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Daily (22.06.2022): British gas prices saw a relentless rise on Tuesday amid reduced flows from Russia, outages in the Norwegian production

Crude oil prices increased marginally on Tuesday amid continued supply concerns and unwillingness among OPEC nations to increase output noticeably. However, the gains were limited by coronavirus measures in China and fears of a new global recession. Hence, Brent crude rose by 0.5%, to settle at $114.65 a barrel. US WTI crude added 0.7% to $109.52 a barrel.

read more... 22/06/2022

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Equinor team evaluates potential for 1GW Norwegian floater

Equinor, Petoro, TotalEnergies, Shell and ConocoPhillips have initiated a study looking into possible options for building a 1GW floating offshore wind farm in the Troll oil field area some 65km west of Bergen, Norway.

read more... 20/06/2022

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RWE buys 1.4-GW Dutch Magnum gas-fired power plant for Eur500 million

German utility RWE has bought the 1.4-GW Magnum power station in Groningen, the Netherlands from Sweden's Vattenfall for Eur500 million ($534 million), the utilities said June 2.

read more... 03/06/2022

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Norwegian developer plans up to 6GW Swedish floater

Norwegian developer Deep Wind Offshore is consulting on an up to 6GW floating offshore wind farm planned for the Baltic Sea off Sweden.

read more... 05/05/2022

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Daily (21.04.2022): NBP spot jumped on Wednesday as maintenance curbed Norwegian flows

Oil prices changed slightly on Wednesday as concerns about economic growth and oil demand stagnation persist. Consequently, Brent crude edged 0.4% lower at $106.80 a barrel. U. S. WTI Crude edged 0.3% lower at $102.19 a barrel.

read more... 21/04/2022

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