Latest news
Daily: British spot gas increase slightly on short system
British spot gas prices recorded a slow increase on Tuesday morning as the gas system was undersupplied following weaker imports from Norway and continental Europe and gas was withdrawn from the storage.
read more... 30/10/2013
Norway: 8 new wind farms to be build in a bid to triple capacity
Norway has an excellent wind power potential. Norway has an official goal of triple its capacity to more than 2 GW and to have 67.5 % of its energy consumption from renewable sources by 2020. The potential for wind power in Norway is however much greater than this and totally there is applied for 66 TWh with wind power in Norway.
read more... 27/08/2013
Daily: British gas edges up on colder weather forecast, drop in imports from Norway
Brent crude oil dropped on Monday following news that Libya’s major Sharara oilfield and an Iraqi pipeline will resume operations, easing concerns about global oil supplies after an early hike to a three-month high above $108 a barrel on continuing unrest in Egypt.
read more... 09/07/2013
UK was 6 six hours distance from finishing its gas supplies in March
At the end of March this year the reserves of natural gas detained in storage were at one of their lowest level, due to an unusually cold winter and intensified problems at a processing plant in Norway with flows of gas supplies to Britain via the Langeled pipeline which fell significantly, along with other supplies from Belgium, being just six hours away from finishing its gas supplies.
read more... 27/05/2013
Daily: UK spot gas increases to mid-winter levels on sharply supply cuts in Norway
Brent crude oil pared losses after having declined to a three week low on Thursday in a broader commodities selloff, dragged down by a late turnaround in U.S. equities to end flat.
read more... 24/05/2013