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Norway approves PDO for Equinor’s Troll phase 3 project

The Norwegian Ministry of Petroleum and Energy has approved Equinor and its partners’ plan for development and operation (PDO) of the NOK7.8bn ($920m) Troll Phase 3 development in the North Sea.

read more... 10/12/2018

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Russia and Rwanda to cooperate in nuclear power

Russia and Rwanda have signed an intergovernmental agreement on cooperation in the use of nuclear energy for peaceful purposes. It was signed today in Moscow by Alexey Likhachov, director general of Russian state nuclear corporation Rosatom, and Claver Gatete, Rwandan minister of infrastructure.

read more... 06/12/2018

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Russia, Argentina sign agreement on nuclear cooperation

Russia and Argentina signed a strategic document, envisaging improved cooperation in the peaceful use of nuclear energy, said Russian company Rosatom on Sunday.

read more... 03/12/2018

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BP plans to spend over $1bn in Egypt in 2019

BP is planning to spend more than a billion dollars on its assets in Egypt in the coming year. According to Bob Dudley, BP chief executive, the company will spend $1.8 billion in Egypt and an additional $1 billion annually in Abu Dhabi on new discoveries and licensing rounds as it looks to expand its operations in the Middle East.

read more... 16/11/2018

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Austria's Verbund Hydro Power sign memo on cooperation

Romanian majority state-owned hydro power producer Hidroelectrica said it has signed a memorandum of cooperation with Austrian utility Verbund Hydro Power.

read more... 25/10/2018

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