Latest news
Lundin makes two oil discoveries near Edvard Grieg field offshore Norway
Lundin Petroleum has confirmed more oil reserves in the PL338 license on the Utsira High on the Norwegian continental shelf through the drilling of the 16/1-31 S (Jorvik) and (16/1-31 A) Tellus East exploration wells.
read more... 21/06/2019
Norway seeks to open areas to hold up to 3.5 GW of floating wind
Norway’s Ministry of Petroleum and Energy will consider opening two offshore areas for applications to build floating wind parks with a total potential capacity of up to 3.5 GW, it announced today.
read more... 20/06/2019
Norway powers up its largest onshore wind farm
A 255.6MW onshore wind farm claimed to be the largest in Norway is now up and running.
read more... 13/06/2019
PGNiG buys stakes in Total’s Norway licenses
Polish state-controlled oil and gas company PGNiG announced the acquisition of stakes in two licenses owned by French supermajor Total, Kallanish Energy learns.
read more... 12/06/2019
Daily (11.06.2019): NBP spot jumped by 7.2% on Monday, due to annual maintenance works in Norway
Crude oil prices fell on Monday as Russia and Saudi Arabia didn’t yet agree on extending an output cutting deal, while US-China trade negations are still far from a positive outcome. As a result, Brent crude dropped by 1.6.% to $62.29 a barrel on Friday, while WTI futures lost 1.4% to settle at $53.26 a barrel.
read more... 11/06/2019