An earlier announced unexpected outage at Norway's offshore Oseberg field was annulled, leading to a restart of gas flows on the Vesterled pipeline, as stated by the gas system operator Gassco on Thursday.
read more... 19/03/2015
Norway-based shipping firm Golar LNG and Russian oil company Rosneft have entered into a deal to build up floating LNG production.
read more... 11/03/2015
Crude oil plunged on Tuesday, dragged down sharply by a rallying dollar, with Brent declining more than WTI as traders took profits on recent highs in Brent’s premium. Brent crude closed at $58.39 a barrel, down $2.14, and U.S. crude settled at $48.29, slipping $1.71.
read more... 11/03/2015
Swedish oil and gas company Lundin Petroleum has discovered gas in an exploration well at its Norwegian Zulu prospect northeast of the giant Johan Sverdrup field in the North Sea, as stated by the firm on Friday.
read more... 09/02/2015
Two separate Norwegian gas outages will be larger than earlier anticipated, diminishing export capacity by over a tenth, as stated by gas system operator Gassco on Sunday.
read more... 12/01/2015