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EU Environment Committee votes to revive ailing Emissions Trading System

The EU Parliament's Environment Committee voted to strengthen its carbon quota scheme on several fronts. Electricity association Eurelectric is pleased, but the proposed changes have been criticized for offering band-aid solutions.

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Ineos to bring Solsort on board in Hejre development

The new Danish company will continue work on the controversial Hejre field and this will be achieved by utilizing synergy effects from neighboring field Solsort. Meanwhile, several small fields could be connected to the project, according to Ineos Oil & Gas Denmark's new CEO.

Shell to redevelop Penguins

The oil company has made the largest investment decision in the North Sea since Maersk's gas field Culzean. The cautious era of the downturn is now over, according to an analyst.

MHI Vestas appoints new chief execs

The offshore wind turbine manufacturer is hiring a Frenchman and a former Nordex executive from Denmark as its new CEOs, while Anders Runevad will serve as new chairman of the board.

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