Latest news
Norway's Johan Sverdrup oil giant producing well over 300,000 barrels a day, six weeks from start-up
Norway's giant Johan Sverdrup oil field is producing at rates "well above" 300,000 b/d, state-controlled Equinor said Tuesday, as official data showed the country's oil output starting to recover.
read more... 20/11/2019
French power output down over 1.5 GW as workers start protest over restructuring
A strike by employees at French utility EDF in protest against a plan to restructure the state-controlled company cut power generation at two nuclear reactors and two gas-fired power plants on Wednesday evening, company data showed.
read more... 17/10/2019
Finland's Fortum to gain control of Uniper in $2.5 billion deal
Fortum is set to gain control of German energy firm Uniper after the Finnish state-controlled utility said it will acquire a further 20.5% stake, putting an end to a long-standing deadlock between the companies.
read more... 08/10/2019
Romania's Cernavoda NPP shuts down Unit 1 for remediation works
Romania's Cernavoda nuclear power plant (NPP) has shut down its Unit 1 in a controlled manner on Wednesday morning for remediation works to a process parameter, Cernavoda operator Nuclearelectrica said.
read more... 19/09/2019
Lukoil begins offshore drilling at its Romanian Black Sea perimeter
Lukoil, the third investor interested in the Romanian Black Sea gas (after OMV Petrom and Black Sea Oil and Gas controlled by investment fund Carlyle), will start drilling operations this autumn after obtaining the necessary permits, Economica.net reported.
read more... 25/07/2019