ENERGY
View all →
ENERGY
Attack on Qatar's Ras Laffan LNG complex threatens European gas supply, puts Norway in pivotal position
An attack on Qatar's Ras Laffan facility — source of roughly a quarter of global LNG — risks severe supply disruption for a Europe still scrambling to replace Russian pipeline gas, with Norway's Equinor positioned as the continent's indispensable supplier.
ENERGY
Equinor strikes oil in Barents Sea, extends Norway's Arctic bet as climate debate intensifies
Equinor and partners have made an oil discovery at the Polynya Tubåen prospect in the Barents Sea, reinforcing Norway's commitment to hydrocarbon exploration in the high north despite mounting pressure for a managed wind-down.
ENERGY
Equinor strikes oil in Barents Sea, extending Norway's Arctic hydrocarbon frontier near Russian border
Equinor and its partners have made an oil discovery at the Polynya Tubåen prospect in the Barents Sea, adding to Norway's petroleum reserves in one of the most geopolitically charged stretches of the Arctic.
3:2
ENERGY
Busch orders grid companies to drop capacity tariffs, grid companies say she can't
Sweden's energy minister Ebba Busch is publicly demanding electricity grid operators remove newly introduced peak-usage fees, but the companies say the charges are staying — exposing a governance gap where ministers can talk but cannot actually command the monopolies that set network prices.
3:2
ENERGY
Sweden's Data Centre Boom Could Rescue District Heating, but Only If Municipalities Demand It Before Permits Are Signed
Sweden is attracting massive data centre investment on the back of cheap electricity and political stability, but the waste heat these facilities produce — enough to supply entire district heating networks — will go unused unless municipalities attach heat-recovery conditions before planning permission is granted.
3:2
ENERGY
Norway spends billions suppressing electricity prices, then kneecaps the technology that would actually cut demand
Energy Minister Terje Aasland's "Norgespris" scheme pours billions of kroner into holding down household electricity bills — while regulatory and cost barriers make heat pumps, the single most effective tool for reducing electricity consumption, harder to install and more expensive to run.
3:2
ENERGY
Diesel nearly runs dry at Swedish border, Norwegian fuel tourists overwhelm Charlottenberg stations
Norwegian drivers crossed into Sweden's Värmland region in such numbers this weekend that diesel supplies at Charlottenberg nearly ran out, a concrete demonstration of how Norway's high fuel taxes displace consumption rather than reduce it.
3:2
ENERGY
Sweden's carbon capture bets collapse, more than half of major CCS projects paused or cancelled
Sweden's net-zero strategy depends heavily on carbon capture and storage, but an SVT investigation reveals that over half of the country's largest CCS projects have stalled or been abandoned — leaving the 2045 climate target resting on technology that barely exists.
3:2
ENERGY
Norway fights EU bid to redirect grid revenues to Brussels, tests limits of EEA leverage
Energy Minister Terje Aasland is publicly opposing the European Commission's revised network package, which would divert a larger share of Norway's cross-border electricity transmission revenues away from the national grid operator and toward EU-level mechanisms.
3:2
ENERGY
Norwegian Communes Block Wind Projects That Would Materially Boost National Power Output, Grid Chief Warns
NVE chief Kjetil Lund says he feels obligated to speak out as Norwegian municipalities quietly reject wind energy projects that could significantly increase the country's electricity production — at a time when Norway faces mounting pressure on energy security and European supply commitments.
3:2
ENERGY
Norway's Høyre visits Swedish reactor, signals nuclear shift beyond hydropower orthodoxy
Senior Høyre politicians toured Sweden's Ringhals nuclear plant, marking Norway's clearest step yet from abstract nuclear debate toward concrete energy planning — and a direct challenge to the Labour government's insistence that hydropower alone will carry the country past 2040.
3:2
ENERGY
Ørsted's Revolution Wind Resumes Power Delivery, Survives Multiple Trump Stop Orders
Ørsted's Revolution Wind offshore project off Rhode Island is delivering electricity again after weathering repeated shutdown orders from the Trump administration — a rare bright spot for a company that has lost billions on its American wind gamble.
3:2
ENERGY
Sweden Threatens to Cut EU Power Exports Over Grid Fee Dispute
Energy Minister Ebba Busch says Sweden will restrict electricity exports if the EU forces Stockholm to redirect cross-border congestion fees into European grid infrastructure instead of Sweden's own network.
ENERGY
Sweden Offers Residents 38,000 Kronor a Year to Accept Wind Turbines Next Door
The Swedish government proposes annual payments of up to 38,000 kronor to residents living near onshore wind farms, hoping direct financial incentives will dissolve local opposition that has stalled turbine construction across the country.
ENERGY
Sweden's top economist names EU Green Deal as driver of Europe's competitiveness collapse
Magnus Henrekson and co-authors argue in Svenska Dagbladet that the EU's climate-driven energy policy is not a marginal expense but a central cause of Europe's industrial decline — a thesis gaining traction as Nordic manufacturers face electricity prices their American and Asian competitors do not.
ENERGY
Sweden's Energy Agency tightens watch on Stegra, holds back final 100 million as financing deadline looms
The Swedish Energy Agency has placed green steel startup Stegra under intensified surveillance as the company races to close a multi-billion-kronor financing gap before a 31 May deadline, with 1.5 billion in public funds already spent and a final 100 million tranche frozen.
ENERGY
Swedish investigator says biofuel mandate may need raising, months after government slashed it
A government-appointed investigator has concluded that Sweden may need to increase its biofuel blending mandate — the reduktionsplikt — to meet 2030 climate targets, just months after the same government cut the mandate from over 30% to 6%.
ENERGY
Hormuz Strait flows collapse to near zero, IEA declares largest oil disruption in history
The IEA says the Middle East conflict has shut down virtually all oil traffic through the Strait of Hormuz, cutting global supply by 8 million barrels per day and triggering a 400-million-barrel emergency reserve release — while Norway, the world's third-largest exporter, faces the paradox of windfall revenues and alliance obligations to suppress the prices generating them.
ENERGY
Norwegian Oil Companies Pool 83 Marginal Discoveries, Claim Resources Rival Johan Sverdrup
A consortium of Norwegian oil companies is targeting 83 undeveloped marginal finds on the continental shelf, arguing that shared infrastructure could unlock resources comparable to the giant Johan Sverdrup field — Europe's largest oil discovery in decades.
ENERGY
Equinor Summons 1,200 Managers to Boot Camp, Signals Radical Cost Cuts on Norwegian Shelf
Equinor's head of Norwegian continental shelf operations has ordered sweeping structural changes and dispatched 1,200 managers to a training camp, declaring that offshore production costs must come down — even as North Sea crude trades above $110.
ENERGY
Sweden draws down 14 days of strategic fuel reserves in IEA-coordinated release, buffer drops to 96 days
Sweden is releasing two million barrels of fuel from its strategic stockpile as part of a historically large coordinated drawdown by 32 IEA member countries, reducing the national buffer from 110 to roughly 96 days of supply amid Middle East-driven oil market turbulence.
ENERGY
Sweden launches fast-track inquiry into state financing for new nuclear plants
The Swedish government has ordered a rapid inquiry into how the state can facilitate new nuclear construction — opening the door to loan guarantees, equity stakes, or contracts for difference that would shift investment risk from private developers to the public balance sheet.
ENERGY
Sweden launches nuclear power programme, state financing role under formal inquiry
Energy Minister Ebba Busch has presented the full scope of Sweden's nuclear power programme, including a new reactor application process and a formal investigation into how much financial risk the state will shoulder.
ENERGY
Stockholm rips out 60-year-old power lines, builds grid capacity equal to two nuclear reactors
Stockholm is investing billions of kronor to expand its electricity grid by the equivalent of two nuclear reactors — replacing infrastructure from the 1960s to keep pace with a capital region that has outgrown its power supply.
ENERGY
Von der Leyen calls nuclear retreat a strategic mistake, EU unveils SMR fast-track
The EU Commission has proposed a new strategy to accelerate deployment of small modular reactors by the 2030s, with Commission President von der Leyen explicitly labelling Europe's retreat from nuclear power a strategic error — a reversal that reshapes the political landscape for Nordic countries on opposite sides of the nuclear divide.
ENERGY
Norway's Offshore Safety Regulator Moves to Classify Oil Platform Deficiencies, Citing Security
Havindustritilsynet, Norway's offshore safety authority, has announced that information about faults and deficiencies on oil and gas installations will increasingly be withheld from the public — a sharp departure from decades of transparency in one of Europe's most critical energy sectors.
ENERGY
Stockholm Housing Co-op Installs Solar, Gets Classified as Industrial User, Pays 20% More for Electricity
A 240-apartment housing cooperative in Stockholm invested in rooftop solar panels so residents could use self-generated electricity — only to discover that Sweden's new grid tariff rules classify the cooperative as an industrial consumer, making their power bills 20% higher instead of lower.
ENERGY
Borr Drilling evacuates Persian Gulf rig after unspecified incident, Nordic energy exposure under scrutiny
Oslo-listed Borr Drilling has evacuated crew from an exploration rig in the Persian Gulf following what the company describes only as an 'incident,' raising immediate questions about the safety of Nordic offshore assets as regional tensions escalate.
ENERGY
Oil futures spike 30% on Iran tensions, Finnish pump prices set to breach two-euro barrier twice over
Brent crude futures surged nearly 30% overnight Monday on escalating Iran-related tensions, with OP Bank's chief strategist warning that Finnish petrol prices could simultaneously break through two psychological price thresholds — hitting households already squeezed at two euros per litre.
ENERGY
Studsvik acquires SMR developer Kärnfull Next, bets on building reactors rather than just servicing them
Studsvik, Sweden's veteran nuclear technology firm, has bought small modular reactor developer Kärnfull Next — a move that transforms the Södermanland-based company from a nuclear services provider into an active player in reactor development.