Category Archives: Energy, Gas & Oil

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

CZECH REPUBLIC: AREVA WILL APPEAL AGAINST CEZ’S DECISION

Posted on 8, November 2012 by

8-11-2012 — /europawire.eu/ — AREVA disagrees with CEZ’s exclusion notification in the TEMELIN 3&4 project. Considering CEZ decision as baseless, the Group has decided to appeal and to call for a suspension of the bid procedure. The group believes that its … Read the full press release →

Posted in Business, Czech Republic, Energy, Gas & Oil, France, Law

Indonesian Government Approves Plan of Further Development for Expansion of Tangguh LNG

Posted on 6, November 2012 by

6-11-2012 — /europawire.eu/ — Indonesia’s Ministry of Energy and Mineral Resources and oil and gas executive agency BPMIGAS have approved in principle the Plan of Further Development (POFD) for the expansion of the BP-operated Tangguh liquefied natural gas (LNG) project in … Read the full press release →

Posted in Business, Energy, Gas & Oil, Government, United Kingdom

BP agrees to create a Centre for Petroleum and Surface Chemistry (BP-CPSC) at the University of Surrey

Posted on 5, November 2012 by

5-11-2012 — /europawire.eu/ — BP is to invest up to $7 million to establish a research group at the University of Surrey to study fundamental science and recovery processes related to heavy and viscous oils. These oils form a significant proportion … Read the full press release →

Posted in Business, Education, Energy, Gas & Oil, United Kingdom

BP Reports Strong Third Quarter Results, Raises Dividend

Posted on 5, November 2012 by

Underlying 3Q 2012 replacement cost profit $5.2 billion; a 40 per cent increase on previous quarter. Increases quarterly dividend by 12.5 per cent, to 9c a share, payable in 4Q 2012. On track for delivery of strategic 10-point plan to … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, United Kingdom

Enagás reports net profit of €281.4Mn

Posted on 3, November 2012 by

 Allowing the company to meet forecast of flat net profit growth for 2012  Cost containment remains crucial to meeting targets  Yela Underground Storage facility brought into operation, key to ensuring security of Spanish gas system  Acquisition … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Investment, Spain

BP Renews Commitment to MIT with Second $25 Million Pledge

Posted on 3, November 2012 by

3-11-2012 — /europawire.eu/ — BP announced today that it is renewing its commitment to the Massachusetts Institute of Technology Energy Initiative (MITEI) through an agreement to provide another $25 million for continued energy research over the next five years — bringing … Read the full press release →

Posted in Business, Education, Energy, Gas & Oil, Environment, Non Profit, Science, Society, Technology, United Kingdom

Profits of the Red Eléctrica Group reached €338 million in the first nine months of 2012

Posted on 2, November 2012 by
Profits of the Red Eléctrica Group reached €338 million in the first nine months of 2012

Investment in the transmission grid reaches 418 million 2-11-2012 — /europawire.eu/ — The Red Eléctrica Group recorded a profit of €338 million in the first nine months of 2012, representing a growth of 1.5% compared with the same period last year. … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Investment, Spain

BP Cancels Plans for US Cellulosic Ethanol Plant

Posted on 2, November 2012 by

2-11-2012 — /europawire.eu/ — BP announced today it is cancelling plans to build a commercial-scale cellulosic ethanol plant in Highlands County, Florida and refocusing its US biofuels strategy on research and development as well as licensing its industry–leading biofuels technology.“Given the … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, United Kingdom

The President of the Generalitat Valenciana visits Red Eléctrica’s converter station in Sagunto

Posted on 1, November 2012 by

1-11-2012 — /europawire.eu/ — Today, the President of the Generalitat Valenciana, Alberto Fabra, and the delegate for the Government, Paula Sánchez de León, along with the Chairman of Red Eléctrica de España, José Folgado, have visited the Morvedre converter station in … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, Spain

BP Completes Cofferdam Sealing Operation in Gulf of Mexico

Posted on 31, October 2012 by

31-10-2012 — /europawire.eu/ — BP has capped and plugged an abandoned piece of subsea equipment known as a cofferdam that is thought to be the source of a recently spotted surface sheen near the Mississippi Canyon 252 lease block in the … Read the full press release →

Posted in Energy, Gas & Oil, Environment, Industrial, United Kingdom

BP and Socar Agree Way Forward

Posted on 30, October 2012 by

30-10-2012 — /europawire.eu/ — As a follow up to last week’s London meetings, a group of BP senior executives representing BP’s upstream production, development, and strategy and integration divisions held a 3-day working visit to Baku to continue the discussions about … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, United Kingdom

Red Eléctrica and the Generalitat Valenciana sign two agreements for environmental conservation and improvement

Posted on 30, October 2012 by

30-10-2012 — /europawire.eu/ — During the visit today of José Folgado, Chairman of Red Eléctrica, to Valencia, the Company and the Generalitat have signed two collaboration agreements, one regarding the prevention and fighting of forest fires, and another on the regeneration … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Society, Spain

REXEL STRENGTHENS ITS COMMITMENT TO ENGINEERING, PROCUREMENT AND CONSTRUCTION CLIENTS WITH APPOINTMENT OF PIERRE ALLARD-COULUON

Posted on 30, October 2012 by

Paris, 30-10-2012 — /europawire.eu/ — Pierre Allard-Couluon has joined Rexel as Vice President, International Projects Group (IPG), Rexel’s dedicated team of specialists serving Engineering, Arocurement and Construction Companies (EPCs). Initially based in Shanghai, Allard-Couluon will be responsible for developing Rexel’s service offering … Read the full press release →

Posted in Business, Electronics & Machinery, Energy, Gas & Oil, France, Industrial, Management, Technology

Fortum’s nuclear power plant unit 2 in Loviisa will be shut down for a repair of a minor gasket leak

Posted on 30, October 2012 by

30-10-2012 — /europawire.eu/ — Today, on October 20th 2012, a minor leak was found in the gasket water system to one of the main circulation pumps at Fortum’s Loviisa nuclear power plant’s reactor unit 2. In order to repair the leak, the unit … Read the full press release →

Posted in Energy, Gas & Oil, Finland, Industrial, Technology

Fortum Corporation’s Interim Report Q3 2012: A very demanding market environment – efficiency programme launched

Posted on 29, October 2012 by

29-10-2012 — /europawire.eu/ — FORTUM CORPORATION INTERIM REPORT 19 October 2012 at 9:00 EEST July – September 2012 — Comparable operating profit EUR 220 (297) million, -26% — Operating profit EUR 223 (314) million, of which EUR 3 (17) million relates … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Finland

Background on Commissioner Piebalgs’ visit to Ghana and EU energy cooperation with West Africa

Posted on 29, October 2012 by

Brussels, 29-10-2012 — /europawire.eu/ — Background on Commissioner Piebalgs’ visit to Ghana and EU energy cooperation with West Africa EU cooperation with Ghana Ghana receives a total of €455.34 million under the 10th European Development Fund (EDF) 2008-13. Funding focuses on … Read the full press release →

Posted in Belgium, Energy, Gas & Oil, European Union, Government, Politics, Society

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Vattenfall and SWM have commissioned the accommodation platform for DanTysk offshore wind farm

Posted on 29, October 2012 by
Illustration of a transformator platform for the Dan Tysk offshore wind park in the North Sea.

29-10-2012 — /europawire.eu/ — From 2014 onwards, quiet rooms with a shower, internet access and a TV will make everyday life more comfortable for the members of the DanTysk Wind Farm maintenance team – right in the middle of the harsh … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Germany, Industrial, Sweden, Technology

PEMEX E&P and BP Announce Agreement to Share Technology, Expertise for Deepwater Well Cap

Posted on 29, October 2012 by

29-10-2012 — /europawire.eu/ — Petroleos Mexicanos Exploration and Production (PEMEX E&P) and BP today announced an agreement for BP to share the technical information it used to build its global deepwater well-capping equipment.Under the Technology License Agreement, BP will make available … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, Technology, United Kingdom

RWE Dea sichert sich Bohrkapazitäten für das Feld Titan in Norwegen

Posted on 29, October 2012 by
Bohranlage Bredford Dolphin / Foto: Dolphin Drilling

RWE Dea Norge AS, die norwegische Tochter des deutschen Erdöl- und Erdgasunterneh-mens RWE Dea AG, hat mit Dolphin Drilling AS ein Abkommen über den Einsatz der Bohranlage Bredford Dolphin unterzeichnet. Die Anlage wird mit drei weiteren Ölgesell-schaften gemeinsam genutzt. Oslo, … Read the full press release →

Posted in Business, Energy, Gas & Oil, Germany, Metals and Minerals, Norway, Technology

Fortum to launch an efficiency programme to maintain and strengthen its flexibility and competitiveness

Posted on 29, October 2012 by

FORTUM CORPORATION STOCK EXCHANGE RELEASE 19 October 2012 at 8.55 EEST 29-10-2012 — /europawire.eu/ — Fortum is launching an efficiency programme for 2013-2014 in order to maintain and strengthen its strategic flexibility and competitiveness in an increasingly demanding business environment. “The economic situation … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Finland