Latest news

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

news

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

news

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

news

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

news

First Solar wins solar PV module orders in Turkey

First Solar has obtained solar photovoltaic module orders of 160MW in Turkey in the first semester of 2016.

read more... 18/08/2016

news