Latest news
Norwegian gas flows to Europe, UK post modest gains in October
Norway's pipeline gas imports into continental Europe and the UK in October posted modest gains on the previous month, reaching 8.43 Bcm.
read more... 06/11/2020
Power links from Norway to have reduced capacity until end-2023
Upgrades to the grid in southern Norway during that period will lead to capacity reductions on interconnectors
read more... 05/11/2020
Norwegians Got Paid To Use Electricity As Prices Fall Below Zero
Electricity prices in parts of Norway fell below zero for the second time in history early on Monday, and residents in southern Norway ‘got paid’ for using electricity as power producers have to pay to sell electricity when prices are negative.
read more... 03/11/2020
Norway’s oil, gas exploration falls in 2020
The Norwegian petroleum directorate (NPD) said today a lack of new discoveries offshore Norway could rapidly reduce oil and gas production after 2030, as the number of exploration wells drilled this year is set to halve from 2019.
read more... 28/10/2020
Daily (19.10.2020): NBP spot reached a fresh 2020 high on Friday, due to low flows from Norway and increased demand
Crude oil prices edged lower on Friday ahead of the OPEC+ ministers’ meeting. Furthermore, doubts about demand and the worrying pace of COVID-19 pandemic also weighed on prices. Brent crude for December delivery slipped by 0.5% to settle at $42.93 a barrel, while WTI crude traded 0.2% lower at $40.88 a barrel.
read more... 19/10/2020