Category Archives: Energy, Gas & Oil

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

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

Eni to sell 10% stake in the supergiant gas field Zohr to BP

Eni has agreed to sell to BP a 10% participating interest in the Shorouk Concession, offshore Egypt, where the supergiant gas field Zohr is located. The deal was struck for 375 million USD and a 150 million USD pro-quota reimbursement … Read the full press release

Petrol’s subsidiary IGES to dispose an Interest in GEN-I d.o.o.

LJUBLJANA, 29-Nov-2016 — /EuropaWire/ — Following the fulfilment of suspensive conditions, IGES d.o.o., a subsidiary of Petrol d.d., Ljubljana, has completed the disposal of its interest in GEN-I, d.o.o.  The buyer is GEN-EL d.o.o.; the amount EUR 45,100,000.00. IGES d.o.o. is … Read the full press release

RG Vanderweil Engineers, Ramboll to conduct low carbon energy supply study for Cambridge city

Together with US based RG Vanderweil Engineers, Ramboll will conduct a low carbon energy supply study for the city of Cambridge and strengthen the ties to the US mark COPENHAGEN, 28-Nov-2016 — /EuropaWire/ — The City of Cambridge located north … Read the full press release

LEGO Group: Burbo Bank Extension Offshore Wind Farm begins generating electricity

Electricity has been generated for the first time from the Burbo Bank Extension Offshore Wind Farm. The wind farm will help the LEGO Group reach its goal of balancing its energy consumption with production of renewable energy by 2020. BILLUND, … Read the full press release

German universities form Geothermal Alliance Bavaria (GAB) to study the utilisation of geothermal energy

Geothermal Alliance Bavaria: Three universities team up to study the utilisation of geothermal energy MUNICH, 24-Nov-2016 — /EuropaWire/ — Temperatures in the Earth’s interior reach thousands of degrees Celsius. Geothermal technology makes use of this energy. It has enormous potential particularly … Read the full press release

PGNiG’s gas production in Pakistan now exceeds 0,5 mcm per day

WARSZAWA, 22-Nov-2016 — /EuropaWire/ — Polish Oil and Gas Company (PGNiG SA) started gas production from Rizq deposit and drilling of another well in Rehman deposit. The company’s gas production in Pakistan exceeded 0,5 mcm per day. PGNiG extracts over 300 … Read the full press release

University of Birmingham, Chinese Academy of Sciences (CAS) form joint centre for mechanical energy storage technologies

BIRMINGHAM, 18-Nov-2016 — /EuropaWire/ — The University of Birmingham has signed an agreement with the Institute of Engineering Thermophysics (IET) of Chinese Academy of Sciences (CAS) to form a joint centre for mechanical energy storage technologies. The agreement marks the start of … Read the full press release

US Supreme Court: Archangel Diamond Corporation (ADC) Liquidation Trust’s case against LUKOIL could not be pursued in the United States

MOSCOW, 18-Nov-2016 — /EuropaWire/ — The United States Supreme Court became the seventh separate court to agree with PJSC LUKOIL that Archangel Diamond Corporation (ADC) Liquidation Trust’s case against LUKOIL could not be pursued in the United States. By this decision … Read the full press release

AREVA and EDF sign for the sale of AREVA NP activities

PARIS, 17-Nov-2016 — /EuropaWire/ — Following the memorandum of understanding signed on 28 July 2016, AREVA and EDF signed on 15 November the contract setting the terms of the sale of an interest conferring exclusive control by EDF of an entity (“NEW … Read the full press release

Aalborg University: CORPE accelerates transition to more renewable energy by developing necessary cheap and reliable power electronics

Key persons from companies in Japan, China, Germany, Italy and Sweden were in attendance when one of the major ventures in Danish energy research presented its first five years of results and future partnering opportunities at Aalborg University. AALBORG, 17-Nov-2016 … Read the full press release