statoil

Floating wind farms just became a serious business

Floating wind farms just became a serious business

Danish energy-trading firm Danske Commodities said it will buy all of Hywind Scotland's power over 20 years.
Wind-farm plots off of Martha’s Vineyard fetched a stunning $405 million

Wind-farm plots off of Martha’s Vineyard fetched a stunning $405 million

Nearly 400,000 acres of ocean between Nantucket and Martha’s Vineyard sold on Friday (Dec. 14) for the most money ever paid for wind-lease plots in…
If you love Bill Gates’ $1 billion clean-energy drive, start loving Big Oil’s too

If you love Bill Gates’ $1 billion clean-energy drive, start loving Big Oil’s too

The year 2016 was a big one in the fight against climate change. That year, two highly influential groups each launched a $1 billion fund…
Norway has given a cautious approval to Europe’s largest carbon-capture project

Norway has given a cautious approval to Europe’s largest carbon-capture project

Among all European countries, Norway is the only one making any serious progress on a technology crucial to helping the world reach its climate goals:…
Scotland’s floating wind farm is showing how powerful offshore wind can be

Humanity’s fight against climate change is failing. One technology can change that.

Iceland is cold. But it sits atop one of the world’s hottest underground regions, giving the country the ability to tap into a massive store…

Shell, BP Among Energy Giants to Back Blockchain Trading Platform

Several major energy firms, including BP and Shell, are partnering on a new blockchain-based trading platform.
Husky Energy Weighs Sale of Some Eastern Canada Assets

Husky Energy Weighs Sale of Some Eastern Canada Assets

To offset low oil prices and offshore returns, free capital for investment in emerging economies.