More content from the ministry

Joint Statement by the Ministers of Defence of the Northern Group

Today, representatives of the Northern Group - comprising Denmark, Estonia, Finland, Germany, Iceland, Latvia, Lithuania, the Netherlands, Norway, Poland, Sweden and the United Kingdom - met in Oslo on board the UK aircraft carrier, HMS QUEEN

Feasibility study on a hydrogen value chain between Norway and Germany

The joint feasibility study on a hydrogen value chain between Norway and Germany has now been published. The study shows that, given a number of assumptions, it is technically feasible to establish a value chain for transporting large quantities of

Closer cooperation between Norway and Germany to develop green industry

Norway and Germany are expanding cooperation to increase production of renewable energy and to develop green industry. The two countries have issued two joint declarations outlining the next steps in their cooperation in the areas of hydrogen,

Changes among the state secretaries

In today’s Council of State, The King has honourably discharged Mr. Bent-Joacim Bentzen as state secretary to Minister of Defence, Mr. Bjørn Arild Gram. Mr. Benzen is appointed again as state secretary to Minister of Transport, Mr. Jon-Ivar Nygård.

The National Budget 2025: A budget that provides security for the population and country, and develops the whole of Norway

Through the proposed National Budget for 2025, people will be financially better off, Norway’s preparedness against war and crime will be strengthened, and social and geographical differences will be reduced. Unemployment is still low, wages are

The National Budget 2025: Closing tax loopholes by amending the exit tax rules

In practice, the current exit tax rules function as a tax loophole. The Government wants to close this loophole and proposes, in the National Budget for 2025, to amend the exit tax rules to make them more effective and fairer.

The National Budget 2025: The Norwegian government proposes a 19 billion (NOK) increase in defence spendings

The Norwegian government proposes to increase the defense budget for 2025 by NOK 19.2 billion, up to a total of NOK 110.1 billion. The proposal fulfills the first major promise of the Norwegian long-term defence plan and exceeds NATO's target of its

The government proposes to increase the allocation for resource and environmental mapping of seabed minerals

The government will facilitate responsible, sustainable and profitable seabed mineral activity on the Norwegian continental shelf. We need more knowledge about the mineral resources, the environmental conditions in the Norwegian deep-sea areas, and

Large revenues from the petroleum industry in 2024

The state's net cash flow from petroleum activities is estimated to be 680 billion NOK in 2024. These revenues go into the Norwegian Government Pension Fund Global and are expected to provide approximately 20 billion NOK into future budgets.

Norwegian Government to expand and extend support for Ukraine’s fight for freedom

The Norwegian Government is proposing to increase the overall funding framework for the Nansen Support Programme for Ukraine to NOK 135 billion and to extend the Support Programme for an additional three years. The proposed allocation represents a

Updated Announcement for Offshore Wind at Sørlige Nordsjø II and Utsira Nord

Due to the process of notifying state aid for the offshore wind areas Sørlige Nordsjø II and Utsira Nord to the EFTA Surveillance Authority (ESA), the Ministry of Petroleum and Energy is adjusting the announcement of the project area for offshore

Prop. 2 LS (2023–2024) - Resource rent tax on onshore wind power

Statement from Foreign Minister Huitfeldt on Russia's attack in Hroza

‘Russia's horrendous attack in Hroza is yet another demonstration of their complete lack of respect for civilian lives, international law and the UN charter. Each of these attacks must be condemned and Russia must be held responsible’, said Minister

Meld. St. 1 (2023–2024) - The National Budget 2024

Meld. St. 1 (2023–2024) Report to the Storting (white paper)

A Strong Defence Budget for Demanding Times

The Norwegian Government´s proposal for the 2024 defence budget increases national defence capability and strengthens military readiness at a time of war in Europe. It also follows up Norway’s commitments to NATO and demonstrates solidarity with

The National Budget 2024: A budget to safeguard Norwegian households

The budget for 2024 provides security and opportunity for people and businesses throughout Norway. There are expenditure increases in several areas due to war in Europe, a record number of refugees and higher prices. The Government’s priorities are

The National Budget 2024: The Government will introduce a resource rent tax on onshore wind power from 2024

The Government is today presenting a modified bill for the introduction of a resource rent tax on onshore wind power from 2024. The proposal will ensure that a larger share of the value added in the wind power industry will accrue to society as a

The National Budget 2024: Key Figures in the National Budget 2024

The Ministry of Finance publishes selected key figures at 8 am, prior to the publication of the budget at 9 am. More detailed projections will be published in the National Budget.

Norway is tightening its restrictive measures against Russia

In response to Russia's unlawful war against Ukraine, Norway is tightening its restrictive measures against Russia.

Norway prolongs forest partnership with Ethiopia

Forest protection and restoration play a vital role in Ethiopia’s efforts to reduce emissions. Today at the Africa Climate Summit in Nairobi, Norway announced 25 million USD in funding to support Ethiopia’s ambitions(*).