Category Archives: Energy, Gas & Oil

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

Eni completed the placement of 4% of Galp Energia shares and of euro 1,028 million bonds exchangeable into the portuguese company’s ordinary shares

Gross proceeds from the Equity Offering amounted to approximately EUR 381 million. Following settlement of the Equity Offering, Eni’s shareholding in Galp will decrease from 28.34 per cent to 24.34 per cent of the outstanding Galp share capital. NOT FOR … Read the full press release

Italy: EUR 160 million for Enel Green Power for new facilities

ENEL GREENPOWER ENERGIE RINNOVABILI II Financing of a 3-year investment programme for the period 2011-2013, focusing on the installation of new renewable energy capacities (approx 825 MW) in Italy, mainly small/medium scale wind farms and photovoltaic plants. 27/11/2012

29-11-2012 — /europawire.eu/ —  The European Investment Bank (EIB) and Enel Green Power (EGP) signed a EUR 160 million loan for financing the four-year plan of the Enel Group company concerned with renewable and alternative energy sources. This is the second … Read the full press release

Eni launches an accelerated bookbuilding offer of Galp Energia’s shares combined with an offer of bonds exchangeable into ordinary shares of the portuguese company

Eni S.p.A. (“Eni”) announces an offering (the “Equity Offering”) of 49,755,038 Galp Energia SGPS S.A. (“Galp”) shares (the “Shares”) San Donato Milanese (Milan), 29-11-2012 — /europawire.eu/ — Eni S.p.A. (“Eni‘) announces an offering (the “Equity Offering‘) of 49,755,038 Galp Energia SGPS … Read the full press release

Eni: agreements signed with Amorim Energia for the sale of the stake in Galp Energia amended

Eni S.p.A and Amorim Energia B.V. have made certain amendments to the terms and conditions of one of the agreements entered into on 29 March 2012 San Donato Milanese (MI), 29-11-2012 — /europawire.eu/ — Eni S.p.A. (“Eni‘) and Amorim Energia B.V. … Read the full press release

EPA’s Temporary Suspension Does Not Affect BP’s Existing Contracts with US Government

Company working with EPA to demonstrate “present responsibility” and have temporary suspension lifted< 28-11-2012 — /europawire.eu/ — Today’s announcement by the US Environmental Protection Agency (EPA) regarding BP’s temporary suspension relates only to future potential contracts with the US government. The … Read the full press release

BP to Sell Package of Central North Sea Assets to Taqa for $1.1 Billion

28-11-2012 — /europawire.eu/ — BP announced today that it has agreed to sell its interests in a number of central North Sea oil and gas fields to TAQA for $1.058 billion plus future payments which, dependent on oil price and production, … Read the full press release

BP Sells its Bottle and Wholesale LPG and Petgaz Autogas Businesses in Turkey to Oteko Group

27-11-2012 — /europawire.eu/ —  BP Gas Turkey announced today that Russian based Oteko Group has agreed to buy its bottle, wholesale LPG, and Petgaz-branded autogas businesses.BP is retaining its BP-branded autogas business and plans to integrate it into BP Turkey’s … Read the full press release

Shell celebrates 40 years of Scenarios

Scenario planning helps Shell make critical business decisions 26-11-2012 — /europawire.eu/ — Forty years ago, in 1972, work began on what many people regard as the first Shell Scenarios document, published the following year, though the roots of this work lie … Read the full press release

Hubject aims at connecting public charging infrastructure for electric vehicles across European borders. Joint venture formed by the BMW Group, Bosch, Daimler, EnBW, RWE and Siemens presents portfolio of solutions.

Berlin, 26-11-2012 — /europawire.eu/ — Hubject GmbH, is a joint venture formed by the BMW Group, Bosch, Daimler, EnBW, RWE and Siemens, presents to industry experts the first commercial portfolio of solutions aimed at connecting public charging infrastructures in Europe. Operating a … Read the full press release

Airbus, EADS and ENN make a push for new generation aviation fuels

Microalgae are a very promising feedstock for biofuel Speeding up commercialisation and production Test Flights in 2013 Zhuhai, 26-11-2012 — /europawire.eu/ — Airbus, EADS Innovation Works and ENN, one of the world’s leading Bio-Energy companies based in China, have signed a … Read the full press release

Strong global gas demand underpin Shell’s integrated gas strategy

26-11-2012 — /europawire.eu/ — Royal Dutch Shell plc (“Shell”) hosted a management day with investors today, focusing on global gas and Asia Pacific Upstream. Shell’s integrated gas strategy video comment Slides from management day presentations Global gas perspectives and Asia Pacific … Read the full press release

Nottingham part of £20m investment for UK synthetic biology

26-11-2012 — /europawire.eu/ —   The University of Nottingham has been awarded funding of £2.9m to help make low-carbon fuel. In a move that could potentially revolutionise major UK industries and help us to meet serious social and environmental challenges, the Biotechnology … Read the full press release

“Join the Spirit” for a clean Environment

EADS Innovation Works, Airbus and ENN invite Chinese research teams to join a competition for new sustainable energies in aviation Innovative teams in China are asked to tackle a global problemsolving challenge from EADS Innovation Works, Airbus & ENN Five … Read the full press release

MOL: factual misconceptions in the comments of the initial ruling of the former Prime Minister of Croatia

23-11-2012 — /europawire.eu/ — Following the sentence announced by the Zagreb County Court yesterday, MOL issued a statement noting that this was an initial ruling and that we continue to reject categorically the accusations made against MOL as part of the case … Read the full press release

EIB and Aquitaine Region commit €800m for sustainable development and energy efficiency

REGION AQUITAINE LYCEES HQE The Project consists in expanding and retro-fitting high schools ("lycées" and higher education buildings) infrastructure so as to meet increasing capacity requirements and to achieve the Region's Aquitaine ambitious energy efficiency targets, for a total cost in excess of EUR 1bn.

23-11-2012 — /europawire.eu/ — The commitment of EUR 800m for education, sustainable development and renewable energy was announced by the Aquitaine Region and the European Investment Bank (EIB), following a signing ceremony held at the Aquitaine Regional Council presided over by Alain … Read the full press release

MOL Group statement on the first sentence of the Sanader-trial

23-11-2012 — /europawire.eu/ — It is not our duty to comment the first sentence the Zagreb County Court made today. Being the biggest investor in Croatia, obviously we need to respect it and regard it as a decision of an independent juridical … Read the full press release

BP Appoints New Upstream Head

23-11-2012 — /europawire.eu/ — BP today announced the appointment of Lamar McKay as Chief Executive, Upstream. He will take up the position with effect from January 1, 2013.In his new role, McKay will lead BP’s combined Upstream business, comprising the Exploration, Developments … Read the full press release

Internal energy market: Commission refers Poland and Finland to Court for failing to fully transpose EU rules

Brussels, 22-11-2012 — /europawire.eu/ — Internal energy market: Commission refers Poland and Finland to Court for failing to fully transpose EU rules The European Commission is referring Poland and Finland to the Court of Justice of the European Union for failing to fully … Read the full press release

November infringements package: main decisions

Brussels, 22-11-2012 — /europawire.eu/ — November infringements package: main decisions In its monthly package of infringement decisions, the European Commission is pursuing legal action against Member States for failing to comply properly with their obligations under EU law. These decisions covering many sectors … Read the full press release

BP, Rosneft and Rosneftegaz Sign Definitive Agreements Relating to the Sale of BP’s Interest in TNK-BP and BP’s Investment in Rosneft

22-11-2012 — /europawire.eu/ — BP, Rosneft and Rosneftegaz — the state-owned parent company of Rosneft — have signed definitive and binding sale and purchase agreements (SPAs) for the sale of BP’s 50 per cent interest in TNK-BP to Rosneft and BP’s investment … Read the full press release