Brexit not the priority for European Union countries, admits Philip Hammond
Brexit is not a dominant issue for European Union countries, Philip Hammond acknowledged as he called for jobs and prosperity to be the first priority in the negotiations.
Europe
No new coal power plants for Europe post 2020
The European power sector will not invest in any new coal plants after 2020, it has announced, striking another blow for the struggling fossil fuel.
Solar firm expands after securing pan-European renewables
A Moray solar panel energy company is planning to double its workforce and expand its production facility.
Pan European group get EC backing for R&D into tidal turbine tech
A European tidal energy consortium has secured funding for the research and development of a potentially cost-cutting technology for tidal turbines.
Europe’s oil capital gets hydrogen filling station
Europe's oil capital has opened its second multimillion-pound hydrogen filling station along with the launch of a fleet of 10 green cars.
Europe savors taste of Brazilian oil with more blocks opening
Norway’s Statoil ASA, the U.K.’s Royal Dutch Shell Plc and France’s Total SA have paid billions since 2013 to gain access to Brazil’s fertile offshore oil riches. They’re now seen as having the best chance to expand when Brazil later this year auctions four more blocks in the prolific play known as the pre-salt along the country’s east coast.
Wind boost for EU grid amid claims of a lack of long-term renewables support
Renewables accounted for almost 90 per cent of new power added to Europe's electricity grids last year - but industry experts claim that green schemes are facing a lack of long term support.
How Theresa May’s Brexit speech was reported in Europe
European newspapers have responded to Theresa May’s speech setting out her priorities as she negotiates the UK’s exit from the European Union (EU) with a series of striking front pages.
Gazprom admits US could challenge European supply dominance
Russian energy major Gazprom has admitted that imports of LNG from the US could threaten its European dominance, a news report said.
Norway government crisis averted as budget deal is secured
Norway’s minority government reached a budget deal with its two support parties, bringing an end to a political crisis that risked culminating in a confidence vote at a debate in parliament on Monday.
Opinion: UK moves to exploit EU shock tax system won’t help Brexit
When the European Commission last month demanded Apple pay up to 13 billion euros in back taxes to the Irish government, it gave the Brexit-battered UK government an opening. Number 10 and the Treasury were quick to stress Britain was “open for business” and they welcomed “any company wishing to invest in Britain and Britain’s workforce.”
BASF’s Wintershall studies access to Europe’s biggest gas link
BASF SE’s Wintershall unit is studying how it can participate in a project to expand a link from Russia to Germany into the European Union’s biggest gas import point.
Gazprom to auction gas into Europe where buyers have the edge
Russia’s Gazprom PJSC will start a round of natural gas auctions for utilities and traders in Europe on Wednesday, a further sign the world’s biggest exporter of the fuel is becoming more market orientated.
ONS 2016: WoodMac says $50bn wiped from capital investment in Norway
An estimated $50billion has been removed from a forecast of capital investment in Norway over the next four years.
Europe’s energy capital scents relief from gridlock as bypass junctions open
After decades in the planning and hundreds of millions of pounds – motorists are finally driving on the Aberdeen bypass.
Biden: Nord Stream 2 pipeline “bad deal” for Europe
US Vice President Joe Biden has said the US believes the Nord Stream 2 pipeline is a "bad deal" for Europe.
NorSea Group to make up to 100 redundancies
NorSea Group has said up to 100 jobs are set to go in Norway.
ONS: Beating the crisis….building for the future
Two years ago during Offshore Northern Seas, the oil price was falling, having dropped to around $100 compared with just short of $115 on June 20, 2014.
Strike action looms again in Norway for more than 600 workers
SAFE union has warned more than 600 workers could go on strike later this week if an agreement is not reached with the Norwegian Oil Industry Association (NOIA).
Google buys up 12 years’ worth of wind power from Norwegian firm
Google has bought the entire 12-year power production from a Norwegian wind power farm to help supply its European data centres with renewable energy.
Cairn and Kosmos banned from Norway’s sovereign fund portfolio
Norway's sovereign wealth fund has banned Cairn Energy and Kosmos Energy from its portfolio due to their business in the disputed territory of West Sahara.
Bandak to cut 92 jobs amid oil price decline
Norwegian industrial group Bandak said it has filed for bankruptcy with the loss of 92 positions from the company.
Det Norske to cut 12 jobs, 50 contractors roles to go by end of 2016
Det Norske is to make up to 12 staff members redundant while 50 contractor positions could go by the end of the year.
Dutch government caps gas field production following earthquake concerns
The Dutch government said on Friday that it would lower the cap on production at the Groningen gas field to 24 billion cubic metres a year for the next five years.
Brexit: Norway’s largest financial market warns country’s oil and gas sector will be hit hardest
Norway's largest financial group said the country's oil and gas industry will see the biggest impact from the Brexit vote.