Russian forces likely control the eastern Ukrainian town Soledar, in the Donetsk region, having advanced for the past four days, according to the British defence ministry. A daily update by the ministry said on Tuesday […]
NewsBanks Britain’s financial watchdog has fined the UK subsidiary of Nigeria’s Guaranty Trust Bank 7.6 million pounds ($9.3m) for what it says are further failures in its anti-money-laundering systems and controls. “These weaknesses were repeatedly […]
Exagen has confirmed that it has submitted plans for a 500MW/1GWh battery storage mega-project to Blaby District Council. Situated in Leicestershire, the Normanton Energy Reserve will be created across 19 acres, have a capacity of 500MW/1GWh […]
Offshore rig owner Island Drilling has secured a contract extension for its semi-submersible rig, which will prolong the rig’s assignment in the UK. Island Drilling revealed on Thursday that Dana Petroleum exercised the optional work […]
British rail workers started the new year with a week-long strike on Tuesday, disrupting commuters across the UK. By Thursday, the industrial action spread as some of London’s largest railway stations were shuttered. Train service […]
Wind energy generation technology is one of the hottest topics on offshoreWIND.biz year after year and 2022 was no different. Over the past twelve months, various updates made headlines, from upgrades to existing platforms and rolling out […]
As 2022 drew to a close, EU energy ministers finally reached an agreement to cap gas prices at €180 (£159) per megawatt hour (MWh) following months of volatility that piled pressure on European businesses and households. The […]
Authored by Natasha Wright, Even if Merkel had not been accomplice to this grande feat of political mirage and deception, she should be praised for her honesty. Otherwise, merely as a set of mitigating circumstances […]
The European Union continued its economic slowdown in the third quarter. High inflation, an energy crisis, a global slowdown and tighter financing conditions were drags on EU growth. The war in Ukraine continues to take […]
LONDON—Europe’s energy-squeezed winter has sent power operators and businesses into high alert for blackout risks, heightened by Russia’s war in Ukraine. In a control room in Glasgow, dozens of engineers and supervisors for months have been […]
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