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UK

Oil lobby: Norway strike could cut gas output by 13pc

Oil output could be cut by 130,000 barrels per day, NOG added, corresponding to around 6.5 per cent of Norway’s production, according to a Reuters calculation. — Reuters pic Monday, 04 Jul 2022 7:36 AM MYT OSLO, July 4 — A planned strike next week by Norwegian energy sector workers could cut the country’s gas […]

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UK

Norway strike could cut gas output by 13% next week, oil lobby says

OSLO, July 3 (Reuters) – A planned strike next week by Norwegian energy sector workers could cut the country’s gas output by 292,000 barrels of oil equivalent per day, or 13% of output, employers’ group the Norwegian Oil and Gas Association (NOG) said on Sunday. Oil output could be cut by 130,000 barrels per day, […]

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World

Oil price fall: Fear of recession grows over uncertainty over future OPEC output

According to reports, Brent crude futures for September delivery fell $3.42 (£2.82), or three percent, to settle at $109.03 (£89.96) per barrel. The August contract, which expires on Thursday, fell $1.45 (£1.20), or 1.3 percent, to settle at $114.81)(£94.73) a barrel. The US West Texas Intermediate (WTI) crude futures fell $4.02 (£3.32), or 3.7 percent, […]

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UK

Offshore Oil Workers’ Strike on Equinor’s Platforms Could Shut 4% of Norway’s Oil Output

Some 74 Norwegian offshore oil workers at Equinor’s Gudrun, Oseberg South and Oseberg East offshore platforms will go on strike from July 5, the Lederne trade union said on Thursday, likely shutting about 4% of Norway’s oil production. The announcement by Lederne, the smallest of Norway’s three oil workers’ unions, follows a vote by its […]

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Science

CIL to up output to 100MT by FY30 using eco-friendly tech

By Express News Service NEW DELHI:  State-owned Coal India (CIL) is exploring ramping up its UG (underground) production by four-fold to 100 million tonnes (MTs) by FY2030 using a slew of eco-friendly technologies.  India’s largest coal producer said it is taking a close look at green mining options in a bid to minimise adverse environmental […]

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UK

Norway transformer failure curbs output by 460 MW – Statnett | Montel

(Montel) A transformer failure at the Salten substation in Northern Norway (NO4) cut production at seven hydropower plants by 460 MW to 190 MW until Wednesday at 23:59 CET, Norwegian TSO Statnett said on Monday. The failure started late Sunday at the Sundsfjord, Siso, Lakshola, …… Source link

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UK

Potential Norway oil and gas strike could hit output, employers say

A general view of Equinor’s Johan Sverdrup oilfield platforms in the North Sea, Norway, December 3, 2019. REUTERS/Ints Kalnins/File Photo Register now for FREE unlimited access to Reuters.com Register OSLO, June 10 (Reuters) – Norway’s petroleum output could be reduced by unspecified amount if workers go on strike at nine offshore fields on Sunday, the […]

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UK

Potential Norway Oil and Gas Strike May Hit Output

Norway’s petroleum output could be reduced by unspecified amount if workers go on strike at nine offshore fields on Sunday, the Norwegian Oil and Gas Association (NOG) said on Friday. Some 845 workers out of roughly 7,500 employees on offshore platforms plan to strike from June 12 if annual pay negotiations with employers fail, trade […]

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UK

Potential Norway oil and gas strike may hit output, employers say

OSLO, June 10 (Reuters) – Norway’s petroleum output could be reduced if workers go on strike on Sunday, the Norwegian Oil and Gas Association (NOG) said on Friday. Some 845 workers out of roughly 7,500 employees on offshore platforms plan to strike from June 12 if annual pay negotiations with employers fail, trade unions Safe, […]

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UK

Mowi keen to grow salmon output as Norway prepares for new license auction

Mowi keen to grow salmon output as Norway prepares for new license auction Undercurrent News Source link