Nord Stream ready by November: engineer
Industry
Russian gas could be piped directly to Germany from November through the new Baltic pipeline despite the project’s detractors, according
Industry
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Russian gas giants begin to clash in Europe
Industry
Russia’s two biggest natural gas producers have previously avoided competing overseas because of Gazprom’s export monopoly but this has changed
Equinor cuts logistics emissions
Industry
Norway’s oil and gas giant Equinor says that since 2011 it has cut carbon dioxide emissions from its logistical operations
Germany set to import 45m tonnes of coal
Industry
Germany is forecast to import 45 million tonnes of environmentally damaging hard coal during 2019, an increase of around 1.4
UK told to U-turn on wind subsidies
Industry
The UK, Europe’s leader in offshore wind, has been urged to axe blocks on subsidies for onshore wind farms, as
US set to extend waivers
Industry
The US is set to grant fresh waivers for Iranian oil as it intensifies efforts to eliminate Iran’s exports of
Tullow promises profitable 2019
Industry
A delay in receiving payment from the sale of a stake in Ugandan oilfields has caused European-based Tullow Oil to
Volkswagen and Ford unveil EV strategy
Industry
Volkswagen has announced that it is planning to invest US$800 million to build a new electric vehicle at its factory
Steel tariffs to hammer wind power: NGO
Industry
Restrictions on steel imports into Europe could undermine wind power cost savings and the EU’s 2030 renewable energy targets, according
US threatens Nord Stream sanctions
Industry
The Donald Trump-appointed US ambassador in Germany has purportedly warned firms involved in constructing the Nord Stream 2 natural gas
Premier eyes $1.5bn Chevron fields
Industry
The debt-laden, London-listed Premier Oil is reportedly considering a share placing to help finance a deal for US$1.5 billion worth
Faroe concedes defeat after Norwegian raid
Industry
London-listed North Sea oil explorer Faroe Petroleum’s board has conceded defeat in a long-running takeover bid and advised its shareholders
Oil price has best week in two years
Industry
The international oil benchmark, Brent crude, measured its best weekly gain in more than two years, as a lively economy
Struggling oil firm eyes Indonesia sale
Industry
A struggling European-based oil explorer and producer is in talks to sell itself to an Indonesian rival. Shares in Ophir
Oil rebounds after heavy falls
Industry
Oil prices sent shares rising as Brent crude recovered from some of its losses but remained close to its lowest