25 November 2007
New gas pipe quashed
In a move seen as demonstrating her green credentials, the country's new energy minister has turned down StatoilHydro's planned further development of the Troll field – a decision that has led to the cancellation of plans for a new gas export pipeline to Europe, Martin Quinlan writes
AS RECENTLY as late summer, StatoilHydro was expecting to take an investment decision on the Troll project and the new gas pipeline in December, and to submit the plans to Storting (parliament) for approval early in 2008. But on 18 October – less than a month after she took up office – petroleum and energy minister Åslaug Haga wrote to the firm to say that "accelerated gas production" from Troll would not be approved. A shocked StatoilHydro had little alternative but to announce the next day that the Troll Further Development (TFD) plan – covering an increase in gas production from the existing Troll East development and the production of gas from the Troll West oil development – would be "d
Also in this section
5 March 2026
Gas is a central pillar of Colombia’s energy system, but declining production poses a significant challenge, and LNG will be increasingly needed as a stopgap. A recent major offshore gas discovery offers hope, but policy improvements are also required, Camilo Morales, secretary general of Naturgas, the Colombian gas association, tells Petroleum Economist
4 March 2026
The continent’s inventories were already depleted before conflict erupted in the Middle East, causing prices to spike ahead of the crucial summer refilling season
4 March 2026
The US president has repeatedly promised to lower gasoline prices, but this ambition conflicts with his parallel aim to increase drilling and could be upended by his war against Iran
4 March 2026
With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat
