Category Archives: Energy, Gas & Oil

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

BlackRock Investment Management crossed below the 5% disclosure limit on total holdings in Wärtsilä Corporation

HELSINKI, 22-Oct-2018 — /EuropaWire/ — BlackRock, Inc. has informed Wärtsilä Corporation that BlackRock Investment Management (UK) Limited has disposed of Wärtsilä shares on 16 October 2018, crossing below the 5% disclosure limit on total holdings. The total number of shares held … Read the full press release

Model tests of the Project Forward’s concept vessel indicate that the Energy Efficiency Design Index (EEDI) is well below the currently most stringent Phase III level

HELSINKI, 22-Oct-2018 — /EuropaWire/ — The Project Forward initiative led by Athens-Based Arista Shipping, with Wärtsilä as one of the participants, demonstrates that with LNG as fuel, an advanced hull design, and highly efficient propulsion machinery, it will be possible to … Read the full press release

Eni further strengthens its presence in Mozambique with acquisition of new exclusive exploration and development rights

With this acquisition, Eni further strengthens its presence in Mozambique, a country that has a strategic relevance for the company. San Donato Milanese (Milan), 19-Oct-2018 — /EuropaWire/ — At the presence of the Ministry for Mineral Resources and Energy Ernesto Max Tonela, … Read the full press release

Alise joint venture wins €71 million contract to comprehensively implement the electrical architecture of Grand Paris Express Line 15 South

Comprehensive implementation of the line’s electrical architecture Contract value: €71 million Rueil-Malmaison Cedex – France, 19-Oct-2018 — /EuropaWire/ — The Alise joint venture led by VINCI Energies via its subsidiary SDEL Transport Grands Projets, in partnership with Eiffage Énergie Systèmes (50/50), … Read the full press release

Iberdrola announces €4.8 billion investment in digital transformation between 2018 and 2022

Today (17/10/2018) and tomorrow the company is holding its fourth Digital Summit, at its San Agustín del Guadalix training campus (Madrid) Ignacio Galán, the group’s chairman, stated that “digitalisation is one of our strategic pillars: it is providing new opportunities … Read the full press release

Iberdrola agrees to divest its solar thermal power asset in Spain to ENCE

The transaction is part of its €3 billion asset rotation plan to 2022 The company maintains its renewable energy strategy in the Spanish market, focused on wind, hydroelectric and solar photovoltaic technologies BILBAO, 19-Oct-2018 — /EuropaWire/ — Iberdrola has agreed to divest … Read the full press release

Heathrow: UK’s first electric-hybrid aircraft to touch down at the UK’s hub free of charge for a year

Speaking at the BusinessGreen Summit, CEO John Holland-Kaye will open the incentive to all airlines operating at Heathrow both now and in the future The grand innovation prize is the latest in a suite of measures designed to encourage airlines … Read the full press release

PwC joins the RE100 initiative of global businesses growing the global demand for renewable energy

PwC joins RE100 committing to 100% renewable power for its electricity consumption. New air travel offsetting programme targeting multiple benefits and backed by strict criteria. LONDON, 18-Oct-2018 — /EuropaWire/ — PwC’s new global environmental commitment to reduce carbon emissions, source 100% … Read the full press release

Terna completes the construction of the new high-voltage electricity line in Rio Grande do Sul in Southeastern Brazil

The construction of the “Santa Maria 3 – Santo Angelo 2” line, the 158-kilometre long infrastructure in Rio Grande do Sul, is completed two months early This project is strategic for integrating clean energy into the national electricity grid ROME, … Read the full press release

Royal Dutch Shell plc to sell its shares in Shell Olie-og Gasudvinding Danmark B.V. (SOGU) for $1.9 billion to Norwegian Energy Company ASA (Noreco)

THE HAGUE, 18-Oct-2018 — /EuropaWire/ — Royal Dutch Shell plc (Shell), through its affiliate Shell Overseas Holdings Limited, has reached an agreement with publicly listed Norwegian Energy Company ASA (Noreco), to sell its shares in Shell Olie-og Gasudvinding Danmark B.V. (SOGU) … Read the full press release

Swiss Solar Awards: NEST unit “Solar Fitness & Wellness” received one of the three coveted “Norman Foster Solar Awards”

At the 28th Swiss Solar Awards Ceremony on 16 October 2018, the NEST unit “Solar Fitness & Wellness” received one of the three coveted “Norman Foster Solar Awards”. The solar-powered fitness and wellness facility in the Empa and Eawag research … Read the full press release

Centrica report shows how new energy technology could meet more than half of the 20% carbon reduction target by 2030 for the healthcare and hospitality industries

The ‘Powering Sustainability’ report highlights the opportunities for distributed energy technologies. WINDSOR, 16-Oct-2018 — /EuropaWire/ — Centrica plc has today released a new report which shows that new energy technology could meet more than half of the 20% carbon reduction target … Read the full press release

Direct Energy Business expands operations and customer footprint with the acquisition of retail electricity business of Source Power & Gas LLC

WINDSOR, 16-Oct-2018 — /EuropaWire/ — Direct Energy Business, a subsidiary of Centrica plc, announced today an agreement to purchase the retail electricity business of Source Power & Gas LLC, a wholly owned indirect U.S. subsidiary of Australian power company ERM Power … Read the full press release

ENGIE to help develop a 100% low-emission public transportation system in Santiago de Chile

La Défense, France, 12-Oct-2018 — /EuropaWire/ — ENGIE was awarded a contract to provide Santiago de Chile’s public transportation system with an integrated offer comprising: leasing of 100 electric buses, installation and maintenance of the related electric charging infrastructure supplied … Read the full press release

Hapag-Lloyd develops Marine Fuel Recovery (MFR) mechanism that allows causal, transparent and easy-to-understand calculation of fuel costs

HAMBURG, 11-Oct-2018 — /EuropaWire/ — Environmental regulation and costs from low-sulphur fuel represent a major challenge // New MFR allows causal, transparent and easy-to-understand calculation of fuel oil costs With a stricter International Maritime Organisation emissions regulation (IMO 2020) coming … Read the full press release

Ferrovial and Enagás to jointly explore opportunities in biogas production and distribution

The companies will analyze opportunities to promote, develop and operate biogas plants. This alliance stems from Ferrovial’s strategy to develop waste-to-energy businesses under a circular economy model. The agreement is part of Enagás’s commitment to the development of non-electric renewable … Read the full press release

EDF to invest in GIBB Power an engineering specialist in the energy sector

LONDON, 10-Oct-2018 — /EuropaWire/ — EDF, world’s leading electricity company, and GIBB, a major engineering player in Africa signed agreements for EDF to invest in GIBB Power, a subsidiary company of GIBB Engineering and Architecture specialising in engineering in the … Read the full press release

BP and RocketSpace announce start-ups selected to test and explore advanced mobility technologies with industry leaders

LONDON, UK/ SAN FRANCISCO, CA, USA, 10-Oct-2018 — /EuropaWire/ — BP and RocketSpace, founders of the Mobility Tech Innovation Collaborative, are shaping the future movement of people, goods, and services in collaboration with global mobility and smart transportation industry leaders.  Today … Read the full press release

Bosch launches a new sharing service for electric vans

Alliance with toom hardware stores Sharing is a hot trend: Bosch mobility services continue on their growth course. Launch in December 2018: customers of toom hardware stores will test the new service. Last-minute availability: use an app to book a … Read the full press release

BP and Eni and Libya’s National Oil Corporation to resume exploration activities in Libya

Libya’s National Oil Corporation, BP and Eni today signed an agreement expected to lead to Eni and BP working together to resume exploration activities on a major exploration and production contract in Libya.  LONDON, 09-Oct-2018 — /EuropaWire/ — A letter of … Read the full press release

Sonatrach and Total to carry out joint petrochemical project in Arzew, western Algeria

PARIS, 09-Oct-2018 — /EuropaWire/ — Sonatrach and Total have signed two agreements as part of the comprehensive partnership announced in 2017: A new concession contract to jointly develop the Erg Issouane gas field located on the TFT Sud permit, signed by Sonatrach, … Read the full press release

Saudi Aramco and Total partner for the front-end engineering and design of a giant petrochemical complex in Jubail

DHAHRAN, Saudi Arabia/PARIS, France, 09-Oct-2018 — /EuropaWire/ —  Amin H. Nasser, President and Chief Executive Officer of Saudi Aramco and Patrick Pouyanné, Chairman and Chief Executive Officer of Total, signed today in Dhahran the joint development agreement for the front-end engineering … Read the full press release

ENGIE Executive VP Thierry Lepercq to leave the company to become Executive Director of TerraWatt Initiative

La Défense, France, 08-Oct-2018 — /EuropaWire/ — Thierry Lepercq, until now ENGIE Executive Vice President in charge of Research & Technology and Innovation, is joining TerraWatt Initiative as Executive Director from 1 October 2018. Thierry Lepercq joined the ENGIE executive … Read the full press release

Shell to invest in major liquified natural gas (LNG) project in Kitimat, British Columbia, Canada

THE HAGUE, 08-Oct-2018 — /EuropaWire/ — Shell Canada Energy, an affiliate of Royal Dutch Shell plc (“Shell”), today announced it has taken a final investment decision (FID) on LNG Canada, a major liquified natural gas (LNG) project in Kitimat, British Columbia, Canada, … Read the full press release

The EBRD supports FT Climate Finance Summit in London

The EBRD’s message to governments: renewables are now cheapest source of energy The Bank’s renewable energy investments top €6 billion LONDON, 08-Oct-2018 — /EuropaWire/ —  The EBRD is urging a step change in levels of investment in renewable sources of … Read the full press release

Valio takes the next step towards environmentally friendly transportation solutions with its first bio-gas distribution truck

Over the years, Valio has tested equipment that runs on various environmentally-friendly fuels. Now, Valio is taking the next step towards environmentally friendly transportation solutions. Valio’s first bio-gas distribution truck took to the Helsinki region’s roads in September. HELSINKI, 05-Oct-2018 … Read the full press release

Wärtsilä’s new power plant project to boost local industry development in Equatorial Guinea

HELSINKI, 04-Oct-2018 — /EuropaWire/ — The technology group Wärtsilä was awarded a 38 MW power plant project by the EPC company Groupement TEC-IEE in Equatorial Guinea. The project is sponsored by the Ministry of Hydrocarbons with the intention to boost … Read the full press release

Wärtsilä reorganises into two business areas to deliver increased value to its customers

HELSINKI, 04-Oct-2018 — /EuropaWire/ — The technology group Wärtsilä has decided to reorganise into two business areas, Wärtsilä Marine Business and Wärtsilä Energy Business, covering both new sales and services for the respective markets. With this change, Wärtsilä aims to deliver … Read the full press release

MOL Group starts construction of its new MOL Campus headquarters

Construction has started on the 28-story “MOL Campus”, designed by Foster + Partners MOL hires Berlin-based KINZO studio for the interior design The new building will serve as the headquarters of MOL Group from 2021 For photos and videos of … Read the full press release

BP and Aker BP to explore potential venture capital investments targeting technology and innovation improvements

Alliance will explore joint innovation and technology opportunities Pair will seek out potential venture capital investments LONDON, 03-Oct-2018 — /EuropaWire/ — BP today announced that it has signed a ventures cooperation agreement with Aker BP to explore possible areas of … Read the full press release