Italian energy firm Eni postponed again the launch of its Goliat field in the Norwegian Arctic declaring the costs would be more elevated than expected.
read more... 19/05/2014
The tension between Russia and Ukraine would not threaten the huge Yamal LNG project in Russia, even though the company deals with several financing problems and access to some materials under embargo, according to the statement made by French oil major Total on Friday.
read more... 19/05/2014
The Dutch Gemini offshore wind farm project signed an agreement with a conglomerate run by Siemens estimated at 3 billion euro ($4.1 billion) for the construction and services, offering the German engineering group its major ever energy services deal.
read more... 16/05/2014
Gazprom's South Stream pipeline project has been saved by Austria last month in order to bring its own gas from the Black Sea, according to a source. This would be the first time the Russian gas exporter has consented to a rival’s gas access to its pipelines.
read more... 15/05/2014
Investors might pay out almost $1.1 trillion over the next decade on oil projects and assets that never achieve production if governments implement measures to reduce climate change, according to a report released on Thursday by Carbon Tracker Initiative.
read more... 09/05/2014