Category Archives: Energy, Gas & Oil

Energy, Gas & Oil Press Releases & News distributed via EuropaWire

FMO: Climate Investor One reaches third close at USD 535 million

Climate Investor One has reached third close at USD 535 million. This innovative blended finance facility provides funding for renewable energy projects in the wind, solar and run-of-river hydro sectors in developing countries . THE HAGUE, 25-Jun-2018 — /EuropaWire/ — Climate Investor One seeks … Read the full press release

Volkswagen Group strengthens partnership with QuantumScape to accelerate the commercialization of solid-state batteries

Objective of new joint venture with QuantumScape is the commercialization of innovative solid-state battery technology Volkswagen is the largest automotive shareholder in Stanford spin-off QuantumScape Corporation Volkswagen Group will take a seat on the board of QuantumScape WOLFSBURG, 22-Jun-2018 — … Read the full press release

INA-INDUSTRIJA NAFTE, d.d. to acquire 100% of Eni Croatia b.v.

Through this deal, which is in line with its asset disposal and rationalisation programme, Eni exits the upstream sector in Croatia, where it has been present since 1996 in partnership with INA-INDUSTRIJA NAFTE, d.d.. San Donato Milanese (Milan), 22-Jun-2018 — … Read the full press release

Societe Generale acquires French fintech Lumo, a renewable energy crowdfunding solution pioneer

PARIS, 22-Jun-2018 — /EuropaWire/ — Lumo is a French fintech that since 2012 has been combining leading expertise in crowdfunding and renewable energies to accelerate the energy transition. It gives individuals and companies the opportunity to help finance a selection of … Read the full press release

DHL Freight invests in IVECO Liquefied Natural Gas powered Stralis trucks in Belgium

DHL Freight has acquired four trucks from IVECO capable of heavy-weight long-haul transport Sustainable trucks emit 99% less particulate matter, 96% nitrogen dioxide and 50% less noise than diesel vehicles BONN, 21-Jun-2018 — /EuropaWire/ — DHL Freight, one of the … Read the full press release

ENGIE to reduce its global coal-fired generation installed capacity by 14% with the disposal of its 69.1% interest in Glow

La Défense, France, 20-Jun-2018 — /EuropaWire/ — On June 20, ENGIE signed a share purchase agreement with Global Power Synergy Public Company Ltd. (GPSC) for the sale of its 69.1% interest in Glow, an independent power producer listed on the Stock … Read the full press release

Shell completes sale of its 15% shareholding in Malaysia LNG Tiga for $750 million

The HAGUE, 20-Jun-2018 — /EuropaWire/ — Shell Gas Holdings (Malaysia) Limited, a subsidiary of Royal Dutch Shell plc, announced today that it has completed the sale of its 15% shareholding in Malaysia LNG Tiga Sdn Bhd (MLNG Tiga) to the … Read the full press release

A new career guide launched for young people looking for a career in the clean energy sector

LONDON, 20-Jun-2018 — /EuropaWire/ — A new guide aimed at students, school leavers and sixth-formers looking for a career in the clean energy sector is being unveiled today at RenewableUK’s Global Offshore Wind conference and exhibition in Manchester – the largest event … Read the full press release

Vattenfall starts construction of its largest wind farm in Sweden

STOCKHOLM, 20-Jun-2018 — /EuropaWire/ — Construction of the Blakliden/Fäbodberget wind farm in the Åsele and Lycksele municipalities is now starting. The wind farm cluster will have a total of 84 turbines and, when operational in 2021/2022, it will be one of … Read the full press release

Eni and ICS Maugeri expand partnership in toxicological emergency research, prevention and treatment to over 70 countries

San Donato Milanese, 18-Jun-2018 — /EuropaWire/ — Eni and ICS Maugeri have signed an agreement to expand their partnership in toxicological emergency research, prevention and treatment to all the countries where Eni operates. The partnership is already active in Italy … Read the full press release

Eneco Group to undergo orgnisational change in three strategic areas: sustainable energy, energy supply and innovative services

ROTTERDAM, 11-Jun-2018 — /EuropaWire/ — Eneco Group has started a change process with the aim to achieve further growth in three strategic areas: sustainable energy, energy supply and innovative services. This process will continue until the end of 2019 and includes … Read the full press release

Pöyry and Ekonerg won ContourGlobal‘s owner’s engineer services assignment for the Kosova e Re 500 MW coal-fired power plant project in Kosovo

Vantaa, Finland, 11-Jun-2018 — /EuropaWire/ — Following an international competitive process, ContourGlobal has awarded Pöyry and Ekonerg, its Joint Venture Partner for this assignment, with an owner’s engineer services assignment for the Kosova e Re 500 MW coal-fired power plant project. Kosovo’s … Read the full press release

INTER RAO Export LLC awards Pöyry with the assignment for technical audit services provision for the project of the construction of four power units in Cuba

Vantaa, Finland, 11-Jun-2018 — /EuropaWire/ — INTER RAO Export LLC, a leading Russian energy company acting as an EPCM Contractor in a number of large international projects, has awarded Pöyry with the assignment for technical audit services provision for the project of … Read the full press release

Siemens Gamesa Renewable Energy opens its nacelle plant in Cuxhaven, the largest production facility of its kind in Germany

Cuxhaven plant is an elementary component of Siemens Gamesa’s state-of-the-art offshore logistics concept and strengthens the company’s technological leadership Siemens Gamesa invests around 200 million euros; the plant will create around 850 jobs in 2018 Germany’s most modern and largest … Read the full press release

Ansaldo Energia and Leonardo to collaborate on innovative projects including the creation of Industry 4.0 competence centre in Liguria

The agreement will focus on providing support for the implementation of Ansaldo Energia’s Lighthouse Plant and contribute to the creation and development of the Start 4.0 Competence Centre for the Security and Optimisation of Critical Infrastructures GENOA, 06-Jun-2018 — /EuropaWire/ … Read the full press release

ETH Zurich and Swissgrid: hybrid overhead lines increase the transmission capacity

More power without any additional lines Laufenburg, Switzerland, 05-Jun-2018 — /EuropaWire/ — The modernisation of the power grid is yet to be realized in many places. The main reason for that is the lack of acceptance for new power lines. … Read the full press release

EY Power transactions and trends Q1 2018: power and utilities deals reach all-time quarter high

Power and utilities deal value hits all-time quarter high of US$97b in Q1 2018 71% of sector executives expect to see a rise in deal activity within the next year Almost half (49%) of all sector deals announced in Q1 … Read the full press release

Snam completes acquisition of an 82% controlling stake in TEP Energy Solution following antitrust clearance

San Donato Milanese (Milan), 02-Jun-2018 — /EuropaWire/ — Following antitrust clearance, Snam completed today the acquisition of an 82% controlling stake in TEP Energy Solution (TEP), one of Italy’s leading enterprises in the energy efficiency sector, for a total consideration of … Read the full press release

Snam and BHGE to develop micro-liquefaction plants for sustainable mobility

Snam and BHGE enter into an agreement for the development of micro-liquefaction plants for sustainable mobility The collaboration will focus on the development of four small-scale liquefaction plants for natural gas and biomethane – among the first of their kind in … Read the full press release

SUEZ Group appoints Jacques Audibert as Secretariat for the Board of Directors and Committees

PARIS, 31-May-2018 — /EuropaWire/ — Starting on 1 June, Jacques Audibert will supervise the management of Internal Audits, Legal, Real Estate, Registered Office General Services, Insurance, Ethics and Compliance, Risks and Investments, and the Secretariat for the Board of Directors and … Read the full press release

Vallourec subsidiary Valinox Nucléaire signed a major contract with Framatome for the manufacture of steam generator tubes for the new new EPR Hinkley Point C units

Boulogne-Billancourt, 30-May-2018 — /EuropaWire/ — Vallourec, world leader in premium tubular solutions, announces that its subsidiary Valinox Nucléaire SAS, specializing in the production of tubes for nuclear power plants, has signed a major contract with Framatome for the manufacture of more … Read the full press release

Alfa Laval to supply waste heat recovery systems to a power plant in Bangladesh

LUND, 30-May-2018 — /EuropaWire/ — Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won an order to supply waste heat recovery systems to a power plant in Bangladesh. The order has a value … Read the full press release

PNE WIND’s wind energy project developer WKN AG awarded the first “Fairer Windparkplaner Schleswig-Holstein” seal

Independent inspection body awards “Faire Windparkplaner SH” seal for wind farm planners with fair practices Cuxhaven, Germany, 30-May-2018 — /EuropaWire/ — The Husum-based wind energy project developer WKN AG and its subsidiary WKN WERTEWIND GmbH are the first companies to … Read the full press release

Total and Sonangol expand partnership on exploration and scholarships in Angola

PARIS, 29-May-2018 — /EuropaWire/ — During an official visit to France by João Lourenço, the President of the Republic of Angola, Patrick Pouyanné, Chairman and CEO of Total, and Carlos Saturnino, Chairman of the Board of Directors of Sonangol, signed … Read the full press release

Total launches Zinia 2 deep offshore development in Block 17, Angola

PARIS, 29-May-2018 — /EuropaWire/ — Total and its partners have taken the final investment decision to launch the Zinia 2 deep offshore development in Block 17, 150 kilometers offshore Angola. The Zinia 2 project will have a production capacity of … Read the full press release

Shell Offshore announces large, deep-water, exploration discovery the U.S. Gulf of Mexico

The HAGUE, 28-May-2018 — /EuropaWire/ — The Dover discovery is Shell’s sixth in the Norphlet and encountered more than 800 net feet of pay (244 meters). The discovery is located approximately 13 miles from the Appomattox host and is considered an … Read the full press release

Vattenfall awarded a contract from Facebook to provide wind integration and balancing services for three new wind projects in southwest Norway

Solna Municipality, Sweden, 25-May-2018 — /EuropaWire/ — Vattenfall and Facebook have signed long-term supply and service agreements for integrating the output of three new Norwegian wind projects into the electric grid that provides power to Facebook’s Nordic data centres in Odense, … Read the full press release

ENGIE to develop nine subsidy-free wind farms in Spain

ENGIE, already leading supplier of green electricity in France, is strengthening its position in Europe as a pioneer of the energy revolution and masters the entire value chain of renewable energy. La Défense, France, 25-May-2018 — /EuropaWire/ — ENGIE signed with … Read the full press release

ENGIE’s Métier BtoB names Jean-Pascal de PERETTI as Managing Director

La Défense, France, 25-May-2018 — /EuropaWire/ — He will succeed Claude Turbet and will report to Shankar Krishnamoorthy, Executive Vice President of the ENGIE Group, and will be a member of his management team. Jean-Pascal de Peretti, 57, is a graduate … Read the full press release

EBRD supports the modernisation of Egypt’s oil industry

US$200 million loan for investments in energy efficiency and refurbishment. US$200 million loan for energy efficiency and modernisation of SOPC refinery Investment will improve plant’s operational performance and carbon footprint Strong growth in domestic demand for oil and gas in … Read the full press release