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Dec 9 (Reuters) - Russia's Lukoil has until December 13 to negotiate the sale of the bulk of its international assets after the U.S. imposed sanctions on the company and rejected its initial buyer, Swiss commodity trader Gunvor. Lukoil's international assets, spanning upstream oil and gas projects, refining, and more than 2,000 filling stations across Europe, Central Asia, the Middle... Continue Reading →
Dec. 4 (OE) The Borkum Riffgrund 3 offshore wind farm, jointly owned by Ørsted and Nuveen Infrastructure, has started delivering power to the German grid. The 913 MW offshore wind farm delivered its first power to the grid on December 3, 2025. The renewable electricity from Borkum Riffgrund 3 will, through several long-term corporate power... Continue Reading →
Dec. 2 (renews.biz) Principle Power has named João Amaral as its new chief executive officer, succeeding Julian Arrilaga Costa, who will stay on in an advisory role until the end of the year. Amaral joins the company from Voltalia, where he was group chief technology officer. He brings more than 20 years of renewable energy... Continue Reading →
Nov 26 (Reuters) - French state-owned utility EDF is considering selling all of its U.S. renewable energy business, its CEO said on Wednesday, as the company focuses on building up its domestic nuclear operations and U.S. support for wind and solar has been rolled back. Bernard Fontana said the company was considering selling "between 50% and 100%" of its... Continue Reading →
Nov. 17 (Reuters) As COP30 kicks off its second week in Brazil, much has changed since the landmark Paris climate agreement was penned 10 years ago.The spirit of cooperation that once reigned has been shattered by economic rivalries and a stark divergence in climate policies among the world’s biggest polluters.The landmark UN COP21 climate agreement... Continue Reading →
Nov. 17 (OE) Allseas’ small modular reactor (SMR) technology could generate up to $150 million billion in economic value for the Netherlands and create as many as 40,000 new jobs by 2050, according to an impact study released on Monday by the offshore engineering group. The study, conducted by consultancy Roland Berger, found that deploying... Continue Reading →
Nov. 12 (offshoreWIND.biz) Ørsted has reduced its carbon emissions by 98%, becoming the first energy company in the world to achieve its science-based 2025 decarbonisation target, the Danish firm announced on 12 November. Renewable energy accounts for 99 per cent of the company’s energy production, while its scope 1 and scope 2 emission intensity has... Continue Reading →
Nov. 11 (offshore-energy.biz) How smarter ROV deployment starts with smarter, real-time sea state measurement. The deployment of remotely operated vehicles (ROVs) is one of the most critical and riskiest activities in offshore operations. These subsea systems are essential for tasks such as inspections, repairs and construction in challenging underwater environments. But when it comes to... Continue Reading →
Nov. 6 (offshoreWIND.biz) The 3.6 GW Dogger Bank Wind Farm, which will become the world’s largest offshore wind farm once fully operational, will boost the UK economy by GBP 6.1 billion (approximately EUR 6.9 billion) during its lifetime and support thousands of UK jobs over the next decade, according to a report written by BVG... Continue Reading →
Oct. 22 (OE) Ocean Winds, the 50-50 joint venture between Portugal’s EDP Renováveis and France’s Engie, has agreed to sell a 20.25% stake in its 500 MW Îles d’Yeu et Noirmoutier offshore wind project in France to Allianz Global Investors for $232 million. Located in Vendée on France’s Atlantic coast, the Îles d’Yeu et Noirmoutier... Continue Reading →
Brazil Energy Insight 