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Daily: British gas prices decline on higher supplies from Norway
Brent crude oil prices dropped on Tuesday after a global energy regulator described world supplies as “comfortable” and after analysts’ forecasts showed strong U.S. crude inventory. Meanwhile, Brent crude oil slipped 22 cents to settle at $102.60 per barrel, after trading largely within a $1 range. U.S. light, sweet crude closed down 96 cents at $94.21 per barrel.
read more... 15/05/2013
Norway plans to increase oil taxes
Norway has recently announced that it plans to increase taxes on oil companies by about 3 billion kroner (500 million dollars) while it plans also lowering taxes for traditional industries and close a tax loophole for multinational firms that shifted profits to lower-tax countries.
read more... 07/05/2013
Norway: Statoil unveils a significant discovery in the North Sea
Norwegian energy company Statoil ASA announced it has found significant new oil resources in the North Sea.
read more... 22/04/2013
Norway to delay gas tariff cuts amid major protests
Norway, which is Western Europe’s biggest gas exporter, has delayed its plans to cut tariffs on natural gas transported via the Gassled pipeline network, following protests coming from investors in the country’s pipeline system.
read more... 16/04/2013
Norway’s oil sector faces strike threat
Norway's vast oil sector could face disruption as employees at key supply bases plan to walk off the job on Monday, April 8, threatening supplies to offshore platforms.
read more... 08/04/2013