Latest news
Siemens secures two contracts for Dudgeon offshore wind farm in UK
Siemens, as operator, has been awarded two contracts valued at £516m from Statoil for the Dudgeon offshore wind farm project.
read more... 16/01/2014
Eni to abandon shale gas projects in Poland
Italian energy firm Eni intends to abandon its shale gas projects in Poland due to unclear regulation and difficult geology, the same concerns that have already pushed other foreign firms as Marathon Oil, Talisman Energy and Exxon Mobil, to quit Polish shale. If Eni will leave as well, Chevron and ConocoPhillips would be the last two companies committed to a shale gas industry in Poland.
read more... 15/01/2014
Chevron gets the green light to develop UK’s Alder field in North Sea
The oil major Chevron unveiled it has reached a final investment decision and got the green light from the U.K. government to proceed with the development of the Alder Field in the Central North Sea.
read more... 15/01/2014
Daily: European power prices drop on higher wind power supply forecast
Brent crude oil dropped towards $106 a barrel on Tuesday as Libyan supply increased and a resumption of Iranian oil shipments appeared to get closer. Recent weak U.S. economic data has also softened the outlook for fuel demand in the world's largest oil consumer.
read more... 15/01/2014
Total to start fracking in UK
The French oil giant Total is on the brink to become the first major oil company which would explore for natural gas and oil in shale rock in UK, as the company has acquired a 40% stake in two shale gas exploration licences in Lincolnshire in the East Midlands.
read more... 13/01/2014