(IN BRIEF) DNV has secured a contract from Ørsted and PGE to certify the Baltica 2 offshore wind farm located in the Polish part of the Baltic Sea. This project plays a crucial role in Poland’s transition to green energy, … Read the full press release
(IN BRIEF) During the 28th United Nations Conference of the Parties on Climate Change (COP28), EDF Group has reiterated its dedication to combating climate change and achieving “net zero emissions.” The company supports various initiatives announced at COP28, including efforts … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Industrial, Management, Media, News
Tagged Climate Action, climate change, COP28, EDF Group, Luc Rémont, Net zero emissions, sustainability
(IN BRIEF) Scania has unveiled a new range of biogas engines that are coupled with two-thirds of the successful Super-based powertrain, comprising G25 gear-boxes and axles from the diesel sibling. This harmonious combination has proven to deliver significant fuel savings … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Industrial, Management, News, Sweden, Transportation & Logistics
Tagged Biogas Engines, decarbonization, Ola Henriksson, powertrain, Scania, sustainability
(IN BRIEF) Glaura Kartalian, a Management Board Member at SHV Energy, has been recognized with the Woman of the Year Award 2023 during LPG Week, the global industry’s annual flagship event. The award was presented by the Women in LPG … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Industrial, Management, Media, Netherlands, News
Tagged Awards, Glaura Kartalian, leadership, LPG Week 2023, SHV Energy, Woman of the Year Award, women empowerment
(IN BRIEF) Voith Composites has achieved a significant milestone by obtaining UNECE R 134 certification for its Type IV 700 bar and 350-liter hydrogen storage tank. This certification marks the first approval for a hydrogen tank of this size under … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Anna Pointner, Awards, Carbon4Tank, heavy-duty trucks, Large Hydrogen Tank, sustainability, UNECE R 134 Certification, Voith, zero-emission
(IN BRIEF) New research conducted by British Gas has unveiled confusion among British homeowners when it comes to addressing energy efficiency in their homes, especially as colder months approach. Only 42% of Brits believe their homes are energy efficient, and … Read the full press release
(IN BRIEF) Alfa Laval’s FCM Methanol fuel supply system has been selected by Maersk for their groundbreaking methanol retrofit project on the container vessel Maersk Halifax. This achievement highlights the viability of retrofitting ships for methanol-based propulsion, marking a significant … Read the full press release
(IN BRIEF) Lightsource bp and the UK’s Renewable Energy Association (REA) convened a high-level roundtable discussion during COP28, focusing on the role of solar power in facilitating an energy transition that prioritizes both people and nature. With 117 nations aiming … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, United Kingdom
Tagged Adam Pegg, Alyssa Edwards, Chris Skidmore MP, COP28, Dr Veronica Bermudez Benito, energy transition, Francis Mann, Kristen Panerali, Lightsource BP, Mate Heisz, Michelle Lezama, Nature-Friendly, partnership, Renewable Energy Association (REA), solar power, sustainability, Thanos Zarogiannis
(IN BRIEF) NatWest and Boston Consulting Group (BCG) have released a report emphasizing the substantial financial investment needed to achieve a net-zero energy supply in the UK by 2050, estimating the capital expenditure requirement at over £900 billion. This investment … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Andy Gray, Boston Consulting Group (BCG), energy supply, Eriola Beetz, investment, NatWest, net zero, partnership, sustainability, UK
(IN BRIEF) BASF, a major player in the chemical industry, has announced new sustainability commitments, including targets for Scope 3.1 emissions. The company aims to reduce its specific Scope 3.1 emissions by 15% by 2030 compared to 2022 levels. This … Read the full press release
(IN BRIEF) Siemens has released its Sustainability Report for fiscal year 2023, highlighting substantial progress in sustainability efforts. Since 2019, the company has reduced its own CO2 emissions by 50%. Over 90% of Siemens’ business supports sustainability, helping customers avoid … Read the full press release
(IN BRIEF) BNP Paribas Wealth Management has outlined key investment themes for 2024. These include seeking real returns through inflation-protected income, investing in sectors benefiting from the shift away from globalization, capitalizing on energy transition and electrification, diversifying portfolios beyond … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Financial, France, Investment, Management, Science, Technology
Tagged Edmund Shing, investing, investment opportunities, INVESTMENT THEMES
(IN BRIEF) The Arcadis Ost 1 wind farm, situated off the coast of Rügen in Mecklenburg-Western Pomerania, Germany, has commenced full capacity operation, contributing 250 megawatts (MW) of renewable energy to the German electricity transmission system. The wind farm operator, … Read the full press release
(IN BRIEF) EDF Group’s subsidiary, EDF Production Energie Insulaire (PEI), has converted its bioenergy power plant at Port-Est in Reunion Island to operate on liquid biomass made from rapeseed oil, making it fully renewable and contributing to the region’s aim … Read the full press release
(IN BRIEF) TotalEnergies has signed cooperation agreements with National Oil & Gas Companies (Petrobras in Brazil, SOCAR in Azerbaijan, and Sonangol in Angola) to use its AUSEA technology for methane detection and measurement campaigns at oil and gas facilities in … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Management, Media, News, Technology
Tagged Angola, AUSEA technology, Brazil, COP28, Drone Technology, innovative, methane emissions, National Oil & Gas Companies, partnership, Patrick Pouyanné, Petrobras, Sonangol, sustainability, TotalEnergies
(IN BRIEF) Vattenfall and BASF have signed a Memorandum of Understanding to collaborate on the Nordlicht 1 and 2 offshore wind farm projects in the German North Sea. BASF is set to acquire a 49% stake in these projects, which … Read the full press release
(IN BRIEF) The Ministry of Defence and Eni, an Italian energy company, have signed a Memorandum of Understanding (MoU) in Rome to enhance their strategic collaboration on security and risk assessment. The agreement involves sharing expertise and information to bolster … Read the full press release
(IN BRIEF) TotalEnergies has signed an Agreement on Investment (AoI) for its Mirny project during COP28 in Dubai. This project, the largest wind energy initiative ever undertaken in Kazakhstan, will provide low-carbon electricity to over 1 million people and reduce … Read the full press release
(IN BRIEF) Eni, the energy company, has signed a Sustainability-Linked revolving credit line for a duration of five years, amounting to €3 billion. This credit facility is tied to two sustainability targets outlined in Eni’s Sustainability-Linked Financing Framework, which was … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Italy, Management, News
Tagged Eni, Financial, investment, renewable energy, sustainability
(IN BRIEF) The European Investment Bank (EIB) Group, comprising the European Investment Bank and the European Investment Fund, has announced a partnership with Mission Innovation to promote clean energy innovation on a global scale. The collaboration aims to facilitate access … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged Ambroise Fayolle, clean energy, EIB, EIF, Eleanor Webster, INNOVATION, Maroš Šefčovič, Mission Innovation, partnership, sustainability
(IN BRIEF) The European Investment Bank (EIB) and Ørsted have inked a €400 million framework loan agreement to support the expansion of wind energy production, in alignment with the RePowerEU initiative’s objectives. This marks their fifteenth joint project, reflecting Ørsted’s … Read the full press release
Posted in Banks, Business, Denmark, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Denmark, EIB, Europe, Kasper Kiim Jensen, partnership, renewable energy, sustainability, Thomas Östros, Ørsted
(IN BRIEF) Molgas, a prominent player in downstream LNG and Renewable Gas supply and distribution in Western Europe, has announced key leadership changes. Fernando Sarasola, who has served as CEO since 2008, will transition to the role of Executive Chairman … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged appointment, Athanasios Zoulovits, Blue Grid, CEO, Esperanza Sanchez, Executive Chairman, Fernando Sarasola, InfraVia, Javier Romeo Montes, Juan Menchero, leadership, Molgas, Sofoklis Papanikolaou
(IN BRIEF) In preparation for an active and sustainable 2024, Associated British Ports (ABP) has welcomed Lex Hanham to its Business Development team, where she will lead initiatives aimed at accelerating the UK’s clean energy transition. With over 15 years … Read the full press release
(IN BRIEF) Italian power grid operator Terna, under the leadership of Giuseppina Di Foggia, has achieved an unprecedented feat by ranking first in the 2023-2024 edition of “Webranking Europe 500,” a prestigious continental ranking that evaluates the quality and transparency … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Industrial, Italy, Management, News, Technology
Tagged Awards, digital communication, Giuseppina Di Foggia, Terna, Webranking Europe 500
(IN BRIEF) Ørsted has commenced construction on two carbon capture facilities at the Asnæs Power Station and Avedøre Power Station in Denmark, marking the country’s inaugural full-scale carbon capture endeavor. This project, backed by a 20-year contract from the Danish … Read the full press release
Posted in Business, Construction, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Asnæs Power Station, Avedøre Power Station, Carbon Capture Project, Denmark, Lars Aagaard, Mads Nipper, Martin Damm, Ole Thomsen, partnership, sustainability, Søren Friis Trebbien, Ørsted
(IN BRIEF) In a significant move during COP28, Vestas and DTEK have signed a Memorandum of Understanding (MOU) to advance the second phase of the Tyligulska wind project in southern Ukraine. This MOU outlines their intention to develop an additional … Read the full press release
(IN BRIEF) Hamburg Airport has become the first German member and the 12th overall member of the international “Hydrogen Hub at Airport” network. This network aims to promote the expansion of hydrogen infrastructure in aviation and includes members from airports, … Read the full press release
Posted in Aviation & Aerospace, Energy, Gas & Oil, Environment, Germany, Industrial, Transportation & Logistics, Travel
Tagged Airbus, airlines, airports, Aviation, energy sectors, Hamburg Airport, hydrogen, Hydrogen Hub at Airport, hydrogen infrastructure, Karine Guénan, Michael Eggenschwiler, ZEROe Hydrogen Ecosystem
(IN BRIEF) Vestas, a leading wind turbine manufacturer, has received a repowering order from Eurus Energy Holdings Corporation for the Eurus Kamaishi Wind Farm in Japan’s Iwate prefecture. The 46 MW order includes the supply and installation supervision of 11 … Read the full press release
(IN BRIEF) Dutch grid manager TenneT has collected 47 responses from stakeholders regarding its draft investment plans for the period 2024-2033, which were made public on November 1. These investment plans outline the expansion and replacement projects for both onshore … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Investment, Netherlands
Tagged ACM, electricity, gas networks, l grid managers, offshore grid, Tennet
(IN BRIEF) RWE has entered into an agreement with Masdar, a clean energy leader, to collaborate on the UK Dogger Bank South (DBS) offshore wind development projects. Masdar will acquire a 49% stake in the projects, while RWE will retain … Read the full press release
(IN BRIEF) Shell Petroleum Company Limited, through its subsidiary Impello Limited, has successfully finalized the sale of its home energy businesses, Shell Energy Retail Limited (SERL) in the UK and Shell Energy Retail GmbH (SERG) in Germany, to Octopus Energy … Read the full press release
(IN BRIEF) TotalEnergies has revealed its strategy to divest non-core assets by signing an agreement to sell its 36.36% minority stake in the National Petroleum Refiners of South Africa (Natref) to the Prax Group. The Natref refinery, situated in Sasolburg, … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, France, Government, Industrial, Investment, Management, News
Tagged divest, Jean-Pierre Sbraire, Minority Stake, Natref Refinery, partnership, Prax Group, South Africa, sustainability, TotalEnergies
(IN BRIEF) RWE’s Swedish offshore wind farm, Kårehamn, located in the Baltic Sea near the Island of Öland, has marked a decade of successful operation since its commissioning in October 2013. This offshore wind facility consists of 16 turbines, each … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, News, Sweden
Tagged 10 Years, Green Energy, Kårehamn, Matilda Machacek, offshore wind farm, RWE, sustainability
(IN BRIEF) At COP28, Ørsted announced that its FlagshipONE project, Europe’s largest e-methanol plant, has received support from the EU-Catalyst Partnership, including the European Commission, Breakthrough Energy Catalyst, and the European Investment Bank. This partnership will aid in advancing carbon-neutral … Read the full press release
Posted in Denmark, Energy, Gas & Oil, Environment, European Union, Financial, Industrial, Infrastructure & Utilities, Transportation & Logistics
Tagged Breakthrough Energy Catalyst, carbon-neutral shipping, COP28, decarbonisation of shipping, e-methanol plant, EU-Catalyst Partnership, European Commission, European Investment Bank, FlagshipONE, Global shipping, Mads Nipper, Övik Energi, Rodi Guidero, Werner Hoyer, Ørsted
(IN BRIEF) Rexel, a global leader in electrical distribution and solutions, has named Roger Little as the Chief Executive Officer (CEO) for the USA and the leader of the USA-Canada cluster, effective from December 18, 2023. Roger Little, who has … Read the full press release
(IN BRIEF) VINCI, in partnership with AgroParisTech, Mines Paris-PSL, and École des Ponts ParisTech, has renewed its commitment to environmental research with a budget of €6 million until 2028. The collaboration aims to address key environmental challenges, including energy efficiency … Read the full press release
Posted in Construction, Energy, Gas & Oil, Environment, France, Industrial, Infrastructure & Utilities, Management, Science, Technology
Tagged AgroParisTech, artificial intelligence, biodiversity, École des Ponts ParisTech, energy efficiency of buildings, Equo Vivo, Mines Paris-PSL, Revilo®, sustainable mobility, VINCI
(IN BRIEF) Yara Clean Ammonia, North Sea Container Line, and Yara International have collaborated to create the groundbreaking Yara Eyde, the world’s first container ship to be fueled by clean ammonia. This innovative vessel will embark on an emission-free sea … Read the full press release
Posted in Business, Chemicals, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, News, Norway, Transportation & Logistics
Tagged Bente Hetland, clean ammonia, container ship, Emission-Free Shipping, Germany, Magnus Krogh Ankarstrand, North Sea Container Line, Norway, partnership, sustainability, Svein Tore Holsether, Yara Clean Ammonia, Yara Eyde, Yara International
(IN BRIEF) Iberdrola and bp pulse have officially launched their joint venture, aiming to create an extensive high-speed electric vehicle (EV) charging network in Iberia. The venture plans to invest €1 billion and deploy 5,000 charging points in Spain and … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Portugal, Spain, United Kingdom
Tagged bp pulse, DiDi, electric vehicles, Energy Infrastructure Partners, European Commission, EV charging, GIC, Hertz, high speed public charging, high-speed charging infrastructure, Iberdrola, Iberia, joint venture, MAPFRE, Marks & Spencer, Masdar, Norges Bank Investment Management, PORTUGAL, public charging points, REWE, Spain, Tesla, Uber, ultra-fast public charging network
(IN BRIEF) Renewable energy company Vestas has recently received a substantial order for 45 V163-4.5 MW wind turbines, totaling 203 MW in capacity, for an undisclosed wind project in the United States. The order encompasses the supply, delivery, and commissioning … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged partnership, sustainability, US Wind Project, Vestas, wind turbine
(IN BRIEF) Vattenfall, a key player in the European energy transition, is actively participating in COP28, the 28th UN Climate Conference, held from November 30th to December 12th in the United Arab Emirates. Head of Sustainability, Annika Ramsköld, is representing … Read the full press release
Posted in Energy, Gas & Oil, Environment, Industrial, Management, Sweden
Tagged 28th UN Climate Conference, ADNOC, Anna Borg, Annika Ramsköld, COP28, First Movers Coalition, FMC, FMC meetings, fossil free value chains, fossil freedom, John Kerry, sustainability, TIME100 Climate, UAE, United Arab Emirates, Vattenfall, World Economic Forum
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