Talks on a planned sale of Dutch state-owned electricity grid operator TenneT's German unit to Berlin have hit a hitch over price, the company's outstanding bonds, and offshore infrastructure, people familiar with the matter said.The sale would…
The Netherlands and Britain plan to build what would be Europe's biggest cross-border electricity link connected to an offshore wind farm, their energy ministers said on Monday, part of efforts to boost energy security. The 'LionLink' interconnector will be able to transfer 1…
President Tayyip Erdogan last Thursday flicked the switch on Turkey's first delivery of natural gas to an onshore plant from a reserve discovered in the Black Sea, and promised to provide free natural gas for households before May 14 elections…
Denmark has signed a 5-year agreement with Ukraine to help the war-torn country rebuild destroyed wind capacity and strengthen its independence from Russia on energy, the Danish Climate Ministry said on Tuesday. 'The new 5-year collaboration…
A noticeable recovery in the West African offshore floating rig market (semisubmersibles and drillships) has been slower to arrive than the other two points of the Golden Triangle – Brazil and the US Gulf of Mexico – but now appears to be well underway…
Woodside Energy Group Ltd's WDS.AX shareholders on Friday supported its management pay report and re-election of directors despite a strong push by activist groups and some smaller investors upset over its climate report to reject the plans…
Denmark has lifted restrictions on sailing in waters near the Nord Stream pipeline leaks in the Baltic Sea and said it was no longer dangerous for ships to navigatein the area. The restrictions were lifted by the Danish Maritime Authority (DMA) at the recommendation of the Danish Energy Agency…
DNV has started a new Joint Industry Project (JIP) to increase certainty in the design process for wind farms challenged by earthquakes. The so called ACE2 JIP is a follow-up project of “Alleviating Cyclone and Earthquake Challenges” (ACE) JIP…
Leaders from European countries surrounding the North Sea pledged on Monday to rapidly scale up offshore wind power generation in the region to strengthen energy security, at a summit in Ostend, Belgium.Leaders from seven European Union countries…
Italian energy group Eni said on Friday its first-quarter net profit fell 11% year on year on lower oil and gas prices compared with the first three months of 2022, when Russia's invasion of Ukraine sent energy prices soaring. Adjusted net profit for the period came in at 2…
German chemicals group BASF on Thursday said it was working to exit energy business Wintershall Dea, with a stock market listing remaining the preferred option.CEO Martin Brudermueller also flagged a possible sale of the oil and gas producer to investors…
Norway's second-largest listed oil company Aker BP said on Thursday it was maintaining its outlook, and its quarterly dividend at $0.55 per share, despite reporting an on-year fall in quarterly operating profit. The company, partly owned by BP…
Britain's High Court is expected to decide on Tuesday whether to grant Greenpeace permission to proceed with a challenge to the country's last oil and gas licensing round on climate grounds, the activist group said on Monday.Last year Britain…
UK-based union Unite said Friday that historic 48-hour strike action would hit platforms in the UK North Sea.Unite said that 1300 offshore workers would begin a 48-hour stoppage from Monday, April, 24, which will cause 'severe' problems for major oil and gas operators…
SLB beat Wall Street estimates for first-quarter profit on Friday, as elevated crude prices and tight supplies fueled demand for its oilfield services. Global crude prices averaged $81.24 a barrel in the January-March quarter, down nearly 20%…
Subscribe
