Category Archives: Energy, Gas & Oil

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

European electric grids: RTE and Terna CEOs sign MoU to intensify technical cooperation in various fields, based on many years of shared experiences

France and Italy strengthen cooperation on know-how and operation of European electric grids Paris, Rome, 26-8-2015 — /EuropaWire/ — Dominique Maillard and Matteo Del Fante, respectively CEO of RTE and Terna, operators of the two largest European electricity transmission networks … Read the full press release

NORMA Germany honoured by Ökoprofit Frankfurt for its new energy-saving approach to manufacturing joining technology products

Frankfurt/Main, 25-8-2015 — /EuropaWire/ — NORMA Germany GmbH (“NORMA Germany”), a subsidiary of NORMA Group, was honoured by Ökoprofit Frankfurt for coming up with the “Best Measure” in this year’s round of selections with its new energy-saving approach to manufacturing joining … Read the full press release

Wenche Agerup elected new member of Statoil’s board of directors

Stavanger, Norway, 21-8-2015 — /EuropaWire/ — In a meeting in the Corporate Assembly of Statoil ASA (OSE:STL, NYSE:STO) on 20 August 2015  Wenche Agerup was elected as a new member of Statoil’s board of directors. Wenche Agerup was the Executive … Read the full press release

Rosneft Group closes the acquisition of 100% in Trican Well Service LLC

MOSCOW, 21-8-2015 — /EuropaWire/ — A company of the Rosneft Group and a subsidiary of Trican Well Service Ltd. closed the transaction, pursuant to which a Rosneft subsidiary acquires a 100% participation interest in Trican Well Service LLC, which provides … Read the full press release

Enel’s 2014 Sustainability Report met the Global Reporting Initiative’s (GRI) highest Application Level “A+” for the ninth year in a row

The Report has been recognised for meeting Global Reporting Initiative (GRI) guidelines’ highest Application Level “A+” for the ninth straight year For the fifth year in a row, the Report has also achieved “GC Advanced” level for Communication on Progress … Read the full press release

Repsol ha aprobado sus Planes de Sostenibilidad 2015, con los que la compañía reafirma su compromiso con el desarrollo sostenible y la transparencia

Repsol ha elaborado 15 nuevos Planes de Sostenibilidad, por primera vez anuales: uno corporativo, nueve para países en los que opera y cinco para sus complejos industriales en España. Los nuevos planes incluyen más de 700 acciones concretas relacionadas con … Read the full press release

Alexey Miller, Gazprom’s CEO, met with Eni’s CEO Claudio Descalzi in Moscow; global energy scenario discussed

Gazprom’s CEO, Alexey Miller, met today in Moscow Eni’s CEO, Claudio Descalzi. During the meeting they discussed, among other things, over the global energy scenario. The two companies confirmed the plan to continue their active collaboration within the European and … Read the full press release

The Board of Royal Dutch Shell plc Reference Share Price in respect of Q2 interim dividend of 2015

The Hague, 21-8-2015 — /EuropaWire/ — The Board of Royal Dutch Shell plc (“RDS”) today announced the Reference Share Price in respect of the second quarter interim dividend of 2015, which was announced on July 30, 2015 at $0.47 per … Read the full press release

Wood Group to provide services to four onshore oil fields in Gabon

ABERDEEN, 19-8-2015 — /EuropaWire/ — Wood Group has received a letter of award for a new five year, US$ multi-million contract with Shell, to provide services to four onshore oil fields in Gabon. Wood Group PSN (WGPSN) will deliver integrated … Read the full press release

Wood Group awarded FEED contract for the subsea development of the Talisman Energy Ca Rong Do field offshore Vietnam

ABERDEEN, 19-8-2015 — /EuropaWire/ — Wood Group has been awarded the front end  engineering and design (FEED) contract for the subsea development of the Talisman  Energy Ca Rong Do field offshore Vietnam; estimated to contain around 67  million barrels of … Read the full press release

PGNiG Upstream International AS to repay some of its outstanding debt with new USD 400m credit facility agreement signed with Societe Generale, BNP Paribas, ING, HSBC, Citibank, CACIB, SEB and Natixis

WARSAW, 17-8-2015 — /EuropaWire/ — PGNiG Upstream International AS, a subsidiary of PGNiG SA, executed a USD 400m credit facility agreement with eight banks (Societe Generale, BNP Paribas, ING, HSBC, Citibank, CACIB, SEB and Natixis).  The primary use of proceeds … Read the full press release

Twenergy.com, Endesa’s website for promoting energy efficiency and responsible energy consumption, has now reached over 11.4 million visits

• Twenergy is the first online community on efficiency in the energy sector. • Since its launch in 2010 it has become increasingly visible in social networks, reaching over 100,000 followers. MADRID, 17-8-2015 — /EuropaWire/ — Twenergy (www.twenergy.com), Endesa’s website … Read the full press release

PGNiG Group’s net profit in H1 2015 up 23% year on year

WARSAW, 17-8-2015 — /EuropaWire/ — Despite declining oil prices, the PGNiG Group earned a net profit of nearly PLN 1.9bn in H1 2015, up 23% year on year. Such strong performance was attributable chiefly to the consistent pursuit of the … Read the full press release

The EnerCap Power Fund to refinance its 18 MW Horní Lodĕnice Wind Farm in Czech Republic

PRAGUE, 12-8-2015 — /EuropaWire/ — The EnerCap Power Fund, managed by EnerCap Capital Partners has taken advantage of low interest rates and a forced loan portfolio sale by its existing lender to refinance its 18 MW Horní Lodĕnice Wind Farm … Read the full press release

European Bank for Reconstruction and Development (EBRD), The Asian Development Bank (ADB) and Black Sea Trade and Development Bank (BSTDB) to provide US$1 billion for a landmark offshore natural gas field project in Azerbaijan

Multilateral banks and a syndicate of commercial banks provide US$1 billion to finance development of gas field feeding Southern Gas Corridor from Caspian to Europe LONDON, 7-8-2015 — /EuropaWire/ — The Asian Development Bank (ADB) and the European Bank for … Read the full press release

Repower downgrades its earnings expectations due to low energy prices and strong Swiss franc

Poschiavo, Switzerland, 5-8-2015 — /EuropaWire/ — The predictions accompanying publication of Repower’s last annual results − that with energy prices low and the Swiss franc so strong, the market environment would continue to be challenging in 2015 − have proven … Read the full press release

French Ambassador in Kazakhstan Francis ETIENNE welcomed an ex-Alstom employee as she completed her adventurous journey from Europe to Astana on a bike

Levallois-Perret, France, 4-8-2015 — /EuropaWire/ — On 3 August Mr. Francis ETIENNE, French Ambassador in Kazakhstan, welcomed an ex-Alstom employee, Pauline de La Marnierre, in Bayterek1 as she completed her adventurous journey from Europe to Astana, linking the capitals of … Read the full press release

Alstom T&D India to supply transformers and shunt reactors to Powergrid Corporation of India Limited

Levallois-Perret, France, 4-8-2015 — /EuropaWire/ — Alstom T&D India has been awarded three new contracts worth approximately €33 million (INR 2317 million) by Powergrid Corporation of India Limited (Power Grid) to supply transformers and shunt reactors for 765/400kV substation situated … Read the full press release

MOL Group completed the acquisition of ENI´s Czech and Slovak downstream business including retail network under Agip brand

MOL Group has successfully acquired 125 Agip service stations in Czech Republic and 41 service stations in Slovakia from ENI Retail network expansion confirms MOL Group’s leading role in CEE MOL Group’s retail network grows to more than 1900 service … Read the full press release

Endesa reports 17.1 % increase of net income in the first half of 2015 vs the same period of last year

• This figure represents an increase of 17.1% on the same period of last year, although results for the first half of 2014 included those generated by the company’s Latin American business, which was sold to Enel during the first … Read the full press release