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Kollsnes gas processing plant back to normal after yesterday leak

Kollsnes gas processing plant has resumed its activity at full capacity, after yesterday’s leak. Kollsness is a large gas processor, with about 40% of total Norwegian gas processing.

read more... 21/05/2010

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Statoil’s evacuation of North Sea platform

Statoil, the largest Norwegian oil and gas producer, had reported the evacuation of the North Sea oil platform today due to the modifications in the well pressure.

read more... 21/05/2010

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Offshore renewable energy in UK

The offshore renewable energy industry in UK might produce electricity corresponding to one billion barrels of oil per year, matching oil and gas output in the North Sea, as stated in a report.

read more... 20/05/2010

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The euro coal price dropped by $1.50 per ton

FOB South African and Europe prices for delivered coal cargoes dropped by nearly $1.50 per ton on Wednesday, due to weak oil and power.

read more... 20/05/2010

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Great Britain's National Grid intend to increase its rights issue

The National Grid of Great Britain is going to increase its rights issue by 3.2 billion pounds ($ 4.6 billion) in order to sustain its credit rating and fund increased investment, registering already, a 12% increase in its profit.

read more... 20/05/2010

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