Rosneft consolidates power in Russia

State-controlled Russian oil company Rosneft has completed its acquisition of the country's fast-growing and state-owned oil company Bashneft. This is a boost in the privatization of the state's assets, says the country's president Vladimir Putin.

Photo: Gazprom

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Ørsted views zero-subsidy bid as a lottery ticket

Monday night, Vattenfall won the rights to install two Dutch offshore wind projects, and the business model for these projects seems to indicate that the firm is stumbling in the dark, says Ørsted's Wind Power CEO.

German grid operator responds to EU Commission's new investigation

After EU Competitions Commissioner, Margrethe Vestager, declared that her team will be investigating whether Germany's Tennet limits electricity access from Denmark in violation of EU regulations, the grid operator has now stated that it will let more power flow across the border.

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