Norwegian oil and gas corporation Statoil halts production at its Aasgard A field in the Norwegian Sea because of bad weather and anticipates production to recommence on Sunday, as stated by spokesperson Morten Eek on Thursday.
read more... 26/09/2014
The Finnish government on Thursday refused a request from utility Teollisuuden Voima (TVO) to expand an authorization for a new nuclear reactor in the west of the country, making the project uncertain.
read more... 26/09/2014
Brent crude oil prices remained unchanged, while U.S. crude dropped slightly in choppy trading on Thursday as healthy supply and a strong U.S. dollar helped to offset worries about tensions in the Middle East would cut disrupt output. Brent increased by 5 cents to close at $97.00 a barrel after oscillating by more than $1 between $96.22 and $97.56 throughout the session. West Texas Intermediate (WTI) fell 27 cents to settle at $92.53.
read more... 26/09/2014
Norwegian gas exports are expected to rise insignificantly this winter due to new gas fields and the conclusion of maintenance at the country's largest field, Troll, as stated by analysts at Thomson Reuters Point Carbon in their winter forecast on Wednesday.
read more... 25/09/2014
German wind turbine producer Nordex predicts its annual sales to increase by approximately 40 percent and operating profit margin to have more than doubled by 2017 because of a mix of cost reductions, innovative products and rising demand in European markets.
read more... 25/09/2014