(IN BRIEF) TotalEnergies has agreed to sell its non-operated 12.5% stake in the OML118 Production Sharing Contract to Shell Nigeria Exploration and Production Company Ltd (SNEPCo) for $510 million. The deal includes assets in the Bonga and Bonga North fields, … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Bonga field, energy transition, exploration, gas assets, Nicolas Terraz, Nigeria, Nigeria LNG, offshore oil, OML118, partnership, production, Production Sharing Contract, regulatory approvals, Shell Nigeria, TotalEnergies, Ubeta project, upstream portfolio
(IN BRIEF) A new study conducted by DNV and the University of Cambridge reveals that companies are using ESG regulations to enhance business performance, despite the regulatory uncertainty. The research found that 72% of businesses believe improving ESG compliance has … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Norway, Technology, United Kingdom
Tagged business performance, carbon emissions, corporate reporting, CSRD, customer acquisition, DNV, environmental, ESG regulations, financial processes, Operational Efficiency, partnership, regulatory compliance, risk management, Social and Governance, stakeholder engagement, supply chain due diligence, sustainability, sustainable development, transparency, University of Cambridge
(IN BRIEF) Centrica Business Solutions has partnered with Carpenter Ltd to decarbonise its Glossop manufacturing site by installing a 1MW solar array on a previously unusable steep bank. The solar farm, set to generate 1,025 MWh annually, will cover 15% … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged biodiversity, biodiversity net gain, carbon reduction, Carpenter Ltd, Centrica Business Solutions, decarbonisation, energy efficiency, energy transition, environmental impact, Glossop, green electricity, Green Energy, operational cost savings, partnership, Push Power, renewable energy, solar array, solar energy, solar installation, sustainability, sustainable business solutions, UK
(IN BRIEF) Centrica Energy is opening its first US office in New York, marking the company’s entry into North America’s gas optimisation market. Following its entry into power markets in 2024, Centrica Energy plans to build a comprehensive gas, power, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged Cassim Mangerah, Centrica Energy, Chris O’Shea, decarbonisation, energy optimisation, energy security, energy trading, energy transition, gas optimisation, gas trading, global energy markets, LNG, natural gas, New York, North America, partnership, power markets, Power Systems, sustainability, trading capabilities, US energy market
(IN BRIEF) The European Investment Bank has provided a €90 million loan to Bordeaux Métropole Énergies to support its 2024-2028 strategic plan, focusing on renewable energy projects and energy-efficient building renovations. This funding will aid in the development of solar … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged biogas, Bordeaux Métropole Énergies, carbon neutrality, district heating, EIB loan, energy efficiency, energy transition, EU climate action, European Investment Bank, Gironde, low carbon solutions, partnership, photovoltaic solutions, renewable energy, REPowerEU, sustainability
(IN BRIEF) Eneco’s latest white paper advocates for government policies to support households in shifting their electricity consumption to off-peak hours, which can ease grid congestion and better utilize sustainable energy. The company is also introducing a new off-peak energy … Read the full press release
Posted in Business, Energy, Gas & Oil, Government, Industrial, Infrastructure & Utilities, Management, Netherlands, News, Technology
Tagged electrical grid, Eneco, Eneco VoordeelMomenten, energy consumption, energy data, energy incentives, energy savings, energy suppliers, flex bonus, government policy, grid congestion, home batteries, off-peak contract, smart energy use, sustainable energy, VAT removal, white paper
(IN BRIEF) As Tempelman, CEO of Eneco, has announced his decision to leave the company to join Signify as their new CEO in September. Kees Jan Rameau, the current COO-IE, will serve as interim CEO until a permanent successor is … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, Netherlands, News
Tagged appointment, As Tempelman, CEO, corporate transition, Eneco, energy transition, executive change, interim CEO, Kees-Jan Rameau, leadership, Mel Kroon, OnePlanetPlan, Shell, Signify, Supervisory Board, sustainability goals
(IN BRIEF) Wood has secured a contract from TA’ZIZ to provide project management consultancy for the UAE’s first methanol production facility in Al Ruwais Industrial City, Abu Dhabi. The facility will be one of the largest in the world, producing … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, News, Technology, United Kingdom
Tagged 2028, Abu Dhabi, Al Ruwais Industrial City, chemical facilities, clean energy technology, construction, Eastern Hemisphere Projects, energy transition, energy-efficient plant, EPC contractor, Gerry Traynor, methanol production, Middle East projects, PMC, Project Management Consultancy, TA'ZIZ, UAE, Wood
(IN BRIEF) Fortum announces that Tero Holländer, Head of Business Line Batteries, will depart the company in August 2025 to pursue new opportunities. Anssi Airas, currently IT Director at Fortum Battery Recycling, will succeed Holländer. Holländer reflects on his rewarding … Read the full press release
Posted in Business, Energy, Gas & Oil, Finland, Industrial, Management, News, Technology
Tagged Anssi Airas, Battery recycling, CEO office, closed-loop hydrometallurgical facility, customer solutions, digitalisation, electrification, energy transition, Esa Hyvärinen, European market, Fortum, Fortum Battery Recycling, Harjavalta, leadership change, lithium-ion batteries, sustainable energy, Tero Holländer
(IN BRIEF) The GE Vernova—ANDRITZ HYDRO Corp. consortium has been awarded an EPC contract for the installation of two synchronous condensers at the LCRA TSC project in West Texas. The project, recommended by ERCOT, aims to improve grid stability in … Read the full press release
Posted in Austria, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Technology
Tagged AI demand, Andritz Hydro, Bakersfield substation, Daniel Carrier, energy demand, energy transformation, EPC contract, ERCOT, GE Vernova, grid stability, Industrial Growth, Kristian Koellner, LCRA Transmission Services Corporation, Olivier Ruiz, power outages, project, reactive power, renewable energy, renewable generation, Synchronous Condensers, Texas grid, voltage management, West Texas
(IN BRIEF) Protergia, Greece’s largest private energy provider, has launched Protergia Picasso, a game-changing electricity product offering consumers the ability to pay a fixed monthly rate for their electricity bill over a year. This new product reflects Protergia’s rebranding around … Read the full press release
Posted in Energy, Gas & Oil, Environment, European Union, Greece, Industrial, Infrastructure & Utilities, Investment, Metals and Minerals
Tagged Aigli Zappeion, customer-centricity, energy consumption, energy industry, energy market, energy product, energy solutions, fixed monthly payments, Greece, GROWTH, INNOVATION, Konstantinos Vouzas, market share, Metlen, Protergia, Protergia Picasso, residential customers, small business customers, smart technologies, transparency, Vivian Bouzali, Yiannis Kalafatas
(IN BRIEF) Enel Green Power North America (EGPNA) has signed a swap agreement with Gulf Pacific Power (GPP) to increase its equity stake in operational wind farms in the USA. This agreement will increase Enel’s net installed capacity by 285 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Italy, Management, News
Tagged brownfield projects, capacity increase, EBITDA, Enel, Enel Green Power, energy transition, Green Energy, Gulf Pacific Power, net financial debt, operational assets, renewable energy, swap agreement, USA, wind energy, wind farms
(IN BRIEF) TotalEnergies has commenced oil production from the Mero-4 phase of the Mero field in Brazil, which will connect 12 wells to the new Alexandre de Gusmão FPSO unit. This phase increases Mero’s total production capacity to 770,000 barrels … Read the full press release
Posted in Business, Energy, Gas & Oil, France, Industrial, Investment
Tagged Alexandre de Gusmão, Brazil, CNOOC, CNPC, energy transition, exploration and production, FPSO, greenhouse gas emissions, Mero field, Mero-4, oil production, oil production capacity, Petrobras, Pré-Sal Petróleo S.A., pre-salt Santos Basin, Shell Brasil, sustainability, TotalEnergies
(IN BRIEF) Equinor ASA’s nomination committee has proposed Dawn Summers as a new member of the board of directors, with her election taking effect from 1 September 2025. In addition, re-elections for Jon Erik Reinhardsen as chair, Anne Drinkwater as … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, Norway
Tagged Anne Drinkwater, Board of Directors, carbon capture, Corporate Leadership, Dawn Summers, Diversity And Inclusion, Energy Policy, Equinor ASA, European energy policy, Fernanda Lopes Larsen, Finn Bjørn Ruyter, Haakon Bruun-Hanssen, hydrogen projects, Jon Erik Reinhardsen, Jonathan Lewis, Mikael Karlsson, STEM mentorship, Tone Hegland Bachke
(IN BRIEF) GEA is helping Lignatherm AG achieve its sustainability goals by providing a customized three-stage water treatment system at its new wood fiber insulation board factory in Küssnacht, Switzerland. This innovative system reduces fresh water usage by over 95% … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Germany, Industrial, Investment, Management, News, Switzerland, Technology
Tagged chemical processing, eco-friendly production, energy efficiency, environmental sustainability, GEA, Lignatherm, mechanical vapor compression, MVR system, renewable energy, resource conservation, sustainable production, Swiss manufacturing, thermal separation, wastewater recycling, water treatment, water-saving technology, wood fiber insulation
(IN BRIEF) KfW IPEX-Bank has played a leading role in financing the Baltyk 2 and Baltyk 3 offshore wind farms in Poland, each with a 740 MW capacity. With a EUR 3 billion financing for each project, KfW IPEX-Bank, as … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, Marketing, News, Poland, Technology
Tagged Baltyk 2, Baltyk 3, Coal Phase-Out, energy transition, Equinor, Euler Hermes, European export industry, export credit agencies, financing, greenhouse gas emissions, KfW IPEX-Bank, Offshore wind, offshore wind market, partnership, Poland, Polenergia, renewable energy, Siemens SG 14-236 DD, sustainability, Velibor Marjanovic
(IN BRIEF) Expro has secured multi-year Tubular Running Services contracts worth over $80 million from two leading Super-Majors in the Gulf of America. These contracts involve both deepwater drill ships and platform rigs and feature the integration of advanced technologies … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged 20K developments, Centri-FITM, completions technologies, deepwater drill ships, efficiency, Expro, Gulf of America, iTongTM, Jeremy Angelle, offshore environments, Operational Excellence, partnership, platform rigs, safety, Super-Majors, sustainability, TRS, Tubular Running Services, well construction
(IN BRIEF) Amey has launched a new podcast series exploring Smart Local Energy Systems (SLES) and their potential to foster a low-carbon, resilient, and sustainable future. The series features experts discussing key topics like local energy generation, data governance, cybersecurity, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged Amey, Cybersecurity, Damian Bell, Data Governance, decarbonisation, energy systems, local energy generation, podcast, Professor David Healey, Public-Private Partnerships, SLES, Smart Local Energy Systems, sustainability, sustainable infrastructure, UK infrastructure
(IN BRIEF) Lloyds Banking Group has partnered with North East Mayor Kim McGuinness, NECA, and OFI to create a green energy hub in the North East. The initiative focuses on unlocking private sector investment to support the region’s green energy … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged clean energy, electric vehicles, green industry, Infrastructure Development, Kim McGuinness, Lloyds Banking Group, net zero, North East, North East Combined Authority, North East Investment Zone, Office for Investment, Offshore wind, partnership, private investment, sustainability, sustainable growth, Tyne Economic Corridor, UKREiiF
(IN BRIEF) Orano announced the launch of serial production of the 30B-10 cylinders at the World Nuclear Supply Chain (WNSC) symposium in Warsaw, designed to transport Low Enriched Uranium Plus (LEU+) enriched up to 10%. The new DN30-X package, which … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, France, Government, Industrial, Investment, Management, Media, News, Poland, Technology
Tagged 30B-10 cylinders, criticality control, DN30-X package, France, LEU+, neutrophilic control rods, NRC license, nuclear regulatory commission, nuclear supply chain, Orano, Small Modular Reactors, transportation solutions, United States, uranium hexafluoride, uranium transport, World Nuclear Supply Chain symposium
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