Category Archives: Energy, Gas & Oil

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

EU Must Strengthen Power Grids to Electrify Heavy-Duty Transport, Say ACEA and Eurelectric

(IN BRIEF) As Europe pushes to electrify heavy-duty road transport, ACEA and Eurelectric warn that grid limitations, permitting delays, and regulatory hurdles are slowing the deployment of charging infrastructure for zero-emission trucks and buses. In a new joint paper, the … Read the full press release

Terna to Enhance Power Grid in Syracuse and Catania with €20M Underground Cable Project

(IN BRIEF) Terna has initiated public consultation on a €20 million project to install a 150 kV underground cable between Augusta and Augusta 2 in Sicily, aiming to improve grid reliability and efficiency. The new infrastructure will replace 52 km … Read the full press release

ABL to Oversee Marine Warranty for Scotland’s 1.1 GW Inch Cape Offshore Wind Project

(IN BRIEF) ABL has been appointed as marine warranty surveyor for the Inch Cape Offshore Wind Farm, a 1.1 GW offshore wind project off the coast of Scotland. The consultancy will manage marine assurance for the transport and installation of … Read the full press release

NORMA Group Secures Four-Year Contract to Supply Electrofusion Fittings for UK Gas Network Overhaul

(IN BRIEF) NORMA Group, through its Indian subsidiary Kimplas, has signed a four-year contract with Northern Gas Networks to supply over 280,000 electrofusion fittings annually for the modernization of the gas distribution network in northern England. These fittings, essential for … Read the full press release

Vonovia Strengthens Supervisory Board with Financial and Energy Experts Ahead of AGM

(IN BRIEF) Vonovia SE will propose Michael Rüdiger and Dr Marcus Schenck for election to its Supervisory Board at the 2025 Annual General Meeting, replacing Dr Ute Geipel-Faber and Hildegard Müller. Both nominees bring decades of leadership in the financial … Read the full press release

bp Announces Oil Discovery at Far South Prospect as Gulf of America Becomes Key Growth Area

(IN BRIEF) bp has announced a new oil discovery at the Far South prospect in the deepwater Gulf of America. Located in Green Canyon Block 584, about 120 miles off Louisiana’s coast, the exploration well—drilled to a depth of 23,830 … Read the full press release

Repsol Begins Power Generation at Antofagasta Phase 1 Wind Farm, Chile’s New Renewable Giant

(IN BRIEF) Repsol has begun power production at Antofagasta Phase 1, its largest wind farm and one of Chile’s most significant renewable energy projects. Located in Taltal, the 364 MW facility required nearly €400 million in investment and will soon … Read the full press release

New EBRD Facility Supports Ukraine’s Energy Security and War Recovery Through Loans and Grants to Businesses and Households

(IN BRIEF) The EBRD has extended a portfolio-risk-sharing facility to Raiffeisen Bank Ukraine to unlock €100 million in investments supporting Ukraine’s energy security. As the fourth Ukrainian bank to join the EBRD’s Energy Security Support Facility, RBU will issue loans … Read the full press release

Eni and KKR Finalize Deal; KKR Boosts Enilive Stake to 30% with €601 Million Transaction

(IN BRIEF) Eni and KKR have completed the agreed transaction, with KKR purchasing additional Enilive shares from Eni for about 601 million euros to acquire a further 5% stake, bringing its total shareholding in Enilive to 30%. The deal sets … Read the full press release

EIB and EIF Unveil €3.6 Billion Financing Package to Boost Clean Transport, Energy, and Automotive Innovation

(IN BRIEF) The European Investment Bank (EIB) and the European Investment Fund (EIF) have approved new financing initiatives aimed at bolstering clean transport, energy, and innovation projects, as well as enhancing water and sanitation infrastructure in Africa with a total … Read the full press release

Carl-Zeiss-Stiftung Funds “Quantum Chemistry without Orbitals” to Revolutionize Molecular Energy Predictions

(IN BRIEF) At Heidelberg University, an interdisciplinary research project titled “Quantum Chemistry without Orbitals” is underway, funded by over 745,000 euros from the Carl-Zeiss-Stiftung over a two-year period. The project aims to predict the kinetic energy of electrons in molecules … Read the full press release

RWE Breaks Ground on 13.9 MW Photovoltaic Plant at Hambach with Over 22,000 Solar Modules

(IN BRIEF) RWE has initiated construction of a new photovoltaic plant near Niederzier in North Rhine-Westphalia at the Hambach opencast mine. Covering 12 hectares, the plant will feature over 22,000 solar modules and generate up to 13.9 MW peak (12 … Read the full press release

MAN Accelerates Transformation with Expanded Battery Production for Electric Commercial Vehicles at Nuremberg

(IN BRIEF) MAN Truck & Bus has officially launched battery production at its Nuremberg site, expanding investment from 100 million to approximately 250 million euros. This phase enhances the facility’s capabilities by producing complete battery packs as well as individual … Read the full press release

NWO Awards Over €7.7 Million to Propel TU/e-Led Digital Innovations in Energy Renovation for the Built Environment

(IN BRIEF) The press release announces that the NWO has allocated over 7.7 million euros for four projects aimed at digitizing energy renovation efforts in the built environment. A primary focus of these projects, especially the DPARt project coordinated by … Read the full press release

EnBW Commissioning of H₂-Ready Fuel-Switch Power Plant in Stuttgart-Münster Accelerates Energy Transition

(IN BRIEF) EnBW has taken a major stride in its decarbonization journey by commissioning a new H₂-ready fuel-switch power plant at its Stuttgart-Münster site. This power plant replaces older coal-fired components with a modern, natural gas-fired gas turbine facility capable … Read the full press release

Schneider Electric Returns as Title Sponsor of Marathon de Paris, Championing Sustainability and Inclusive Athleticism

(IN BRIEF) Schneider Electric is once again taking the lead as the title sponsor of the Marathon de Paris, which will take place on April 13 and attract over 55,000 participants globally, including 6,000 associated with the company. The event … Read the full press release

Solaris Secures €100M+ Contracts to Supply 170 Zero-Emission Buses in Sweden

(IN BRIEF) Solaris has announced two major contracts in Sweden for the delivery of 170 electric buses, with a total contract value exceeding €100 million. The orders include 89 units from Nobina Sverige AB, expanding services in Stockholm with the … Read the full press release

Juwi Transfers 50.5 MW Photovoltaic Portfolio in Northern Italy to Kelag Italia, Boosting Renewable Capacity

(IN BRIEF) Juwi Energie Rinnovabili S.r.l. has completed the sale of a portfolio of 8 photovoltaic projects, with an aggregate installed capacity of approximately 50.5 MW, to Kelag Italia S.r.l. These projects, located in Northern Italy, are part of JUWI’s … Read the full press release

Scania Acquires Northvolt Systems Industrial Division to Enhance Battery Solutions and Accelerate Off‑Road Electrification

(IN BRIEF) Scania has completed its acquisition of the Industrial Division of Northvolt Systems, which enhances its electrification solutions for off‑road applications. The deal, involving the takeover of production assets, an R&D center, and around 260 employees in Gdańsk, Poland, … Read the full press release

BP Provides Q1 2025 Guidance Amid Mixed Upstream Performance and Shifting Trading Conditions

(IN BRIEF) BP p.l.c. has issued a Trading Statement outlining its current estimates and expectations for the first quarter of 2025, with insights into the economic environment and group performance. The statement clarifies that while it provides key guidance, it … Read the full press release