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Statoil targets Japan and U.S. for floating wind development

Norwegian oil company Statoil is eyeing Japan and the U.S. states of California and Hawaii to enlarge its floating offshore wind turbine business, the manager of its New Energy Solutions business told Reuters.

read more... 07/06/2017

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Brexit might almost double oil and gas trade costs

The trade body for the UK oil and gas industry is exhorting Prime Minister Theresa May to find solutions so as to minimize any Brexit fallouts, after a recent report showed that the cost of oil trading after the UK’s exit from Europe might double to approximately £1.1bn per year.

read more... 04/05/2017

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ENGIE inks renewable energy projects agreements in Asia-Pacific region

Engie, the electric utility company based in France, last week inked 8 agreements to provide modern solutions for clean energy projects in Singapore, Indonesia and Malaysia.

read more... 03/04/2017

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Daily (02.02.2017): Crude oil rallies on Iran ballistic test launch

Crude oil prices soared on Wednesday, increasing more than $1 a barrel after Iran confirmed that it recently conducted a ballistic missile test launch, a move that drew criticism from U.S. and Israeli officials this week and increased concerns about the potential violation of a United Nations Security Council resolution.

read more... 02/02/2017

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Rosneft and BP achieve dissolution of the refining joint venture Ruhr Oel GmbH in Germany

Russian oil giant Rosneft and its shareholder BP unveiled the completion of the deal to dissolve the refining and petrochemical Joint Venture Ruhr Oel GmbH (ROG) in Germany with effect from January 1, 2017.

read more... 30/12/2016

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