Latest news
Norway plans heavy oil ban around Svalbard
The Norwegian government has announced plans to ban heavy fuel oil (HFO), a dirty marine fuel that propels most vessels, around its Svalbard archipelago in the Arctic Ocean. The effort comes as UN efforts have been deemed too slow.
read more... 10/11/2020
Norwegian gas flows to Europe, UK post modest gains in October
Norway's pipeline gas imports into continental Europe and the UK in October posted modest gains on the previous month, reaching 8.43 Bcm.
read more... 06/11/2020
Norwegians Got Paid To Use Electricity As Prices Fall Below Zero
Electricity prices in parts of Norway fell below zero for the second time in history early on Monday, and residents in southern Norway ‘got paid’ for using electricity as power producers have to pay to sell electricity when prices are negative.
read more... 03/11/2020
Germany's RWE aims to offer hedging products for Japan power companies
RWE is hoping to profit as Japan has opened up one of the world's biggest energy markets to competition and as electricity trading activity by power companies is on the rise in the country
read more... 02/11/2020
Norway’s oil, gas exploration falls in 2020
The Norwegian petroleum directorate (NPD) said today a lack of new discoveries offshore Norway could rapidly reduce oil and gas production after 2030, as the number of exploration wells drilled this year is set to halve from 2019.
read more... 28/10/2020