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Fredriksen takes aim at former Seadrill management

In Norwegian business daily Dagens Næringsliv, John Fredriksen lashes out at the former finance division at Seadrill in the wake of the company's current financial dififculties. "We are now once again in a bind because of these finance people," says the shipping billionaire.

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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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