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Poland aims to say 'goodbye' to Russian gas by 2022

Poland, through expanding its LNG sources to Norway and Qatar this summer, targets to be on the road towards independence from Russian gas imports by 2022.

read more... 25/05/2016

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Lithuania, Estonia trimmed gas imports from Russia

Lithuania reduced its imports from Russia by 63.2% in the first quarter of 2016 compared with a year earlier to 255 million cubic meters (mcm), as all major Lithuanian gas importers this year started to purchase gas from Norway's Statoil.

read more... 23/05/2016

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Norway awards new offshore drilling licenses in Barents Sea for the first time in 2 decades

Norway’s government awarded on Wednesday 10 new licenses for offshore oil and gas exploration in the Barents Sea, including three in previously untapped waters near the Russian border.

read more... 19/05/2016

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Hydropower drives Vattenfall, Statkraft profits, Fortum hit by reduced prices

Sweden's Vattenfall and Norway's Statkraft registered higher first-quarter earnings on Thursday, sustained by higher hydropower production, while fossil-fuel reliant Finnish Fortum's profit dropped.

read more... 29/04/2016

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Norway confirms approval for E.ON to construct onshore wind farm

Norwegian Oil and Energy Ministry declared on Thursday it has given the final approval for Germany's E.ON to construct a wind power park of 155 megawatts in southeastern Norway.

read more... 22/04/2016

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