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.
Sweden
Normalising Hydrogen is already a thing in Europe
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 makes £10.5bn merger move on Lundin
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.
Sweden charges two Lundin execs with war crime complicity
Swedish prosecutors have charged high-ranking executives at the Lundin Group over complicity in war crimes committed in Sudan.
France joins alliance snubbed by UK to end oil and gas era
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.
Wood lands work on Europe’s largest single-site onshore wind farm
Aberdeen-headquartered Wood has been appointed as “owner’s engineer” on Europe’s largest single-site onshore wind farm.
Chevron invests in Swedish geothermal and heat power firm
Oil and gas giant Chevron has invested in a Swedish private investment company as it tries to expand its clean energy offering.
Vattenfall comfortably in the black despite ‘extreme and unusual’ year
Vattenfall stayed comfortably in the black last year despite “an extreme and unusual” 12 months for “several reasons other than the pandemic”.
Sweden says EU plan to hit world’s busiest green debt market
Sweden is fighting a draft European climate measure that it says could harm its world-beating green bond market.
Sweden’s government dodges Green split after oil plans shelved
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.
Giant wind park starting up is another blow to nuclear industry
Sweden’s biggest wind farm began producing power this month, and the region’s nuclear reactors are feeling the heat.
NEOT seizes opportunity with Kairos bunkering
Finland’s NEOT has become the first company to bunker LNG from the Kairos vessel, in Sweden’s Port of Södertälje.
Sweden to reach renewables target 12 years early on wind surge
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 gets consent to drill Alta exploration well
Lundin has been granted consent to drill an exploration well in the Alta prospect in the Barents Sea.
Google, Ikea wind power surge comes too soon for Sweden
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.
Lundin more than doubles production in 2016
Swedish energy firm Lundin Petroleum more than doubled its production and revenues in 2016.
Sweden on track to produce all energy from renewables by 2040
Sweden is on track to be producing all its energy from renewable sources by 2040.
Lundin production boost offset by foreign exchange losses
Lundin Petroleum has posted a loss in its second quarter 2016 revenues caused by foreign exchange losses.
SSAB expands Climeon solution to help boost fossil free target
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 wins Preem refinery contract in Sweden
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 to sell oil and gas assets, CFO to depart
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.
Lundin spuds North Sea well
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.