Latest news
Huge offshore wind park launches in North Sea after $3 billion support
One of the world’s biggest offshore wind farms is officially launched. The Gemini Offshore Wind Park, which is located 85 kilometers off the coast of the Netherlands and has a capacity of 600 megawatt (MW), covers 68 square kilometers and has 150 Siemens wind turbines. Around 2.8 billion euros ($3.05 billion) was invested in the project.
read more... 10/05/2017
BP and Kosmos Energy find an important gas reservoir offshore Senegal
BP and its partner Kosmos Energy have recently made an important discovery of a gas reservoir offshore Senegal, during drilling the Yakaar-1 exploration well. Yakaar-1 well is situated in the Cayar Offshore Profond block, approximately 95kms northwest of Dakar.
read more... 10/05/2017
Daily (10.05.2017): European carbon prices jumped by over 2%
Oil prices declined, influenced by worries over reducing demand, a rising US dollar and a higher US crude production that has shaken investors' faith in the ability of OPEC to rebalance the market.
read more... 10/05/2017
EU offshore attracted a record investment of €18 billion in 2016
A record of €18.2 billion in new offshore wind farms in Europe was invested last year, out of total wind farm investments of €43 billion, according to data published by WindEurope.
read more... 09/05/2017
Malaysia: Petronas aims new markets for LNG
Malaysian oil company Petronas is targeting new markets to sell liquefied natural gas, including as fuel for vessels, the manager of its upstream operations told Reuters on Monday.
read more... 09/05/2017