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RWE to rethink UK investments if it proceeds with tax on power firms
German utility RWE AG's head has warned that a windfall tax on electricity generators in Britain would make it and other power firms reconsider their investment decisions in the country, the Financial Times reported on Sunday.
read more... 28/06/2022
Daily (22.06.2022): British gas prices saw a relentless rise on Tuesday amid reduced flows from Russia, outages in the Norwegian production
Crude oil prices increased marginally on Tuesday amid continued supply concerns and unwillingness among OPEC nations to increase output noticeably. However, the gains were limited by coronavirus measures in China and fears of a new global recession. Hence, Brent crude rose by 0.5%, to settle at $114.65 a barrel. US WTI crude added 0.7% to $109.52 a barrel.
read more... 22/06/2022
Equinor team evaluates potential for 1GW Norwegian floater
Equinor, Petoro, TotalEnergies, Shell and ConocoPhillips have initiated a study looking into possible options for building a 1GW floating offshore wind farm in the Troll oil field area some 65km west of Bergen, Norway.
read more... 20/06/2022
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RWE buys 1.4-GW Dutch Magnum gas-fired power plant for Eur500 million
German utility RWE has bought the 1.4-GW Magnum power station in Groningen, the Netherlands from Sweden's Vattenfall for Eur500 million ($534 million), the utilities said June 2.
read more... 03/06/2022
Norwegian developer plans up to 6GW Swedish floater
Norwegian developer Deep Wind Offshore is consulting on an up to 6GW floating offshore wind farm planned for the Baltic Sea off Sweden.
read more... 05/05/2022