The move is part of SSE’s wider strategy to focus on its core businesses of regulated networks, renewables, flexible thermal generation and business energy sales, the company said.
Shell is the world’s largest oil trader. The trading operations often help oil producers offset large swings in oil prices and in some cases can generate large profits.
Libya's biggest oilfield, El Sharara, will remain shut until an armed group occupying the site leaves, the head of National Oil Corp (NOC) said on Jan. 29, more than a month after the field closed because of a protest.
‘One-of-a-kind’ deal diversifies partners’ interests.
German utility Uniper says FSRU will give U.S. LNG exporters an outlet to Europe.
Scatec Solar, which aims to operate 3.5 gigawatt (GW) of capacity around the world by the end of 2021, said it was in talks on several potential deals to supply between 50 megawatts (MW) and 200 MW, similar to the scale of contracts with utilities.
Gas pipeline would have crossed the Pyrenees.
OMV CEO reacts to warning to companies by U.S. ambassador to Germany.
Any attempts by the United States to stop Europe buying Russian gas via additional sanctions against Moscow would be an attack on the continent’s sovereignty, a German business group said on Jan. 11
Turkey has resumed imports of Iranian crude oil after a one-month hiatus in November when U.S. sanctions on Iran were reimposed, trading and shipping sources said.