Wind power delivers almost half of Denmark’s energy need for 2017
Offshore and onshore wind turbines provided 43.6% of Denmark’s total energy requirement for 2017, nearly half of the country’s energy consumption.
OPEC wins over hedge funds to make 2017 oil’s most bullish year
Oil bulls are charging into the new year with unprecedented vigor, and the credit goes to OPEC.
Ineos confirm Forties pipeline now ‘fully operational’
The Forties Pipeline System from the North Sea is now fully operational and all restrictions have been lifted, Ineos confirms.
China denies violating UN’s North Korea oil supply rules as ship is seized
China has denied violating UN limits on oil supplies to North Korea after the US president criticised Beijing for allowing oil to get there.
Canada the United States’ largest energy trading partner, data shows
The largest energy trading partner to the United States is Canada, according to the US Census Bureau annual data report.
Mining stocks cause second year all-time market high
London’s top-flight index finished on an all-time high for the second year in a row as surging mining stocks ensured a strong performance from the market.
Safety cordon removed after repairs to Forties Pipeline complete
Road restrictions around a major North Sea pipeline have been lifted following the completion of work to repair a fault in the pipe.
Shell to increase North Sea production in ‘coming days’
Oil giant Shell has confirmed that it will undertake a phased increase in production within the "coming days" from its Shearwater and Nelson platforms now that the Forties pipeline has been mechanically repaired.
Oil fightback sets stage for another OPEC-shale battle in 2018
Oil’s revival from the biggest crash in a generation persisted, with prices set for a second annual gain after weathering everything from hurricanes and Middle East conflict to the tussle between OPEC and U.S. shale.
Forties pipeline ‘back to normal’ by new year
Ineos has announced that it expects the Forties pipeline to be back up to normal rates around the New Year period.
Scottish cities to focus on green hydrogen energy
The Scottish Cities Alliance will focus on developing hydrogen technology across Scotland in 2018.
Scotland’s ‘world-leader’ status in renewables must be maintained, say campaigners
Scotland must continue to build on the success of its renewable energy industry in the new year, campaigners and industry groups have said.
Debt for Soviet nuclear disarmament was floated, government files show.
European officials floated plans to write off billions of dollars of Soviet debt in return for nuclear disarmament, according to newly-released government files.
WATCH: Statoil’s project highlights for 2017
See what the Norwegian energy giant has been up to this year by watching Statoil's 2017 project highlights.
Oil price rockets to highest-water mark since 2015
Oil prices were trading at three-and-a-half year highs on Thursday as investors cheered signs of stronger crude demand from China.
Aberdeen Asset Management ‘not quite ready’ to buy back into Petrobras
Petrobras may be making progress in its plan to reduce debt, but a former shareholder in the state-controlled energy giant isn’t ready to jump back in quite yet.
BNK Petroleum announces drilling and bank borrowing increase
BNK Petroleum Inc. has announced that its indirect wholly-owned subsidiary BNK Petroleum (US) Inc. has obtained an increase in its Borrowing Base to US 30,000,000 on its US 75,000,000 revolving line of credit (“credit facility”) from BOK Financial (“BOKF”).
CNOOC’s Weizhou field begins production
China’s largest producer of offshore crude oil and natural gas has announced that production has commenced at the Weizhou field.
Siemens lands Italian onshore wind contract double
The Basilicata region of Italy is to see two new wind projects as Siemens Gamesa has put pen to paper on two contracts to provide 23 onshore turbines.
Gazprom says Austria gas blast isn’t a reason to pick on Russia
Europe shouldn’t overreact to the shock to natural gas markets caused by an explosion earlier this month in Austria, according to Gazprom PJSC.
BP, Shell restart fields as Forties gets going again
BP has restarted production through its ETAP and Bruce hubs, though Andrew remains offline.
Green light given for drilling at Ireland’s Barryroe well
Landsdown Oil and Gas and Providence Resources has announced it has been granted permission to begin drilling at the 48/24-K Barryroe appraisal well in the Barryroe Field.
Nexen to be charged over Long Lake explosion deaths
An explosion which killed two people at a Nexen plant will see the firm charged over the deaths.
CenterPoint sending repair crews to Puerto Rico
Houston's CenterPoint Energy will send crews to Puerto Rico in January, as part of a national effort to repair the island's power grid after Hurricane Maria hit this fall.
Oil trades above $59 as Libyan output falls after pipeline blast
Oil traded above $59 a barrel as crude production in Libya fell below 1 million barrels a day after a pipeline explosion Tuesday.