Summer 2018 marks a point in time when yet another oil major invests in recharging solutions for electric cars. Danish EV recharging firm Clever however, is not worried about being outcompeted.
Rambøll and Google will collaborate on a type of software which could slash up to 30 percent of the price on offshore wind turbines and foundations.
Trump's sanctions against Iran have prompted French Total to withdraw from a billion-dollar project in Iran.
APM Capital, an affiliate of A.P. Møller Holding, has raised EUR 846 million for investment in infrastructure in Africa. The fund management company's previous plan to acquire an energy company in Zambia fell through under one month ago.
The US wants to export more LNG to Europe, and the continent is prepared to accepted it, provided the price is competitive, says the EU Commission president according to Bloomberg.
European Energy has entered a deal to sell its 39 MW Bosco Le Piane wind farm in Italy.
Jim Ratcliff, majority share holder and founder of chemical multinational Ineos, which purchased Danish utility Ørsted's oil and gas fields, is among the UK's richest individuals.
There is a concern that growth in some of the world's fastest-growing new markets will hit a few speed bumps over the coming period.
Even though Ørsted has not yet succeeded in winning any of its bids for US offshore wind projects, the CEO refrains from underbidding.
A number of shipowners wants a US court to determine whether OW Bunker continued to sell oil even though senior management knew the company was beyond recovery. If determined, it could open up for damage claims in the US, says lawyer.
The bioenergy division of Danish enzyme producer Novozymes shows Q2 2018 revenue at DKK 695 million (EUR 93.3 million).
The two companies have also signed a declaration of intent, which gives Ørsted exclusive rights to discuss a potential capacity development of up to 2 GW offshore wind.
Swiss-based commodity trader Trafigura has filed for permission to build a terminal in Texas which can be used by the largest oil tanker vessels. The project will facilitate the growing export of US crude oil.
An unintentional consequence of US President Donald Trump's trade war on China is that China proposes to impose tariffs on the import of LNG and crude oil from the US, according to Reuters.
While the oil price has already increased significantly this year, offshore companies and carriers may be the ones who benefit most. According to the founder of US Energy Aspect, Amrita San, US sanctions against Iran will push up prices from the beginning of November.
The two Norwegian subcontractors have secured extension of a contract with Equinor for utility and commissioning work related to the riser platform in giant field Johan Sverdrup.
Ørsted's acquisition of US onshore wind developer Lincoln Clean Energy will improve the Danish utility's access to the US offshore wind market.
The market for decommissioning offshore oil and gas rigs as well and wind farms is emerging, and several operators are now starting to negotiate agreements and enter contracts, tells partner and attorney at Danish law firm Poul Schmidt, which provides legal council to the industry.
The US will introduce sanctions and this time they are directed towards Russia due to the nerve agent attack against the former Russian agent Sergej Skripal and his daughter in the UK in March.
Today, the Danish utility and developer announced that it has purchased the US-based onshore wind developer Lincoln Clean Energy.
The Danish turbine foundation producer has entered a joint venture agreement with Century Wind Power.
The German wind turbine manufacturer will deliver up to 300 MW to its projects in Spain.
The Danish utility states in its 2018 second quarter report that it is confident about reaching the high end of market expectations for the year, despite a decline in operating income.
The turbine blade manufacturer has acquired the Dutch test center WMC.
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