Latest news

Statoil makes first steps into solar sector with Brazilian joint venture

Norway's oil company Statoil decided to make the first steps into the solar sector on Wednesday, associating in a joint venture with Oslo’s renewable energy firm Scatec Solar, targeting the construction of a few large solar plants in Brazil.

read more... 05/10/2017


Norway’s Statkraft steps into the German retail energy market

Norway’s Statkraft has purchased a 50 percent stake in German energy retailer enQu.

read more... 03/10/2017


Norway: Statoil and partners intend to expand production capacity at Troll gas field

Norway's Statoil and partners are trying to raise the production capacity of Troll, the country's biggest gas field, a move considers by traders as a possibility to enable the firms to create more flexibly and cover production shortages at other fields because of outages.

read more... 27/09/2017


An unfinished hydropower plant is sold by Norway’s Statkraft to Turkey’s Limak

A partially constructed hydropower plant in Turkey has been sold by Norwegian utility Statkraft to local conglomerate Limak Holding. The Turkish group will invest $400 million in the plant, which is likely to launch operations by 2021.

read more... 25/09/2017


Daily (21.09.2017): British day-ahead gas price fell 3.6% on abundant flows from Norway

Oil prices jumped 2 percent on Wednesday despite a rise in U.S. crude inventories, with the market heading for its biggest third-quarter gain in 13 years after the Iraqi oil minister declared OPEC and its partners were envisaging to deepen output reductions.

read more... 21/09/2017