View From Statoil Rig Troll A, Photo: Harald Pettersen, Statoil
by Nerijus Adomaitis, TROLL A PLATFORM, North Sea (Reuters) – Norwegian energy firm Statoil sees some signs of gas demand in Europe recovering after years of decline, particularly in Britain, its chief executive told Reuters on Tuesday.
“For some years we have seen a reduction in the European gas consumption starting with the financial crisis, with coal substituting gas in the power generation segment and that has been a very disappointing development for us,” Eldar Saetre said.
The Governors of North and South Carolina have joined forces to advocate for maintaining the moratorium on offshore drilling along their states’ coastlines. North Carolina Governor Josh Stein and South...
Equinor ASA expects its $5 billion wind project off New York — blocked then unblocked by the Trump administration — to proceed as planned, but said further investments in US offshore wind are likely off the table.
The Department of the Interior has initiated its first offshore mineral lease evaluation in over 30 years, focusing on waters near American Samoa with the the publication of a Request...
June 12, 2025
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