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Norway-England subsea power link to advance despite Brexit

The construction of a subsea power link between Norway and England will continue despite Britain’s decision to leave the European Union, declared Norwegian transmission grid operator Statnett.

read more... 28/06/2016

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Poland gets first spot LNG cargo from Statoil

Poland’s state-owned gas distributor PGNiG received its first spot liquefied natural gas (LNG) from Norway’s Statoil originating from its LNG facility on Melkoya Island.

read more... 28/06/2016

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Statoil gets the green light to develop its Oseberg Vestflanken 2 project

Norway’s Ministry of Petroleum and Energy has given Statoil the green light for the development of its Oseberg Vestflanken 2 project.

read more... 16/06/2016

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Daily: British spot gas prices jump on weaker imports from Norway

Crude oil prices ended down on Thursday, reversing a three-day hike after touching another 2016 high, as a stronger dollar triggered profit-taking in crude futures by investors. However, persistent worries about supply disruption in Nigeria limited losses. Brent crude oil futures closed down 56 cents at $51.95 a barrel, after declining nearly $1 earlier. It attained a 2016 high of $52.86 during the session. U.S. crude's WTI futures eased 67 cents to settle at $50.56, after falling $1 at the session low. WTI's intraday peak was $51.67, the highest level for this year.

read more... 10/06/2016

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Norway could entirely interdict fossil fuel cars by 2025

Norway will apparently prohibit the sale of new fossil fuel cars by 2025.

read more... 07/06/2016

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