Norway intends to raise its gas production capacity and is assessing the potential for constructing a pipeline from the Barents Sea to satisfy future demand in Europe, according to its gas system operator Gassco on Tuesday.
read more... 06/04/2016
Oil dropped to a one-month low on Tuesday after a surprise decline in gasoline demand in the United States, the world's biggest oil consumer, and hesitations whether oil producers can agree a production freeze to reduce a global supply glut.
read more... 05/04/2016
The Danish government declared it would try to find an economically feasible solution for gas output in Denmark's part of the North Sea, after A.P. Moller-Maersk threatened on Monday to close the country's most important gas field.
read more... 05/04/2016
Belgium’s Fluxys has given up plans to purchase a stake in Greece’s natural gas grid operator DESFA from Azeri company, SOCAR.
read more... 04/04/2016
UK is likely to lead the new crude and natural gas projects in the North Sea region by 2025, as unveiled a report from Globaldata.
read more... 01/04/2016