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Norway: Statnett obtains 0.3 bln euro loan from EIB for electricity cable to Germany

Norway's grid operator Statnett obtained a 300 million-euro ($336.33 million) loan from the European Investment Bank to finalize its electricity cable to Germany, according to the company on Friday.

read more... 02/06/2017


Norway doubles Barents Sea oil and gas resource estimates

Norway’s oil regulator, Norwegian Petroleum Directorate (NPD), announced new forecasts on Tuesday, concerning the unfound oil and gas resources in the Arctic Barents Sea area, doubling them at approximately 17.6 billion barrels.

read more... 25/04/2017


Copenhagen and Oslo support Poland’s plan to build gas connection to Norway

Polish authorities reported that the plan to build a gas pipeline connecting Poland with Norwegian gas deposits via the Baltic Sea and Denmark was approved by Warsaw's partners in Copenhagen and Oslo.

read more... 31/03/2017


Daily (30.03.2017): UK prompt gas prices rise about 3% amid lower imports from Norway

Crude oil prices boosted over 2 percent on Wednesday as U.S. crude stockpiles increased less than expected, supply disruptions were prolonged in Libya and the OPEC-led output cut deal is likely to be extended.

read more... 30/03/2017


Poland might build a LNG terminal on the Baltic Sea by 2021

Earlier this week, Poland announced about its intention to build a second liquefied natural gas (LNG) terminal on the Baltic Sea by 2021 with an estimated investment of 700 million euros ($761 million), as a possible alternative to a scheduled gas pipeline to Norway.

read more... 29/03/2017