Norway does its gas best as Germany prepares for gas worst
One of the EU’s key suppliers is doing all it can to maximise deliveries. Its largest demand centre still expects the situation to deteriorate
The Norwegian government in early July sent a dispute between the Lederne trade union and the Norwegian Oil and Gas Association employers’ group to compulsory arbitration, ending a strike that had already closed at least three North Sea fields and threatened many more. And the decision came just hours after the country’s Ministry for Petroleum and Energy (MPE) had approved proposed adjusted production permits for six fields on the Norwegian continental shelf (NCS). But, despite Norway’s best efforts to keep the gas taps to Europe flowing as much as possible, Germany’s finance minister Robert Habeck warns that “the situation on the gas market is tense and unfortunately we cannot rule out a de

Also in this section
25 July 2025
Mozambique’s insurgency continues, but the security situation near the LNG site has significantly improved, with TotalEnergies aiming to lift its force majeure within months
25 July 2025
There is a bifurcation in the global oil market as China’s stockpiling contrasts with reduced inventories elsewhere
24 July 2025
The reaction to proposed sanctions on Russian oil buyers has been muted, suggesting trader fatigue with Trump’s frequent bold and erratic threats
24 July 2025
Trump energy policies and changing consumer trends to upend oil supply and demand