Oil prices lost ground on Tuesday as investors worried that the US Federal Reserve would raise interest rates sooner than expected. Hence, Brent crude decreased by 0.9%, to settle at $121.17 a barrel. U.S. WTI crude slipped by 0.7%, to settle at $118.93 a barrel.
read more... 15/06/2022
H2 Green Steel has signed a 14-TWh power purchase agreement with Norway's Statkraft for its planned low-carbon steel production plant in Northern Sweden, the companies said in a statement June 8.
read more... 09/06/2022
Norway's largest power producer Statkraft is seeking to expand the capacity of its Mauranger hydropower plant in western Norway by 630 megawatt in a bid to increase flexible power generation, it said late on Tuesday.
read more... 09/06/2022
Norway's state-controlled Equinor and its partners in the Halten East gas project have submitted the relevant development plan, which will see first production from the cluster of discoveries in 2025.
read more... 26/05/2022
Norway unveiled plans on Wednesday for a major expansion in offshore wind energy by 2040, aiming to turn a country that has built its wealth on oil and gas into an exporter of renewable electricity.
read more... 12/05/2022