eMobility: E.ON and Nissan enter into strategic partnership

by Timothy Reeder | Mar 20, 2018 | News

E.ON and Nissan pool their international expertise in the field of electric mobility and distributed energy generation and storage. At the Geneva Motor Show Nissan and E.ON have agreed on a strategic partnership to explore opportunities on pilot activities and...

Shell announces sale of New Zealand interests to OMV for USD 578mln

by Timothy Reeder | Mar 20, 2018 | News

Royal Dutch Shell plc (Shell), reached an agreement today to sell its shares in Shell entities in New Zealand, to OMV for USD 578mln. This follows a two-year strategic review of Shell’s interests in New Zealand and the sale of Shell’s interest in Kapuni in 2017. It is...

Statoil to change name to Equinor

by Timothy Reeder | Mar 15, 2018 | News

The board of directors of Statoil proposes to change the name of the company to Equinor. The name change supports the company’s strategy and development as a broad energy company. The name Equinor is formed by combining “equi”, the starting point for words like equal,...

Total Closes the Maersk Oil Acquisition and Becomes the Second-Largest Operator in the North Sea

by Timothy Reeder | Mar 8, 2018 | News

Total announces the closing of the Maersk Oil acquisition signed on 21st of August 2017. It brings to Total around 1 billion barrels of oil equivalent of 2P/2C reserves and resources, mainly in the OECD countries, and a production of about 160,000 barrels of oil...

Statoil enters offshore wind in Poland

by Timothy Reeder | Mar 7, 2018 | News

Statoil has signed an agreement with Polenergia to acquire a 50 % interest in the two early phase offshore wind development projects in Poland, Bałtyk Środkowy III (BSIII) and Bałtyk Środkowy II (BSII). The two projects have a planned capacity of 1200 MW with the...

UK carbon emissions lowest in more than 100 years

by Timothy Reeder | Mar 7, 2018 | News

Carbon emissions coming from the UK have seen a significant downward shift over the past two decades and now sit at a level not seen since 1890. The decline has been credited to the migration away from the use of coal in the country’s power stations. In 2017,...