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
Westinghouse accomplished a major decommissioning project at the former Barseback nuclear power plant in Skane, Sweden. Barseback's unit 2 is not functional since 2005, while the decommissioning work commenced in August 2016.
read more... 23/03/2018
Oil prices rose slightly on Friday, maintaining most of their gains to stay close to their maximum levels in months, as major producers’ summit in Vienna announced the market was well on its way towards rebalancing.
read more... 25/09/2017
Oil prices dropped on Monday by over 2 percent ahead of the expiration of the monthly contract, slipping from last week's rally built on signs that the global market is beginning to rebalance from ongoing oversupply.
read more... 22/08/2017
A new pumped-storage hydroelectric plant, that will be essential to the rebalancing of the Israeli power grid, will be developed by GE Renewable Energy.
read more... 17/08/2017