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Norwegian gas takes shortcuts to Asia

Saturday, 07 January 2012
Russia has for the first time given the green light for a Norwegian gas tankers to take the shortcut over the Northeast Passage to Asia, announces Norwegian ship owners’ Association, Rederiforbund.

Oil prices climb as the Iranian attitude became a growing course for concerns
Tuesday, 03 January 2012
Oil prices climbed upward for the second consecutive day due to the escalating tone between Iran and the U.S..

Swedish State subsidies for biogas production
 Wednesday, 28 December 2011
The new biogas plant in Marieholm in Gothenburg, Sweden has been made possible via a government grant of Skr2.2 million.

Cheap energy cost will attract heavy industries to Greenland

Tuesday, 06 December 2011
Greenland's natural wealth is attracting more industrialists determined to exploit them. Access to cheap energy now means that big investments in industries are beginning to look at Greenland as a destination.

Rare earth deposits found in Sweden and can provide hundreds of jobs and wealth

Monday, 28 November 2011
One of the world's largest deposits of so-called rare earth metals have been found north of Gränna in Sweden. The deposit is worth billions and can create several hundred new jobs and support Swedish industries that rely of such scared metal.

Gradual increase in global steel production but low production in Sweden

Monday, 21 November 2011
Global production of crude steel in October was 124 million tons, an increase of 6.2 percent over the same month last year, figures from the trade organization World Steel Association with 64 member countries show.

Swedish central bank, the Riksbank is laying in gold while there are economic strains Sunday, 20 November 2011
As many central banks around Europe and elsewhere dive in to buying gold during the debt crisis, the Swedish central bank – the Riksbank  is comfortable and seat on its 125 tons of gold in the vault.

Libyan oil production close to 700,000 barrels – reportsThursday, 17 November 2011

Libya's oil production is close to 700,000 barrels a day, a top official said Thursday, just a week after the country's interim oil minister predicted the threshold would be reached by the end of the year.

How a vacuum cleaner cost a Swedish nuclear power station billions

Sunday, 13 November 2011
The troubles in the Swedish nuclear power production just get better and better. Latest revelation in the sector which emerged today is that which the Swedish television reveals that the latest fiasco in Swedish nuclear power production in one of its reactors, Ringhal 2 which failed was caused by fire from a vacuum cleaner.

Global oil use grew by 1 percent

Wednesday, 09 November 2011
World oil use will climb by 1%, or 890,000 barrels a day, from a year earlier in the current quarter, to 89.42 million barrels a day, a U.S. government forecast released Tuesday projected.

Polish PGNiG Agrees To Increase Norwegian License Stake To 30 percent

Tuesday, 25 October 2011
Polish natural gas utility PGNiG SA (PGN.WA) has increased 30 percent from 15 percent its stake in a license to explore and produce hydrocarbons on the Norwegian continental shelf, by agreeing to buy a 15 percent holding from Nexen Exploration Norde AS, the company said in a statement Tuesday.

Finland still investing in more nuclear power despite minor protests

Wednesday, 05 October 2011
Finland is expanding nuclear power despite criticism from environmental movements for how the country is dealing with nuclear wastes and outdated technology.

Support for oil, gas and coal on the rises once again

Wednesday, 05 October 2011
Governments worldwide spent last year a trillion US dollars in aid for energy production using fossil fuels like oil, gas and coal.

No more save haven for Commodities as the financial turmoil starts hitting commodity prices

Monday, 26 September 2011
Commodity prices followed the downward path on Monday as market turmoil start infecting the sector, previous thought was the shelter to falling prices of stocks and shares.

Base metals affected by exponential market falls or are the Chinese buying everything? Thursday, 22 September 2011
The financial turmoil has spread to the commodities market as base metals such as copper and nickel has plummeted in today's trading.

Sweden seeing electricity prices down 21 percent
Tuesday, 13 September 2011

The unusually heavy rains and warmer weather than normal helped to knocked down electricity prices on the Nordic electricity during last week.

Full reservoir puts pressure on Scandinavian electricity prices

Tuesday, 06 September 2011
One of the drivers to high electricity prices in Sweden was usually lack of enough water in the reservoirs. Now there are full reservoirs driven the increased rains and melting ice. Do we now hope to see falls in electricity prices in Sweden? Nah!

The price of coffee is falling but doubtful that the Swedish coffee prices will fall

Sunday, 28 August 2011
There is hope for cheaper coffee in Sweden this fall, since the price situation in the world is fallen. Yeah? Wrong! Some people strongly hold that this not happen.

Falling cotton prices could lift the pressure on clothes prices and the Swedish apparel sector

Monday, 22 August 2011
The financial turmoil has now beginning to infect the commodities market whereby recently the price of cotton has been observed plummeting.

The Libyan rebel victory expected to lower oil prices

Monday, 22 August 2011
The Libyan rebels' entry into the Libyan capital of Tripoli will put pressure on oil prices.
Colonel Gaddafi days in power seem to move quickly to a close and once again puts the development in Libya imprint on the oil market.

Swedish energy bill could be reduced by some 20 percent if…

Tuesday, 09 August 2011
Hotels and restaurants in Sweden could reduce their energy bills by 20 percent if they switched to energy-efficient products, the Energy Agency has calculated.

Falling electricity prices in Sweden in July

Monday, 01 August 2011
Low usage as more people go on holidays and great weather means that the price for electricity in Sweden continues to fall.

Hopes for lower electricity prices this winter as the reservoirs collects more water

Thursday, 21 July 2011
Current conditions mean that electricity prices in Sweden could fall this coming winter. For example, power plants' reservoirs are properly filled this period than last year.

Shortage of Biogas in Sweden

Tuesday, 19 July 2011
Sweden is experiencing a shortage of biogas for vehicles. There is increasing complaint of too few supplies and poor distribution, lousy security and faulty pumps, although researchers believe that biofuel is best for the Environment

Sweden the biggest in Scandinavian producer of crude steel

Tuesday, 19 July 2011
Sweden is now classed 29 among the world's steel producing countries, a climb of seven places from 2009 to 2010.

Deep water cables will facilitate Swedish electricity supply to Lithuania

Saturday, 02 July 2011
Despite persistent increase in electricity prices in Sweden, the country is still determined to sell some of its energy abroad. Such a move is that on going in which Lithuania and Sweden have joined forces to bring in Lithuania as a partner in the Nordic power exchange, Nord Pool Spot.






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