Latest Stories

MHI Vestas to supply turbines to SSE Energy’s Seagreen wind farms

2 June 2020

MHI Vestas has confirmed a deal to supply 1,140 MW of turbines for the UK’s Seagreen offshore.

UK delays decision for 4.2 GW of offshore wind

2 June 2020

The UK government has delayed until July 1 any decision to approve 4.2 GW of offshore wind capacity at Vattenfall’s 1.8-GW Norfolk Vanguard and Ørsted’s 2.4-GW Hornsea Three projects.

Russia's Gazprom accuses Belarus of $170mn debt for supplied gas

2 June 2020

Belarus owes no debt to Russia's Gazprom for gas, the Belarusian Energy Ministry said. "The Energy Ministry informs that the Republic of Belarus has no indebtedness for imported natural gas," it said.

Tullow, Total move closer to closing Uganda deal

1 June 2020

Tullow Oil (UK/Ireland) has cleared another hurdle towards the sale of its stake in several Ugandan projects to Total (France), owing to CNOOC's decision not to enlarge its own stake.

Sonatrach raises stake in Medgaz pipeline to 51%

1 June 2020

Algeria’s national oil company (NOC) Sonatrach has become the majority shareholder in Medgaz, the operator of a natural gas pipeline across the bed of the Mediterranean Sea, through its acquisition of a stake in the link from CEPSA (Spain).

Malta seizes $1.1bn worth of “counterfeit” Libyan dinars printed by Russian state-owned company

1 June 2020

The US State Department has announced that Malta seized $1.1bn worth of “counterfeit” Libyan dinars that were travelling by ship to the Libyan parallel government and were printed by the Russian state-owned company Goznak.