Economic losses faced by Norwegian grain farmers due to the unusually wet summer is increasing, and the Norwegian Farmers' Association estimates that losses have now reached NOK 600 million.
Farmers face increasing losses
Monday, 26 September 2011 07:08
Posted in Section:
Business -
Category:
General Business
Written by Rolleiv Solholm
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On average, gross income for Norwegian farmers amounted to NOK 511 000 in 2011. This represents an increase of NOK 26 500, or 5 per cent, from the previous year, according to Statistics Norway (SSB).
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The oil company Total announces that its affiliate Total E&P Norge has made an oil discovery in the Garantiana prospect located on Production License 554 (PL554) in the Norwegian North Sea.
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Norwegian energy producer Statoil has entered its first acreage in Ghana, farming into a deepwater licence operated by Hess.
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Norwegian farmers' income from the sale of meat, milk, grain and other farm produce has increased by NOK 6 billion over the last ten years.
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Museum Nord is an umbrella organization for museums and historical information in the North of Norway, Lofoten, Vesterålen and Ofoten. There are museums and historical presentations in 8 municipalities Vågan, Hadsel, Sortland, Bø, Øksnes, Andøy, Narvik og Ballangen.
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Norway's Statoil has announced that it is farming into a Cairn Energy operated exploration licence offshore West Greenland.
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Despite a long lasting controversy, it now looks as if Parliament (Storting) will not suggest shutting down the fur industry in Norway, the newspaper Nationen reports.According to the newspaper, there is no mention of a shut-down in the coalition government's upcoming white paper on agriculture, in spite of both the Socialist Left Party (SV) and the Labor Party (AP) voting for closure. It therefore looks like the third coalition party, the Centre Party (SP) will have their way in the q..
The Norwegian Lerøy Seafood Group ASA (LSG) has agreed to purchase 50.1% of the shares in Rode Beheer BV (Rode) in The Netherlands for EUR 15.0 million.
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At its national congress this weekend, the Norwegian Labour Party (Arbeiderpartiet) voted 170 against 125 to close down the fur farming industry in Norway.
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