Category Archives: Energy, Gas & Oil

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

Neste: Vehicles that use renewable diesel cause considerably less carbon emissions than fossil diesel

HELSINKI, 30-Jun-2016 — /EuropaWire/ — Instantly smaller carbon footprint Considering emissions throughout the entire fuel life cycle, vehicles that use renewable diesel cause considerably less carbon emissions than fossil diesel. The progressive and ambitious City of San Francisco, for example, has … Read the full press release

Neste reveals its future product concept for renewable high-tech workspace called GreenPod

Neste’s prototype for renewable high-tech workspace to be developed next year? HELSINKI, 30-Jun-2016 — /EuropaWire/ — What if you could take your work to an inspiring public place and still enjoy the privacy and connections of your office? Neste, the world’s … Read the full press release

Wärtsilä signs major contract to supply 161 MW Flexicycle power plant to Yamama Cement Company in Saudi Arabia

HELSINKI, 29-Jun-2016 — /EuropaWire/ — Wärtsilä has signed a major contract to supply a 161 MW Flexicycle (combined cycle) power plant to Yamama Cement Company in Saudi Arabia. Wärtsilä will deliver a full EPC (Engineering, Procurement & Construction) project. In addition … Read the full press release

Wärtsilä expands its existing global Hydro and Industrial service offering with the acquisition of Weir American Hydro

HELSINKI, 28-Jun-2016 — /EuropaWire/ — Wärtsilä, a global leader in complete lifecycle solutions for the marine and energy markets, announces that it has acquired the USA and Canada based company Weir American Hydro from the Weir Group plc. Ownership of the … Read the full press release

Ukrgasvydobuvannya earned additional 11 million UAH on Ukrainian Energy Exchange

KYIV, 24-Jun-2016 — /EuropaWire/ — On Thursday, 23rd June 2016 on the trading floor of CE “Ukrainian Energy Exchange” an exchange auction was held for the sale of liquefied gas for the domestic market, production of PJSC “Ukrgasvydobuvannya”. In the … Read the full press release

​DONG Energy to build O&M facility in Kings Wharf, Seacombe

DONG Energy, the global leader in offshore wind, will build a new operations and maintenance (O&M) facility in Kings Wharf, Seacombe to serve its two offshore wind farms in the area.  LIVERPOOL, 23-Jun-2016 — /EuropaWire/ — The facility will consist of … Read the full press release

Avedøre Power Station one step closer to using wood pellets instead of coal

​The installation of a huge air cooler is an important step in the conversion of the power station. Fredericia, Denmark, 21-Jun-2016 — /EuropaWire/ — Unit 1 at Avedøre Power Station is one step closer to using wood pellets instead of coal. … Read the full press release

PwC announces the appointment of Niloufar Molavi as its new global energy (oil and gas) leader

Niloufar to lead 6,000-strong global team of energy specialists operating worldwide A key driver of PwC US’s diversity programme, Niloufar now leads a team that includes six female energy leaders across PwC network Implications of energy transformation will be profound … Read the full press release

Dr. Norbert Menke succeeds Holger Hanson as First Vice-Chairman of the Supervisory Board of VNG – Verbundnetz Gas Aktiengesellschaft (VNG AG)

Dr. Norbert Menke succeeds Holger Hanson LEIPZIG, 21-Jun-2016 — /EuropaWire/ — At today’s (June 16, 2016) meeting of the Supervisory Board of VNG – Verbundnetz Gas Aktiengesellschaft (VNG AG), Dr. Norbert Menke, Speaker of the Management Board of Leipziger Stadtholding, was … Read the full press release

Amprion plant im laufenden Geschäftsjahr knapp 550 Mio. Euro in die Erweiterung und Erneuerung seines Netzes zu investieren

Um den Netzausbau zu beschleunigen, erhöht Amprion planmäßig die Investitionen und setzt auf Technik, Transparenz der Planungen sowie Teilhabe der Bürger. Im vergangenen Jahr informierte Amprion bei mehr als 500 Veranstaltungen über geplante Leitungs- und Anlagenprojekte. Mit 474 Mio. Euro … Read the full press release

Sovcomflot and Gazprom Neft sign MoU for the supply of marine lubricants

Saint Petersburg, Russia, 20-Jun-2016 — /EuropaWire/ — As part of the Saint Petersburg International Economic Forum, Sovcomflot and Gazprom Neft have entered into a Memorandum of Understanding (MOU) for the supply of marine lubricants. The MOU document was signed by Sergey … Read the full press release

PAO Sovcomflot (SCF Group) and VTB Bank sign USD 260 million 13-year loan agreement to finance Arctic LNG tanker for the Yamal LNG project

Saint Petersburg, Russia, 20-Jun-2016 — /EuropaWire/ — On 17 June 2016, as part of the 20th International Economic Forum in Saint Petersburg, PAO Sovcomflot (“SCF Group”) and VTB Bank signed a USD 260 million 13-year loan agreement. The signatories were Sergey … Read the full press release

LOTOS Oil products meet the quality assurance criteria and standards required for the armed forces of NATO member countries

Gdańsk, Poland, 17-Jun-2016 — /EuropaWire/ — For nearly twenty years, LOTOS Oil has supplied lubricants to Polish armed forces of various kinds. It has been ten years since the quality management system in place at LOTOS Oil successfully underwent the AQAP … Read the full press release

Ukrainian oil products fell in price against the background of global trends – Ukrainian Energy Exchange

KYIV, 15-Jun-2016 — /EuropaWire/ — On Tuesday, June 14, 2016 on the electronic trading platform of CE “Ukrainian Energy Exchange” were held spot trading of petroleum products produced by PJSC “UkrGasVydobuvannya” on the domestic market № UGV-22. 8 485 tons … Read the full press release

Maintpartner Sweden to deliver floodgates for the hydropower plant in Hyltebruk, Sweden

Espoo, Finland, 14-Jun-2016 — /EuropaWire/ — Maintpartner Sweden has signed a major agreement with Statkraft concerning delivery of floodgates. The floodgates will be installed in the hydropower plant in Hyltebruk, Sweden, during the years 2017 and 2018. – It is a … Read the full press release

Hyundai Mipo Dockyard (HMD) design for 6,600 m3 LNG bunker vessel received Approval in Principle (AiP) from Lloyd’s Register (LR)

HMD design for 6,600 cubic metre (m3) vessel based on Zeebrugge LNG terminal requirements has received approval in principle (AiP)  through LR’s Busan Technical Support Office New design is a vital next step in supporting capability for a global marine … Read the full press release

Höegh LNG discloses issuance of shares to its Directors as part remuneration

OSLO, 13-Jun-2016 — /EuropaWire/ — Reference is made to the stock exchange notice dated 26 May 2016 and the Annual General Meeting of Höegh LNG Holdings Ltd. (the “Company) held 26 May 2016 and a subsequent Board Meeting approving the issuance … Read the full press release

Expro awarded RoSPA President’s Award 2016 for its commitment to the highest standards of health and safety management

Reading, Englan, 10-Jun-2016 — /EuropaWire/ — Leading international oilfield services company, Expro, has been awarded the President’s Award following 12 consecutive Gold Awards in the RoSPA (Royal Society for the Prevention of Accidents) Occupational Health and Safety Awards 2016. This is … Read the full press release

International oilfield services company Expro FY 2016: revenue of $909.1m and adjusted operating profit of $223.5m

Revenue was $909.1m, down 30% on the prior fiscal year (2015: $1,307.1m) Adjusted EBITDA(2) down 32% to $223.5m (2015: $326.7m) Adjusted EBITDA margin remained stable year on year, at 24.6% (2015: 25%) Expro outperformed most major peers in terms of … Read the full press release

PKN ORLEN completes EUR 750m Eurobonds issue

Płock, Poland, 09-Jun-2016 — /EuropaWire/ — PKN ORLEN has completed the EUR 750m Eurobonds issue. The Company’s debt securities with an annual coupon of 2.5% have been ranked high by Fitch Ratings (BBB-) and by Moody’s Investors (Baa3). The issue of … Read the full press release