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French Total to quit Shtokman gas project

French oil giant Total is envisaging selling its 25 percent stake in the Shtokman Development AG to Russian energy major Gazprom, becoming the last partner to exit from the gas project in the Barents Sea.

read more... 24/09/2013

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Top 5 largest offshore wind farms in the world

Total offshore wind capacity in Europe stands now at 6,040 MW in 58 wind farms across 10 countries, up from 4,336 MW in June 2012. However, UK remains the world leader in terms of offshore wind capacity.

read more... 16/09/2013

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Cyprus could become a natural gas hub by 2025

Natural gas reserves in the six gas fields licensed to Noble, Total, Kogas and ENI could total about 1.1 trillion cubic metres or 38.9 trillion cubic feet, unveils an article published in the quarterly Oxford Energy Forum, KRETYK’s Chairman Charles Ellinas.

read more... 16/09/2013

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Siemens: Denmark’s biggest offshore wind power plant officially inaugurated

Siemens has officially inaugurated the Anholt offshore wind power plant, which is the biggest wind power project in Denmark, with a total capacity of 400 MW.

read more... 09/09/2013

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Novatek in a gas deal with E.ON

Russia’s biggest independent gas producer Novatek, has contracted a deal with E.ON Russia, the Russian subsidiary of Germany's E.ON, to supply more gas in the period from 2014 to 2027. The deal would have a total cost of more than 8.5 billion dollars.

read more... 04/09/2013

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