Latest news
West of Shetland deal provides big boost for oil and gas industry
Norwegian oil and gas giant Equinor has shown huge confidence in the potential of the West of Shetland area by striking a deal to buy in to Rosebank, which it described as one of the biggest undeveloped finds on the UK Continental Shelf.
read more... 02/10/2018
Westinghouse finalized decommissioning work of Swedish nuclear power plant
Westinghouse accomplished a major decommissioning project at the former Barseback nuclear power plant in Skane, Sweden. Barseback's unit 2 is not functional since 2005, while the decommissioning work commenced in August 2016.
read more... 23/03/2018
Daily (25.09.2017): British gas prices fell on Friday due to milder weather, higher Norwegian supply
Oil prices rose slightly on Friday, maintaining most of their gains to stay close to their maximum levels in months, as major producers’ summit in Vienna announced the market was well on its way towards rebalancing.
read more... 25/09/2017
Daily (22.08.2017): German spot electricity price jumped by 27% on Monday on lower wind power supply
Oil prices dropped on Monday by over 2 percent ahead of the expiration of the monthly contract, slipping from last week's rally built on signs that the global market is beginning to rebalance from ongoing oversupply.
read more... 22/08/2017
GE builds pumped hydro plant to stabilize Israeli power grid
A new pumped-storage hydroelectric plant, that will be essential to the rebalancing of the Israeli power grid, will be developed by GE Renewable Energy.
read more... 17/08/2017