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Total and Qatar Petroleum to create a new company to develop Al-Shaheen oil field

French oil giant Total inked a deal with state-owned Qatar Petroleum to create a new company, called the North Oil Company.

read more... 29/06/2016

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Daily: European spot power prices decline on mild weather, firmer wind, solar supply

Crude oil prices rose over 3 percent on Tuesday, with investors buying back into the market after a two-day a two-day rout caused by Britain’s vote to quit the European Union. Brent crude futures advanced 3 percent, or $1.42, to close at $48.58 per barrel. U.S. crude climbed 3.3 percent, or $1.52, to settle at $47.85.

read more... 29/06/2016

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Norway-England subsea power link to advance despite Brexit

The construction of a subsea power link between Norway and England will continue despite Britain’s decision to leave the European Union, declared Norwegian transmission grid operator Statnett.

read more... 28/06/2016

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Poland gets first spot LNG cargo from Statoil

Poland’s state-owned gas distributor PGNiG received its first spot liquefied natural gas (LNG) from Norway’s Statoil originating from its LNG facility on Melkoya Island.

read more... 28/06/2016

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Danish Dong will surpass 2020 target with German wind farm

Denmark's Dong Energy will surpass its 2020 goal of installed wind capacity with the addition of the German offshore wind farm Borkum Riffgrund 2, as announced by the firm on Friday.

read more... 28/06/2016

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