Category Archives: Energy, Gas & Oil

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

Dutch development bank FMO loans USD 10 million to microfinance organisation VisionFund International (VFI)

THE HAGUE, 13-Mar-2018 — /EuropaWire/ — FMO, the Dutch development bank, has provided a five-year loan of USD 10 million to VisionFund International (VFI), a global microfinance organisation. This transaction will benefit the end clients of VFI’s microfinance institutions (MFIs) … Read the full press release

ENGIE’s Mirzapur solar power plant in India inaugurated by French President Macron and Indian Prime Minister Modi

In the context of the French State visit to India, French President Emmanuel Macron and Indian Prime Minister Narendra Modi inaugurated today Mirzapur solar power plant, Uttar Pradesh’s largest solar project, with a capacity of 101 MWp , in the … Read the full press release

Eni sells 10% stake in the Shorouk concession to Mubadala Investment Company’s subsidiary Mubadala Petroleum

Abu Dhabi (United Arab Emirates), 12-Mar-2018 — /EuropaWire/ — Eni has agreed to sell to Mubadala Petroleum, a wholly owned subsidiary of Mubadala Investment Company, a 10% stake in the Shorouk concession, offshore Egypt, where Zohr’s super-giant gas field is … Read the full press release

Eni to acquire 5% stake in the Lower Zakum offshore oil field and 10% stake in the oil, condensate and gas offshore fields of Umm Shaif and Nasr, UAE

Abu Dhabi (UAE), 12-Mar-2018 — /EuropaWire/ — Eni signed today in Abu Dhabi two Concession Agreements for the acquisition of a 5% stake in the Lower Zakum offshore oil field and of a 10% stake in the oil, condensate and gas … Read the full press release

Total now the second-largest operator in the North Sea with an output of 500,000 boe/d by 2020

PARIS, 09-Mar-2018 — /EuropaWire/ — Total announces the closing of the Maersk Oil acquisition signed on 21st of August 2017. It brings to Total around 1 billion barrels of oil equivalent of 2P/2C reserves and resources, mainly in the OECD … Read the full press release

Philippe Starck to design a unique and intelligent recharging unit concept for Bentayga Hybrid customers

Renowned creative thinker designs Power Dock for Bentayga Hybrid Sustainable materials and elegant design creates functional piece of art Starck’s environmental ethos influences progressive collaboration Bentayga Hybrid is Bentley’s first step towards an electric future CREWE, 08-Mar-2018 — /EuropaWire/ — Bentley … Read the full press release

ENGIE and the CEA (French Alternative Energies and Atomic Energy Commission) extend cooperation in the nuclear energy field

Isabelle Kocher, CEO of the ENGIE group, and Daniel Verwaerde, Administrator General of the CEA (the French Alternative Energies and Atomic Energy Commission), have signed up to continue their Research and Development agreement in the nuclear energy field. La Défense, … Read the full press release

ENGIE and SUEZ to develop photovoltaic solar parks in all Recycling & Recovery waste storage facilities in mainland France

ENGIE and SUEZ commit to boosting the energy transition of French regions through a partnership to develop photovoltaic solar parks in all Recycling & Recovery waste storage facilities in mainland France. In total, about 100 sites are concerned, with an … Read the full press release

EBRD to provide EUR 25.9 million to Ukraine’s leading engineering, procurement and construction firm KNESS Group for three solar plants in western Ukraine

KNESS Group to open three solar plants with total capacity of 33.9 MW LONDON, 06-Mar-2018 — /EuropaWire/ — The EBRD is contributing to Ukraine’s energy security by pledging new funds for the development of alternative power generation. The latest project under the … Read the full press release

Vattenfall plans to invest EUR 100 million in developing new solar power plants during 2018-2019

Vattenfall plans to invest SEK 1 billion (EUR 100 million) in large-scale solar energy generation over the next two years. In addition, Vattenfall also provides small-scale solar solutions for customers. The investments support Vattenfall’s objective to become fossil-free within a … Read the full press release

MYTILINEOS with several awards at the Hellenic Responsible Business Awards 2018

Corporate Social Responsibility and Sustainable Development Initiatives ATHENS, 05-Mar-2018 — /EuropaWire/ — The Corporate Social Responsibility and Sustainable Development initiatives of MYTILINEOS won top distinctions for yet another year, in recognition of their very high level and direct impact on society. … Read the full press release

Eni and the Food and Agriculture Organization (FAO) to foster access to safe and clean water in Nigeria

This is the first initiative promoted in the FAO – Eni collaboration. Within this project, FAO will provide support in identifying the areas of intervention for the wells as well as technical expertise and know-how in the targeted areas, whereas … Read the full press release

Schuster Manfred Hubert agrees with future oil predictions

Oil and Energy BEIJING, China, 01-Mar-2018 — /EuropaWire/ — Crude oil prices will average $60/b in 2018 and $61/b in 2019. That’s an increase from last month’s Short-Term Energy Outlook by the U.S. Energy Information Administration. In January 2018, oil prices briefly hit $70/b. In … Read the full press release

Neste signs new distribution agreement for its premium-grade NEXBASE(TM) Group III base oils in Greater China

ESPOO, 23-Feb-2018 — /EuropaWire/ — Neste has signed a new distribution agreement concerning its premium-grade NEXBASE(TM) Group III base oils in Greater China with Brenntag (Shanghai) Enterprise Management Company Limited. Brenntag will start distributing Neste’s base oils in Greater China from 1 … Read the full press release

Wärtsilä will provide additional generating capacity to the local electricity grid on Azores Islands

HELSINKI, 22-Feb-2018 — /EuropaWire/ — The technology group Wärtsilä will provide additional generating capacity to the local electricity grid in the Portuguese administered Azores Islands. A new 10 MW extension to the existing Belo Jardim power plant on the island of … Read the full press release

Wärtsilä and Saudi Arabia-based Najran Cement Company renew the three-year asset management agreement for Najran’s installations in Sultana and Akfah in Saudi Arabia

HELSINKI, 22-Feb-2018 — /EuropaWire/ — The technology group Wärtsilä and Saudi Arabia-based Najran Cement Company continue their co-operation by renewing the three-year asset management agreement for Najran Cement Company’s installations in Sultana and Akfah in Saudi Arabia. Wärtsilä will continue to ensure … Read the full press release

Iberdrola agreed to convene the company’s 2018 Annual General Meeting (AGM) for 13th of April

Shareholders will vote on the execution of two new capital increases. This means they may choose between receiving their dividend in cash or as fully paid-up shares through the new ‘Iberdrola Flexible Remuneration’ Programme Bilbao, Spain, 22-Feb-2018 — /EuropaWire/ — During today’s … Read the full press release

Iberdrola receives the Stadium Cup award for its special contribution to promoting sports activities

The company has received the Stadium Cup, an annual award for the person or organisation that has made a special contribution to promoting sports activities  Iberdrola supports 15 national federations striving to promote and increase the participation of women in … Read the full press release

Iberdrola’s plans for 2018-2022: Ebitda will be between €11.5 billion and €12 billion at the end of the period

Bilbao, Spain, 22-Feb-2018 — /EuropaWire/ — Ignacio Galán, the group’s Chairman, said: “Overall, the plan we are presenting today is fully consistent with our strategy over recent years, while seizing the opportunities provided by the new digital environment. In essence, it is … Read the full press release

Jan De Nul Group: The first Gravity Based Foundation for Kriegers Flak offshore wind farm installed in Denmark

Aalst, Belgium, 20-Feb-2018 — /EuropaWire/ — This weekend, the first Gravity Based Foundation for the offshore wind farm Kriegers Flak was installed in Denmark, another milestone in this project. It concerns a 8,000 tonnes GBF which was floated off the … Read the full press release