Norway
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Middle East-style oil wealth combined with a generous Nordic welfare model is slowly throttling big chunks of Norway's economy.
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LONDON, April 5- Britain's biggest gas storage site ran dry of normal supply on Friday and is using gas usually reserved for the technical operation of the site, National Grid data showed.
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*Cermaq shares down 2.5 pct, Copeinca shares up 3.8 pct. OSLO, April 5- Norwegian fish farmer Cermaq agreed to take over Copeinca, a Peruvian producer of fishmeal and fish oil, beating out China Fishery Group with a bid that values the firm at $600 million.
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DUBAI, March 31- UK stocks of liquefied natural gas have swollen over the last week, data from National Grid shows, after three big Qatari deliveries helped replenish low heating fuel supplies during the coldest March in over half a century.
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LONDON, March 28- Britain is currently paying some of the world's highest wholesale gas prices, rivalling those in energy-hungry Asia and reflecting annual winter spikes for which government and industry offer no short-term fix.
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LONDON, March 28- British Oil major BP is to proceed with a $500 million- plus investment plan in the remote Shetland Islands, another shot in the arm for North Sea oil.
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COMPANIES REPORTING: Q2 2013 Accenture Q4 2012 Gamestop Corp. Q3 2013 The Mosaic Company MAJOR MACROECONOMIC DATA/EVENTS: 0001 GB GfK Consumer Mar 0700 DE Retail sales-re Feb 0855 DE Unemployment Mar 0900 IT Business Confidence Mar 0900 EZ Money-M3 Ann Feb 0900 EZ Money-private Feb 1230 US Corporate Profit Q4 1230 US GDP Final Q4 1230 US Core PCE Pr Fin Q4 1230 US Initial claims w/e 1345 US Chicago PMI Mar NATIONAL MARKETS CLOSED FOR PUBLIC HOLIDAYS: 28- Mar Denmark 28- Mar Norway Reuters Messaging: blaise.robinson.thomsonreuters.com@reuters.net.
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SINGAPORE/ LONDON, March 27- South Korea has postponed an oil tax decision by three months, two sources with knowledge of the matter said on Wednesday, a move that could boost demand for North Sea crudes. Under a free trade agreement with the European Union, South Korean refiners could import North Sea crudes tax-free.
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*IMF urges Tanzania to cut power outages. DAR ES SALAAM, March 27- Tanzania plans to raise spending by 17 percent in 2013/ 14 to 17.7 trillion shillings with a focus on infrastructure projects, and aims to lift growth to 7 percent in 2013..
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*Spot price for Thursday eases to 46.3 euros/ MWh. OSLO, March 27- Nordic power prices for delivery in the second quarter inched up on Wednesday to the highest levels since last December as dry weather kept the water supply low for hydropower generation. was trading at 41.60 euros per megawatt-hour by 1100 GMT, 5 cents higher than the previous day.
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The Danish oil and shipping group A.P. Moller-Maersk's terminals unit lost its bid operate the Virginia Port Authority, according to Daily Press. For more on the company, click on TELIASONERA. Several thousand Finnish employees of telecom operator TeliaSonera strike on Wednesday and Thursday to protest job cuts, labour union Pro said on Tuesday.
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WASHINGTON, March 26- The retiring chief of the trouble-plagued F-35 Joint Strike Fighter says he remains bullish about the hi-tech war plane, with costs soon to be further reduced as production takes off, and believes the program will transform the aerospace industry.
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COPENHAGEN, March 26- Denmark's defence ministry said it planned to buy new fighter jets to replace a fleet of 30 operational F-16s. The ministry said it was considering Saab's Gripen fighter, Boeing's F-18 Super Hornet, Lockheed Martin Corp's F-35 Joint Strike Fighter and the Eurofighter Typhoon developed by BAE, Finmeccanica and EADS.
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*Car sales in Germany, Netherlands and Nordics weakening. The chill in cars sales has spread from southern Europe, where the worst of the euro zone debt crisis is crippling economies, to the north, including the region's biggest car market, Germany.
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*Car sales in Germany, Netherlands and Nordics weakening. The chill in cars sales has spread from southern Europe, where the worst of the euro zone debt crisis is crippling economies, to the north, including the region's biggest car market, Germany.
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OSLO, March 26- Royal Dutch Shell's giant Ormen Lange natural gas field in Norway suffered an unexpected outage because of a power dip, the company said in a market message on Tuesday. Ormen Lange's power consumption fell to 20 megawatts from an installed 200 MW, and ramp up is expected in eight hours, it added.
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LONDON, March 26- If the bailout of Cyprus is a template for European rescue deals it marks a "game-changer" for banks that could raise funding costs, see deposits shift more quickly and delay the prospect of higher dividends.
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*Spot price for Wednesday set at 47.49 euros/ MWh. firmed by 80 cents to 41.8 euros per megawatt-hour by 1300 GMT, more than 5 euros above the equivalent German contract. Analysts at Point Carbon, a Thomson Reuters market analysis company, said they expected the second-quarter contract to be delivered at 40.1 euros a MWh.
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OSLO, March 26- Workers at Oslo- listed oil services company Subsea 7 could go on strike within a month over pay and benefits for offshore workers in Norway, Leif Sande, leader of the Industri Energi union, said on Tuesday.
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LONDON, March 26- The Albanian government on Tuesday ratified an agreement with Italy and Greece on the construction and operation of the Trans Adriatic Pipeline project which aims to carry Azeri natural gas to Italy, TAP said in a statement. The group has yet to decide whether to pump it to Europe via Italy or Austria.
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HELSINKI, March 26- The following stocks may be affected by newspaper reports and other factors on Tuesday:. The Danish brewer is under investigation by German authorities in a cartel case regarding suspected price fixing, daily Jyllands-Posten said. Carlsberg declined to comment in the newspaper.