Latest news
Statoil signed a 15-year contract with Stadtwerke Düsseldorf
Norwegian oil group Statoil intends to provide Germany's Stadtwerke Duesseldorf with gas for 15 years for a planned 600 MW gas-fired power plant. The new combined cycle gas turbine (CCGT) plant will be erected at the site of Stadtwerke Dusseldorf's existing power plant in Lausward, Duesseldorf .
read more... 17/06/2013
Norway: Statoil unveils a significant discovery in the North Sea
Norwegian energy company Statoil ASA announced it has found significant new oil resources in the North Sea.
read more... 22/04/2013
Austrian OMV bought shares in Nabucco gas pipeline
Austrian OMV has acquired shares in the Nabucco West gas pipeline project from German RWE on 14 April. Both RWE and OMV have confirmed the deal but they didn’t provide any other information.
read more... 15/04/2013
German RWE abandons production of crude oil and natural gas
RWE AG has announced on Tuesday it has put its oil and gas exploration and production business up for sale in a move aimed to remove pressure on future capital spending and improve the company’s financial situation.
read more... 06/03/2013
Statoil to build a new oil hub in Europe
Norway's Statoil is to build an oil terminal in the Arctic, which according to the Norwegian group could spark “a new industrial era” in the region. Norway's Minister of Petroleum and Energy, Ola Borten Moe said that Statoil ASA's plan to bring oil by pipeline from the Barents Sea to a new terminal in the country's far north could lead the way to a permanent oil hub in the Arctic.
read more... 19/02/2013