Category Archives: Energy, Gas & Oil

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

EIB Provides €105 Million Loan to Tuusula Municipality for Energy-Efficient School Complexes

(IN BRIEF) The European Investment Bank (EIB) has provided a €105 million loan to the Municipality of Tuusula in Finland to construct energy-efficient school complexes for 3,500 students. The project, spanning three neighborhoods, aims to create modern educational spaces aligned … Read the full press release

EIB Supports €200 Million Loan to Delgaz Grid for Electricity Network Upgrades in Romania

(IN BRIEF) The European Investment Bank (EIB) is lending €200 million to Romanian energy distributor Delgaz Grid to modernize the electricity network in Moldova’s northeastern region. This funding, part of a €630 million investment program, will enhance energy efficiency, support … Read the full press release

BMT Unveils “The Deep Blue Project” at Offshore Wind Australia Conference 2024

(IN BRIEF) BMT, in collaboration with Ocius, has launched The Deep Blue Project, an initiative revolutionizing autonomous maritime data collection and environmental monitoring. Announced at the Offshore Wind Australia Conference 2024, the project’s first phase involves trials of Ocius’s autonomous … Read the full press release

Eni Launches HPC6: A Breakthrough in Supercomputing to Accelerate Energy Transition

(IN BRIEF) Eni has launched HPC6, a cutting-edge supercomputer with a peak performance of 606 PFlop/s, ranking fifth globally and first in Europe for industrial use. HPC6 supports Eni’s decarbonization and energy transition efforts by enhancing CO2 storage research, biofuel … Read the full press release

IPTO Joins ENCS to Strengthen Cybersecurity in Greece’s Power Grid

(IN BRIEF) The Independent Power Transmission Operator (IPTO) of Greece has joined the European Network for Cyber Security (ENCS) as a full member. This partnership will allow IPTO to contribute to ENCS’s cybersecurity strategies and benefit from its expertise in … Read the full press release

TotalEnergies and Oil India Limited Partner to Tackle Methane Emissions with Advanced AUSEA Technology

(IN BRIEF) TotalEnergies and Oil India Limited (OIL) have signed a Cooperation Agreement to use TotalEnergies’ AUSEA technology to detect and measure methane emissions at OIL’s sites in India. This partnership aligns with OIL’s recent commitment to the Oil and … Read the full press release

New IDTechEx Report Predicts Regulatory Shifts Will Transform the Electric Light Commercial Vehicle Market

(IN BRIEF) A new report from market intelligence firm IDTechEx, Electric Light Commercial Vehicles 2025-2045: Markets, Players, Forecasts, predicts significant growth for electric light commercial vehicles (eLCVs), forecasting sales to surpass 11 million units by 2045. The report highlights how … Read the full press release

Altea Green Power Joins Euronext STAR Milan, Advancing Its Renewable Energy Mission

(IN BRIEF) Altea Green Power, a renewable energy company specializing in developing eco-friendly power generation plants, has transitioned from Euronext Growth Milan to the prestigious Euronext STAR Milan segment. With a market capitalization of €127.2 million, Altea Green Power is … Read the full press release

Bord Gáis Energy Acquires Swyft Energy to Boost Solar PV Solutions and Drive Renewable Transition

(IN BRIEF) Bord Gáis Energy has acquired Swyft Energy, a leading Irish solar PV provider, to enhance its green energy offerings for residential, business, and agricultural customers. This acquisition, subject to regulatory approval, strengthens Bord Gáis Energy’s capabilities with Swyft … Read the full press release

CapMan Infra Invests in ProPellet to Drive Growth and Sustainability in Finland’s Bioenergy Sector

(IN BRIEF) CapMan Nordic Infrastructure II fund has acquired a majority stake in ProPellet Oy, Finland’s leading heat-as-a-service (HaaS) operator and bioenergy producer. ProPellet, which operates over 120 heating sites and produces pellet fuel using forestry by-products, has experienced significant … Read the full press release

Gasum Acquires Hærup Biogas to Boost Nordic Renewable Gas Production and Expand into Denmark

(IN BRIEF) Gasum, the Nordic energy company, has signed a share purchase agreement to acquire 100% of the shares in Denmark-based Hærup Biogas ApS, marking its first biogas plant acquisition in the country. Hærup Biogas currently produces around 40 GWh … Read the full press release

Maersk Halifax Becomes Industry’s First Large Vessel Converted to Dual-Fuel Methanol Operation

(IN BRIEF) Maersk has retrofitted the Maersk Halifax into the industry’s first large dual-fuel vessel capable of operating on methanol, completed in 88 days at Zhoushan Xinya Shipyard, China. The conversion, led by MAN Energy Solutions, involved replacing engine components, … Read the full press release

Enemalta Partners with Siemens to Revolutionize Malta’s Grid with Predictive Energy Management

(IN BRIEF) Enemalta, Malta’s leading energy provider, is partnering with Siemens to enhance its grid infrastructure using the Gridscale X software platform. This innovative system will enable predictive management, reduce outages, and optimize grid operations for over 450,000 residents. The … Read the full press release

CapMan Infra Invests in Finland’s Leading Bioenergy and Heat-as-a-Service Provider ProPellet

(IN BRIEF) CapMan Infra, through its Nordic Infrastructure II fund, has acquired a majority stake in ProPellet Oy, Finland’s leading bioenergy producer and heat-as-a-service (HaaS) operator. ProPellet, which operates over 120 heating sites and two pellet production facilities using forestry … Read the full press release

Landmark Solar and Battery Project in Senegal to Deliver Clean Energy to 235,000 People

(IN BRIEF) An EUR 84 million investment will fund the development of two photovoltaic solar plants with integrated battery energy storage systems (BESS) in Senegal’s Kolda region, providing clean energy to 235,000 people. Spearheaded by the Emerging Africa & Asia … Read the full press release

Global Energy Giants Commit $500 Million to Advance Universal Energy Access for Underserved Regions

(IN BRIEF) Four major energy companies—bp, Equinor, Shell, and TotalEnergies—have committed $500 million to address global energy access challenges, particularly in underserved regions like Sub-Saharan Africa, South Asia, and Southeast Asia. This collaborative effort aims to support UN Sustainable Development … Read the full press release

New EIBG and Solar Impulse Initiative Helps European SMEs Boost Energy Efficiency and Cut Costs

(IN BRIEF) The European Investment Bank Group (EIBG), European Commission, and Solar Impulse Foundation have partnered to launch an initiative supporting small and medium-sized enterprises (SMEs) in Europe with energy efficiency investments. By facilitating access to clean technologies through innovative … Read the full press release

EIB Group Backs Europe’s First Solar ABS with €100M Investment, Expanding Access to Affordable Clean Energy

(IN BRIEF) The European Investment Bank (EIB) Group has invested €100 million in Europe’s first public solar asset-backed securitisation (ABS) led by German green tech company Enpal. This groundbreaking transaction, valued at €240 million, enables Enpal to refinance residential solar … Read the full press release

Aurubis Enhances Recycling Efficiency with €40M Investment in On-Site Oxygen Production at Lünen Plant

(IN BRIEF) Aurubis is investing €40 million to build an on-site air separation unit at its Lünen recycling plant in North Rhine-Westphalia, enabling the independent production of high-purity oxygen and nitrogen. This unit will boost production efficiency, reduce dependency on … Read the full press release

RWE Secures New Wind Projects in France, Expands Renewable Capacity with 41.3 MW in Latest Bid Round

(IN BRIEF) RWE has won contracts for two new wind projects in France’s latest onshore wind bidding round, adding a combined 41.3 MW of capacity in the Nouvelle-Aquitaine and Centre-Val de Loire regions. These projects will provide clean energy to … Read the full press release