Category Archives: Energy, Gas & Oil

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

Terna’s CEO Matteo Del Fante: 2015 results confirm the trend of solid growth of the Terna Group

Revenues at 2,082.1 million euro (+4.3%) EBITDA at 1,539.2 million euro (+3.2%) Group’s Net Income at 595.5 million euro (+9.4%) ROME, 23-Mar-2016 — /EuropaWire/ — Proposed dividend for 2015 of 20 euro cents per share (of which 7 cents already paid … Read the full press release

Exceptionally strong Y2015 results for Sovcomflot (SCF Group)

2015 Audited Financial Results (Year to 31 December)  MOSCOW, 22-Mar-2016 — /EuropaWire/ — Effective strategy, balanced chartering policy, excellent technical performance, together with positive freight market dynamics deliver exceptionally strong Y2015 results for Sovcomflot 2015 Highlights: Gross revenue increased by 7.6 … Read the full press release

NORMA Group to provide NORMAPLAST hose connectors and screw-in connectors for solar-powered sterilization device prototype

Maintal/Kassel, Germany, 22-Mar-2016 — /EuropaWire/ — NORMA Group, a global market leader in engineered joining technology, will be providing NORMAPLAST hose connectors and screw-in connectors for the prototype of a solar-powered sterilization device for use in developing countries. The LifeShift Sterilizer, … Read the full press release

Snam Ordinary Shareholders Meeting will be held on 27 April 2016

San Donato Milanese, 18-Mar-2016 — /EuropaWire/ — Snam’s Board of Directors, which met yesterday under the chairmanship of Lorenzo Bini Smaghi, has called the Ordinary Shareholders Meeting, in a single call, on 27 April 2016. The items on the agenda include … Read the full press release

Snam S.p.A. reports 2.3% increase of its revenue in 2015

San Donato Milanese, 18-Mar-2016 — /EuropaWire/ —  The Snam Board of Directors, chaired by Lorenzo Bini Smaghi, met yesterday to approve the consolidated Group financial statements and the draft financial statements of the parent company, Snam S.p.A, for 2015, showing … Read the full press release

NIB signs loan agreement with Kilpilahti Power Plant Ltd. to refurbish combined heat and power plant in Porvoo, Finland

NIB has signed a long-term loan agreement totalling EUR 80 million with Kilpilahti Power Plant Ltd. for the refurbishment of the combined heat and power plant (CHP) in the Kilpilahti industrial area in the town of Porvoo, Finland. HELSINKI, 17-Mar-2016 … Read the full press release

British Gas announces the launch of its latest innovation in the home ‘Boiler IQ’

New ‘Boiler IQ’ technology remotely identifies and reports faults, potentially alerting an engineer even before the boiler stops working WINDSOR, 16-Mar-2016 — /EuropaWire/ — British Gas, the UK’s leading energy and home services provider, has announced the launch of its latest … Read the full press release

Bouygues Construction delivered 132 MWc solar farm in the Philippines; the largest in South-East Asia

Bouygues Energies & Services, BYME and VSL, all subsidiaries of Bouygues Construction, have delivered the largest solar farm in South-East Asia, with total output of 132 MWc, on Negros Island in the Philippines. Negros, Philippines, 14-Mar-2016 — /EuropaWire/ — Helios Solar … Read the full press release

ENGIE now with 1,533 MW of installed capacity in France

With the acquisition of MAÏA EOLIS, ENGIE has strengthened its position as France’s Nº1 in wind power, with 1,533 MW of installed capacity. PARIS, 11-Mar-2016 — /EuropaWire/ — ENGIE acquires the remaining 51% of MAÏA EOLIS, company specialized in the development, … Read the full press release

Centrica plc: We have provided strong evidence to the CMA that the UK energy supply market is competitive and achieving positive outcomes for consumers

LONDON, 11-Mar-2016 — /EuropaWire/ — Centrica plc notes the publication today of the Provisional Decision on Remedies by the Competition and Markets Authority (CMA), in relation to its investigation into the UK energy market. Centrica has contributed constructively to what has … Read the full press release

RWE Group: Net debt down almost one-fifth to €25.1 billion in FY 2015

Net debt down almost one fifth Result for Renewables Division more than doubles Conventional power generation still under pressure Lower result expected for 2016 Proposal to suspend dividend for holders of common shares a hard but necessary measure ESSEN, 11-Mar-2016 … Read the full press release

DNV GL kickstarts joint industry project to standardize subsea processing systems

A joint industry project (JIP) to standardize subsea processing systems has been kickstarted by DNV GL with industry partners Petrobras, Shell, Statoil and Woodside. Subsea development projects have been under substantial pressure due to cost inflation and the low oil … Read the full press release

Rosneft starts drilling exploration well at offshore Vietnam

MOSCOW, 09-Mar-2016 — /EuropaWire/ — Rosneft Vietnam B.V., a company of Rosneft group, has started drilling exploration well PLDD-1X at Block 06.1 located offshore Vietnam. For the first time Rosneft is operating a drilling project, in International waters confirming the Company’s … Read the full press release

E.ON’s 2015 operating results in line with expectations

Dividend proposal of €0.50 per share confirmed EBITDA of €7.6 billion at upper end of forecast range, underlying net income at €1.6 billion Substantial net loss due to significant impairment charges Economic net debt reduced by €5.7 billion Full-year 2016 … Read the full press release

Karl-Ludwig Kley to succeed Werner Wenning as E.ON Supervisory Board Chairman

Werner Wenning to step down as Supervisory Board Chairman after the Annual General Meeting, Karl-Ludwig Kley proposed as successor Düsseldorf, 09-Mar-2016 — /EuropaWire/ — The Supervisory Board Chairman of E.ON SE, Werner Wenning, will end his service at the end of … Read the full press release

ENGIE signs MoU with Gas Natural Atlántico to supply LNG at Costa Norte LNG Terminal in Panama

PARIS, 07-Mar-2016 — /EuropaWire/ — ENGIE announces the signature of a binding Memorandum of Understanding with Gas Natural Atlántico, under which ENGIE will supply up to 400,000 tonnes of LNG per year from 2018 on a 10-year period at Costa Norte … Read the full press release

ENGIE wins 40 MW solar power project in Peru

PARIS, 07-Mar-2016 — /EuropaWire/ — Through its subsidiaries Enersur and Solairedirect, ENGIE has won a 40 MW solar power project, part of the 4th nationwide call for tenders launched in Peru and involving a total of 185 MW capacity. This performance, … Read the full press release

Eni and Kogas open three new generation plants for the oil, gas and water treatment in the Zubair field, Southern Iraq

Eni and Kogas have introduced today, in the presence of H.E. the Deputy Minister of Oil Fayadh Hassan Nima and other representatives of the Iraqi government, three new generation plants for the oil, gas and water treatment (Initial Production Facilities) … Read the full press release

Vestas to supply 15 V112-3.45 MW wind turbines to Hamnefjell Wind Farm in Norway

Hamnefjell Vindkraft AS, a joint venture by Finnmark Kraft AS and private investment company Ardian, has placed a 52 MW firm and unconditional order for 15 Vestas V112-3.45 MW wind turbines. Aarhus, Denmark, 02-Mar-2016 — /EuropaWire/ — All turbines will feature … Read the full press release

Availon Holding GmbH now part of Vestas’ financials following its acquisition

Aarhus, Denmark, 02-Mar-2016 — /EuropaWire/ — Final closing of the acquisition of Availon Holding GmbH has now taken place. Following the approval from all relevant authorities, Vestas has today, as expected, completed the acquisition of Availon Holding GmbH, a leading European … Read the full press release