Roberto Abraham Scaruffi

12 December 2014

	Oil spill threatens Bangladesh site Authorities in Bangladesh are urgently assessing environmental damage in one of the world’s largest mangrove forests after an oil tanker sank, threatening wildlife in the Unesco World Heritage site

	BP starts operations from Canadian oil sands project BP has begun operations from its Sunrise Phase 1 oil sands project in Canada. The oil major said production is expected in the first quarter of next year

	Noreco suspends shares Shares and bonds in Norwegian Energy Company (Noreco) have been suspended after a request by the company. Company stocks had plunged to a https://www

	BP appeals spill ruling that may spell $18 billion fine BP has challenged a federal judge’s ruling that the company’s exploration unit acted with gross negligence in causing the 2010 Gulf of Mexico oil spill, a decision that exposed the UK-based energy company to as much as $18 billion in fines under US law

	Plexus has positive outlook as demand grows Oil service provider Plexus said it did not expect its business to be hit by weak oil prices this year or beyond as it sees continued demand for its niche equipment

	Triodos Renewables extends crowd funding share issue Triodos Renewables has extended its crowd funding share issue until the end of January after receiving only £2million of the £5million that it aimed to raise to fund wind farms

	Petrol price at four-year low Motorists have received an early Christmas present in the form of yet more fuel cuts by supermarkets. Asda, Tesco, Morrisons and Sainsbury’s all announced they were reducing the price of their petrol by 2p a litre and also knocking 1p a litre off their diesel

	SSE and Scottish Power fined by Ofgem SSE and Scottish Power are to pay penalties totalling £4.15 million to charity following their failure to deliver energy efficiency measures on time. The suppliers were required to implement moves to help reduce bills for households in low-income areas by December 2012 but Scottish Power only delivered 70% of its obligation and SSE achieved 90

	FTSE 100 hit by fresh losses The FTSE 100 Index extended its losses for the week to more than 5% today after heavyweight energy stocks were hit by a fresh fall in the price of oil

	Statoil to resume use of Songa Trym Statoil will resume its use of the Songa Trym rig next year after a temporary suspension. The company had issued a postponement period

for a number of contracts due to higher costs and low profitability