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Norway oil firms raise 2022 investment forecasts

Oil and gas firms in Norway have increased their 2022 investment forecasts during the last three months as the industry prepares to take advantage of tax incentives designed to boost activity, a national statistics office (SSB) survey showed on Thursday.

read more... 19/11/2021

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Daily (18.11.2021): Oil prices lost around 3% on Wednesday, due to dollar strength and fears of the US tapping into strategic reserves

Oil prices declined on Wednesday, pressured by a stronger US dollar and continued concerns of drawdowns from strategic crude reserves. Consequently, Brent oil fell by 2.6% to $80.28 a barrel and WTI crude dropped by 3% to $78.36 a barrel.

read more... 18/11/2021

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SSE to step up renewables development

SSE is to double its renewables capacity and invest in UK electricity networks under a new net zero strategy.

read more... 18/11/2021

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Bosch investing £800 million for UK hydrogen car infrastructure development

As the company moves toward a technology upgrade, it wants the H2 network to be in place.

read more... 18/11/2021

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Nord Stream 2 gas link operator to meet 'all' legislative requirements

The operator of the Nord Stream 2 gas pipeline is ready to meet all legislative requirements ahead of its launch, the Kremlin said Nov. 17, after the German regulator suspended the procedure to certify it as a gas transmission operator.

read more... 18/11/2021

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