EnergyWatch

New oil company to spend NOK 20 billion on Norwegian Shelf

NOK 20 billion is the remarkable sum that oil company Point Resources plans to spend on exploration and production activities on the Norwegian Shelf over coming years, the firm announces in a press release.

Photo: PR-foto: Point Ressources

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German wind prices rise by one fifth

After dramatic price declines and major criticism of German onshore wind auctions, the average price saw a significant boost in the first auction since the provisional tightening of the rules for citizen projects. Solar power is thus cheaper than wind.

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