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Daily (25.09.2023): Gas prices surged to a one-month high due to Norwegian maintenance and strong LNG demand

Oil prices were rather stable on Friday, marked by high volatility following Russia's suspension of diesel and gasoline exports, and the FED announcing the possibility of another interest rate hike. As a result, Brent crude was traded at $93.27 a barrel, while WTI crude edged 0.5% up to end at $90.03 a barrel.

read more... 25/09/2023

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Daily (18.09.2023): British gas prices rose on Friday amid Australian LNG disruptions and extended Norwegian outages

Oil prices extended their gains on Friday, as supply shortages continued to boost prices, while indicators provided favourable news on demand in China and the United States. As a result, Brent crude edged 0.2% up at $93.93 a barrel, while WTI crude advanced by 0.7% to $90.77 a barrel.

read more... 18/09/2023

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Equinor inaugurates world's largest floating wind power farm in Norway

Norwegian energy firm Equinor and its partners will inaugurate the world's largest floating offshore wind power farm on Wednesday, whose output will supply nearby oil and gas platforms and cut their greenhouse gas emissions

read more... 23/08/2023

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Norway approves more than $18 billion in oil, gas investments

Norway's government said on Wednesday it has given approval for oil companies to develop 19 oil and gas fields with investments exceeding 200 billion Norwegian crowns ($18.51 billion), part of the country's strategy to extend production for decades to come.

read more... 30/06/2023

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RWE unveils plans to invest more than €50bn in energy transition by 2030

German energy giant RWE has outlined plans to invest more than €50bn ($54.9bn) in the energy transition by 2030.

read more... 23/06/2023

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