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Norway budget deal will not hike spending from wealth fund, says PM

OSLO, Nov 29 (Reuters) - A deal between Norway's minority cabinet and a left-wing party to pass through the 2023 fiscal budget through parliament will not hike the state's spending from the country's wealth fund, Prime Minister Jonas Gahr Stoere told reporters on Tuesday. Reporting by Gwladys Fouche; Editing by Alison Williams
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W. Africa Crude-Record high freight rates creates hefty hangover

LONDON, Nov 28 (Reuters) - Sellers were slow to publicise offers for January loading barrels on Monday as record high freight rates has throttled demand and created a significant overhang of December cargoes that still need to clear. * Shell's Nigeria subsidiary SPDC has begun exporting limited amounts of oil from the Bonny terminal as it works to reinstate full pipeline production, a spokesperson said on Saturday.
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W. Africa Crude-Overhang, high freight weigh on market

LONDON, Nov 25 (Reuters) - Nigerian grades were under pressure on Friday due to a considerable overhang of December loading cargoes though India took a few in its latest tender. * Angola's state oil firm Sonangol has four spot cargoes available in January, but it has not yet published offer levels. The cargoes are Cabinda, Dalia, Girassol and Saxi.
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Britain's windfall tax risks North Sea cash flight, output drop, industry warns

* Equinor, Shell evaluating Britain spending * Equinor set to decide on giant Rosebank oilfield * UK North Sea firms face among highest global tax rates By Ron Bousso LONDON, Nov 22 (Reuters) - North Sea oil and gas producers hit back after Britain's decision to raise a windfall tax on the sector, warning the move risked jeopardizing investment in the ageing basin and could cut output just as Britain seeks to boost domestic production.
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Equinor sees no substantial impact from EU gas price cap

OSLO, Nov 22 (Reuters) - Norway's Equinor EQNR.OL said on Tuesday it believed the European Commission's proposed gas price cap would have no substantial impact on the company's exports to Europe. Reporting by Nerijus Adomaitis, writing by Terje Solsvik. Editing by Jane Merriman
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Norway's oil, gas firms raise investment forecasts

OSLO, Nov 17 (Reuters) - Norway's oil and gas firms have raised their investment forecasts for 2022 and 2023 as more development plans are being made, a national statistics office (SSB) survey showed on Thursday. The country's biggest business sector now expects to invest 175.3 billion Norwegian crowns ($17.50 billion) in 2022, up from a forecast of 172.8 billion made in August, the SSB said.
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Norway's oil, gas firms raise investment forecasts

OSLO, Nov 17 (Reuters) - Norway's oil and gas firms have raised their investment forecasts for 2022 and 2023 as more development plans are being made, a national statistics office (SSB) survey showed on Thursday. The country's biggest business sector now expects to invest 175.3 billion Norwegian crowns ($17.50 billion) in 2022, up from a forecast of 172.8 billion made in August, the SSB said.
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Norway will be stable energy supplier to Europe, PM says

OSLO, Nov 16 (Reuters) - Norway will be a reliable supplier of energy to Europe in the coming months, Prime Minister Jonas Gahr Stoere said on Wednesday. "We will continue to be a stable energy supplier that contributes to helping Europe get through a demanding winter," Stoere told parliament. Norway is Europe's biggest supplier of natural gas after Russia cut its supplies.
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Oil futures ease 1% as China widens COVID curbs

* For the week, Brent up 2%, WTI up 3% * U.S. diesel futures rise to highest since June * IMF cuts China's forecasts, expects 3.2% growth this year By Scott DiSavino NEW YORK, Oct 28 (Reuters) - Oil prices eased about 1% on Friday after top crude importer China widened its COVID-19 curbs, though the crude benchmarks were poised for a weekly gain on supply concerns and surprisingly strong economic data.
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Norway has intensified gas pipeline checks, Gassco head says

By Nora Buli OSLO, Oct 27 (Reuters) - Norway, now Europe's biggest supplier of natural gas, has increased its pipeline inspections in the wake of the suspected blasts on the Nord Stream system last month, the head of the country's gas supply infrastructure told Reuters. Following the Sept. 26 discovery of damage to the Nord Stream pipelines in the Baltic Sea off Sweden and Denmark, Norway has put its energy sector on high alert, deploying its armed forces to guard the pipes and offshore platform
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Nyhamna gas plant running as normal after incident, says Gassco

(Corrects source in headline to Gassco from local mayor) OSLO, Oct 13 (Reuters) - Production at Norway's Nyhamna gas processing plant was running as normal on Thursday, operator Gassco told Reuters. The plant had earlier been subject of a threat made by telephone, the mayor of the local municipality told Reuters. Reporting by Nora Buli, writing by
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Norway police say incident resolved at Nyhamna gas plant

OSLO, Oct 13 (Reuters) - Norwegian police said an incident on Thursday at the Nyhamna plant processing gas from the giant Ormen Lange field had been resolved, after responding to what they called an "unclear situation". "The situation at the Ormen Lange (plant) is clear. There will be a press statement about the incident," local police said on Twitter.
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Norway inspects subsea gas pipeline after Nord Stream blasts

* Equinor deploys specialist vessel * Norwegian energy sector on high alert By Nerijus Adomaitis and Ron Bousso OSLO, Oct 7 (Reuters) - Norway has deployed a specialist vessel to inspect a subsea gas pipeline to Germany because of safety concerns after suspected sabotage last month on two Nord Stream pipelines between Russia and Germany, according to sources and data.
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Norway inspects Europipe II subsea gas link to Germany

* Equinor deploys specialist vessel * Norwegian energy sector on high alert By Nerijus Adomaitis and Ron Bousso OSLO, Oct 7 (Reuters) - Norway has deployed a specialist vessel to inspect a subsea gas pipeline to Germany because of safety concerns after suspected sabotage last month on two Nord Stream pipelines between Russia and Germany, sources and data has showed.
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Norway's oil production seen rising by 15% in 2023

OSLO, Oct 6 (Reuters) - Norway's production of oil liquids is expected to rise by 15% in 2023 as the Johan Sverdrup field is set to ramp-up output by the end of this year, the government's draft budget showed on Thursday. "The Norwegian continental shelf must continue to be a stable and long-term supplier of oil and gas to Europe at a very demanding time," the government said.
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Norway's oil liquids production seen rising by 15% in 2023

OSLO, Oct 6 (Reuters) - Norway's production of oil liquids is expected to rise by 15% in 2023 as the Johan Sverdrup field is set to ramp-up output by the end of this year, the government's draft budget showed on Thursday. Natural gas output from Europe's largest supplier was meanwhile seen at 121 billion cubic metres (bcm) next year, compared with 122 bcm expected in 2022, the document showed.
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Norway expects to earn record $131 bln from oil and gas in 2023

(Corrects 2022 comparison in 4th paragraph to 1.17 trillion crowns, not 1.17 billion) * Government benefits from energy price surge * Government's oil and gas income to rise 18% next year * Fivefold rise in oil, gas income in 2023 vs 2021 * Will raise oil and gas tax by NOK 2 bln By Terje Solsvik and Nerijus Adomaitis OSLO, Oct 6 (Reuters) - The Norwegian government expects record income next year from its oil and gas industry, it said on Thursday, predicting a rise of 18% from this year's level
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Nord Stream 1 pipeline may use repair equipment pool

MOSCOW, Sept 29 (Reuters) - Russia's Nord Stream 1 gas pipeline may make use of the Pipeline Repair and Subsea Intervention (PRSI) Pool that provides repair equipment to member companies, it said in a statement to Reuters. The Europe Union was investigating leaks in the Gazprom-led GAZP.MM Nord Stream 1 and 2 pipelines in the Baltic Sea this week and said it suspected sabotage.
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Norway to deploy military to protect its oil and gas installations

(Recasts with military deployment, PM, comment from armed forces) By Nora Buli OSLO, Sept 28 (Reuters) - Norway will deploy its military to protect its oil and gas installations against possible sabotage after several countries said two Russian pipelines to Europe spewing gas into the Baltic had been attacked, the prime minister said on Wednesday.
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NATO and EU must cooperate to investigate Nord Stream blasts, Latvia says

VILNIUS, Sept 27 (Reuters) - NATO and the European Union's member states must jointly investigate the Nord Stream gas pipeline blasts, and cooperate on the protection of critical infrastructure, Latvia's Defence Minister Artis Pabriks said on Tuesday. Reporting by Andrius Sytas, writing by Terje Solsvik, editing by Stine Jacobsen
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