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    <title>Aaj TV English News - Business &amp; Economy</title>
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    <language>en-Us</language>
    <copyright>Copyright 2026</copyright>
    <pubDate>Mon, 01 Jun 2026 15:52:37 +0500</pubDate>
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      <title>Norway offshore oil workers plan strike over wage dispute</title>
      <link>https://english.aaj.tv/news/330459726/norway-offshore-oil-workers-plan-strike-over-wage-dispute</link>
      <description>&lt;p&gt;&lt;strong&gt;Nearly 8% of Norwegian offshore oil and gas workers plan to strike from ​June 5 if state-brokered wage mediation fails, labour union data ‌showed on Monday.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;The three unions involved have around 8,100 members involved in oil production.&lt;/p&gt;
&lt;p&gt;Of those, 617 would take part in an initial wave of strikes ​if talks break down, with the option to escalate ​action over time.&lt;/p&gt;
&lt;p&gt;It was not immediately clear whether a strike ⁠would impact Norway’s petroleum output.&lt;/p&gt;
&lt;p&gt;The workers, organised by unions Styrke, ​Lederne and Safe, are seeking pay rises above inflation and other changes ​to their contracts, but have not disclosed details of their demands.&lt;/p&gt;
&lt;p&gt;The negotiations between Norwegian oil companies and the three labour unions cover most workers on Norway’s ​offshore oil and gas installations, and failure to come to an ​agreement can lead to production curtailment.&lt;/p&gt;
&lt;p&gt;Offshore Norway, which represents the oil industry in ‌the ⁠wage talks, did not immediately respond to a request for comment.&lt;/p&gt;
&lt;p&gt;Norway produces more than 4 million barrels of oil equivalent per day, almost equally divided between crude and natural gas, and any reduction could ​impact markets at ​a time when ⁠Middle East output is curtailed by the Iran war.&lt;/p&gt;
&lt;p&gt;Norway is Europe’s largest supplier of natural gas, delivering about ​one-third of the continent’s annual consumption, and it meets around ​15% of ⁠the region’s demand for oil.&lt;/p&gt;
&lt;p&gt;Global energy prices have risen sharply this year following the US-Israeli war against Iran and the latter’s attacks on ⁠neighbouring ​countries and a blockade of the Strait ​of Hormuz, a key export route for oil and LNG from the Middle East.&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>Nearly 8% of Norwegian offshore oil and gas workers plan to strike from ​June 5 if state-brokered wage mediation fails, labour union data ‌showed on Monday.</strong></p>
<p>The three unions involved have around 8,100 members involved in oil production.</p>
<p>Of those, 617 would take part in an initial wave of strikes ​if talks break down, with the option to escalate ​action over time.</p>
<p>It was not immediately clear whether a strike ⁠would impact Norway’s petroleum output.</p>
<p>The workers, organised by unions Styrke, ​Lederne and Safe, are seeking pay rises above inflation and other changes ​to their contracts, but have not disclosed details of their demands.</p>
<p>The negotiations between Norwegian oil companies and the three labour unions cover most workers on Norway’s ​offshore oil and gas installations, and failure to come to an ​agreement can lead to production curtailment.</p>
<p>Offshore Norway, which represents the oil industry in ‌the ⁠wage talks, did not immediately respond to a request for comment.</p>
<p>Norway produces more than 4 million barrels of oil equivalent per day, almost equally divided between crude and natural gas, and any reduction could ​impact markets at ​a time when ⁠Middle East output is curtailed by the Iran war.</p>
<p>Norway is Europe’s largest supplier of natural gas, delivering about ​one-third of the continent’s annual consumption, and it meets around ​15% of ⁠the region’s demand for oil.</p>
<p>Global energy prices have risen sharply this year following the US-Israeli war against Iran and the latter’s attacks on ⁠neighbouring ​countries and a blockade of the Strait ​of Hormuz, a key export route for oil and LNG from the Middle East.</p>
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      <category>Business &amp; Economy</category>
      <guid>https://english.aaj.tv/news/330459726</guid>
      <pubDate>Mon, 01 Jun 2026 13:36:15 +0500</pubDate>
      <author>none@none.com (Reuters)</author>
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        <media:title>A floating offshore oil production vessel and an offshore wind converter platform, under construction at the Aibel yard, tower over the town of Haugesund, Norway. -- Reuters</media:title>
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