Latest news
Norwegian trade unions reach wage deal, avoiding strike
Norwegian oil and gas companies draw a wage agreement with employees on Saturday, ending the possible strike at five oil fields.
read more... 12/06/2017
Daily (12.06.2017): EU carbon prices posted a 2.3% week-on-week loss
Oil prices slightly increased on Friday, after steep declines previously during the week, mainly due to increased buying activity among traders, who have taken long positions after closing their prior positions earlier last week. Brent crude for August delivery added 0.61% to settle at $48.15 a barrel on the London ICE Futures Exchange, while the West Texas Intermediate for July delivery increased 0.19 U.S. dollar to settle at $45.83 a barrel on the New York Mercantile Exchange.
read more... 12/06/2017
Scotland: Wind energy met 95% of household electricity demand
Scotland moves towards its ambitious renewable energy goals, with wind and solar generation output touching new record highs in May.
read more... 12/06/2017
Norwegian union threatens strike at several oil fields
The oil output from several Norwegian fields may be disrupted starting this weekend, threatened by a potential strike by 150 oil employees if a new wage deal is not agreed before a Friday deadline.
read more... 09/06/2017
Daily (09.06.2017): UK wholesale gas prices rose 3-4% on Thursday on high gas-for-power demand
Crude oil fell for a second consecutive day on Thursday to hit a one-month low after an unexpected increase in U.S. inventories and on growing concerns over an oversupplied market following a rebound in oil production in Libya and Nigeria, which are exempt from OPEC's production cuts.
read more... 09/06/2017