Category Archives: Energy, Gas & Oil

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

Fortum Invests in Key Upgrades for Loviisa Nuclear Power Plant’s Seawater Pump System

(IN BRIEF) Fortum is renewing the main seawater pumps and motors at its Loviisa nuclear power plant as part of investments to extend the plant’s lifespan and ensure reliable electricity production. The seawater pumps, critical to the plant’s cooling system, … Read the full press release

EIB Supports Sustainable Development of Bilbao Port with €80 Million Loan

(IN BRIEF) The European Investment Bank (EIB) has provided an €80 million loan to the Port Authority of Bilbao to support the port’s expansion and integration of renewable energy infrastructure. The project will enhance capacity and efficiency at a key … Read the full press release

Lithuania and EIB Partner to Improve Energy Efficiency in 700 Apartment Buildings

  (IN BRIEF) The Lithuanian government and the European Investment Bank (EIB) have partnered in a €100 million initiative to renovate 700 multi-apartment buildings, mobilizing up to €625 million to improve energy efficiency. The project will reduce household energy bills, … Read the full press release

EIB Funds Prologis’ Push for Renewable Energy with €225 Million Loan for Solar and Storage Systems

(IN BRIEF) Prologis, a global leader in logistics real estate, has secured a €225 million framework loan from the European Investment Bank (EIB) to install rooftop solar panels and battery storage systems at its facilities across Western and Central Europe. … Read the full press release

EIB Loan Fuels Zumtobel’s Push for Smart and Sustainable Lighting Innovation

(IN BRIEF) The European Investment Bank (EIB) has granted a €50 million loan to the Zumtobel Group to advance its research and development of innovative lighting solutions, focusing on energy-efficient and connected technologies for smart buildings and cities. With a … Read the full press release

University of Exeter’s Science of Christmas Event Inspires Young Minds in Cornwall

(IN BRIEF) The University of Exeter’s annual Science of Christmas event in Cornwall captivated 170 primary schoolchildren with stories from science and engineering. Dr. Johanna Hedlund discussed the mystery of dragonfly migration to Christmas Island, Amy Bray and Maddie Kirby … Read the full press release

Uniper Ruhrgas International GmbH to Sell 18.26% Stake in AS Latvijas Gaze

(IN BRIEF) Uniper Ruhrgas International GmbH, a subsidiary of Uniper SE, plans to sell its 18.26% stake in AS Latvijas Gaze through an open and transparent bidding process, following approval from the European Commission. AS Latvijas Gaze, a major player … Read the full press release

DNV Releases New Standard to Enhance Safety and Scalability of Electrolyser Systems in Hydrogen Production

(IN BRIEF) DNV has released the DNV-ST-J301 Electrolyser Systems standard, setting a benchmark for the safe design, construction, and operation of electrolysers used in hydrogen production. This standard provides a comprehensive, risk-based framework to ensure safety and scalability throughout the … Read the full press release

UK-Saudi Collaboration to Establish Joint Institute for Clean Hydrogen

(IN BRIEF) A consortium of British universities, including Newcastle, Northumbria, Teesside, Durham, and Cranfield, is collaborating with Saudi Arabian universities and industrial partners to establish a Joint International Institute for Clean Hydrogen. Announced by UK Prime Minister Keir Starmer during … Read the full press release

ORLEN Joins Poland’s Great Orchestra of Christmas Charity to Support Paediatric Cancer Care

(IN BRIEF) ORLEN has announced its participation in the 33rd Finale of Poland’s Great Orchestra of Christmas Charity (WOŚP) on January 26, 2025, to support paediatric oncology and haematology wards. The fundraiser aims to purchase advanced diagnostic equipment for 18 … Read the full press release

TenneT Leads Efforts to Address Grid Congestion in South Holland Amid Surging Electricity Demand

(IN BRIEF) TenneT, the high-voltage grid operator, announced that South Holland’s electricity grid has reached capacity for large consumers due to rising demand from heat pumps, EV charging stations, and industrial transitions to electricity. New applications for connections exceeding 3×80 … Read the full press release

50Hertz Strengthens Grid Stability with STATCOM Technology for Renewable Energy Integration

(IN BRIEF) 50Hertz is advancing Germany’s energy transition with the installation of STATCOM systems across its grid to enhance voltage and frequency stability amid increasing renewable energy integration. New systems from GE Vernova and Nidec Conversion will be deployed at … Read the full press release

Equinor and Shell Unite to Secure UK Energy Future with Largest Independent North Sea Producer

(IN BRIEF) Equinor UK and Shell UK are joining forces to create the largest independent energy producer in the UK North Sea, combining their offshore oil and gas portfolios into a new joint venture. The company, equally owned by both … Read the full press release

Rising Housing Costs and Energy Efficiency Dominate Barclays Property Insights Report

(IN BRIEF) Barclays’ Property Insights Report reveals an 8.2% year-on-year rise in rent and mortgage costs in November, driven by homeowners transitioning to higher interest rates. Energy efficiency improvements, such as insulation and solar panels, are a priority for a … Read the full press release

ENTSO-E Celebrates 15 Years of Advancing Europe’s Clean Energy Transition and Grid Integration

(IN BRIEF) ENTSO-E, the European Network of Transmission System Operators for Electricity, is celebrating its 15th anniversary, highlighting its role in creating a clean, reliable, and competitive power system for Europe. Since its establishment in 2009, ENTSO-E has united 40 … Read the full press release

STMicroelectronics and Ampere Partner to Deliver Advanced Silicon Carbide Power Modules for Next-Generation EVs

(IN BRIEF) STMicroelectronics and Ampere, Renault Group’s EV division, have entered a multi-year agreement to supply Silicon Carbide (SiC) power modules for Ampere’s next-generation electric powertrains starting in 2026. This partnership focuses on developing an advanced powerbox to enhance EV … Read the full press release

ANDRITZ to Modernize Governador Parigot de Souza Hydropower Plant, Boosting Brazil’s Clean Energy Capacity

(IN BRIEF) ANDRITZ has been selected by Companhia Paranaense de Energia (COPEL) to modernize the Governador Parigot de Souza hydropower plant in Curitiba, Brazil. The project will include upgrades to key components such as Pelton turbines, generators, and electrical systems, … Read the full press release

ABB Acquires SIB to Strengthen Cable Protection and Electrification Portfolio Across Key Markets

(IN BRIEF) ABB has acquired Solutions Industry & Building (SIB), a French manufacturer of premium cable glands and electrical products, to expand its portfolio of electrification and cable protection solutions. This acquisition strengthens ABB’s presence in specialized markets such as … Read the full press release

EBRD and ZABA Partner to Unlock €100M for Green Energy Projects in Croatia

(IN BRIEF) The EBRD has partnered with Zagrebačka banka (ZABA) to launch its first green uncapped portfolio guarantee under the EU’s InvestEU Programme. This €80 million guarantee aims to unlock €100 million in financing for green projects in Croatia, focusing … Read the full press release

EIB and ČEZ Partner on €400 Million Loan to Enhance Czech Energy Infrastructure and Green Transition

(IN BRIEF) The European Investment Bank (EIB) is lending €400 million to Czech energy provider ČEZ to modernize and expand the country’s electricity distribution grid, enabling the integration of up to 5.5 gigawatts of renewable energy. The project, aligned with … Read the full press release