Category Archives: Energy, Gas & Oil

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

ABB’s BESS-as-a-Service Offers Businesses a Flexible, Zero-CapEx Solution for Energy Storage and Sustainability

(IN BRIEF) ABB has launched its Battery Energy Storage Systems-as-a-Service to provide businesses with a flexible, zero-CapEx solution for energy storage. This service, designed for various industries, enables companies to adopt advanced energy solutions without large capital investments, ensuring immediate … Read the full press release

AkzoNobel Launches Groundbreaking Cooling Coating System to Enhance Energy Efficiency in Buildings

(IN BRIEF) AkzoNobel has introduced an innovative thermal insulation coating system in China that cools buildings and improves energy efficiency. The system uses a radiative cooling topcoat and a thermal radiation barrier mid-coat to lower building surface temperatures by up … Read the full press release

Equinor’s Empire Wind Project Moves Forward, Construction Resumes Following BOEM Approval

(IN BRIEF) Empire Offshore Wind LLC, a subsidiary of Equinor ASA, has resumed construction on the Empire Wind project after the Bureau of Ocean Energy Management lifted the stop work order. The project, which is more than 30 percent complete, … Read the full press release

Energiekontor Secures Financial Close for First Two Solar Park Projects in France as Part of Expansion Strategy

(IN BRIEF) Energiekontor AG, a leader in wind and solar energy projects, has successfully achieved financial closure for two solar park projects in France, marking a key milestone in its expansion into the French market. Located in the Occitania region, … Read the full press release

ORLEN Upstream Norway Makes Significant Discovery in Skarv Area, Estimated at 3-7 Million Barrels of Oil

(IN BRIEF) ORLEN Upstream Norway, together with its license partners, has made a new oil discovery in the Skarv area of the Norwegian Sea, estimated at 3-7 million barrels. Another discovery was made during drilling, with resources estimated at 1-2 … Read the full press release

Scania Expands Powertrain Portfolio with the Launch of the Super 11 Engine, Offering Enhanced Efficiency and Flexibility

(IN BRIEF) Scania has launched the Super 11 engine, a new addition to its Super powertrain portfolio, designed for energy-efficient and weight-sensitive transport operations. The Super 11 is 85 kg lighter than the Super 13 and delivers up to 7% … Read the full press release

Spirit Energy Sells 46.25% Interest in Cygnus Gas Field to Ithaca Energy as Part of Long-Term Energy Transition Strategy

(IN BRIEF) Centrica plc has finalized an agreement for Spirit Energy to sell a 46.25% stake in the Cygnus gas field to Ithaca Energy for £215 million. The sale includes £116 million in headline consideration and £99 million in decommissioning … Read the full press release

Snam Unveils Employee Stock Ownership Plan to Enhance Engagement and Shareholder Participation

(IN BRIEF) Snam has launched “Noi Snam”, its first employee stock ownership plan, designed to engage employees and foster a sense of belonging. The plan will be available to all employees, with benefits such as matching shares and loyalty shares. … Read the full press release

Siemens and TURN2X Forge Global Partnership to Accelerate Renewable Natural Gas Production

(IN BRIEF) Siemens and TURN2X have announced a strategic global partnership aimed at scaling up the production of renewable natural gas. By leveraging Siemens’ Xcelerator portfolio, the collaboration focuses on process optimization, operational excellence, and future-readiness, helping TURN2X meet the … Read the full press release

EIF and BNP Paribas Leasing Solutions Sign Landmark €200 Million InvestEU Guarantee to Support SMEs in Sustainability Transition

(IN BRIEF) The EIF and BNP Paribas Leasing Solutions have signed a landmark agreement to provide a €200 million portfolio guarantee, aimed at enhancing access to business asset leasing solutions for SMEs and small mid-caps across France, Germany, Italy, and … Read the full press release

AFRY Joins Nexans in Consulting Support for Gotland Connection Project to Address Growing Energy Demand

(IN BRIEF) AFRY has been appointed as the advisory partner for the Gotland Connection project, working alongside Nexans to support the delivery of high-voltage subsea and onshore cables. The project, commissioned by Svenska Kraftnät, aims to address Gotland’s growing electricity … Read the full press release

Vaisala Joins AGCLIMATE Consortium to Drive Innovative Solutions for Reducing Greenhouse Gas Emissions in Agriculture

(IN BRIEF) Vaisala has joined the AGCLIMATE project, a Finnish-led initiative aiming to reduce greenhouse gas emissions from agricultural fields. The project, which brings together leading research institutions and companies, focuses on developing practical tools for the food industry to … Read the full press release

Eni to Launch €1.5 Billion Share Buyback Program, Aimed at Additional Shareholder Remuneration

(IN BRIEF) Eni has been authorized to launch a new share buyback program, set to run until April 2026. The program will buy back up to 315 million shares, with a maximum value of €1.5 billion, potentially increasing to €3.5 … Read the full press release

BNP Paribas Expands Support for Energy Renovations in France, Addressing Key Barriers to Sustainability

(IN BRIEF) A BNP Paribas study, conducted with Harris Interactive, reveals that while 94% of French people prioritize energy-efficient home renovations, cost and complexity are significant barriers. In response, BNP Paribas plans to support 400,000 renovations across Europe by 2026. … Read the full press release

ENERCON Achieves Milestone with First Kilowatt Hour Fed Into Grid from E-175 EP5 E2 Prototype

(IN BRIEF) ENERCON has successfully commissioned the E-175 EP5 E2 prototype at the Wachendorf site in Lower Saxony, marking a key milestone in the turbine’s development. The E-175 EP5 E2, with a rated power of 7.0 MW and a rotor … Read the full press release

IONITY to Expand Charging Infrastructure with EUR 50 Million Investment from KfW IPEX-Bank, Supporting the Transition to Electric Mobility

(IN BRIEF) KfW IPEX-Bank has provided EUR 50 million to IONITY to support the expansion of its High Power Charging network across Europe. This investment will enhance IONITY’s infrastructure, particularly in Germany, France, Sweden, and the UK, by improving charging … Read the full press release

AFRY Secures Key Contracts for Zurich Western Bypass Refurbishment with Swiss Federal Road Authority

(IN BRIEF) AFRY has been awarded two important contracts as part of a consortium for the refurbishment of the Zurich Western Bypass by the Swiss Federal Road Authority (FEDRO). AFRY’s responsibilities include the planning and supervision of tunnel lighting and … Read the full press release

Kuehne+Nagel Partners with 14 Global Airlines for Sustainability Initiative in Air Logistics

(IN BRIEF) Kuehne+Nagel has signed individual MoUs with fourteen global airlines to create a sustainability-focused partnership in the air logistics industry. The collaboration, which spans four continents, will prioritize sustainable aviation fuel, transparency in emissions tracking, and a broader approach … Read the full press release

ICF Secures €150 Million in Loans from EIB and CEB to Enhance Catalonia’s Care Facilities

(IN BRIEF) The Institut Català de Finances (ICF) has signed agreements with the European Investment Bank (EIB) and the Council of Europe Development Bank (CEB) to secure €150 million in loans to develop social infrastructure in Catalonia. These loans will … Read the full press release

Latvia Chosen as Host for the EBRD’s 35th Annual Meeting in 2026 to Highlight Investment Opportunities

(IN BRIEF) The EBRD has announced that its 35th Annual Meeting will be held in Riga, Latvia, from June 5 to 7, 2026. The event, expected to attract over 2,000 participants, will feature a comprehensive programme, including discussions on investment … Read the full press release