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Norway's giant Troll gas field starts third stage of production
Norway on Friday began to pump natural gas from the third stage of its offshore Troll field, a development that will extend the deposit’s producing lifetime beyond 2050, operator Equinor said on Monday.
read more... 31/08/2021
The EU’s Carbon Border Tax Could Deal A Devastating Blow To Russia’s Economy
The European Union's carbon border tax, to enter into effect in five years, was conceived with the idea of leveling the playing field for European industrial producers and importers who manufacture their goods in much laxer emissions-related regulatory frameworks. But the border tax could have a welcomed side effect for Brussels: it could have a more devastating effect on Russia's economy than sanctions.
read more... 31/08/2021
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First oil at Norway's Rolvsnes field
Norway-focused independent Lundin Energy has started crude production from an extended well test (EWT) at the Rolvsnes field in the Norwegian North Sea.
read more... 11/08/2021
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British utility SSE to exit Scotia Gas stake for $1.70 bln
Britain's SSE (SSE.L) on Monday agreed to sell its entire 33.3% stake in Scotia Gas Networks for 1.225 billion pounds ($1.70 billion) to a Canadian consortium of Ontario Teachers' Pension Plan Board and Brookfield Super-Core Infrastructure Partners.
read more... 02/08/2021
bp and EnBW submit £10bn bid to ‘accelerate Scotland’s energy transition’
bp and EnBW have submitted a bid for offshore wind in Scotland that could make the country a global leader in the field and accelerate its energy transition.
read more... 26/07/2021