Category Archives: Energy, Gas & Oil

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

Hydrogen Project Development Advances as Fortum Partners with City of Kemi on Ajos Industrial Site

(IN BRIEF) Fortum and the City of Kemi have agreed to develop a 17-hectare industrial site on Ajos island as a potential hub for hydrogen and hydrogen-derivative production. Fortum will lead site development and investor engagement, while the final plant … Read the full press release

New ANDRITZ Lime Kiln Project Supports Environmentally Optimised Pulp Production in China

(IN BRIEF) ANDRITZ has been awarded a contract by Guangxi Botare Yuantrove Paper to supply a modern lime kiln plant for a new pulp mill in Guigang City, China, with start-up planned for the second quarter of 2026. The system … Read the full press release

Statkraft and Fortescue Extend Conditional Power Agreement for Holmaneset Green Hydrogen Project

(IN BRIEF) Statkraft and Fortescue have amended and extended their conditional power purchase agreement for the Holmaneset green hydrogen and green ammonia project, extending the agreement timeframe to 2029 and expanding it to cover a 10-year power supply. The revised … Read the full press release

ESG Transparency Award Recognises Kapsch TrafficCom as Leading Company for Sustainability Disclosure

(IN BRIEF) Kapsch TrafficCom has received the ESG Transparency Award for its 2024/25 sustainability statement, earning recognition as a “Leading Company” and placement in the award’s “Excellence Class”. The statement is the company’s first to comply with the EU’s Corporate … Read the full press release

Independent Due Diligence by DNV Enables €2 Billion Solar Portfolio Refinancing Across Europe

(IN BRIEF) DNV acted as technical due diligence advisor for Sonnedix’s successful €2 billion refinancing of a 1.3 GW European solar portfolio spanning 50 assets across six countries. Working on behalf of a consortium of leading international banks, DNV carried … Read the full press release

New Framework Agreement Expands Sweco’s Role in Vattenfall’s Net-Zero Energy Strategy

(IN BRIEF) Sweco has secured a new framework agreement with Vattenfall starting in January 2026, covering technical consulting services across a wide spectrum of energy technologies and infrastructure. Valued at approximately SEK 600 million over an initial three-year period, the … Read the full press release

Alfa Laval Unveils New LNG Fuel Supply System Designed for High Pressure Marine Applications

(IN BRIEF) Alfa Laval has launched FCM LNG, a new LNG fuel supply system designed to support shipowners adopting LNG as a transitional marine fuel. Introduced at Marintec 2025, the system integrates advanced cryogenic technology following Alfa Laval’s recent acquisition … Read the full press release

Dutch Research Council Invites Consortia to Develop Advanced Nuclear Reactors and Fuels

(IN BRIEF) The Dutch Research Council (NWO) has launched a new €6.1 million funding call to support research into innovative nuclear reactors and advanced nuclear fuels, as part of the Netherlands’ broader strategy to strengthen nuclear energy as a low-carbon … Read the full press release

Hexagon Partners with Montana Tech to Accelerate Underground Safety Technology Development

(IN BRIEF) Hexagon’s Mining division has signed an agreement with Montana Technological University to access the university’s Underground Mine Education Center, providing a real-world environment for testing and validating next-generation underground safety and collision-avoidance technologies. The partnership accelerates development through … Read the full press release

EIB Group and BBVA Mobilise €1.3 Billion to Support Spanish Businesses and Sustainable Housing

(IN BRIEF) The EIB Group has invested €714 million in two securitisation transactions with BBVA, enabling the bank to mobilise around €1.3 billion to support Spanish SMEs, entrepreneurs and sustainable housing projects. One transaction focuses on boosting business liquidity and … Read the full press release

Neste Updates Emissions Reduction Timelines Reflecting Financial and Investment Priorities

(IN BRIEF) Neste has revised certain climate targets to reflect its current financial position and a streamlined investment portfolio, while reaffirming its commitment to renewable fuels. The company now targets an 80% reduction in Scope 1 and 2 emissions by … Read the full press release

Infinity +Green Press Felts Earn Voith German Sustainability Award for Resource Efficiency

(IN BRIEF) Voith has won the German Sustainability Award in the “Resources” category for its Infinity +Green press felts, recognising an innovative recycling concept that enables unlimited recycling cycles without quality loss. Designed for full circularity, the press felts significantly … Read the full press release

EU Funded Project ELECTRO Taps Borealis Expertise to Transform Hard to Recycle Plastics

(IN BRIEF) Borealis is a key partner in Project ELECTRO, an EU-funded initiative developing electrified chemical recycling technologies to convert hard-to-recycle plastic waste into high-value olefins using renewable electricity. Drawing on its expertise in chemical recycling and polyolefins, Borealis leads … Read the full press release

Ahlstrom Secures Second Consecutive CDP Leadership Score Highlighting Strong Climate Performance

(IN BRIEF) Ahlstrom has earned a Leadership score of A- in the 2025 CDP Climate Change disclosure for the second year in a row, recognising its consistent progress in reducing emissions and strengthening climate governance. Alongside the climate score, the … Read the full press release

JYSK Advances Climate Strategy as Majority of Suppliers Commit to Science Based Targets

(IN BRIEF) JYSK has engaged all of its suppliers in setting science-based climate targets, with suppliers representing 94% of emissions committing to establish SBTi-approved reduction targets by FY28. The retailer’s supplier engagement target, validated by the Science Based Targets initiative, … Read the full press release

Equinor to Upgrade Forus East into Modern Sustainable Headquarters by 2030

(IN BRIEF) Equinor has confirmed it will keep its head office at Forus East and carry out a major refurbishment to create a modern, sustainable headquarters for around 4,500 employees in the Stavanger region. The phased upgrade, scheduled for completion … Read the full press release

RWE Expands Solar Portfolio with New Motorway Projects on Recultivated Land in North Rhine-Westphalia

(IN BRIEF) RWE has commissioned several new solar farms along the A44n motorway in North Rhine-Westphalia, adding 86.5 megawatts peak of renewable capacity on recultivated land at the former Garzweiler opencast mine. The installations will supply clean electricity for the … Read the full press release

Hapag-Lloyd Commits Over USD 500 Million to New Container Ships Supporting Fleet Deccarbonization

(IN BRIEF) Hapag-Lloyd has strengthened its commitment to fleet modernization and decarbonization by ordering eight new 4,500 TEU container ships from CIMC Raffles, with deliveries planned for 2028 and 2029 and an investment exceeding USD 500 million. Equipped with dual-fuel … Read the full press release

Acquisition of OLT Stake Enhances Snam’s Regasification Portfolio and LNG Diversification Strategy

(IN BRIEF) Snam has agreed to acquire Igneo Infrastructure Partners’ 48.2% stake in OLT Offshore LNG Toscana for approximately EUR 126 million, including shareholder loan components, increasing Snam’s ownership to 97.3% once the deal is completed in the first half … Read the full press release

Iberdrola’s €350 Million Tâmega Wind Project Accelerates Portugal’s Clean Energy Expansion and Industrial Development

(IN BRIEF) Iberdrola has begun assembling turbines for the new Tâmega Wind Farm, which will become Portugal’s largest wind installation with 274 MW of capacity, 38 Vestas 7.2 MW turbines, and annual generation of 601 GWh. The €350 million project … Read the full press release