By , OSLO (Reuters) - Norway proposed on Thursday to temporarily ease tax rules for oil firms to try to prevent a collapse in investments due to the coronavirus pandemic and a related collapse in crude prices.The plan could boost the liquidity of oil companies by as much as 100 billion Norwegian crowns ($9.7 billion) over 2020 and 2021, Prime Minister Erna Solberg said.The companies will be allowed to write-off investments more quickly, effectively postponing tax payments until later years.Norway is western Europe’s biggest oil and natural gas producer, and represents about 2% of global...…By , OSLO (Reuters) - Norway proposed on Thursday to temporarily ease tax rules for oil firms to try to prevent a collapse in investments due to the coronavirus pandemic and a related collapse in crude prices.The plan could boost the liquidity of oil companies by as much as 100 billion Norwegian crowns ($9.7 billion) over 2020 and 2021, Prime Minister Erna Solberg said.The companies will be allowed to write-off investments more quickly, effectively postponing tax payments until later years.Norway is western Europe’s biggest oil and natural gas producer, and represents about 2% of global...WW…

Norwegian flags flutter at Karl Johans street in Oslo, Norway, May 31, 2017. REUTERS/Ints Kalnins/File Photo/File PhotoRegister now for FREE unlimited access to Reuters.comOSLO, April 16 (Reuters) - Norway, which shares a short border with giant neighbour Russia, said on Friday it has signed a revised agreement with the United States on how to regulate U.S. military activity on its soil.The agreement between the two NATO allies will let the U.S. build facilities at three Norwegian airfields and one naval base, but will not amount to separate U.S. bases, the government said.The deal made by...…Norwegian flags flutter at Karl Johans street in Oslo, Norway, May 31, 2017. REUTERS/Ints Kalnins/File Photo/File PhotoRegister now for FREE unlimited access to Reuters.comOSLO, April 16 (Reuters) - Norway, which shares a short border with giant neighbour Russia, said on Friday it has signed a revised agreement with the United States on how to regulate U.S. military activity on its soil.The agreement between the two NATO allies will let the U.S. build facilities at three Norwegian airfields and one naval base, but will not amount to separate U.S. bases, the government said.The deal made by...WW…

By OSLO (Reuters) - Norway’s supreme court upheld government plans for Arctic oil exploration on Tuesday, dismissing a lawsuit by campaigners who said they violated people’s right to a healthy environment.Slideshow While most of Norway’s oil output flows from south of the Arctic, the government believes the greatest untapped potential lies in the Barents Sea off Europe’s northernmost coast.Tuesday’s verdict upheld rulings by two lower courts, rejecting arguments by Greenpeace and the Nature and Youth group that a 2015-2016 oil licensing round giving awards to Equinor and others had breached...…By OSLO (Reuters) - Norway’s supreme court upheld government plans for Arctic oil exploration on Tuesday, dismissing a lawsuit by campaigners who said they violated people’s right to a healthy environment.Slideshow While most of Norway’s oil output flows from south of the Arctic, the government believes the greatest untapped potential lies in the Barents Sea off Europe’s northernmost coast.Tuesday’s verdict upheld rulings by two lower courts, rejecting arguments by Greenpeace and the Nature and Youth group that a 2015-2016 oil licensing round giving awards to Equinor and others had breached...WW…