On Tuesday, crude oil prices remained relatively stable as the decision to prolong production cuts by Saudi Arabia and Russia was offset by renewed global macroeconomic worries. Hence, Brent crude traded at $94.34 a barrel. Meanwhile, U.S. WTI crude slipped by 0.3% to $91.20 a barrel.
read more... 20/09/2023
Norwegian energy firm Equinor and its partners will inaugurate the world's largest floating offshore wind power farm on Wednesday, whose output will supply nearby oil and gas platforms and cut their greenhouse gas emissions
read more... 23/08/2023
Floating offshore wind turbines in Norway could prove profitable for developers as early as 2035, removing the need for government subsidies, Boston Consulting Group (BCG) said on Tuesday.
read more... 16/08/2023
A slowdown in electricity consumption growth means Norway is likely to maintain a surplus in power supply in the next five years, albeit one that narrows from 20 TWh this year to 4 TWh in 2028, energy agency NVE said on Monday.
read more... 15/08/2023
Norway has approved a plan to connect Equinor's Hammerfest liquefied natural gas (LNG) plant to the national power grid in a bid to cut greenhouse gas emissions, despite local opposition, the government said on Tuesday.
read more... 09/08/2023