Brent crude traded above $93 a barrel on Thursday, after a rally due to an output cut in Norway and optimistic U.S. economic data, although gains were checked by expectations that an EU summit was unlikely to bring concrete measures to solve the region’s debt crisis.
read more... 28/06/2012
Brent crude slipped below $93 per barrel on Wednesday over intensified worries that European leaders will not be able to solve the euro zone debt crisis at a key meeting this week, but a lower North Sea output due to a workers' strike in Norway was expected to offset losses.
read more... 27/06/2012
UK’s National Grid signed a deal with Norwegian group Statnett to develop the world’s longest subsea power cable (700 km), called the North Sea Network by 2020.
read more... 26/06/2012
Brent crude oil prices touched a one-week high above $99 a barrel on Monday after Greek pro-bailout political parties won enough seats to form a joint government, but prices have rapidly came off peaks installed as focus returned to other European countries hit by the debt crisis, as Spain and Italy.
read more... 18/06/2012
The British prime minister, David Cameron singed a new energy agreement with Norway on Thursday, one of the world’s largest exporters of fossil fuels.
read more... 07/06/2012