Latest news
Daily: British gas prices decreased due to higher supplies from Norway
Brent futures slightly increased on Thursday, holding near $110 a barrel amid expectations of higher demand from top oil consumer the United States since a sharp decline in the country's gasoline stocks added to latest data leading to a stronger economy.
read more... 29/05/2014
Norway: Statnett welcomes UK power connection rule suggestions
Suggested UK regulations on running power links to Europe have raised the chances of setting up the first power connection between Britain and Norway, according to the statement made on Monday by Norwegian power grid company Statnett.
read more... 27/05/2014
Norway: cut in gas exports lower than expected
On Wednesday, work at a gas field off Norway should start, leading to a cut in production of 18 million cubic metres per day rather than an expected 26 mcm per day, as published by the gas system operator Gassco on its website.
read more... 23/04/2014
Shell abandons innovative Norwegian Subsea gas project
Royal Dutch Shell has abandoned one of Norway's major and most modern industrial projects because of increasing costs and intricacy, facing a blow to equipment expected to develop offshore production.
read more... 14/04/2014
Statoil makes another oil and gas discovery in the North Sea
A new gas and oil discovery has been made by Norwegian oil major Statoil in the northern part of the North Sea, about 10 kilometers of the Valemon gas and condensate field presently under development, as stated by the company on Friday. It is the second substantial finding off Norway in two days.
read more... 14/04/2014