(IN BRIEF) Avedøre Power Station, located south of Copenhagen and operated by Ørsted, is embarking on an ambitious carbon capture and storage (CCS) initiative as part of its transition to greener energy sources. The power station, which has already phased … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Avedøre Power Station, Copenhagen, COWI, Innovative Carbon Capture, Ole Biede, partnership, Storage Project, sustainability, Ørsted
(IN BRIEF) Continental has introduced the AllSeasonContact 2 tire just in time for the fall tire-changing season, promising improved efficiency, safety, and driving enjoyment throughout the year. This new all-weather tire addresses the typical challenges faced by all-season tires, particularly … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Management, News, Security & Safety, Technology
Tagged AllSeasonContact 2 Tire, C-blocks, Continental, Driving Pleasure, efficiency, safety, Tobias Rahn
(IN BRIEF) Kuehne+Nagel and Capgemini have entered into a groundbreaking strategic agreement to establish an industry-leading supply chain orchestration service designed to offer comprehensive end-to-end solutions throughout the supply chain network. This strategic partnership aims to help businesses maintain agility … Read the full press release
Posted in Business, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged Capgemini, Gianfranco Sgro, innovative, Kuehne+Nagel, Oliver Pfeil, Orchestration Services, partnership, supply chain, sustainability
(IN BRIEF) The LEGO Group has announced the appointment of Annette Stube as its Chief Sustainability Officer, effective from January 1, 2024. Annette, currently serving as the Executive Vice President and Head of Sustainability at Stora Enso, will report directly … Read the full press release
(IN BRIEF) Skanska has entered into an agreement with Region Värmland to construct a groundbreaking new reception building at the Central Hospital, CSK, located in Karlstad, Sweden. Valued at approximately SEK 740 million, this contract will be recorded as part … Read the full press release
(IN BRIEF) The Nordic Investment Bank (NIB) has entered into a seven-year loan agreement with Norwegian utility company Varanger Kraft to support the upgrade of their hydrogen facility and the improvement of the electricity distribution network in Norway’s Varanger region. … Read the full press release
Posted in Banks, Business, Construction, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged André Küüsvek, Green Energy, hydrogen, NIB, Norway, partnership, sustainability, Varanger Kraft
(IN BRIEF) Plenitude, a subsidiary of Eni focused on renewable energy, has inaugurated its first photovoltaic plant in Kazakhstan near Shaulder village in the Turkistan Region. With an installed capacity of 50 MW, this facility marks Plenitude’s entry into the … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News
Tagged Darkhan Satybaldy, Eni, Kazakhstan, Marco Alberti, partnership, Photovoltaic Plant, Plenitude, Shaulder photovoltaic farm, Stefano Goberti, sustainability
(IN BRIEF) Škoda Auto has offered a sneak peek at the exterior design of the upcoming new-generation Škoda Kodiaq, just one week before its world premiere. The sketches reveal a visually striking and modern SUV, showcasing key features such as … Read the full press release
Posted in Automotive, Business, Czech Republic, Industrial, Management, News, Technology
Tagged Kodiaq SUV, Oliver Stefani, ŠKODA, ŠKODA KODIAQ
(IN BRIEF) BASF Personal Care has introduced Epispot™, a sustainably sourced cosmetic ingredient designed to enhance the beauty and self-confidence of individuals with blemish-prone skin, a common issue affecting people worldwide regardless of gender, age, or ethnicity. Epispot addresses the … Read the full press release
(IN BRIEF) Michelin has successfully completed its acquisition of Flex Composite Group (FCG) as part of its Michelin in Motion 2030 strategy, cementing its position as a leader in high-tech engineered fabrics and films. FCG, a European leader in this … Read the full press release
Posted in Automotive, Business, Financial, France, Industrial, Investment, Management, News
Tagged acquisition, Fabric and Film, Flex Composite Group, leadership, Michelin, partnership
(IN BRIEF) bp has entered into an agreement with Harmony Energy Income Trust (HEIT) to deliver physical power trading and optimization services for two battery storage projects in the UK. The projects, Hawthorn Pit (49.9MW / 99.8MWh) and Wormald Green … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Battery Storage Projects, Hawthorn Pit, HEIT, Hormoz Ala, Lightsource BP, Optimization Services, partnership, Paul Mason, Power Trading, sustainability, UK, Wormald Green
(IN BRIEF) bp has commenced construction on the 187MWdc Peacock Solar project, located near Corpus Christi in Texas. This solar installation will generate renewable energy that will be sold to Gulf Coast Growth Ventures (GCGV), a joint venture between ExxonMobil … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged clean energy transition, construction, Dave Lawler, ExxonMobil, GCGV, Lightsource BP, partnership, Paul Fritsch, PCL Construction, Peacock Solar Project, SABIC, sustainability, Texas
(IN BRIEF) Equinor and Ithaca Energy have committed $3.8 billion to Phase 1 of the Rosebank development in the UK North Sea. The project aims to recover around 245 million barrels of oil from the Rosebank field, located approximately 130 … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Investment, Norway, United Kingdom
Tagged Altera, Equinor, Floating Production Storage and Offloading vessel, FPSO, iEPCI™, Ithaca Energy, North Sea Transition Authority, North Sea Transition Deal, NSTA, Odfjell Drilling, oil, Rosebank development, Rosebank oil and gas field, TechnipFMC, UK Continental Shelf, UKCS, Voar Energy, Wood Mackenzie
(IN BRIEF) ING has announced that it repurchased a total of 6,053,559 shares during the week of September 18, 2023, through September 22, 2023, as part of its €1.5 billion share buyback program initiated in May 2023. The shares were … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Financial, ING, investment, Share Buyback Program
(IN BRIEF) Axel Springer and BILD have been honored with the Nova Innovation Award in the “Nova New Business Areas” category for their groundbreaking event experience in the Metaverse Club featuring a live concert by Twitch star and singer Jens … Read the full press release
Posted in Awards, Business, Entertainment, Germany, Industrial, Management, Media, News, Technology
Tagged Awards, Axel Springer, BILD, Claudius Senst, Innovative Metaverse Concert, Jens Knossalla, Knossi, Nova Innovation Award, Pascal Hamann
(IN BRIEF) Equinor has entered into a new five-year gas sales agreement with OMV, Austria’s major energy company. Starting from October 1, this year, the deal involves an annual gas volume of 12 TWh, with delivery to OMV’s European portfolio … Read the full press release
Posted in Austria, Energy, Gas & Oil, Industrial, Norway
Tagged energy company, Equinor, gas sales agreement, Helge Haugane, OMV, Trading Hub Europe
(IN BRIEF) Vienna Stock Exchange has introduced three new thematic indices to reflect long-term investment trends in the Central and Eastern European (CEE) region. These indices are CECE Reshoring, CECE Commodity Producers, and CECE Clean Energy. CECE Reshoring comprises companies … Read the full press release
(IN BRIEF) GRAHAM and Europa are progressing in their joint effort to develop 203 new homes for the private rented sector in Birmingham as the Crown Works development reaches its topping-out milestone. These apartments, developed by Xian Developments for Europa, … Read the full press release
Posted in Construction, Industrial, Infrastructure & Utilities, Real Estate, United Kingdom
Tagged apartments, Birmingham, Birmingham Snow Hill train station, BREEAM Excellent rating, Colmore Business District, contractors, Crown Works development, Ed Crockett, Europa, GRAHAM, Joshua McGuinness, private rented sector, real estate investment, Ronan Hughes, Xian Developments
(IN BRIEF) Transmission system operator TenneT has successfully completed the DolWin6 offshore grid connection, adding over eight gigawatts of connection capacity for wind energy in the German North Sea. This marks the 13th German offshore grid connection managed by TenneT … Read the full press release
(IN BRIEF) Hypothekarbank Lenzburg AG has joined SIX Digital Exchange (SDX), enhancing its presence in Switzerland’s digital asset ecosystem. SDX is a regulated financial market infrastructure for digital assets. This collaboration allows Hypothekarbank Lenzburg to explore issuing and listing native … Read the full press release
Posted in Banks, Financial, Investment, Management, Switzerland, Technology
Tagged Berner Kantonalbank, Blockchain, Central Securities Depository, Credit Suisse, CSD, custody, David Newns, Digital Asset Ecosystem, digital assets, digital bonds, Digital Equities, digital securities, distributed ledger technology, DLT, FINMA, Hypothekarbank Lenzburg AG, issuance, Kaiser Partner Privatbank, Marianne Wildi, SDX, settling, SIX Digital Exchange, stock exchange, Swiss Financial Market Supervisory Authority, tokenized digital assets, trading, UBS, Zürcher Kantonalbank
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