EnergyWatch

Oil & Gas

Statoil books best quarter in four years

The stable and recently rising oil price has spelled good news for Norwegian giant Statoil, which emerged from the first quarter with strong revenue. (Article updated)

BP and Petrobras form alliance

Two of the world's biggest oil and gas companies are teaming up in an alliance. To begin with, the cooperation aims to boost business mainly in Brazil.

Key witness will not testify in OW Bunker trial

Former OW Bunker top executive Lars Møller has placed liability for an out-of-control Singapore credit with his former CFO, who will not be presenting her version of the story in court in Denmark.

US checks all-of-the-above on list of energy types

The US needs all types of power generation, says the country's secretary of energy, although he does not rule out that the United States might have to declare a state of emergency in order to secure state subsidies for ailing coal and nuclear power plants.

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