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Norway calls on oil firms to boost exploration and investment
Norwegian oil and gas companies should boost investments in exploration and production to slow an expected decline in the country's output in the coming years, the national petroleum industry regulator said in a resource report on Wednesday.
read more... 22/08/2024
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Norwegian oil companies to further increase oil investments
Norwegian oil and gas investments are expected to hit a record this year and to stay high in 2025, driven by a string of ongoing field developments and cost inflation, a national statistics office (SSB) survey showed on Thursday.
read more... 15/08/2024
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Financing model proposed for new Swedish reactors
A Swedish government study has proposed that state aid be given to companies for investments in new nuclear power following an application procedure. It says a new legislative act should regulate conditions for receiving the support, the support measures, and what an application must contain.
read more... 14/08/2024
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TotalEnergies completes purchase of UK 1.3 GW gas plant
French energy major TotalEnergies has completed its GBP 450m acquisition of UK power producer West Burton Energy – which runs a 1.3 GW gas-fired power plant – from investment firm EIG, West Burton Energy said on Friday.
read more... 12/08/2024
Spain To Spend $18B on 300 Clean Energy Projects
The Spanish government has authorized the construction of nearly 300 clean energy projects with a capacity of more than 28 gigawatts, representing a combined investment worth over 17 billion euros ($18.4 billion).
read more... 30/07/2024