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Norway’s Oil & Gas Strikes Could Take 25% Of Production Offline

If the ongoing strike of oil workers in Norway extends for another week without a resolution, nearly 25 percent of Norway’s oil and gas production could be shut down, including output at the giant Johan Sverdrup oilfield, the Norwegian Oil and Gas Association (NOG) said on Thursday.

read more... 09/10/2020

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Norway gas exports to Europe rise amid strike as other fields ramp up

European gas markets are currently well-supplied, with plenty of gas in storage. Prices are at seasonal lows due to the impact of mild winters, plentiful LNG supply and reduced energy demand during the coronavirus pandemic

read more... 07/10/2020

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Equinor plans $2 billion Breidablikk oilfield development

Equinor EQNR.OL and its partners in Norway's Breidablikk oil discovery have agreed on an 18.6 billion Norwegian crowns ($1.95 billion) development plan for the North Sea field, the state-controlled company said on Monday.

read more... 28/09/2020

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Iran Boosts Oil Output At Oilfields Shared With Iraq

Iran has raised oil production from the oilfields in its southwest it shares with Iraq to 400,000 barrels per day (bpd) from 70,000 bpd in the past seven years, Shafaq News quoted Iranian Oil Minister Bijan Zangeneh as saying on Tuesday.

read more... 16/09/2020

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National Grid boss warns Britain risks power blackouts due to a decaying electricity network as he asks Ofgem for right to raise customers' bills

Sheffield is at heightened risk of blackouts, as it is served by just two power lines Should one fail, the city could only rely on the other to provide all of its power National Grid boss John Pettigrew warned older power lines will start to 'decay'

read more... 02/09/2020

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