next year. At the same time new projects are expected to be i...
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Moderate decline in total investments for 2017
The companies’ latest investment estimate for both 2017 and 2018 indicate a moderate decrease within oil and gas, manufacturing, mining and quarrying and electricity supply. This is due to lower investments in the oil and gas industry. The overall...
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Total sales remained stable
Total sales of petroleum products in July amounted to 720 million liters, about the same volume as last year. Sales of gasoline ended at 116 million litres, almost same volume as last year. Sales of diesel amounted to 257, an increase at 9 million...
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Stocks of orders down again
Compared with the second quarter of 2016, total stocks in the order-based industry fell by 9.0 per cent in the second quarter of 2017.New orders were up 5.7 per cent in the same period.
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Natural gas prices pulled down the PPI
The producer price index (PPI) fell for the fifth month in a row from June to July. This time it was lower prices on natural gas that were the most important contributor.
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Small increase in manufacturing output in the second quarter
Norwegian manufacturing output saw a minor increase of 0.7 per cent in the second quarter of 2017 compared to the previous quarter, according to seasonally-adjusted figures. From May to June 2017, manufacturing output went down 0.6 per cent.
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Manufacturing turnover fell in the second quarter of 2017
Seasonally-adjusted figures showed that the total turnover in Norwegian manufacturing decreased by 1.3 per cent from the first to the second quarter of 2017. However, a 0.2 per cent increase was recorded from May to June 2017.
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Still difficult for petroleum-related manufacturing
Norwegian industrial managers report a production decline compared with the first quarter of 2017, still driven by suppliers to petroleum related manufacturing. The general expectations for the third quarter of 2017 are positive among most of the ...
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