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DOF to issue shares worth millions to survive ahead to 2022

Norway's DOF, which has been through a financial crisis and a subsequent restructuring, is looking to raise NOK 500 million in a new share issue. The fresh funds will pad the carrier ahead to 2022, reports Sysla.

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Vestas wins largest order to date in India

With a 250 MW order for the Indian market, Vestas has beaten its previous records in the country. This order boosts the Danish turbine manufacturer's Indian order count up to 480 MW for 2017.

Crack and explosion show risks of Europe's aging energy networks

A crack was discovered on the Forties Pipeline System in Scotland, while an explosion cost one fatality and injured at least 18 people at a gas plant in Austria. Repairs and concerns about dangerous incidents will only become more common in Europe's oil and gas infrastructure.

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