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Companies

Wello sets sights on Taiwan’s waves

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Finnish company Wello has signed a memorandum of understanding with National Taiwan Ocean University’s Centre for Ocean Energy Systems (NTOU) for the exploration and...
Finance

Russia in “failure to pay” credit event, investor committee says

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A panel of investors on Wednesday determined Russia had triggered a credit event after it failed to pay nearly $1.9 million in interest on...
News

EU transport ministers call on EC to simplify allocation of EU investments for development of transport infrastructure

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EU transport ministers call on EC to simplify allocation of EU investments for development of transport infrastructure The Minister of Transport and Communications Marius Skuodis...
Energy

Shares steady as oil drops on talk of output boost

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World shares were largely steady on Thursday after recent weakness as a drop in oil prices on bets Saudi Arabia may boost production helped...
News

DeepOcean wins Vineyard Wind 1 contract

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Norway-based DeepOcean has been awarded a contract to provide subsea services to Vineyard Wind 1, the first utility-scale offshore wind project in the US. Under...
Energy

OPEC+ sees lower oil market surplus this year, sources say

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OPEC+ expects an oil market surplus of 1.4 million barrels per day (bpd) in 2022, 500,000 bpd less than previously forecast, two OPEC+ sources...
Bremerhaven Port

Kalmar signs hybrid Straddle Carrier deal with German container terminal

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  Kalmar – part of Cargotec – has signed an agreement with NTB North Sea Terminal Bremerhaven GmbH & Co. (NTB) to supply 27 hybrid...
Energy

Oil prices fall as investors await OPEC+ policy, eye Saudis

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Oil prices fell on Thursday as investors cashed in on a recent rally ahead of a key producers meeting later in the day, with...
Companies

Equinor restarts Hammerfest LNG production

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Norwegian oil major Equinor has said the Hammerfest LNG is back in production after the fire in September 2020. On 2 June 2022, Equinor informed...
Companies

Nikola investors balk at raising share count

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Nikola Corp. shareholders voted with their feet in at least temporarily turning aside the electric truck manufacturer’s proposal to increase its authorized shares. If...
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