Latest news
Finnish Fortum will run renewables energy plant in UK
Finnish energy firm Fortum will run and maintain the Tees renewable energy plant in the U.K., as announced by the company on Wednesday.
read more... 19/08/2016
Statkraft starts addition to Norwegian wind farm network
Europe’s biggest producer of renewable energy has started construction on a new wind farm which will form part of a larger network in Norway.
read more... 19/08/2016
Daily: Brent breaks the $50/bbl threshold on OPEC freeze hopes
Crude oil prices hiked for a sixth consecutive day, with Brent crude hitting above $50 for the first time in six weeks as the world’s top producers envisage a possible freeze of crude production to prop up prices. Brent closed the session up 2.09 percent at $50.89. The session peak of $51.05 was its highest since June 23. U.S. crude ended at $48.22, up 3.06 percent after reaching a session high of $48.38, the highest level since July 5.
read more... 19/08/2016
BP hit a milestone oil production in Azerbaijan
A BP unit working in the Caspian Sea unveiled a milestone for oil pulled from Azeri waters with its 3 billionth barrel since the start of production from the Chirag platform in 1997.
read more... 18/08/2016
Statoil will reduce carbon emissions by 2 million tonnes by 2030
The Norwegian Oil and Gas Association made known about its goal to implement carbon emissions reduction measures corresponding to 2.5 million tonnes on the Norwegian continental shelf (NCS) by 2030 compared to 2020.
read more... 18/08/2016