Statoil, the largest Norwegian oil and gas producer, had reported the evacuation of the North Sea oil platform today due to the modifications in the well pressure.
read more... 21/05/2010
The offshore renewable energy industry in UK might produce electricity corresponding to one billion barrels of oil per year, matching oil and gas output in the North Sea, as stated in a report.
read more... 20/05/2010
FOB South African and Europe prices for delivered coal cargoes dropped by nearly $1.50 per ton on Wednesday, due to weak oil and power.
read more... 20/05/2010
The National Grid of Great Britain is going to increase its rights issue by 3.2 billion pounds ($ 4.6 billion) in order to sustain its credit rating and fund increased investment, registering already, a 12% increase in its profit.
read more... 20/05/2010
Gamesa intends to build its fifth manufacturing plant in China, in the Da’an city, the region of Jilin, expanding its presence in the Asian country. Jilin province is one of China’s major wind energy regions.
read more... 19/05/2010