Category Archives: Energy, Gas & Oil

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

Teollisuuden Voima Oyj (TVO) takes EUR 65 million from NIB for safety system upgrades in two existing nuclear power plant units in Finland

HELSINKI, 19-Dec-2018 — /EuropaWire/ — NIB and the Finnish energy company Teollisuuden Voima Oyj (TVO) have signed a loan agreement of EUR 65 million financing safety system upgrades in two existing nuclear power plant units in Finland. This ten-year loan will contribute to TVO’s refurbishment project … Read the full press release

Vattenfall ranked “Leader” by Sustainalyctis, an improvement from last year’s ranking – where the company was rated as “outperformer”

STOCKHOLM, 18-Dec-2018 — /EuropaWire/ — In parallel to being assessed for their financial and business performance, companies are to an increasing extent, also rated for their sustainability performance. The environmental, social and governance (ESG) criteria is a set of standards … Read the full press release

Vattenfall to supply 260 GWh electricity yearly to Elkem for the period 2020 – 2026

STOCKHOLM, 18-Dec-2018 — /EuropaWire/ — Vattenfall and the Norwegian industrial group Elkem have signed a long-term electricity supply agreement for the period 2020 – 2026. The deal is the first major supply agreement with Elkem and includes supply of 260 GWh … Read the full press release

Sarwjit Sambhi to succeed Mark Hodges as CEO Centrica Consumer and will join the Centrica Board as an Executive Director

WINDSOR, 18-Dec-2018 — /EuropaWire/ — Centrica plc (the ‘Company’) announces that after nearly 4 years with the Company Mark Hodges, Chief Executive, Centrica Consumer will be leaving on 28th February 2019 to take up a new role as Chief Executive of … Read the full press release

ENGIE and Arval launch new green transport offer that aims to simplify access to electric vehicles

La Défense, France, 17-Dec-2018 — /EuropaWire/ — ENGIE, the global energy company and major player in charging infrastructure for electric vehicles, and Arval, the global specialist in corporate vehicle fleet leasing, have announced the launch of a new green transport offer … Read the full press release

Equinor announces its second offshore wind lease in the United States

Equinor has been declared the provisional winner of one of the three leases offered in the US government’s wind lease sale for an area offshore the Commonwealth of Massachusetts. Stavanger, Norway, 17-Dec-2018 — /EuropaWire/ — Equinor submitted a winning bid of … Read the full press release

Gas production from Aasta Hansteen field opens a new region for gas export to Europe

Stavanger, Norway, 17-Dec-2018 — On 16 December Equinor and its partners started production from the Aasta Hansteen gas field in the Norwegian Sea. Today, 17 December gas from the Aasta Hansteen field is available to the market for the first … Read the full press release

Enel begins operation of its first wind facility in the US state of Illinois

The 185 MW wind farm will sell its power to Bloomberg LP, General Motors and Constellation, an Exelon company Enel invested approximately 325 million US dollars in the construction of the wind farm, which will generate around 570 GWh per … Read the full press release

Enel S.p.A. confirmed once again in the FTSE4Good Index Series following the index’s review of the second half of 2018

The company’s presence was renewed following the second half 2018 review The Group’s subsidiaries Endesa, Enel Américas and Enel Chile were also confirmed in the latest edition of the index ROME, 13-Dec-2018 — /EuropaWire/ — Enel S.p.A. (“Enel”) has been … Read the full press release

Cebr: oil price will cycle around $60 until the mid to late 2020s

Forecasting Eye  LONDON, 10-Dec-2018 — /EuropaWire/ — The announcement from the margins of the G20 that Russia and the Saudis were cooperating on oil pricing certainly gave a fillip to the oil markets. The Brent crude future rose from $58.76 per barrel … Read the full press release

Gazprom Chairman Alexey Miller moderated the 39th Presiding Committee Meeting of the International Business Congress (IBC) in St. Petersburg

St. Petersburg hosted today the 39th Presiding Committee Meeting of the International Business Congress (IBC) moderated by Alexey Miller, Chairman of the Gazprom Management Committee and President of the IBC. MOSCOW, 10-Dec-2018 — /EuropaWire/ — The event participants took stock of the IBC performance in 2018 and defined … Read the full press release

Eni: Mubadala Petroleum and BP entry into Nour North Sinai Offshore concession approved by the Egyptian Government

Egyptian Government approval for the sale of a 20% interest to Mubadala Petroleum and a 25% interest to BP out of Eni’s share in the Nour North Sinai Offshore exploratory concession has been granted. The approval follows the signing of … Read the full press release

EBRD seeks to increase the volume of green financing to 40 per cent of EBRD annual investment by 2020

Development finance institutions share their experience at COP24 LONDON, 06-Dec-2018 — /EuropaWire/ — Climate change impacts are high on the international agenda. From severe wildfires in California and Greece to devastating floods in Kerala, these impacts have dominated headlines this year. Both … Read the full press release

EBRD to finance key urban projects in Romania’s Craiova

€15 million loan to the city of Craiova The city to buy environmentally friendly buses and improve energy efficiency of public buildings EBRD to help Craiova develop an action plan to boost green infrastructure LONDON, 06-Dec-2018 — /EuropaWire/ — Some 300,000 … Read the full press release

Siemens: Nemo Link connects the Belgian and the British power grid with a combination of subsea and underground cables

Nemo Link is the first transmission link between the two countries It enables transmission of 1,000 MW electricity using Siemens HVDC Plus technology Siemens built converter stations housing the state of the art HVDC equipment in both Herdersbrug (Belgium) and … Read the full press release

Pöyry signs with PT. Indonesia Power for wind power, solar PV, battery storage and different renewable hybrid plants across Indonesia

HELSINKI, 06-Dec-2018 — /EuropaWire/ — PT. Indonesia Power has awarded Pöyry with a three-year Framework Agreement contract for a number of different  types of renewable power projects across Indonesia. The assignment includes wind power, solar PV, battery storage and different renewable … Read the full press release

Germany’s largest natural gas and crude oil producer Wintershall advocates greater use of liquefied natural gas (LNG) in maritime shipping

CEO informs Hamburg’s First Mayor about the merger between Wintershall and DEA HAMBURG, 04-Dec-2018 — /EuropaWire/ — Germany’s largest natural gas and crude oil producer advocates greater use of liquefied natural gas (LNG) in maritime shipping. “Europe’s ports need LNG … Read the full press release

Seamade NV orders 58 units of the SG 8.0-167 DD offshore wind turbine from Siemens Gamesa Renewable Energy

Project to utilize 58 SG 8.0-167 DD offshore wind turbines; 17-year Long Term Service agreement with logistics included SeaMade is the name of two combined offshore wind projects, previously known as Mermaid (235 MW) and Seastar (252 MW) Clean energy … Read the full press release

Neste: US EPA’s 2020 renewable volume final rule increases requirements for biomass-based diesel from the 2019 standard by 330 million gallons for 2020

ESPOO, 03-Dec-2018 — /EuropaWire/ — The Environmental Protection Agency (EPA) in the US published the final ruling covering renewable fuel volume requirements under the Renewable Fuel Standard (RFS) program for 2019, and biomass-based diesel for 2020 on 30 November 2018. Neste … Read the full press release

WindEurope: EU’s newly-agreed renewable energy and energy efficiency target aims for net-zero greenhouse gas emissions by 2050

The European Commission today called for the bloc to aim for net-zero greenhouse gas emissions by 2050 in its new decarbonisation strategy. BRUSSELS, 29-Nov-2018 — /EuropaWire/ — The EU’s newly-agreed renewable energy and energy efficiency targets put the bloc on track … Read the full press release