Tag Archives: North Sea

[ad_1] London CNN Business  —  The world may be losing the fight against the climate crisis, but investors are still willing to throw money at oil and gas companies. That’s one lesson from the initial public offering on Wednesday of Ithaca Energy, a North Sea oil and gas producer — …

[ad_1] The Waveswing device pictured before it was put through its paces in Scapa Flow, Orkney. Sea-based trials of a wave energy converter weighing 50 metric tons have produced “highly encouraging results,” according to the company behind its development. On Tuesday, Scotland-based AWS Ocean Energy said the average amount of …