What at first looked like an ordinary oil trade in West Africa has developed into a court dispute in London, Dubai, and Lagos. ShippingWatch has reconstructed the events which involve Danish businessman Jesper Øhlenschlæger, tax shelter company Nordic Oil & Gas, bunker company Endofa, and carrier d'Amico.
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With the publication of the new list of energy infrastructure projects that the EU Commission plans to support, it is evident that electricity is prioritized over gas. The Danish Energy Association is pleased but demands that the commission be consistent.
Politically charged shifts in systems are underway while the supply chain undergoes a complete overhaul. Research manager says the current political uncertainty in the US is the last thing the industry needs. But the challenges are still limited and the industry is largely its own worst enemy.
The Danish steel wool manufacturer will spend EUR 50 million to expand its production capacity in eastern Europe, after the government in Romania said it aimed to increase energy efficiency in the country's buildings.
Nordic Power Trading once again succeeded in making solid returns on the electricity market. According to the firm, it is the best performing Nordic hedge fund for the third consecutive year within Nordic electricity on Nasdaq Commodities.