Latest news
UK: Investment in North Sea oil industry hit by oil price collapse
Investment in U.K. North Sea oil and gas projects is expected to drop considerably by up to 4bn per year through to the end of 2018, as the collapse in oil prices forces the industry to cut back.
read more... 09/09/2015
Statoil launches first production at Smorbukk South Extension project
Norwegian energy giant has commenced production from Smorbukk South Extension project, two and a half years after project sanction, being considered infeasible and unprofitable initially due to permeability.
read more... 07/09/2015
EDF acquires US wind energy developer
EDF’s renewable unit has purchased a wind power developer in the US. It presently possesses 100% of OwnEnergy’s assets, which comprises its pipeline of future wind projects.
read more... 27/08/2015
Vestas obtains 50 MW wind farm order in Uruguay
Vestas has been granted a contract to supply 50MW of turbines for a wind project in Uruguay.
read more... 26/08/2015
Russia’s Novatek will vend 10% of Yamal LNG to Chinese fund
Russia's second-largest gas producer Novatek is on the brink of selling a 9.9 percent stake estimated at approximately $1.4 billion in its Yamal liquefied natural gas (LNG) project to a Chinese investment fund, as stated in the Kommersant business daily on Monday.
read more... 26/08/2015