Category Archives: Energy, Gas & Oil

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

European Investment Fund Strengthens Alternative Lending Platform Under Regional Resilience Fund with Investment in Qualitas Energy

(IN BRIEF) The European Investment Fund has committed €62 million to the Qualitas Energy Credit Fund under the Alternative Lending Instrument for Sustainable Development within Spain’s Regional Resilience Fund, using NextGenerationEU resources. Managed by Qualitas Energy, the fund provides debt … Read the full press release

EU-Wide SME Energy Efficiency Programme Expands Financing and Servitisation Models to Strengthen Competitiveness and Decarbonisation

(IN BRIEF) The EIB Group’s Energy Efficiency for SMEs initiative has delivered €6 billion in financing in its first year, supporting up to 150,000 SMEs across Europe in implementing energy efficiency and decarbonisation measures. Launched with the European Commission and … Read the full press release

EIB Commits €60 Million to Solas Capital Platform to Mobilise €400 Million for SME Energy Efficiency Projects Across Europe

(IN BRIEF) The European Investment Bank has committed €60 million to Solas Capital’s Solas Sustainable Energy Fund II to launch a co-financing platform aimed at scaling energy efficiency projects for SMEs across the European Union. The platform is expected to … Read the full press release

EIB Institute Strengthens Kyiv Heating Points with Targeted Donation to Support Communities During Prolonged Power Outages

(IN BRIEF) The EIB Institute has donated equipment to strengthen 50 heating points in Kyiv, known as Points of Invincibility, which provide warm shelter, hot water and device-charging capabilities during prolonged power outages caused by ongoing attacks on Ukraine’s energy … Read the full press release

EIB Commits €100 Million Anchor Investment to Eiffel Facility Targeting €1.2 Billion in SME Energy Efficiency Projects Across Europe

(IN BRIEF) The European Investment Bank has committed €100 million as an anchor investor in the Eiffel Energy Efficiency Co-Investment Facility managed by Eiffel Investment Group, aiming to mobilise up to €1.2 billion in energy efficiency investments across the EU … Read the full press release

Gasum Expands Finland’s Biogas Infrastructure with New Heavy-Traffic LBG Station in Ylivieska

(IN BRIEF) Gasum has opened a new liquefied biogas filling station in Ylivieska, Finland, strategically located to serve heavy-duty freight traffic along major national transport routes and close to key logistics hubs such as DSV’s terminal. The station strengthens Finland’s … Read the full press release

AF Offshore Decom Secures NOK 350–400 Million Contract with Ithaca Energy for North Sea FSU Decommissioning

(IN BRIEF) AF Offshore Decom, part of AF Gruppen, has secured a contract with Ithaca Energy to manage the engineering, receipt, cleaning, dismantling, and recycling of a 24,000-ton floating storage unit from the UK North Sea, with delivery to AF … Read the full press release

Neste Expands Its Nordic Logistics Footprint with New Lubricants Warehouse in Jönköping Sweden

(IN BRIEF) Neste has opened its own lubricants warehouse in Jönköping, Sweden, to improve delivery speed and service for its industrial, agricultural, and consumer customers, strengthening its presence in the Nordic market while supporting its high-performance, OEM-approved lubricant portfolio and … Read the full press release

EIB Global Partners with Andrada Mining and EcoGraf to Accelerate African Lithium and Graphite Projects under the Global Gateway Strategy

(IN BRIEF) EIB Global has signed cooperation agreements with Andrada Mining in Namibia and EcoGraf in Tanzania to provide up to €2 million each in EU-funded technical assistance aimed at advancing early-stage lithium and graphite projects toward investment readiness as … Read the full press release

Neste and Fortum Extend Long-Term Electricity Partnership to Secure Power Supply for Finnish Refinery Operations

(IN BRIEF) Neste and Fortum have extended their strategic energy partnership through a new bilateral agreement for 2026–2030 under which Fortum will supply approximately 2.6 TWh of electricity from its Nordic generation portfolio to support Neste’s Finnish operations, particularly its … Read the full press release

DEUTZ Showcases Sustainable Drive and Energy Solutions at CONEXPO 2026 to Strengthen Its Position in the US Market

(IN BRIEF) DEUTZ is presenting its latest sustainable mobility and energy solutions at CONEXPO 2026 in Las Vegas, underscoring the strategic importance of the US construction market. The company is showcasing a broad portfolio ranging from diesel and HVO-compatible combustion … Read the full press release

HELLA Aftermarket Expands Thermal Management Portfolio to 2,400 Parts with 1,500 New Additions for All Vehicle Segments

(IN BRIEF) HELLA Aftermarket is expanding its thermal management portfolio by around 1,500 items, bringing its total offering to approximately 2,400 parts for passenger cars, light commercial vehicles, and commercial vehicles. The update includes eleven new product categories such as … Read the full press release

Prosolia Energy Secures €380 Million in Senior Debt to Support Global Expansion of Renewable Energy Portfolio

(IN BRIEF) Prosolia Energy has secured €380 million in senior debt financing to support the development and expansion of its global renewable energy pipeline, including photovoltaic, wind, and battery storage projects. The package comprises a €150 million multi-technology warehouse facility … Read the full press release

RWE Advances Nordseecluster Construction as Two Large-Scale Offshore Substations Prepare for Deployment

(IN BRIEF) RWE has reached a key construction milestone for the 1.6-gigawatt Nordseecluster offshore wind project with the completion of two large electrical substations at Chantiers de l’Atlantique in Saint-Nazaire, which will now be transported to the North Sea for … Read the full press release

STMicroelectronics Introduces Stellar P3E to Combine Real-Time Control and Edge AI in Next-Generation Automotive Microcontrollers

(IN BRIEF) STMicroelectronics has introduced the Stellar P3E, the first automotive microcontroller with built-in AI acceleration for real-time edge intelligence, aimed at software-defined vehicles and X-in-1 ECU architectures that reduce cost, weight, and complexity. The MCU integrates ST’s Neural-ART Accelerator … Read the full press release

Volkswagen Group Reaches Five Million Electric Drive Units Produced and Advances In-House Pulse Inverter Strategy

(IN BRIEF) The Volkswagen Group has reached a production milestone of five million electric drive units across its global plants in Győr, Kassel, Tianjin, and Zuffenhausen, highlighting the scale of its e-mobility ramp-up and the strength of its Group Components … Read the full press release

National Grid Completes Major Overhead Line Upgrade North of Harker to Strengthen England-Scotland Power Link

(IN BRIEF) National Grid has completed a major upgrade of more than 90 kilometres of overhead transmission lines north of its Harker substation near Carlisle, replacing existing circuits with higher-capacity wires and installing an additional 12-kilometre line to reduce congestion … Read the full press release

Schaatsbaan Rotterdam Installs 1MW Battery with Eneco to Strengthen Grid Support and Move Towards Cost-Neutral Energy

(IN BRIEF) Schaatsbaan Rotterdam has installed a 1MW on-site battery, managed by Eneco, to make its energy use more sustainable and to optimise its existing high-capacity grid connection throughout the year. The system allows surplus renewable electricity to be stored … Read the full press release

Wood Continues Support for Strategically Important UK Gas Infrastructure with Expanded Role Across Shell’s Southern North Sea Operations

(IN BRIEF) Wood has secured a 16-month extension to its technical personnel and engineering support contract with Shell U.K. Limited, enabling it to continue providing specialist services across key Southern North Sea assets including the Leman and Sole Pit platforms, … Read the full press release

RWE Secures Eight New UK Contracts for Difference to Add 290 Megawatts of Solar and Onshore Wind Capacity

(IN BRIEF) RWE has successfully secured Contracts for Difference in the UK government’s Allocation Round 7 for five solar PV projects and three onshore wind developments, representing up to 290 megawatts of new renewable capacity capable of powering around 240,000 … Read the full press release