Latest news
Shell to build new pipeline in boost for North Sea gas
Shell is to invest in a new pipeline as part of moves to increase gas production and reduce costs in the North Sea.
read more... 11/12/2018
Offshore helping 'drive 680GW global wind growth'
Over 680GW of new wind power capacity will come online in the next 10 years, with the offshore market accounting for nearly 40%, according to a new report from consultancy Wood Mackenzie Power & Renewables.
read more... 11/12/2018
Trafigura boosts LNG volumes by 22 percent
Trafigura, one of the world’s largest commodities trading firms, said its LNG volumes rose 22 percent in the 2018 financial year, driven by a surge in demand in Asia.
read more... 11/12/2018
Daily (10.12.2018): German power spot price plunged by 72% on Friday due to strong wind generation
An agreement reached by OPEC, Russia and several other producers to reduce output in 2019 boosted oil prices on Friday. Brent crude surged by $1.61, or 2.7 percent, to $61.67 a barrel. WTI crude jumped by 2.2% to $52.61 a barrel.
read more... 10/12/2018
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