Norway's political storm warnings prove unfounded
The country's election result should quell nerves in the oil and gas sector
Victory for the incumbent right-wing Conservative Party and its allies in Norway's general election provided a degree of relief for the oil industry. Nevertheless, parties keen to restrict the sector's growth could still prove influential during the next four-year term. The Conservatives, led by Prime Minister Erna Solberg, are regarded as the most pro-oil party of the major players in Norwegian politics. They won 45 seats on 11 September, doing better in the polls than some had forecast—the result gives their centre-right coalition a narrow majority, accounting for 89 seats out of a total of 169 seats. Meanwhile, the main opposition centre-left Labour Party lost ground, both to smaller soci
Also in this section
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy
