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BP hit a milestone oil production in Azerbaijan

A BP unit working in the Caspian Sea unveiled a milestone for oil pulled from Azeri waters with its 3 billionth barrel since the start of production from the Chirag platform in 1997.

read more... 18/08/2016

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Statoil will reduce carbon emissions by 2 million tonnes by 2030

The Norwegian Oil and Gas Association made known about its goal to implement carbon emissions reduction measures corresponding to 2.5 million tonnes on the Norwegian continental shelf (NCS) by 2030 compared to 2020.

read more... 18/08/2016

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First Solar wins solar PV module orders in Turkey

First Solar has obtained solar photovoltaic module orders of 160MW in Turkey in the first semester of 2016.

read more... 18/08/2016

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Daily: Crude oil slightly up, but pressured by an unexpected drop in US crude oil inventories

Crude oil prices posted a slight increase on Wednesday, but pressured by an unexpected drawdown in U.S. crude and gasoline inventories, offset by fears that Saudi Arabia will trigger a record output even as OPEC mulls a reduction of global glut. U.S. West Texas Intermediate crude futures ended at $46.79 a barrel, up 0.45 percent on the day or about 21 cents. Brent crude futures recovered from mid-day losses to jump 55 cents at $49.78 a barrel.

read more... 18/08/2016

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Huge substation starts from Spain to German Baltic

One of the biggest offshore substations in the world has started a three week trip from Cadiz in southern Spain to the German area of the Baltic Sea, where it will finally be located at the 350 MW Wikinger offshore wind farm.

read more... 17/08/2016

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