Denmark and US unveil green growth partnership

The partnership aims to promote green growth and uncover new potential for Danish companies in connection with the US Inflation Reduction Act, says Danish Minister of Climate, Energy and Utilities.

Vestas warns against panic in the EU

Renewables

OX2 gains local backing for 1.7GW offshore wind project

The County Administrative Board of Halland has greenlit offshore wind farm Galatea-Galene. Now the Swedish government must make a decision on whether to go through with the project.

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Renewables

Dof presents new rescue plan: "We need a solution now"

The offshore operator’s new board has put forth another proposal for a restructuring plan, highlighting that it’s the final call for shareholders to secure the company’s future.

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Renewables

Equinor interested in developing offshore wind in Barents Sea

”If there is an opening for more offshore wind up north, it’s something Equinor will consider,” says senior vice president for project development.

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Vestas warns against panic in the EU

Subsidies are not the right remedy for either the ailing wind industry nor for retaining production in Europe, according to Vestas CEO Henrik Andersen.

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Renewables

Vestas warns against panic in the EU

Subsidies are not the right remedy for either the ailing wind industry nor for retaining production in Europe, according to Vestas CEO Henrik Andersen.

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Oil & Gas

Aker Solutions: Decommissioning is a huge and rapidly growing market

”Offshore constructions are neither waste nor junk, but resource banks full of materials that can be given new life in newbuilds,” says Aker Solutions’ Senior Vice President of Decom.

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Cleantech

New transatlantic partnership formed to store CO2 on Danish soil

The ink is still drying on a newstorage partnership deal. Danish Ross Energy and US Fidelis New Energy have teamed up to develop onshore CO₂storage networks in Denmark.

US company to invest big in Danish carbon storage

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Vestas suffering from untenably pricey faults

For the twelfth consecutive quarter, the OEM’s volume of warranty provisions exceeded the company target. We can’t live with this, concedes CEO.

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Renewables

OX2 develops 1.4GW of offshore wind in Finland

The Swedish developer aims to set up offshore wind farm Tyrsky in the Gulf of Bothnia in the Finnish economic zone.

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Renewables

Third New York wind tender hints at clash of the titans

Ørsted, CIP, RWE, Equinor, BP, Invenergy, National Grid and Eversource are among the bidders for this spring’s New York tender.

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Oil & Gas

Shell announces major structural changes

The oil and gas giant’s announced reorganization of various divisions is part of Shell’s natural ”evolution,” says CEO.

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Oil & Gas

TotalEnergies prosecuted for potential 'greenwashing'

Three NGOs have filed complaints over TotalEnergies, now a formal investigation target for French prosecution authorities.

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TotalEnergies prosecuted for potential 'greenwashing'

Three NGOs have filed complaints over TotalEnergies, now a formal investigation target for French prosecution authorities.

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Oil & Gas

Oil prices decline ahead of key meetings

Crude prices decrease slightly ahead of meetings in the US Federal Reserve and OPEC+ later in the week.

Policy & Trading

Floating power station to provide energy for one million Ukrainians

A Ukrainian utility is close to leasing a powervessel that will be able to supply energy for up against one million people in the war-torn country.

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Vestas CEO Henrik Andersen | Foto: motie.go.kr

Renewables

Vestas suffering from untenably pricey faults

For the twelfth consecutive quarter, the OEM’s volume of warranty provisions exceeded the company target. We can’t live with this, concedes CEO.

For subscribers

Novozymes optimistic about Bioenergy despite less US production

”Our optimism about the future remains intact,” says Novozymes CFO despite a decline in bioethanol production and cites the US’ recent legislative push to accelerate the green transition.

For subscribers

Kristian Ruby, generalsekretær i Eurelectric. | Foto: Eurelectric

Policy & Trading

Eurelectric on EU market reform: "We need evolution – not revolution"

The lobby’s secretary general urges a thoroughly conceived European electricity market reform, warning against haste and political panic.

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Renewables

GE Renewable Energy plans US expansion

The US industrial conglomerate announces the news after presenting a substantial deficit for the wind division earlier this week.

Policy & Trading

New EU energy hub to supply power generators to Ukraine

A new energy hub from the rescEU project has opened in Poland, focusing on providing power generators to Ukraine. The unit has received EUR 114m in funding from the EU.

Renewables

Equinor closes takeover of Danish solar developer

Denmark’s BeGreen is now an official subsidiary of the Norwegian oil company.

Oil & Gas

French strikes envelop oil refineries

A nationwide wave of strikes in France have spread to several sectors, including oil refineries, with deliveries to gas stations being blocked as well.

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Renewables

Vestas' early 2022 figures show strain on business

The Danish OEM forecasts an activity slump in 2023, according to the manufacturer’s preliminary financial report figures.

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Oil & Gas

Maersk Supply Service bags major offshore wind deal in Brazil

Maersk Supply Service inks major Brazilian contract from Petrobras tasking the offshore carrier’s vessel with towing and mooring a floating FPSO production facility to the Búzios oil field within the Santos Basin.

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Oil & Gas

US growth and Chinese rebound support oil prices

OPEC+ delegates will convene on Monday to draft future output quotas, while the group’s tight production policy ahead of the meeting will expectedly be maintained.

Cleantech

Novozymes surges yet again on Bioenergy

The Danish enzyme producer notes ongoing growth within several business areas, with the Bioenergy unit showing particularly strong 2022 performance.

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Renewables

Global clean-energy investments match fossil fuel for first time

New study from BNEF shows that 2022’s global investments in greener energy forms reached parity for the first time with money underwriting fossil fuels – at roughly USD 1.1trn.

Utilities

RWE doubles bottom line and exceeds guidance

Preliminary figures indicate a doubling of RWE’s bottom line in 2022. Hydro/Biomass/Gas and Supply & Trading account for most of the earnings.

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Jobs

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EnergyWatch

Denmark and US unveil green growth partnership

OX2 gains local backing for 1.7GW offshore wind project

Dof presents new rescue plan: "We need a solution now"

Equinor interested in developing offshore wind in Barents Sea

Did you read?

Vestas warns against panic in the EU

Vestas warns against panic in the EU

Aker Solutions: Decommissioning is a huge and rapidly growing market

Sign up for our newsletter

Jobs

New transatlantic partnership formed to store CO2 on Danish soil

Did you read?

Vestas suffering from untenably pricey faults

OX2 develops 1.4GW of offshore wind in Finland

Third New York wind tender hints at clash of the titans

Shell announces major structural changes

TotalEnergies prosecuted for potential 'greenwashing'

Did you read?

TotalEnergies prosecuted for potential 'greenwashing'

Latest news

Jobs

Oil prices decline ahead of key meetings

Floating power station to provide energy for one million Ukrainians

Vestas suffering from untenably pricey faults

Most read

Novozymes optimistic about Bioenergy despite less US production

Eurelectric on EU market reform: "We need evolution – not revolution"

GE Renewable Energy plans US expansion

New EU energy hub to supply power generators to Ukraine

Equinor closes takeover of Danish solar developer

French strikes envelop oil refineries

Vestas' early 2022 figures show strain on business

Maersk Supply Service bags major offshore wind deal in Brazil

US growth and Chinese rebound support oil prices

Novozymes surges yet again on Bioenergy

Global clean-energy investments match fossil fuel for first time

RWE doubles bottom line and exceeds guidance

Jobs