The Danish Energy Regulatory Authority has determined that Dong Energy has overcharged the cost of transporting natural gas from the North Sea. This amounts to DKK 200 million too much, but the consequences could end up much bigger.
Wind industry subcontractor Avanti will become part of Swedish Alimak Group, which has doubled in size in just two months.
The UK oil company is digging deep into its pockets on a mature field with new exploratory drillings.
Brazil's increasing efforts in solar power will now benefit Norway's Scatec. The Norwegian company has been hired by Brazil's Kroma Energia Ltda to erect four solar farms for a total of MW in the state of Ceará.
The French carrier Schlumberger feels compelled to make further adjustments to the market situation. Employees in Norway risk losing their jobs.
US shale oil companies are using the post-OPEC rally to hedge their oil price risk for next year and 2018 , which could translate into higher US oil production next year.
Cable producer Prysmian, headquartered in Milan, has won a bankruptcy auction for certain assets of a cable factory in China.
European automobile manufacturers are having a surprisingly tough time reaching future targets for CO2 emissions. A new report suggests gambling on electric cars to boost development may not have been an ideal decision.
The dispute over compensation claims regarding the troubled Danish Siri platform will be settled in a few weeks. According to a lawyer involved with the case, it is "extremely complicated" and called for an exceptional number of judges in the Danish Maritime and Commercial High Court.
Wind turbine manufacturer Gamesa has received an order for 115 MW from a French/Spanish partnership.
The Dutch Finance Minister has proposed increasing next year's budget for green subsidies to EUR 12 billion.
Three in one. Vestas has landed three wind farms at once in France, based on three different wind turbine types.
GE may accept a large order in its domestic market as authorities have now approved the 400 MW project.
Nordex has landed its first order for its new light-wind turbine from a small farm developer in Northern Germany.
Ahead of the company's 2016 results, all signs point to an end of the deficit streak troubling Danish energy giant Dong for the past four years. Meanwhile, it looks like last year's major oil impairment could be returned in coming quarters after OPEC reached a deal, says one analyst.
After a costly two-year oil price battle, OPEC has now decided to scale down oil production.