Category Archives: Energy, Gas & Oil

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

Euronest Parliamentary Assembly in Armenia: boost cooperation with EU’s eastern neighbourhood countries to reduce both parties’ energy dependence on Russia

The EU’s new eastern partnership policy should boost cooperation with its eastern neighbourhood countries to reduce both parties’ energy dependence on Russia, said MEPs and MPs from eastern partnership countries at the fourth Euronest Parliamentary Assembly, which closed in Yerevan, … Read the full press release

Vattenfall: Volvo made plug-in hybrid bus service of the future starts with route 73 in Stockholm with 75% lower fuel consumption vs diesel-driven buses

The future is now. The bus service of the future starts today with route 73 in Stockholm, and the buses are a completely new type of plug-in hybrid. They can be rapid charged at terminuses and with a full battery … Read the full press release

Foundation Scotland: Vattenfall’s Clashindarroch Community Wind Farm Fund calls on local residents and groups to apply for grants

EDINBURGH, 18-3-2015 — /EuropaWire/ — Vattenfall, the owner of Clashindarroch wind farm, is calling on local residents and groups to apply for grants from a major, new investment fund. The Clashindarroch Community Wind Farm Fund, will benefit the four areas served … Read the full press release

Greek industrial group Mytilineos Holdings S.A. announced record-high operational profitability in its 2014 Full-Year Financial Results

FY 2014 Highlights: Fourfold increase of net profit after tax and minority rights to €64.9 million, up from €15.9 million in 2013. Record-high operational profitability (EBITDA) at €253.9 million, up from €225.3 million in 2013. Further decline of net debt … Read the full press release

The Linde Group reports increase of both group operating profit and group revenue in the 2014 financial year despite unfavourable conditions

2014 financial year: Group revenue up 4.5 percent after adjusting for exchange rate effects to EUR 17.047 bn Group operating profit1 of EUR 3.920 bn, up 1.0 percent after adjusting for exchange rate effects Operating cash flow2 increases by 5.0 … Read the full press release

Abengoa Yield to be included in the NASDAQ Clean Edge Green Energy Index effective March 23rd, 2015

SEVILLE, 18-3-2015 — /EuropaWire/ — Abengoa Yield (NASDAQ: ABY), the sustainable total return company that owns a diversified portfolio of contracted assets in the energy and environment sectors, announced today that it will be included in the NASDAQ Clean Edge … Read the full press release

Eni upgrades the potential of the Indonesian Merakes-1 gas finding from previously estimated 1.3 TCF up to 2 trillion cubic feet (Tcf) of gas in place

Potential of Indonesian Merakes gas finding upgraded New gas discovery offshore Libya, in the Bahr Essalam South exploration prospect San Donato Milanese (Milan), 17-3-2015 — /EuropaWire/ — Eni has completed post drilling studies on the Merakes-1  gas finding, located in the … Read the full press release

Eni’s CEO Claudio Descalzi presented the Company’s 2015-2018 Strategic Plan to the financial community

LONDON, 16-3-2015 — /EuropaWire/ — Claudio Descalzi, Eni’s CEO, presents today the Company’s 2015-2018 Strategic Plan to the financial community. Main targets •  E&P: continued production growth supported by significant discoveries Production CAGR 3.5% 2 bln boe of new resources expected … Read the full press release

Eni plans to invest 5 billion dollars in Egypt’s oil and gas sector as part of new framework agreement

The Head of Agreement envisages investments of an estimate 5 billion dollars of total value. Sharm el-Sheikh (Egypt), 16-3-2015 — /EuropaWire/ — The Egyptian Minister of Petroleum and Mineral Resources, Sherif Ismail, signed today with Eni’s CEO, Claudio Descalzi, a Head … Read the full press release

Bank of Scotland: UK oil & gas industry survey reveals 92% of companies are planning to grow over the next two years

EDINBURGH, 16-3-2015 — /EuropaWire/ — The UK oil and gas sector is resilient and has plans for future investment and growth, despite the challenges of significantly lower commodity prices and rising production costs. A survey of a broad cross section of … Read the full press release

MAN implements its Climate Strategy by using only renewable energies at the MAN Truck & Bus production site in Pinetown, South Africa

Climate Strategy according to plan MUNICH, 11-3-2015 — /EuropaWire/ — MAN’s first CO2 neutral commercial vehicle plant is now a reality. The Company has gone an important step in implementing its Climate Strategy by using only renewable energies at the … Read the full press release

Alstom to supply and build the first lignite-fired power plant in Asia operating with ultra-supercritical conditions

Levallois-Perret, 10-3-2015 — /EuropaWire/ — Alstom, in consortium with Marubeni Corporation, has signed an agreement with the Electricity Generating Authority of Thailand (EGAT) to supply and build the new unit at Mae Moh power plant. The total amount of the … Read the full press release

Alstom received final contractual authorization to proceed on engineering and manufacturing of the Deepwater’s Block Island Wind Farm project

Levallois-Perret, 10-3-2015 — /EuropaWire/ — Alstom announced it has received formal notice to proceed (NTP) from developers of the Deepwater Wind project, which will feature five Alstom Haliade 150 6-MW offshore wind turbines and is poised to become America’s first … Read the full press release

PGNiG SA and GAZ-SYSTEM S.A. announced that Gazprom confirmed its gas supplies to Poland would be delivered in volumes requested

Polskie Górnictwo Naftowe i Gazownictwo SA (PGNiG SA) and Operator Gazociągów Przesyłowych GAZ-SYSTEM S.A. announce that on March 6th 2015 Gazprom confirmed that gas supplies to Poland from across its eastern border would be delivered in volumes requested. WARSAW, 10-3-2015 … Read the full press release

Cepsa consigue un Resultado Neto de 459 millones de euros en 2014, cifra superior en un 24% a la conseguida en 2013

Estos resultados son superiores en un 24% respecto a los conseguidos en 2013 La recuperación de los márgenes de refino en el último cuatrimestre del año, y de la demanda del mercado nacional de combustibles y carburantes, han contribuido de … Read the full press release

ABB Ltd published its 2014 annual report and filed Form 20-F with US SEC

Zurich, Switzerland, 9-3-2015 — /EuropaWire/ — ABB Ltd has published its 2014 annual report on its web site and has filed the annual report on Form 20-F with the United States Securities and Exchange Commission. The 2014 annual report is now … Read the full press release

ABB to accompany Solar Impulse on the first round-the-world flight in a plane powered only by energy from the sun

ABB and Solar Impulse share vision of decoupling environmental impact from economic growth Zurich, Switzerland, 9-3-2015 — /EuropaWire/ — ABB, the leading power and automation technology company, is proud to accompany Solar Impulse and its crew on the first round-the-world flight … Read the full press release

Zumtobel Group AG’s innovative and energy-efficient LED lighting and components the most important growth driver

Group revenues increase 4.0% to EUR 962.8 million Continued strong growth momentum with LED: LED share of revenues at 47.4% for the reporting period and 53% in the third quarter Operating earnings (adj. EBIT) improves 21.9% to EUR 51.5 million … Read the full press release

Eni confirms its historical commitment in Congo with the signature of two agreements at Palazzo Chigi

Eni signs two agreements with the Government of the Republic of Congo at Palazzo Chigi, intended to boost the energy development and local growth of the Country Rome, 2-3-2015 — /EuropaWire/ — Eni today confirms its historical commitment in Congo with … Read the full press release

First popular science book about atomic energy in Bangla presented by Russian atomic energy company Rosatom at Ekushey Book Fair in Bangladesh

Dhaka, Bangladesh, 27-02-2015 — /EuropaWire/ — First popular science illustrated book with basic facts about atomic energy in Bangla was presented by Russian atomic energy corporation Rosatom at Ekushey Book Fair at Bangla Academy. The presentation of the book was supported … Read the full press release