Latest news
Italy could face an additional cost of about €1 bn for energy
After the last week conflict in Algeria, when Islamic militants attacked a complex controlled by BP PLC, Norway's Statoil ASA and Algeria's state energy company Sonatrach, Italy could face an additional cost of almost 1 billion euro (£839m) per year for energy, because of the interruption of Algerian gas supplies.
read more... 25/01/2013
Norway proposes tariff cut in its gas pipeline system
Norway's Minister of Petroleum and Energy, Ola Borten Moe, proposed on Tuesday to slash natural gas transport tariffs for new gas contracts, aiming to encourage higher production and exploration in mature fields. Norway is the world`s second largest gas exporter supplying about 18% of Europe’s needs.
read more... 16/01/2013
Turkey beats Norway as Europe’s largest oil producer
Turkey has surpassed Norway as the largest oil producer of Europe, increasing the number of its drilling rigs to 34 rigs in comparison to 26 at the end of last year.
read more... 11/01/2013
Norway the world leader in renewable energy: between myth and reality
Norway occupies a special place when it comes to renewable energy –with 95% of energy produced from hydropower, mainly due to a very good geographical position. Besides this, the energy prices are among the lowest in Europe.
read more... 26/12/2012
Norwegian oil giant Statoil to invest $7bn in North Sea project
Norway’s Statoil will develop a $7bn (£4.3bn) North Sea oil field, the largest offshore development in the UK in more than 10 years.
read more... 25/12/2012