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
28 April 2026
Oil traders warning of $200/bl oil are wrong, and the market should be wary of proclamations that the impact of the oil shortage has only begun to be felt and a that a ‘harsh adjustment’ is coming—even for industrialised nations
28 April 2026
Restoring supply from Saudi Arabia, the UAE, Kuwait, Qatar, Bahrain and Iraq involves complexities far beyond simply adjusting operational controls
28 April 2026
Datacentres will guzzle power at a ferocious rate, but the impact on wider energy markets will be far more complex than previously thought
28 April 2026
The key energy player faces balancing regional routes, political complexities, and creating a clear strategic vision for energy security






