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Daily: Nordic power declines on rainy weather

Brent crude increased to $99 a barrel on Monday after the failure of the second round of talks with Norwegian offshore oil and gas sector workers, intensifying worries of a total output shutdown, while expectations that China would ease monetary policy and improve fuel demand offset oil prices.

read more... 09/07/2012

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Sweden: Swedegas and Royal Vopak to built a LNG terminal

A new LNG terminal could be built in Gothenburg, in Sweden by 2015.It will be built at the major port in the Nordic region, and will be able to store large quantities of resources, helping the country to pass from heavy fuel oil to gas.

read more... 05/07/2012

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Daily: Nordic power down on wet weather forecast

Brent crude declined on Wednesday, but stayed above $ 100 per barrel as pessimistic economic data from all over the world fuelled expectations of a stimulus response by central bank and as rising tensions in Iran fuelled worries of an eventual supply disruption, move that supported oil prices and offset demand concerns.

read more... 04/07/2012

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Daily: Nordic power down on weaker carbon and wetter weather forecast

Brent crude slipped below $93 per barrel on Wednesday over intensified worries that European leaders will not be able to solve the euro zone debt crisis at a key meeting this week, but a lower North Sea output due to a workers' strike in Norway was expected to offset losses.

read more... 27/06/2012

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Daily: Nordic power prices trade up on drier forecast

Brent crude traded below $90 on Friday, up slightly after sharp losses in the previous session, but settled its biggest weekly loss in a about a year, as pessimistic data from top consumers in the United States and China eclipsed the outlook for demand.

read more... 22/06/2012

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