(IN BRIEF) TotalEnergies celebrates its centenary by introducing three initiatives: €100 rewards for new electricity customers in France, €100 incentives for select fuel purchases, and the allocation of 100 company shares to each of its global employees, contingent on a … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Management
Tagged anniversary, centenary, customers, electricity, Employees, France, Patrick Pouyanné, service stations, shares, TotalEnergies
(IN BRIEF) Stora Enso has released its Green and Sustainability-Linked Financing Report for 2023, highlighting the allocation of proceeds from green bonds and bilateral loans. The report details the environmental benefits achieved through projects in sustainable forest management and product … Read the full press release
(IN BRIEF) EDF Renewables, a prominent player in renewable energy, is proposing Béatrice Buffon as its new Chairman and CEO. This change follows the decision of Bruno Bensasson, the current Chairman and CEO, to step down to pursue other opportunities. … Read the full press release
Posted in Business, Energy, Gas & Oil, France, Management
Tagged appointment, Béatrice Buffon, Bruno Bensasson, Chairman, Chief Executive Officer, EDF Hydro, EDF Renewables, Emmanuelle Verger, fight against climate change, French hydroelectricity, hydroelectric power, leadership, Luc Rémont, offshore wind farm, solar energy
(IN BRIEF) TotalEnergies is celebrating its 100th anniversary, marking a century of innovation and leadership in the global energy sector. Founded in 1924 as Compagnie Française des Pétroles, the company started in France without local oil resources but quickly expanded … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Industrial, Management
Tagged 100th anniversary, Compagnie Française des Pétroles, COP28, decarbonized power, Direct Energie, electricity, Elf-Aquitaine, ENERGY, energy transition, France’s energy supply, hydrocarbons, LNG, Maersk Oil, multi-energy company, natural gas, oil, Petrofina, renewables, Saft, TotalEnergies
(IN BRIEF) PNE AG reports a highly successful year in 2023, achieving or surpassing strategic goals outlined in its ‘Scale up 1.0’ strategy. With total aggregate output reaching €267.8 million and EBITDA hitting €39.9 million, the company is at the … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Expansion Strategy, financial performance, investment, Markus Lesser, PNE AG
(IN BRIEF) BBVA Group reports significant achievements in its environmental sustainability efforts, with 96 percent of its power consumption sourced from renewable energy in 2023, surpassing its 70 percent target for 2025. The bank also managed to reduce its carbon … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain
Tagged BBVA, carbon footprint, partnership, renewable energy, sustainability
(IN BRIEF) NIRAS and Egis announce a strategic partnership aimed at bolstering consultancy and engineering services in the realm of renewable energies, particularly offshore wind projects in France. With NIRAS’s extensive experience in global offshore wind and Egis’s strong foothold … Read the full press release
Posted in Business, Construction, Denmark, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Egis, France, Jean-Emmanuel Seixas, NIRAS, offshore wind development, partnership, sustainability, Thor Ugelvig Petersen
(IN BRIEF) Borealis and AKVA Group have collaborated to introduce a groundbreaking innovation in sustainable aquaculture: the world’s first workboat hull crafted from renewable plastic. Utilizing Borealis’ Bornewables™ range of renewable polyolefins, AKVA Group’s iconic Polarcirkel series now boasts a … Read the full press release
Posted in Austria, Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, News, Norway, Transportation & Logistics
Tagged AKVA Group, aquaculture, Borealis, Freddy Bakken Braseth, John Webster, Norway, partnership, Renewable Plastic Workboat Hull, sustainability
(IN BRIEF) OMV has unveiled its Sustainability Report 2023, providing insights into the company’s management and performance across key Environmental, Social, and Governance (ESG) aspects. Aligned with the UN 2030 Agenda for Sustainable Development and OMV Strategy 2030, the report … Read the full press release
Posted in Austria, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News
Tagged Alfred Stern, Financial, investment, OMV, Sustainability Report 2023
(IN BRIEF) TotalEnergies and SINOPEC have inked a Heads of Agreement (HoA) to jointly establish a Sustainable Aviation Fuel (SAF) production unit at a SINOPEC refinery in China. This collaboration aims to address the aviation industry’s need for sustainable solutions, … Read the full press release
(IN BRIEF) The Nordic Investment Bank (NIB) has inked a 10-year loan agreement with Svenska Cellulosa Aktiebolaget SCA (Publ) to co-finance the Fasikan Wind Farm in Jämtland county, northern Sweden. Valued at SEK 1 billion, this loan will bolster the … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Fasikan Wind Farm, Kim Krokfors, NIB, Northern Sweden, partnership, sustainability, Svenska Cellulosa Aktiebolaget SCA
(IN BRIEF) Vattenfall’s Hollandse Kust Zuid Offshore Wind Farm marks a significant shift in offshore wind turbine construction with the introduction of reusable monopile covers. Traditionally, covers were disposed of after use, but this innovative solution, developed by CCM B.V., … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Sweden
Tagged CCM B.V., construction, Hollandse Kust Zuid (HKZ), Michiel Kraak, Monopile Covers, Netherlands, offshore wind farm, Olaf Rick, partnership, sustainability, Vattenfall
(IN BRIEF) Eni, Fincantieri, and RINA, prominent Italian entities in energy, shipbuilding, and engineering consultancy respectively, have solidified an agreement to spearhead initiatives targeting the decarbonization of the maritime sector. Their collaborative efforts aim to develop sustainable alternatives, explore new … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Transportation & Logistics
Tagged alliance, Carlo Luzzatto, decarbonization, Energy Giants, Eni, Fincantieri, Giuseppe Ricci, Italy, maritime, partnership, Pierroberto Folgiero, RINA, sustainability
(IN BRIEF) Stadler proudly announces that its FLIRT H2 has secured a place in the Guinness World Records database for traveling the longest distance (1,741.7 miles) by a hydrogen fuel cell electric multiple unit passenger train without refueling. This achievement … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, News, Switzerland, Technology, Transportation & Logistics, Travel
Tagged Awards, Dr. Ansgar Brockmeyer, FLIRT H2, Guinness World Record, hydrogen train, leadership, Martin Ritter, Stadler, sustainability
(IN BRIEF) Gasum, a leading Nordic energy company, and the Norwegian Road Transport Association (NLF) have joined forces to promote the use of biogas as a key component of Norway’s green energy transition. The collaboration aims to raise awareness about … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Transportation & Logistics
Tagged biogas, fossil diesel, Gasum, Jogeir Munkeby, Kjell Olafsrud, Norway, Norwegian Road Transport Association (NLF), partnership, Rune Amundsen, sustainability, Transportation Industry
(IN BRIEF) Aboitiz Solar Power, Inc., a subsidiary of Aboitiz Power Corporation, has enlisted AFRY as the owner’s engineer for the construction of a 172 MWp solar photovoltaic (PV) plant in Negros Occidental, Philippines. The project, part of AboitizPower’s extensive … Read the full press release
(IN BRIEF) Fisia Italimpianti, a subsidiary of the Webuild Group, has initiated the construction phase of a Water Treatment Plant in Saudi Arabia, marking its entry into the Oil&Gas sector. The project, part of the Zuluf onshore oil plant complex, … Read the full press release
(IN BRIEF) REN – Redes Energéticas Nacionais, in adherence to its social responsibility policy, has contributed five vehicles to esteemed organizations within the social sector, aimed at bolstering service provision. The selected institutions include Associação Salvador, Centro Social Recreativo e … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Financial, Government, Industrial, Investment, Management, News, Non Profit, Portugal
Tagged Associação Para a Recuperação de Cidadãos Inadaptados de Oliveira do Hospital, Associação Salvador, Centro Paroquial de Cachopo, Centro Social e Cultural de Fermedo, Centro Social Recreativo e Cultural de Pedralva, Escariz e Mato, Margarida Ferreirinha, Philanthropic, REN – Redes Energéticas Nacionais, Salvador Mendes de Almeida, Vehicle Donations
(IN BRIEF) MOL Group has initiated the application process for its renowned fresh graduate program, Growww, offering over 90 positions across 8 countries to young professionals eager to contribute to the energy transition. The program, which has attracted thousands of … Read the full press release
Posted in Business, Energy, Gas & Oil, Hungary, Industrial, Management, Media, News
Tagged energy transition, Growww Program, Lana Faust Križan, MOL Group, recruitment, young professionals
(IN BRIEF) UniCredit, a prominent banking institution, is set to participate in the “WWF Earth Hour” initiative on March 23, 20.30 local time, for the 18th consecutive year. The bank will switch off lights in 33 of its buildings across … Read the full press release
Posted in Austria, Banks, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, Media, News
Tagged Fiona Melrose, Robert Zadrazil, sustainability, UNICREDIT, WWF Earth Hour
(IN BRIEF) In accordance with Danish law on employee representation, Vestas Group’s Danish companies have conducted regular elections to select representatives for the Board of Directors. Michael Abildgaard, Senior Shop Steward at Vestas Manufacturing A/S, and Claus Christensen, Service Engineer … Read the full press release
(IN BRIEF) Vattenfall’s ambitious Norrbäck and Pauträsk wind project, comprising 111 turbines with a combined output of 530 MW, has successfully obtained its final environmental permit. With an anticipated annual production of 2 TWh, these wind farms, located across Lycksele, … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is supporting energy efficiency initiatives in Vilnius by investing €25 million in Šiaulių Bank’s energy efficiency fund. Managed by Šiaulių Bank, the fund aims to finance energy efficiency renovations in … Read the full press release
Posted in Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Management, News, Real Estate, United Kingdom
Tagged EBRD, ENERGY, Lithuania, partnership, residential, Šiaulių Bank, Sue Barrett, sustainability, Vilnius, Vytautas Sinius
(IN BRIEF) TotalEnergies announces the successful restart of production from the Tyra hub in the Danish North Sea following a major redevelopment project. The revamped hub is set to produce 5.7 million cubic meters of gas and 22,000 barrels of … Read the full press release
(IN BRIEF) ABL Group ASA (ticker: ABL) has announced the commencement of a share buyback program, aiming to repurchase up to 250,000 of its own shares, representing approximately 0.2% of the outstanding share capital. The program, authorized by the Board … Read the full press release
(IN BRIEF) Iberdrola and Amazon strengthen their global renewable energy partnership with a new Power Purchase Agreement (PPA) for 159 MW of clean electricity from the East Anglia THREE offshore wind farm in the UK. This agreement expands Amazon’s commitment … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, United Kingdom
Tagged Amazon, East Anglia THREE Wind Farm, Iberdrola, Lindsay McQuade, partnership, renewable energy, Sergio Hernández de Deza, sustainability, UK
(IN BRIEF) ZF Wind Power is ramping up its production capabilities in response to the surging demand for wind energy in Europe. With 18.3 GW of new wind turbines installed in 2023 and projections indicating rapid growth, ZF is strategically … Read the full press release
(IN BRIEF) Chile’s General Directorate of Civil Aeronautics (DGAC) and Thales, a global technology leader, have unveiled the world’s inaugural 100% solar-powered air traffic control radar station in Chile’s Atacama Desert. Combining Thales’ advanced STAR NG primary radar and RSM … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Security & Safety, Technology
Tagged Air Traffic Control Radar, Atacama Desert, Chile, DGAC, Juan Alegría, Lionel de Castellane, partnership, Solar-Powered, sustainability, Thales
(IN BRIEF) GKN Aerospace collaborates with Marshall, Parker Meggitt, and several prestigious universities in the HyFIVE consortium, marking a significant milestone in establishing a robust cryogenic hydrogen systems supply chain for future aircraft. With a £40 million programme secured, supported … Read the full press release
(IN BRIEF) Telefónica Tech has been chosen as the technology partner for the digitalization of public lighting in Santiago de Compostela by the joint venture of Ferrovial and Endesa X. This initiative involves the implementation of Telefónica Tech’s intelligent lighting … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Marketing, News, Spain, Technology, Telecom
Tagged Alfredo Serret, Dionisio Martínez, Endesa X, Ferrovial, partnership, Santiago de Compostela, smart lighting, sustainability, Telefónica Tech, Tellink
(IN BRIEF) Standard Chartered and DHL Express have entered a strategic partnership to advance the use of Sustainable Aviation Fuel (SAF) through DHL’s GoGreen Plus service. This collaboration enables Standard Chartered to offset CO2 emissions associated with its upstream logistics … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Transportation & Logistics
Tagged DHL Express, Khuresh Faizullabhoy, partnership, Singapore, Standard Chartered, sustainability, sustainable aviation fuel, Yung C. Ooi
(IN BRIEF) Shell has published its 27th annual Sustainability Report, showcasing progress made in social, safety, and environmental performance throughout 2023. CEO Wael Sawan emphasizes the company’s commitment to creating more value with fewer emissions, noting advancements in reducing carbon … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, United Kingdom
(IN BRIEF) EIB President Nadia Calviño hosted Ukrainian Prime Minister Denys Shmyhal at the EIB headquarters, marking a significant step in bolstering Ukraine’s energy security amidst ongoing challenges from the war. The meeting saw the signing of a Memorandum of … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Ukraine
Tagged Denys Shmyhal, EIB, energy security, Ihor Syrota, Nadia Calviño, partnership, sustainability, Teresa Czerwinska, UKRAINE, Ukrhydroenergo
(IN BRIEF) DNV, a renowned risk management and quality assurance firm, has collaborated with Moss Maritime, a leading offshore design and engineering services provider, to advance the deployment of floating solar technology, particularly in challenging environmental conditions. This partnership has … Read the full press release
(IN BRIEF) Empa researchers are leading the charge in the “Mining the Atmosphere” initiative, aiming to harvest renewable energy from the Earth’s sun belt and transport it to industrial hubs like Switzerland. By utilizing pyrolysis to decarbonize natural gas, producing … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Science, Switzerland, Technology
Tagged "Mining the Atmosphere", Christian Bach, Empa, renewable energy, sustainability
(IN BRIEF) ENGIE, a global leader in renewable energy, has introduced a groundbreaking Co-Located Battery Energy Storage System (BESS) with a storage capacity of 638 MWh and 139 MW of installed capacity. This innovative technology, utilizing lithium batteries, is integrated … Read the full press release
(IN BRIEF) In a significant development, LPKF Laser & Electronics SE has secured another major order in the solar market, reaffirming its longstanding partnership with a prominent international manufacturer. The order entails the supply of high-precision laser systems for structuring … Read the full press release
(IN BRIEF) The European Network of Transmission System Operators for Electricity (ENTSO-E) expresses optimism as discussions between the European Union and Switzerland commence regarding an electricity agreement, emphasizing its critical importance for the secure and efficient operation of the European … Read the full press release
Posted in Belgium, Business, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland
Tagged electricity, ENTSO-E, EU, partnership, sustainability, Switzerland
(IN BRIEF) TotalEnergies has secured over 1.5 GW of renewable Power Purchase Agreements (PPAs) with 600+ industrial and commercial clients globally. With 1.1 GW already operational, generating 1.5 TWh annually, an additional 400 MW will be commissioned by year-end. These … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Industrial, Infrastructure & Utilities, Management
Tagged battery storage, biogas, CO₂ capture, CO₂ storage, CO₂ use, electric mobility, electricity, energy transition, floating photovoltaic plant, GRP steel factory, Gunung Raja Paksi steel factory, Holcim Belgium, hydrogen, JFK Airport, low-carbon fuels, Power Purchase Agreements, PPAs, PV plant, renewable, renewable electricity, Rooftop Solar System, Sharqiyah Desalination Plant, solar carport project, solar electricity, solar facility, sustainable aviation fuel, TotalEnergies, Veolia, Vincent Stoquart
(IN BRIEF) The European Investment Bank (EIB) has approved a €700 million green loan to facilitate the expansion of Iberdrola’s electricity distribution grid in Spain, aiming to enhance the integration of renewable energy sources and enable new uses such as … Read the full press release
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
