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Daily (20.12.2019): NBP spot gas soars 6% on Thursday due to weak flows from Norway and LNG deliveries
Crude oil futures hit a fresh three-month high on Thursday, spurred by a mix of factors: falling U.S. crude stockpiles, soothing U.S.-China trade conflict and OPEC+ output cuts. Brent crude for February delivery rose by 37 cents, or 0.6%, to settle a t $66.54 a barrel, increasing for the sixth consecutive day.
read more... 20/12/2019
Equinor set to drill Mist well
The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for a wildcat well located in the Barents Sea offshore Norway.
read more... 20/12/2019
Norway's Aker BP starts production at Valhall Flank West
Oil and gas firm Aker BP has started production at its Valhall Flank West unmanned installation in the North Sea-based Valhall field, the Norwegian company said on Tuesday.
read more... 17/12/2019
Daily (03.12.2019): NBP gas forward prices strongly bearish on Monday due to robust supplies from LNG terminals and from Norway
Brent crude declined on Monday on concerns about global oil oversupply and limited progress toward resolving the U.S.-China trade war that has clouded the outlook for oil demand. Brent lost 2.4% to settle at $60.92 a barrel.
read more... 03/12/2019
Norway's Johan Sverdrup oil giant producing well over 300,000 barrels a day, six weeks from start-up
Norway's giant Johan Sverdrup oil field is producing at rates "well above" 300,000 b/d, state-controlled Equinor said Tuesday, as official data showed the country's oil output starting to recover.
read more... 20/11/2019