Cash needed to defuse Yemen’s floating oil bomb
The United Nations has begun securing funding commitments to tackle the dangers posed by the FSO Safer, offshore Yemen.
The United Nations has begun securing funding commitments to tackle the dangers posed by the FSO Safer, offshore Yemen.
There are those that only talk about Net Zero – the “talkers”, those that are forever preparing Net Zero plans and studies – the “ditherers”, and those who are really getting on with implementing genuine Net Zero – the “doers”.
AkerBP has set out a plan to buy Lundin Energy’s E&P business, which it will pay for in a combination of cash and shares.
Swedish prosecutors have charged high-ranking executives at the Lundin Group over complicity in war crimes committed in Sudan.
France has joined a group of countries and states that support fixing a date to end fossil fuel exploration, putting its name to an initiative that was snubbed by the UK.
Aberdeen-headquartered Wood has been appointed as “owner’s engineer” on Europe’s largest single-site onshore wind farm.
Oil and gas giant Chevron has invested in a Swedish private investment company as it tries to expand its clean energy offering.
Vattenfall stayed comfortably in the black last year despite “an extreme and unusual” 12 months for “several reasons other than the pandemic”.
Sweden is fighting a draft European climate measure that it says could harm its world-beating green bond market.
One of the Nordic region’s biggest oil refineries has halted an expansion that threatened to break up Sweden’s governing coalition, comprising the Social Democrats and the Green Party.
Sweden’s biggest wind farm began producing power this month, and the region’s nuclear reactors are feeling the heat.
Finland’s NEOT has become the first company to bunker LNG from the Kairos vessel, in Sweden’s Port of Södertälje.
Swedish utilities and power generators have already installed so many wind turbines that the Nordic nation is on course to reach its 2030 renewable energy target late this year.
Lundin has been granted consent to drill an exploration well in the Alta prospect in the Barents Sea.
The quest to supply everything from data server halls, insurance companies to large furniture stores with green electricity has flooded the Nordic region with wind power and crashed a $100 million renewable-certificates market.
Swedish energy firm Lundin Petroleum more than doubled its production and revenues in 2016.
Sweden is on track to be producing all its energy from renewable sources by 2040.
Lundin Petroleum has posted a loss in its second quarter 2016 revenues caused by foreign exchange losses.
SSAB said it has decided to expand its Climeon Ocean solution on one of it sites as it looks to push toward's Sweden's goal of a fossil free Swedish steel industry by 2045.
Amec Foster Wheeler has been awarded the engineering, procurement and construction contract by Sweden's Preem for a new vacuum distillation unit (VDU) at its Lysekil refinery.
PA Resources said it will sell off all of its oil and gas assets as the company’s chief financial officer also revealed he will be leaving the firm. The Swedish Independent said a review of the company’s strategic options had been up for review since April this year. PA Resources said it had found no viable alternatives with regard to long-term financing or mergers and acquisitions.
Swedish oil and gas explorer Lundin Petroleum has begun drilling of well 25/10-12S in the Kopervik Prospect. The well will investigate the hydrocarbon potential of the Kopervik Prospect in PL25, which is located 175km west of Haugesund on the Norwegian coast.