Category Archives: Energy, Gas & Oil

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

Cebr: oil price will cycle around $60 until the mid to late 2020s

Forecasting Eye  LONDON, 10-Dec-2018 — /EuropaWire/ — The announcement from the margins of the G20 that Russia and the Saudis were cooperating on oil pricing certainly gave a fillip to the oil markets. The Brent crude future rose from $58.76 per barrel … Read the full press release

Gazprom Chairman Alexey Miller moderated the 39th Presiding Committee Meeting of the International Business Congress (IBC) in St. Petersburg

St. Petersburg hosted today the 39th Presiding Committee Meeting of the International Business Congress (IBC) moderated by Alexey Miller, Chairman of the Gazprom Management Committee and President of the IBC. MOSCOW, 10-Dec-2018 — /EuropaWire/ — The event participants took stock of the IBC performance in 2018 and defined … Read the full press release

Eni: Mubadala Petroleum and BP entry into Nour North Sinai Offshore concession approved by the Egyptian Government

Egyptian Government approval for the sale of a 20% interest to Mubadala Petroleum and a 25% interest to BP out of Eni’s share in the Nour North Sinai Offshore exploratory concession has been granted. The approval follows the signing of … Read the full press release

EBRD seeks to increase the volume of green financing to 40 per cent of EBRD annual investment by 2020

Development finance institutions share their experience at COP24 LONDON, 06-Dec-2018 — /EuropaWire/ — Climate change impacts are high on the international agenda. From severe wildfires in California and Greece to devastating floods in Kerala, these impacts have dominated headlines this year. Both … Read the full press release

EBRD to finance key urban projects in Romania’s Craiova

€15 million loan to the city of Craiova The city to buy environmentally friendly buses and improve energy efficiency of public buildings EBRD to help Craiova develop an action plan to boost green infrastructure LONDON, 06-Dec-2018 — /EuropaWire/ — Some 300,000 … Read the full press release

Siemens: Nemo Link connects the Belgian and the British power grid with a combination of subsea and underground cables

Nemo Link is the first transmission link between the two countries It enables transmission of 1,000 MW electricity using Siemens HVDC Plus technology Siemens built converter stations housing the state of the art HVDC equipment in both Herdersbrug (Belgium) and … Read the full press release

Pöyry signs with PT. Indonesia Power for wind power, solar PV, battery storage and different renewable hybrid plants across Indonesia

HELSINKI, 06-Dec-2018 — /EuropaWire/ — PT. Indonesia Power has awarded Pöyry with a three-year Framework Agreement contract for a number of different  types of renewable power projects across Indonesia. The assignment includes wind power, solar PV, battery storage and different renewable … Read the full press release

Germany’s largest natural gas and crude oil producer Wintershall advocates greater use of liquefied natural gas (LNG) in maritime shipping

CEO informs Hamburg’s First Mayor about the merger between Wintershall and DEA HAMBURG, 04-Dec-2018 — /EuropaWire/ — Germany’s largest natural gas and crude oil producer advocates greater use of liquefied natural gas (LNG) in maritime shipping. “Europe’s ports need LNG … Read the full press release

Seamade NV orders 58 units of the SG 8.0-167 DD offshore wind turbine from Siemens Gamesa Renewable Energy

Project to utilize 58 SG 8.0-167 DD offshore wind turbines; 17-year Long Term Service agreement with logistics included SeaMade is the name of two combined offshore wind projects, previously known as Mermaid (235 MW) and Seastar (252 MW) Clean energy … Read the full press release

Neste: US EPA’s 2020 renewable volume final rule increases requirements for biomass-based diesel from the 2019 standard by 330 million gallons for 2020

ESPOO, 03-Dec-2018 — /EuropaWire/ — The Environmental Protection Agency (EPA) in the US published the final ruling covering renewable fuel volume requirements under the Renewable Fuel Standard (RFS) program for 2019, and biomass-based diesel for 2020 on 30 November 2018. Neste … Read the full press release

WindEurope: EU’s newly-agreed renewable energy and energy efficiency target aims for net-zero greenhouse gas emissions by 2050

The European Commission today called for the bloc to aim for net-zero greenhouse gas emissions by 2050 in its new decarbonisation strategy. BRUSSELS, 29-Nov-2018 — /EuropaWire/ — The EU’s newly-agreed renewable energy and energy efficiency targets put the bloc on track … Read the full press release

France to expand its onshore wind capacity from 14.3 GW today to around 35 GW by 2030

France today revealed plans for the build-out of wind energy to 2030 in its multi-annual energy plan. BRUSSELS, 29-Nov-2018 — /EuropaWire/ — France intends to expand its onshore wind capacity from 14.3 GW today to around 35 GW by 2030. And … Read the full press release

BOURBON completes the installation of the first wind turbine at Cobra Wind’s Kincardine site, Scotland

PARIS, 28-Nov-2018 — /EuropaWire/ — Contracted by the Spanish construction group Cobra, BOURBON completed the installation of the first wind turbine at Cobra Wind’s Kincardine site, Scotland, off the coast of Aberdeen this summer. Bourbon Subsea Services’ experience in floating wind turbine … Read the full press release

SEAT and Snam partner to support the implementation of natural gas and renewable gas infrastructure, research and development projects

The strategic agreement aims at supporting the implementation of CNG and bio-CNG infrastructure and research and development projects SEAT is the brand with the most comprehensive CNG vehicle lineup in Europe Snam is a European leader in gas infrastructure and … Read the full press release

SENER and ACCIONA Industrial on final stages of construction and commissioning of Kathu Solar Park project with its successful synchronization to the grid

Synchronization to the grid is one of the last steps before the plant starts commercial operation reassuring Concentrated Solar Power (CSP) as an efficient solution in the renewable energy sector with its high efficiency and performance to deliver energy to … Read the full press release

ENGIE selected to design and manage the Smart Platform 2030, a data and 3D modelling platform for Île-de-France region

La Défense, France, 26-Nov-2018 — /EuropaWire/ — The Île-de-France Regional Council has entrusted ENGIE with “designing, implementing and providing deployment support for a regional data and 3D modelling platform for the region and its ecosystem”. This call for tenders is part … Read the full press release

ENGIE appoints Gary Leibowitz as Director of Investor Relations and Finance for Global Business Lines

La Défense, France, 26-Nov-2018 — /EuropaWire/ — Gary Leibowitz is appointed ENGIE Director of Investor Relations and Finance for Global Business Lines effective 1 December, 2018. In this newly-created position, Gary will report to Judith Hartmann, Chief Financial Officer and Group … Read the full press release

Volvo Construction Equipment and Skanska Electric Site research project: 98% reduction in carbon emissions, 70% reduction in energy cost and 0% reduction in operator cost

GOTHENBURG, 23-Nov-2018 — /EuropaWire/ — Volvo Construction Equipment and its customer Skanska have recorded groundbreaking results from their Electric Site research project – including a 98% reduction in carbon emissions, a 70% reduction in energy cost and a 40% reduction in … Read the full press release

Germany: new digital platform to significantly increase the efficiency of grid-stabilising measures to avoid grid congestion

Digital procurement platform to reduce the number of wind turbine output in case of grid congestion Regional producers, consumers and storage facility operators offer system operators flexible use of their installations for system support Flexibility platform has price decreasing effect … Read the full press release

First oil production from the giant Clair Ridge project in the West of Shetland region offshore UK

Major UK North Sea development is sixth new upstream project to come on stream for BP in 2018. Targeting 640 million barrels of oil reserves; peak production of 120,000 barrels of oil a day. First offshore deployment of BP’s ground-breaking … Read the full press release

World-leading nuclear operator EDF will provide a range of services to the Barakah Plant, the first nuclear energy plant in the Arab World

LONDON, 23-Nov-2018 — /EuropaWire/ — On 21 November 2018, EDF, the world-leading nuclear operator, and Nawah Energy Company (Nawah), the subsidiary of the Emirates Nuclear Energy Corporation (ENEC) that is mandated to operate and maintain the Barakah Nuclear Energy Plant, … Read the full press release

Total to acquire Grupo Zema’s fuel distribution business, retailer arm as well as its importation company in Brazil

PARIS, France/ ARAXA, Brazil, 23-Nov-2018 — /EuropaWire/ — Total has entered into an agreement with Brazilian company Grupo Zema to acquire its fuel distribution company Zema Petróleo, its reseller and retailer arm Zema Diesel as well as its importation company Zema … Read the full press release

Siemens supports E.ON Sweden’s goal towards a sustainable F-gas free power transmission with its SF6-free high-voltage products

First CO2-neutral high-voltage project for Siemens in Sweden Vacuum switching technology combined with “clean air” replaces SF6 as switching and insulating medium High operational performance even at lowest temperatures Erlangen, Germany, 21-Nov-2018 — /EuropaWire/ — Siemens will equip a 145-kilovolt (kV) substation … Read the full press release

Energy Transitions Commission (ETC) report: full decarbonisation of hard-to-abate sectors is possible, making ambitious climate objectives achievable

New report on net-zero greenhouse gas (GHG) emissions from hard-to-abate sectors published by ETC today Report shows that net-zero GHG emissions are technically and financially possible ETC commissioners are leading figures from industry, investors, not-for-profit organisations and academics, including EBRD Managing … Read the full press release

ANDRITZ received an order for a Fluidized Bed boiler for a new biomass power plant in Kamisu, Japan

Start-up is scheduled in 2021. GRAZ, 19-Nov-2018 — /EuropaWire/ — International technology group ANDRITZ has received an order from Toyo Engineering Corporation (TOYO), Japan, to deliver a PowerFluid Circulating Fluidized Bed boiler with flue gas cleaning system for a new biomass … Read the full press release

ABB awarded a $79m contract for the upgrade of the Bab Onshore Field in Abu Dhabi

ZURICH, 15-Nov-2018 — /EuropaWire/ — ABB has been awarded an integrated automation, electrification and telecommunication order in Q2 2018, valued at US$79 million, for the upgrade of the Bab Onshore Field in Abu Dhabi, by China Petroleum Engineering and Construction … Read the full press release

Skanska’s Capitol Tower office development in Houston, Texas, USA now 72% leased following major contract with Waste Management Inc.

STOCKHOLM, 15-Nov-2018 — /EuropaWire/ — Skanska has signed a 15-year lease with Waste Management Inc. for 284,000 square feet (26,384 square meters) for its corporate headquarters, at the Capitol Tower office development in Houston, Texas, USA. Waste Management, Inc. will take … Read the full press release

Pöyry celebrates its 60th anniversary with an epic ‘Carbon Clash’ event

HELSINKI, 14-Nov-2018 — /EuropaWire/ — Pöyry is today hosting an epic ‘Carbon Clash’ event in the iconic Finlandia Hall, Helsinki, in celebration of its 60th anniversary. Attended by over 250 industry leaders and world-class experts, the Carbon Clash is set … Read the full press release

Rio Tinto completes lease and sale of wharf and land in Kitimat, British Columbia to LNG Canada

LONDON, 12-Nov-2018 — /EuropaWire/ — Rio Tinto has completed the lease and sale of a wharf and land in Kitimat, British Columbia, to LNG Canada for a consideration of $576 million. LNG Canada, a joint venture comprising Shell, PETRONAS, PetroChina, Mitsubishi … Read the full press release

Californian transportation company Ecology cuts greenhouse gas emissions by up to 80% and reduces tailpipe emissions with Neste MY Renewable Diesel

ESPOO, 12-Nov-2018 — /EuropaWire/ — Ecology, a transportation and logistics company in California, has switched its fleet of more than 600 trucks to run on Neste MY Renewable Diesel™ and is reporting cleaner fuel filters, fewer maintenance problems and reductions in … Read the full press release