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Norway anticipates a drop of oil investments by 21% by 2017

Norway anticipates its oil and gas investments, a keystone of its economy, to fall by around 21 percent by 2017 from a record high last year, as stated by the government in its 2016 budget on Wednesday.

read more... 09/10/2015

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EIB agrees to invest about €7bn in renewables

The European Investment Bank has authorized approximately €7billion of new loans for investment in green energy, water infrastructure and other strategic infrastructure projects at a meeting in The Hague.

read more... 24/09/2015

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UK to lose its crown in terms of renewables investments

The UK is likely to lose its attractiveness in terms of renewables investments, following government decision to curb its subsidies for clean technology, according to a quarterly report published by EY.

read more... 16/09/2015

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UK: Investment in North Sea oil industry hit by oil price collapse

Investment in U.K. North Sea oil and gas projects is expected to drop considerably by up to 4bn per year through to the end of 2018, as the collapse in oil prices forces the industry to cut back.

read more... 09/09/2015

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Russia’s Novatek will vend 10% of Yamal LNG to Chinese fund

Russia's second-largest gas producer Novatek is on the brink of selling a 9.9 percent stake estimated at approximately $1.4 billion in its Yamal liquefied natural gas (LNG) project to a Chinese investment fund, as stated in the Kommersant business daily on Monday.

read more... 26/08/2015

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