Electricity prices in parts of Norway fell below zero for the second time in history early on Monday, and residents in southern Norway ‘got paid’ for using electricity as power Continue Reading
The giant Johan Sverdrup oilfield in Norway’s North Sea is expected to increase its oil production this quarter after the Norwegian government raised the Q4 production permits for Western Europe’s Continue Reading
Oil and gas operators are expected to drill around 30 exploration wells offshore Norway this year—just half the number of exploration wells from last year and the lowest number in Continue Reading
A Norwegian offshore managers’ union agreed Oct. 9 to immediately end a 10-day strike thought to have reduced the country’s oil and gas production by around 8%, after successful mediation Continue Reading
Six Norwegian offshore oil and gas fields were shut on Monday as more workers joined a strike over pay, companies and union officials said. The strike will cut Norway’s total Continue Reading
Around 330,000 barrels of oil equivalent per day (boepd), or 8 percent of Norway’s oil and gas production, would be affected after a Norwegian workers’ union steps up a strike Continue Reading
Environmental campaigners and analysts are criticizing Norway’s plan to open new areas for oil drilling in the Arctic, saying that operations could threaten pristine areas and wildlife and potentially strain Continue Reading
The investment firm, a unit of insurer Storebrand ASA with around $91 billion under management, said Monday it sold off more than $47 million in 21 companies and excluded another Continue Reading
Western Europe’s largest oil producer, Norway, which is not officially part of the OPEC+ coalition, is cutting its oil production because of the slump in demand and prices and is Continue Reading
Norway’s oil major Equinor announced on Monday that its incoming chief executive Anders Opedal – who will replace retiring Eldar Sætre in November – has a mandate from the board Continue Reading
