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EWEA: European offshore wind power capacity drops in the first half of 2014

Europe has currently 16 offshore wind farms under construction with a combined energy capacity of 4.9GW due to be achieved by 2016.

read more... 16/07/2014

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China and Russia to ink a $1.6 bln deal on Siberian LNG Project

A subsidiary of Chinese state oil giant China National Offshore Oil Corporation (CNOOC) has inked a $1.6 billion engineering deal to build equipment for a liquefied natural gas (LNG) project in Siberia, the company declared on Wednesday.

read more... 14/07/2014

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Greece pledges tax reduction to attract oil and gas majors

Greece intends to reduce tax rates for oil and gas firms since it desires to attract them to aid develop its unexploited offshore hydrocarbon resources, as stated by its energy minister on Tuesday.

read more... 02/07/2014

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Norway: wind farm to be built off Britain by Statoil and Statkraft

Norway's Statoil and Statkraft will construct the Dudgeon offshore wind farm off the coast of Norfolk in Britain, according to Statoil on Tuesday. It is estimated that the cost will be around 1.5 billion pounds ($2.57 billion).

read more... 02/07/2014

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Spain to pay 1.4 bln euros to compensate possessors of Castor Gas

Spain will compensate the concession-holder of offshore gas facility Castor with 1.4 billion euros ($1.9 billion), after the unit was closed subsequent to seismic activity.

read more... 30/06/2014

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