Edition:
United Kingdom

Lefteris Karagiannopoulos

Norway's gas exports hit summer high, set to match 2017 annual record

21 Sep 2018

OSLO, Sept 21 Norway's gas exports hit a new high of 36.8 billion cubic metres (bcm) this summer and the annual deliveries will be on a par with the record annual figure achieved in 2017, gas system operator Gassco said on Friday.

Nasdaq restores Nordic clearing buffer after power trader default

17 Sep 2018

OSLO Members of Nasdaq's Nordic commodities exchange have fully replenished vital clearing house contingency funds that were lost last week when a single Norwegian trader defaulted, the exchange operator said.

UPDATE 4-Energy firms, Nasdaq to prop up power market after trader default

14 Sep 2018

* Graphic: https://tmsnrt.rs/2p8x8sc (Adds further Nasdaq comment)

Nordic power trader's loss costs Nasdaq and members 114 million euros

13 Sep 2018

OSLO A Norwegian power market trader racked up losses he could not cover, leaving commodities companies who are part of the Nasdaq clearing house, and the exchange itself, to plug a 114 million euro ($133 million) hole in a contingency fund.

UPDATE 3-Nordic power trader's loss costs Nasdaq and members 114 mln euros

13 Sep 2018

* Power firms must replenish funds within 2 business days (Adds Nasdaq's, power companies' comments)

Local industry may back up fragile power supply to Norway's Nyhamna gas plant

30 Aug 2018

OSLO Norway's Nyhamna gas processing plant, which feeds Britain with gas through the North Sea's biggest pipeline, may rely on power from local industries as a backup to its fragile electricity supply, grid operator Statnett told Reuters.

SSE, Npower win provisional clearance for UK retail tie-up

30 Aug 2018

British energy providers SSE and Innogy's Npower received provisional approval to merge their retail units from Britain's Competition and Markets Authority (CMA) on Thursday. | Video

Norway cold-proofs troubled Kollsnes gas plant to protect UK flows

30 Aug 2018

OSLO Norway's largest gas processing plant Kollsnes, a key facility for British exports which faced outages last winter, is having additional upgrades this summer to protect it against extreme weather later in the year, operator Gassco told Reuters.

Norway may pay energy-hungry firms to cut power consumption in winter

28 Aug 2018

OSLO Norway's transmission system operator Statnett may have to pay large electricity users to cut their energy consumption this winter if rainfall remains abnormally low, it said on Tuesday.

Norway may pay energy-hungry firms to cut power consumption in winter

28 Aug 2018

OSLO, Aug 28 Norway's transmission system operator Statnett may have to pay large electricity users to cut their energy consumption this winter if rainfall remains abnormally low, it said on Tuesday.

World News