×

Europe Top News and Analysis Norway

  • *UK gas demand 5 pct below seasonal norm. LONDON, Oct 9- British prompt gas prices rose on Tuesday morning as renewed problems with Norwegian exports reduced supplies to the UK. pence at 0845 GMT, and gas for delivery the next day rose by 1.4 pence to 63.70 pence per therm.

  • The National Broadcasting and Telecommunications Commission will hold the much-delayed auction on Oct. 16. Market leader Advanced Info Service, 21 percent owned by Singapore Telecommunications Ltd, will bid through wholly owned unit Advanced Wireless Network Co. Ltd..

  • *Flows drop to Germany, Belgium and Britain. Exports to Europe including Britain dropped by 8.7 million cubic metres to 271.3 mcm per day by 0600 GMT compared with the 280 mcm daily average on Monday. The 70 mcm capacity plant processes gas from the giant offshore Ormen Lange gas field before it is shipped to Britain and continental Europe.

  • HELSINKI, Oct 9- The following stocks may be affected by newspaper reports and other factors on Tuesday:. Citing one source, the paper said CEO Olof Faxander had appointed investment bank Greenhill as an advisor on a sale earlier this year, but the process was stopped after objections from the board.

  • *Forties sold at dated Brent plus 84 cents, up 29 cents. LONDON, Oct 9- North Sea Forties crude differentials pushed higher on Tuesday, supported by reports of stronger refinery demand and as BP entered the wet cargo market as a buyer.

  • SE ASIA STOCKS-Most retreat amid global concerns; Jakarta off record STOCKS TO WATCH-- DBS GROUP HOLDINGS LTD. -Southeast Asia's largest bank DBS said on Monday this year it will be holding its board meeting in Taiwan for the first time, in a move aimed at underscoring the importance of the market to the bank.

  • OSLO, Oct 8- German sportswear company Puma. announced a range of biodegradable shoes and clothes on Monday, seeking to lead in protecting nature as it tries to catch up with rivals Nike and Adidas in sales.

  • NEW YORK-- British television productions received a leading seven International Emmy nominations Monday, including best actor and actress nods for Jason Isaacs in "Case Histories" and newcomer Joanna Vanderham in "The Runaway."

  • OSLO, Oct 8- Output from the Royal Dutch Shell- operated Nyhamna gas processing plant in Norway would be reduced on Tuesday, after it experience an unplanned outage on Monday, the gas system operator Gassco said. The plant, which processes gas from the giant offshore Ormen Lange gas field before it is shipped to Britain, was expected to restart by 2000 GMT on Monday.

  • OSLO, Oct 8- Norwegian oil and gas company DNO International don't yet know how big an oil payment it will receive from Iraqi authorities, a spokesman said on Monday. The Kurdistan Regional Government on Monday received a first installment of 650 billion Iraqi dinars from Baghdad to be distributed to foreign companies exporting oil.

  • LONDON, Oct 8- Britain is in danger of suffering a long-term loss of liquefied natural gas supply as top exporter Qatar sends only left-over short-term deliveries to the UK while more and more of its LNG goes to higher paying Asian customers. Analysts and British energy companies say the strategy rewards Qatar but puts Britain at a significant disadvantage.

  • OSLO, Oct 8- Norway's small Atla gas field in the North Sea has started producing gas two years after it was discovered, Norwegian oil firm Det Norske, a partner with 10 percent in the production license, said on Monday.

  • LONDON, Oct 8- Iraqi Kurdistan's leading oil producer, Genel Energy, said it would keep crude exports flowing after the Kurdistan Regional Government finally received an initial payment from Baghdad. "We won't cut exports now," Genel Energy President Mehmet Sepil told Reuters. "

  • *Austria, OMV say no talk of MOL exit from Nabucco. VIENNA, Oct 8- The partners in Azerbaijan's Shah Deniz II gas field are in talks to take a stake in the Nabucco consortium that is competing to build the first pipeline to deliver Azeri gas to Europe, Austria's economy and energy minister said on Monday.

  • OSLO, Oct 8- The Royal Dutch Shell- operated. Nyhamna gas processing plant in Norway was shut down on Monday at around 0900 GMT, the gas system operator Gassco said. Gas output at the plant, which processes gas from offshore Ormen Lange gas field before it is shipped to Britain, was down by 32 million cubic metres, it added.

  • *A company with the same address and ID number as the Toronto- based owner of a chartered bus that crashed on a New Jersey highway wasn't authorized to operate in the United States, documents indicate.

  • LONDON, Oct 8- British prompt gas prices eased on Monday as imports from Norway via the Langeled pipeline regained full strength following processing problems last week, while milder weather forecasts for October also helped keep a lid on gains.

  • OSLO, Oct 8- Nordic spot power prices were expected to rise on higher exports to Germany and colder weather boosting consumption, analysts said on Friday. Consumption in Norway, Sweden and Finland is expected to rise by 960 MW to 43,400 MW as temperatures were forecast to drop by 1.8 degrees Celsius.

  • PARIS, Oct 8- France's Total and Exxon Mobil Corp have agreed to exchange interests in a range of assets on the Norwegian Continental Shelf, Total said in a statement on Monday.

  • OSLO, Oct 8- Norway expect its gas output to rise to 110 million standard cubic meters of oil equivalent in 2013, while oil and natural gas liquids were seen to fall to 114 mcmoe, the finance ministry said in its budget on Monday. That compares to 107 mcmoe of gas production and 116 million of mcmoe in oil and NGL output expected in 2012, the draft budget showed.