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Norway oil, gas investments rising to a record in 2012
Total investments in oil and gas sector in Norway could hit a record of NOK184.6 billion ($32.0 billion) in 2012 from NOK152.6 billion in 2011, driven by continuous high oil prices and the need to upgrade ageing infrastructure, according to Statistics Norway.
read more... 02/12/2011
Gazprom Oil to upgrade its refineries before 2018
The Russian giant, Gazprom Oil alongside its Investment Program unveiled its plans to upgrade its refineries before 2018.
read more... 25/10/2011
Scottish Power grid upgrade to create 1,500 jobs
The energy supplier Scottish Power envisages modernizing 500 miles of overhead lines in the next ten years, as Spanish power utility Iberdrola plans to invest GBP 3 billion (EUR 3.411bn) in the upgrade of Scottish power grid.
read more... 18/08/2011