Daily Archives: 13, August 2024

RWE Launches Pilot Electrolyser Plant in Lingen to Advance Green Hydrogen Production

(IN BRIEF) RWE has inaugurated a pilot electrolyser plant in Lingen, Germany, aimed at advancing green hydrogen production. The 14-megawatt facility, which can generate up to 270 kilograms of green hydrogen per hour using renewable energy, will provide insights for … Read the full press release

RWE Achieves Major Milestone in Offshore Wind Energy with Successful Auction

(IN BRIEF) RWE has successfully secured two offshore wind sites in the German North Sea, N-9.1 and N-9.2, with a total capacity of 4 gigawatts, during a recent federal auction. The company will pay €250 million for these sites, located … Read the full press release

Review Highlights Failures in Child Imprisonment Reforms in England

(IN BRIEF) A major review involving research from the University of Liverpool has revealed significant failings in child imprisonment reforms in England over the past 25 years. Titled Why Child Imprisonment is Beyond Reform: A Review of the Evidence, the … Read the full press release

New Anatomy Training Facilities Under Construction at University of East Anglia

(IN BRIEF) The University of East Anglia (UEA) has begun construction on a new state-of-the-art Anatomy Suite, set to enhance training for healthcare professionals. Located next to the Norfolk and Norwich University Hospital, the two-storey facility will offer 390 square … Read the full press release

Vestas Updates Financial Outlook for 2024 Amid Adjustments in Service Costs

(IN BRIEF) Vestas Wind Systems A/S has revised its financial outlook for 2024, now projecting revenue between EUR 16.5 billion and EUR 17.5 billion, down from EUR 16 billion to EUR 18 billion. The expected EBIT margin before special items … Read the full press release

Outokumpu Expands Metal Powder Production with New Collaborations and Publicly Funded Projects

(IN BRIEF) Outokumpu is advancing its entry into the metal powder market for additive manufacturing, transitioning to commercial production after a successful pilot year at its Krefeld facility in Germany. The company aims to produce up to 330 tons of … Read the full press release

Webuild Launches Campaign to Inspire Women and Youth Through Sports Champions

(IN BRIEF) Webuild has launched a new communication campaign titled “We Dream, We Build, We Win,” featuring Italian sports champions to inspire women and youth. The campaign highlights themes of teamwork, commitment, and resilience, showcasing the journeys of athletes alongside … Read the full press release

TotalEnergies Begins Production at Anchor Field in the Gulf of Mexico

(IN BRIEF) TotalEnergies has commenced production at the Anchor field in the US Gulf of Mexico, where it holds a 37.14% interest alongside operator Chevron. The project, which began development in December 2019, features subsea wells connected to a semi-submersible … Read the full press release

Amazon and Barclays Unveil Co-Branded Credit Card Offering Rewards for Everyday Spending

(IN BRIEF) Amazon and Barclays have launched the Amazon Barclaycard, a new co-branded credit card in the UK that rewards customers for everyday spending. The card offers up to 2% back in Amazon Barclaycard Rewards, with 1% on Amazon purchases … Read the full press release

Exor N.V. Launches €125 Million Share Buyback Program to Reduce Capital

(IN BRIEF) Exor N.V. has announced the continuation of its share buyback program, originally launched on September 13, 2023, with an additional €125 million allocated for the second tranche, starting August 12, 2024. This follows the completion of the first … Read the full press release

Arrow Energy to Expand Surat Gas Project with Shell Investment

(IN BRIEF) On August 12, 2024, Arrow Energy announced plans to expand its Surat Gas Project in Queensland, Australia, with significant investment from Shell. Phase 2 is expected to produce about 22,400 barrels of oil equivalent per day at peak … Read the full press release