Latest news
Equinor eyes $1 billion gain from offshore wind sale to BP
Norway’s Equinor expects to book a profit of around $1 billion from its sale of a 50% stake in two U.S. offshore wind power developments to BP, a company executive told Reuters on Thursday.
read more... 10/09/2020
Daily (25.08.2020): British front-month gas price rallied by about 10% on Monday amid reduced available export capacity in Norway
Oil prices ended higher on Monday as storms Marco and Laura expected later in the week halted more than half of oil production in the Gulf of Mexico. As a result, Brent crude rose by 78 cents, or 1.76%, to settle at $45.13 a barrel. At the same time, U.S. WTI crude settled at $42.62 a barrel, rising by 28 cents, or 0.7 %.
read more... 25/08/2020
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Sweden's Lundin Energy Q2 operating profit lags despite record output
Swedish oil firm Lundin Energy , a partner in Norway’s giant Johan Sverdrup oilfield, reported on Wednesday a worse-than-expected operating profit, despite producing record output in the quarter.
read more... 29/07/2020
Norway To Slow Onshore Wind Development Amid Protests
Norway plans stricter rules for onshore wind power installations, including turbine height and shorter project timelines, as it looks to respond to calls from the public to protect the environment when approving wind power development sites.
read more... 22/06/2020
Statkraft to begin construction of floating solar plant in Albania by end-June
Norway's Statkraft is looking to start the construction of a floating solar plant with a maximum capacity of 2 MW at the Banja reservoir in southeastern Albania by the end of June, it said on Tuesday.
read more... 17/06/2020