Latest news
Statoil to reduce costs and raise output at Johan Sverdrup oil field
Norway’s Statoil ASA has announced on Monday that it had dropped billions of dollars planned for the start-up of its giant Johan Sverdrup oil field by about 20%. In addition, the company has also raised the estimated initial output by 16% after intensifying drilling and streamlining operations.
read more... 30/08/2016
European Commission will offer financial assistance to TANAP
The European Commission will give financial aid to the Trans Anatolian Pipeline project (TANAP) firm for its study and design of commercial operations and its asset integrity management systems, as stated by the company on Thursday.
read more... 29/07/2016
Engie will acquire electricity from Equitix renewable plant in Wales
French utility Engie will acquire all the power produced by Equitix's renewable energy electricity plant in Wrexham, north Wales, when it starts operations in 2018, as it declared on Thursday.
read more... 15/07/2016
France’s Dunkerque LNG terminal gets its first cargo
Dunkerque LNG is commissioning its regasification terminal at Dunkirk, France, and expects commercial operations to begin in mid-September.
read more... 11/07/2016
Areva unveils restructuration plans, nuclear spin off
French nuclear group Areva plans to spin off two thirds of its nuclear operations and to invite strategic investors to acquire a one third stake, Areva stated on Wednesday.
read more... 16/06/2016