Norway anticipates its oil and gas investments, a keystone of its economy, to fall by around 21 percent by 2017 from a record high last year, as stated by the government in its 2016 budget on Wednesday.
read more... 09/10/2015
The UK is likely to lose its attractiveness in terms of renewables investments, following government decision to curb its subsidies for clean technology, according to a quarterly report published by EY.
read more... 16/09/2015
British oil giant BP aims to invest $1 billion (£640 million) developing key North Sea assets, at a time when other oil companies want to quit the ageing UK North Sea basin.
read more... 06/08/2015
Russia's Gazprom is thinking about investments in oil and natural gas in Brazil and might bid for exploration rights in the nation's 13th-Round concession auction in October, as stated by Shakarbek Osmonov, manager for Brazil and Latin America.
read more... 09/06/2015
Norway's parliament voted on Friday to cut coal investments by its $880 billion sovereign wealth fund, the world’s largest, in a decision greeted by ecologists as a model to support slow climate change.
read more... 08/06/2015