Subscribe free to our newsletters via your
. GPS News .




OIL AND GAS
Norwegian oil production 2 percent higher than anticipated
by Daniel J. Graeber
Stavanger, Norway (UPI) Jun 17, 2013


disclaimer: image is for illustration purposes only

The government of Norway, one of Europe's top oil producers, on Tuesday said output so far this year is 2 percent greater than anticipated.

The Norwegian Petroleum Directorate said 1.66 million barrels of oil were produced in the country last month on average. That's 13 percent lower than May 2013, but 5 percent above what it had expected for the month.

"So far this year the oil production is about 2 percent above the NPD's prognosis," the agency said in a statement.

NPD blamed the lower output for May on reduced production from the Brage, Grane, Heidrun, Oseberg and Veslefrikk fields, which are closed for routine maintenance work.

NPD said it expected its estimate of offshore reserves could grow by 7.5 billion barrels of oil during the next decade.

Norway is the largest oil producer and the third-largest natural gas producer in Europe. Most of its oil went to the United Kingdom and the Netherlands last year. It supplied members of the European Union with about 21 percent of their gas needs last year, just behind Russia.

.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








OIL AND GAS
Two idled oil fields in Libya again sending oil to Brega refinery
Tripoli, Libya (UPI) Jun 16, 2013
Two Libyan oil fields resumed deliveries to a key refinery in the country following a court order on political stability, two state energy companies said. State-owned National Oil. Co. said production resumed at the southern El-Feel field. Authorities at Sirte Oil confirmed oil was flowing from the Zilten oil field in the east of the country, the Wall Street Journal reported Sunday. ... read more


OIL AND GAS
Palmer amaranth threatens Midwest farm economy

Famine fear won't sway minds on GM crops

EU to allow states to decide to grow GM foods

How much fertilizer is too much for the climate?

OIL AND GAS
2D Transistors Promise a Faster Electronics Future

EMCORE Introduces Internal Fiber Delay Line System for the Optiva Platform

New analysis eliminates a potential speed bump in quantum computing

NIST chip produces and detects specialized gas for biomedical analysis

OIL AND GAS
100 days after MH370, Malaysia vows to keep searching

Lockheed completes upgrading of air command-and-control system

China Eastern to buy 80 Boeing 737s

Canada to choose new fighter jets in coming weeks

OIL AND GAS
Tesla gives up patents to 'open source movement'

European taxis cause chaos in app protest

Elon Musk: 'We could definitely make a flying car'

Uber taxi app valued at $17 bn in new funding round

OIL AND GAS
Chinese premier hopes to 'change misperceptions' on UK trip

China, Britain sign trade deals worth 14 bn pounds

China rejects shipping alliance between European firms

Alibaba ties up with China's state postal service

OIL AND GAS
Forest loss starves fish

For forests, an earlier spring than ever

Environmental 'one-two punch' imperils Amazonian forests

Land quality and deforestation rate in Brazil

OIL AND GAS
SpyMeSat Mobile App Now Offers High Resolution Satellite Imagery

US Dept of Commerce Relaxes Resolution Restrictions on DigitalGlobe

Google buys satellite imaging firm for $500 mn

Ten year-old Dragon gains new strength

OIL AND GAS
Targeting tumors using silver nanoparticles

Evolution of a Bimetallic Nanocatalyst

Design of self-assembling protein nanomachines starts to click

Opening a wide window on the nano-world of surface catalysis




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.