EnergyWatch

Oil companies indicted in corruption case

Shell and Eni are facing a big legal case in Nigeria. A suitcase containing thousands of documents has been uncovered in Geneva, constituting the latest development in the case regarding an oil field acquisition for USD 1.3 billion.

Statkraft to pay EUR 5 million to Nasdaq fund

Norwegian Statkraft now reveals what it will lose on account of Norwegian energy trader Einar Aas' major gamble that resulted in huge losses and a depleted capital reserve fund within Nasdaq Commodities.

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Better Energy and ATsolar join forces in new company

The two Danish companies are now consummating their collaboration by establishing the new company Better Energy Solutions, which, according to the parties, will become Northern Europe's leading supplier of large-scale solar systems.

Major energy trader suffers giant loss

Norwegian major energy trader in future power costs, Einar Aas, likely faces personal bankruptcy in what looks like the biggest loss suffered by a private individual in an energy trade.

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