Latest news
Shell announces major pivot to green energy
Royal Dutch Shell revealed an ambitious plan to double its investments in green energy in what appears to be the next phase in the oil giant’s efforts to decarbonize.
read more... 27/12/2018
Norway not to halt 288-MW Fosen Vind project
Norway’s energy ministry said Friday it would not be halting construction of Fosen Vind’s 288-MW Storheia wind farm, despite concerns about the turbines’ impact on reindeer herding in the area.
read more... 27/12/2018
Daily (26.12.2018): The German power contract plummeted by 92.6% on Monday, due to weaker demand ahead of holidays
The recent agreement between OPEC and Russia on a 1.2 million bpd production cut for 2019 could not stop the decline in crude prices on Monday, as a potential rise in U.S. interest rates and trade tensions between the world’s biggest economies weighed down on the markets. WTI crude price tumbled by 7.2% to $42.53 a barrel, while Brent oil was 6.6% down at $50.47 a barrel, or their lowest levels since August 2017.
read more... 26/12/2018
Total in talks to offload oil and gas assets in UK North Sea
French firm Total is reportedly in discussions to pursue the sale of some of its oil and gas assets in the British North Sea.
read more... 26/12/2018
Vestas receives 198-MW order for largest wind park in Russia
Danish wind turbine supplier Vestas Wind Systems A/S said last week it has received an order to equip a 198-MW wind farm in Russia.
read more... 26/12/2018