European Energy adorns bottom line with sums from previous years
The Danish wind developer has done so well in earnings over recent years that the Danish Business Authority asked the company to slow things down. Now, European Energy is aiming to land a major loan which could significantly grow the project pipeline over time.
Operations at oil fields Gudrun, Oseberg Syd, and Oseberg Øst have resumed after the Norwegian government proposed to solve the labor dispute in a court of arbitration. All fields are expected to return to full operation within days.
A majority in the European Parliament has spurned attempts to put a stop to a contentious proposal which would classify gas and nuclear power investments as sustainable. Greenpeace announces legal challenge.