Ryanair Holdings Plc Chief Executive Officer Michael O’Leary is “increasingly less concerned” about Europe facing a jet-fuel shortage in the coming months, though summer ticket sales may take a hit because of the uncertainty surrounding the Iran war.

The Strait of Hormuz oil shock has yet to crash demand as the rich world borrows from its stocks and pays up to secure supply. Traders are now sounding the alarm that a harsh adjustment is coming.

Norway plans to restrict access to social media for children under 16, joining a growing number of countries responding to concerns about the potential harm kids face online.

Norway plans to restrict access to social media for children under 16, joining a growing number of countries responding to concerns about the potential harm kids face online.

Equinor ASA said first-quarter earnings from its marketing, midstream and processing business will exceed its guidance of about $400 million, with the Middle East conflict driving “significant volatility.”

Equinor ASA halved its stake in renewables developer Scatec ASA in a further realignment toward its core hydrocarbon business.

The country acts as Europe’s battery, but it doesn’t have enough charge after below-normal snowfall.

Hydropower, a key export from Norway, is being tested by the country’s driest winter in years, pushing electricity prices higher.

The use of artificial intelligence at Norway’s $2.1 trillion wealth fund is improving investment decisions and saving “billions of kroner” in trading costs, but those gains will not lead to staff cuts, its chief executive officer said.

European regulators should avoid adjusting electricity pricing in case it puts at risk investment in clean energy, according to Statkraft AS, the region’s top producer of renewable power.

European regulators should avoid adjusting electricity pricing in case it puts at risk investment in clean energy, according to Statkraft AS, the region’s top producer of renewable power.

Equinor ASA has limited capacity to boost Norwegian natural gas output to make up for the disruptions to liquefied natural gas supply from the Iran war.

Nscale, a UK developer for artificial intelligence data centers, has raised $2 billion in funding and added a trio of high-profile business leaders as directors, including former Meta Platforms Inc. executives Sheryl Sandberg and Nick Clegg.

Norway’s natural gas producers are operating near full capacity, according to the country’s energy minister, putting further pressure on European nations looking to fill depleted stockpiles of the fuel.

Equinor ASA expects oil output from its Johan Sverdrup oil field, the largest source of European supply growth in the last decade, to fall this year.

Tesla Inc.’s European sales slump carried over into the new year, with registrations plummeting in two of the region’s leading markets for battery-electric vehicles.

A mechanism designed to shield Norwegian consumers from power-price volatility is boosting demand in the south of the country and pushing up prices both domestically and in neighboring markets, according to Danish energy trader Mind Energy.

Equinor ASA is taking both a political and legal approach to revive its beleaguered Empire Wind project off the coast of New York, said Chief Executive Officer Anders Opedal.

Equinor ASA said its Empire Wind project faces “likely termination” if the Trump administration’s decision to halt construction on its offshore wind farm stands.

Equinor ASA signed contracts worth about 100 billion kroner ($9.9 billion) to help maintain its current oil and gas output in Norway for at least another decade.