Failing orders and delays have left a big mark at power plant manufacturer BWSC, which has located an increasing share of its business in the same region where a number of employees were fired due to bribery cases in February.
Utility Engie will also join the battle to win the next Dutch offshore wind project, while Innogy has opted not the place an offer due to the tender being too risky.
Utility ENBW is opening an office in Taiwan and hopes to secure 2 GW in domestic project capacity.
The turbine manufacturer has secured an order in Poland and speaks kindly of the seemingly loosened political iron grip on onshore wind, as tenders for 2.5 GW are being considered for this year.
The wind turbine manufacturer's 4.2 MW prototype preceding its newest EnVentus platform has been put into operation at a Danish test center.
Maersk Drilling does not exactly stand out in the sector in terms of low costs and speed, say several competitors and key market players.
The Danish wind turbine manufacturer is tasked with developing a weather forecasting system in Australia in order optimize energy mix balancing.
Australian investment bank Macquarie has reportedly left a group expected to bid for Petrobras' natural gas pipeline.
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A hyperactive US wind market will restrict free cash flows, says GE, which counts on installing more than 4,000 wind turbines this year – but expects its renewable energy division to book a profit margin of zero.
Energy trader Danske Commodities presents its best annual report to date and promotes its CFO to Chief Executive.
The oil major has extended the life cycles of multiple Norwegian shelf installations during the last three years, and several more will follow. This will secure thousands of jobs, Equinor informs.
Shell's CEO received over EUR 20 million last year in total renumeration, an increase of 126 percent relative to the year prior.
Nord Stream is allegedly planning to move part of its new pipeline into an independent company to circumvent new EU gas market regulation.
BNP Paribas' asset manager presents its thermal coal divestment plan worth EUR 1 billion.
One in five supply ships are unemployed and have been so for a long time in an industry where Maersk is looking to get rid of Maersk Supply Service, and the large-scale merger Solstad Offshore is working to settle comprehensive restructuring plan. The market remains "very difficult," a shipowner tells ShippingWatch.
Following corporate climate policy announcements from food producers Danish Crown and Arla, lobbyist Danish Agriculture & Food Council (L&F) now presents its vision for the domestic industry.
The Danish energy company has decided to bid on tendered Dutch offshore projects Hollandse Kust Zuid 3 & 4, and its plan includes utilizing some of their output for hydrogen production.
The German utility met its 2018 guidance but suffered a big blow. RWE is now looking forward to closing the deal with E.ON.
Norwegian wind project, Hordawind, may get turbines of up to 250 meters if the plan is approved, possibly making it the largest wind farm on the European continent.
The Technical University of Denmark has received a grant of EUR 2.55 million to install a grid-connected battery, the hitherto largest of its kind in Denmark, and it will be tested on the Baltic island of Bornholm.
The Danish energy regulator has initiated a supplemental environmental impact assessment for its planned offshore wind farm Vesterhav Nord.
A German refinery which has been idle for several years has signed a deal with a customer to produce low sulfur fuel for the coming 2020 requirements. Sources tell Reuters that the customer is Shell.
As US shale oil production surges and Brent just hit a four-month high, the US oil major now plans to extract crude from Texas' Permian basin at a breakeven price of USD 15 per barrel – a price unheard of outside Middle Eastern fields.
A large decline in US oil stockpiles last week has pushed the oil price up to the highest level since November last year.
Upcoming Dutch offshore wind farm Hollandse Kust Zuid 3 and 4. The Dutch consortium will now bid against Sweden's Vattenfall.
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