Latest news
Daily (03.10.2018): The German spot power price tumbled by 57% on Tuesday due to higher wind generation
Global oil prices slipped slightly on Tuesday due to reduced demand. However, the market’s anticipation of tighter supply once U.S. sanctions against Iran’s oil industry will come into effect early next month kept oil prices above $84 level.
read more... 03/10/2018
West of Shetland deal provides big boost for oil and gas industry
Norwegian oil and gas giant Equinor has shown huge confidence in the potential of the West of Shetland area by striking a deal to buy in to Rosebank, which it described as one of the biggest undeveloped finds on the UK Continental Shelf.
read more... 02/10/2018
Siemens Gamesa wins new contracts in Spain
Siemens Gamesa, a leader in the renewable energy industry, has continued winning new contracts in Spain, having recently sealed deals with WPD, Brial and a major energy company for the supply of 233 MW.
read more... 26/09/2018
Norway’s Offshore Oil Boom Is Back On
The rise in oil prices brought about the recovery of Norway’s oil industry, with companies lining up plans to invest in boosting oil production on the Norwegian Continental Shelf (NCS)—surely most welcome news for Western Europe’s biggest oil and gas producer, which faces a decline from the mid-2020s onwards if new large discoveries are not made soon.
read more... 17/09/2018
OMV closes divestment of Samsun power plant
Austria's OMV said that it closed the sale of MV Samsun Elektrik Uretim Sanayi ve Ticaret AS, (OMV Samsun Electric Production, Industry and Trade) - a natural gas combined cycle plant located in the Samsun province in Turkey's Black Sea region to Turkish Bilgin Enerji.
read more... 07/09/2018