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Norway approves hike in Troll's 2016 oil output quota-letter

Fri, 25th Nov 2016 12:01

OSLO, Nov 25 (Reuters) - Norway's oil and energy ministryhas approved a hike in the 2016 oil output quota of the NorthSea Troll field to 46.5 million barrels from 41.7 million,giving it the highest output level since 2009, document obtainedby Reuters showed on Friday.

Field operator Statoil requested an increase onbehalf of the license partners in September, and the ministrygranted it on Nov. 4, a letter from the ministry showed.

Other partners in the field are Norway's state-owned Petoro,Shell, Total and ConocoPhillips. (Reporting by Stine Jacobsen and Nerijus Adomaitis, editing byTerje Solsvik)

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RDSA.L Share News (RDSA)

Norway approves hike in Troll's 2016 oil output quota-letter

UPDATE 2-Third Point takes big stake in Shell, urges breakup - WSJ

Peru's finance minister says no plans to nationalize gas sector after all

Shell declares force majeure on Nigerian Bonny Light crude loadings

UPDATE 2-FTSE 100 slips, midcaps gain after UK growth forecast lifted

UPDATE 3-FTSE 100 slips, midcaps gain after UK growth forecast lifted

UPDATE 5-Equinor Q3 surges on gas and derivatives, boosts share buybacks

Russia's Bonum says it would support forestry firm Segezha in London listing

Peru's Castillo urges Congress to draft bill to nationalize gas sector

LONDON MARKET CLOSE: HSBC and oil majors help FTSE 100 start week well

UK petrol prices hit record highs as Brent crude reaches $86

LONDON MARKET MIDDAY: Stocks rise as investors await US tech earnings

UPDATE 2-FTSE 100 ends higher on oil, mining boost; HSBC hits 4-month high

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