Category Archives: Energy, Gas & Oil

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

Nordic Investment Bank (NIB) starts disclosing its purchases of green bonds

HELSINKI, 27-Dec-2016 — /EuropaWire/ — NIB starts disclosing its purchases of green bonds. First eight transactions have been published on the Bank’s website. Information on purchases made so far is available on this page. This page has been established in the … Read the full press release

NIB to co-finance advanced metering system and upgrades to the electricity networks in Nord-Trøndelag County, Norway

NIB has signed a 15-year loan agreement with NTE (Nord-Trøndelag Elektrisitetsverk Holding AS) to co-finance the roll-out of an advanced metering system (AMS) and upgrades to the electricity networks in Nord-Trøndelag County, Norway. HELSINKI, 27-Dec-2016 — /EuropaWire/ — NTE will install … Read the full press release

National Grid Hinckley’s Sue honoured for her volunteer maths work with Hinckley school children

Fun and games in the maths class Pioneering numeracy scheme helps pupils                                                          … Read the full press release

DONG Energy to sell 50% of Race Bank UK offshore wind farm project to Macquarie European Infrastructure Fund 5 and Macquarie Capital

FREDERICIA, Denmark, 21-Dec-2016 — /EuropaWire/ — DONG Energy has entered into an agreement to sell 50% of Race Bank, a 573 megawatt (MW) UK offshore wind farm project, to Macquarie European Infrastructure Fund 5 and Macquarie Capital, the principal investment arm of … Read the full press release

Weihnachtskisten: Mitarbeiter von ASEAG, E.V.A., regio iT und STAWAG sammeln für Aachener Tafel

SIMMERATH, 20-Dec-2016 — /EuropaWire/ — Viele Mitarbeiterinnen und Mitarbeiter im E.V.A.-Konzern engagieren sich ehrenamtlich im Privaten. Dies war Grund, weshalb aus den Konzern-Belegschaften der Wunsch entstand, eine gemeinsame Aktion zugunsten sozial benachteiligter Menschen in dieser Stadt umzusetzen. So sammelten die Mitarbeiterinnen … Read the full press release

Shell divested 31.2% shareholding in Showa Shell Sekiyu K.K. to Idemitsu Kosan Co. Ltd. for US$1.4 billion

Shell has completed the sale of a 31.2% shareholding in Showa Shell Sekiyu K.K. to Idemitsu Kosan Co. Ltd. for a total amount of JPY159 billion (approximately US$1.4 billion). Completion follows anti-trust approval from the Japan Fair Trade Commission. THE … Read the full press release

Shell Aviation Australia Pty Ltd acquired by Viva Energy Australia Pty Ltd for $250 million USD

Shell has signed an agreement with Viva Energy Australia Pty Ltd (“Viva Energy”) for the sale of Shell Aviation Australia Pty Ltd for a total transaction value of approximately $250 million USD. It follows the sale of Shell’s other downstream … Read the full press release

Berwin Leighton Paisner advises Golden Square Energy on sale of FiT Wind Portfolio to Pension Infrastructure Platform

LONDON, 16-Dec-2016 — /EuropaWire/ — International law firm Berwin Leighton Paisner (BLP) has advised Golden Square Energy (GSE) on the c. £93m sale of its FiT Wind Portfolio to the Pension Infrastructure Platform (PiP). The portfolio of 31 assets, with a … Read the full press release

PKN ORLEN announces new cooperation with NIOC with the acquisition of 1 million barrels of Iranian Light oil

PKN ORLEN has purchased 1 million barrels of Iranian Light oil. It will be delivered to Naftoport in Gdańsk in January, to be then transported to the PKN ORLEN refinery in Płock.  Płock, Poland, 15-Dec-2016 — /EuropaWire/ — The newly initiated … Read the full press release

Vallourec announces the completion of Value 16 capital increase reserved for employees worldwide

Vallourec announces the completion of Value 16, a capital increase reserved for employees worldwide. Boulogne-Billancourt (France), 15-Dec-2016 — /EuropaWire/ — Vallourec today announces the completion of Value 16, a capital increase reserved for employees worldwide. Close to 10,000 employees, in … Read the full press release

British Gas’ Home Energy Report 2016 reveal that adoption of 4K TVs likely to increase energy bills for the first time since 2011

New British Gas research shows mainstream adoption of 4K TVs will result in the first increase in energy consumption by TVs for five years 4K TVs shown to use a third more energy than HD TVs, with UK consumers predicted … Read the full press release

DNV GL announces the retirement of Dr Andrew Garrad

Dr Andrew Garrad, the co-founder of Garrad Hassan, has announced he will retire from DNV GL on 23 December 2016. ARNHEM, the Netherlands, 14-Dec-2016 — /EuropaWire/ — Following the merger between DNV and GL Garrad Hassan two years ago, Andrew … Read the full press release

ENGIE announces Kuwait’s first independent power and water facility now in full commercial operations

The power and treated water produced from the plant will be entirely supplied to the country’s national power and water grid, operated by the Kuwait Ministry of Electricity and Water under a 40-year long-term Energy Conversion and Water Purchase Agreement. … Read the full press release

Rosneft buys 30% participating interest in Shourouk Concession, offshore Egypt from Eni

San Donato Milanese (Milan), 14-Dec-2016 — /EuropaWire/ — The agreed conditions include a consideration of 1,125 million US dollars and the pro quota reimbursement of past expenditures, which amount so far at approximately 450 million US dollars. In addition, Rosneft … Read the full press release

Intesa Sanpaolo to loan EUR750m for the construction of natural gas liquefaction plant in Siberia

• Two credit lines have been issued with a duration of approximately 15 years, respectively amounting to 400 and 350 million and guaranteed by the export credit agencies SACE and COFACE • The deal signed with SACE will support a pool of … Read the full press release

RWE Power on 13th amendment to Nuclear Energy Act: With today’s decision by the highest German court we have gained certainty for our company

Certainty for companies and owners COLOGNE, 09-Dec-2016 — /EuropaWire/ — In its decision today, the German Federal Constitutional Court determined that the constitutional complaint filed by RWE Power AG against the 13th amendment to the German Nuclear Energy Act was partly … Read the full press release

ENGIE and Statoil to renegotiate their long-term gas supply contracts

PARIS, 06-Dec-2016 — /EuropaWire/ — On November 30, ENGIE and Statoil have reached an agreement on the renegotiation of their long-term gas supply contracts. This agreement consists in a modernization of historical contracts to adapt them to a profound evolution of … Read the full press release

EBRD to announce new €400m financing package for small-scale renewable energy and resource efficiency projects in Turkey

LONDON, 06-Dec-2016 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) will announce a new €400 million financing package for small-scale renewable energy and resource efficiency projects in Turkey in a Sustainable Energy Excellence Awards Ceremony on 7 … Read the full press release

University of Exeter Professor Lars Johanning to lead collaborative sustainable energy research with colleagues from China

EXETER, UK, 30-Nov-2016 — /EuropaWire/ — One of the world’s leading Renewable Energy experts has received a prestigious international award, in recognition to his ground-breaking research into ocean energy and technology. Professor Lars Johanning, Professor of Ocean Technology at the University … Read the full press release

Tunis: Eni signs with Entreprise Tunisienne d’Activités Pétrolières (ETAP) for generating energy from renewable sources

Eni signed today in Tunis a cooperation agreement for the development of projects generating energy from renewable sources. The agreement strengthens the relations between Eni and ETAP, facilitates the development of new business opportunities and contributes to the energy development … Read the full press release