Category Archives: Energy, Gas & Oil

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

EBRD and EU Launch €120M SME Go Green Programme to Boost Sustainable Investments in Serbia

(IN BRIEF) The EBRD, with EU support, has launched the SME Go Green programme to finance green economy investments for small and medium-sized enterprises (SMEs) in Serbia and the Western Balkans. Starting with €120 million in funding, with plans to … Read the full press release

EIB Pledges €10.3 Billion for Climate-Resilient Agriculture, Energy, and Infrastructure in Europe

(IN BRIEF) The European Investment Bank (EIB) has committed €10.3 billion to support various European sectors, including agriculture, energy, water, education, and innovation. This funding includes €900 million for immediate reconstruction in flood-affected areas and a landmark €3 billion initiative … Read the full press release

Airtelis Expands Offshore Wind Support with Airbus H145 Helicopter Agreement

(IN BRIEF) Airtelis has signed an agreement with Airbus Helicopters to acquire up to five H145 helicopters, with an initial order for one, to be operated by its subsidiary Oya Vendée Hélicoptères for offshore wind industry support. Highlighting the H145’s … Read the full press release

Voith and Mehrer Compression Forge Partnership to Drive Hydrogen Compression Innovation for Sustainable Energy

(IN BRIEF) Voith and Mehrer Compression GmbH have entered a strategic partnership to develop hydrogen compression technology, combining Voith’s expertise in large-scale manufacturing with Mehrer’s long-standing specialization in oil-free compressors. The partnership will focus on creating efficient, high-pressure hydrogen compressors … Read the full press release

Pilot and Electriq Global announce collaboration to explore deployment of proprietary hydrogen transport, storage and power generation technology

(IN BRIEF) Pilot Energy Limited and Electriq Global have signed a Memorandum of Understanding (MoU) to explore the use of Electriq’s innovative hydrogen powder transport, storage, and power generation technologies for off-grid energy needs in Western Australia’s Mid-West and Gascoyne … Read the full press release

PNE AG Sells Papenrode Wind Farm to Qualitas Energy, Boosting Renewable Energy Production in Lower Saxony

(IN BRIEF) PNE AG has completed the sale of the Papenrode wind farm to Qualitas Energy Deutschland GmbH, enhancing the renewable energy landscape in Lower Saxony. The repowering project, which is currently under construction, will feature nine new turbines with … Read the full press release

EIF-Backed ZEST II Secures €255 Million to Drive Sustainable Energy Projects Across Europe

(IN BRIEF) The Zencap European Sustainable Transition II (ZEST II) fund has successfully closed at €255 million, surpassing its target with a €75 million investment from the European Investment Fund (EIF) under InvestEU. This funding enables ZEST II to back … Read the full press release

Deutsche Telekom and Bankhaus Metzler Pilot Bitcoin Mining with Surplus Renewable Energy to Aid Grid Stability in Germany

(IN BRIEF) Deutsche Telekom’s MMS and Bankhaus Metzler have launched a pilot project, “Digital Monetary Photosynthesis,” using surplus renewable energy to power Bitcoin mining as a means of stabilizing Germany’s energy grid. By converting unused renewable energy from sources like … Read the full press release

Eni Finalizes $1 Billion Sale of Alaskan Oil Assets to Hilcorp, Strengthens Focus on Core Portfolio and Energy Transition

(IN BRIEF) Eni has completed the sale of its Alaskan oil assets, Nikaitchuq and Oooguruk, to Hilcorp for $1 billion. This divestment aligns with Eni’s strategy to streamline its upstream portfolio by focusing on core assets and contributing to its … Read the full press release

SACE and Eni Partner to Drive ESG Transformation for Italian SMEs through Integrated Open-es Alliance

(IN BRIEF) SACE and Eni have formed a strategic partnership to boost the sustainability and competitiveness of Italian businesses, particularly SMEs. Through the integration of SACE’s ESG Hub and Eni’s Open-es platform, the alliance will provide companies with enhanced tools … Read the full press release

EBRD and EU Partner with Montenegro to Boost Energy Efficiency in Schools, Cutting CO₂ and Energy Costs

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted Montenegro a €20 million loan, supplemented by EU funding, to improve energy efficiency in 24 educational buildings, including schools and a student dormitory. The upgrades, which will include … Read the full press release

CRH Powers Romania’s Medgidia Cement Plant with First Wind Farm Dedicated to Clean Energy Transition

(IN BRIEF) CRH has launched a new wind farm in Romania to power its Medgidia Cement Plant, the first of its kind dedicated exclusively to a cement facility in the country. This renewable energy initiative will meet a significant portion … Read the full press release

Alfa Laval Celebrates 40 Years in China with New Innovations Unveiled at China International Import Expo

(IN BRIEF) Alfa Laval is celebrating 40 years in China by presenting its latest innovations at the China International Import Expo (CIIE), including the global launch of its T25 SW semi-welded plate heat exchanger. At the event, Alfa Laval will … Read the full press release

RWE Signs Renewable Energy Agreement with Rivian to Power Adventure Network and Expand Wind Project

(IN BRIEF) RWE has signed a 15-year power purchase agreement with Rivian to supply its Adventure Network with renewable energy from the repowered Champion Wind farm in Texas. This 127 MW wind project, currently undergoing upgrades, will help Rivian achieve … Read the full press release

Shell Brasil Begins Production at Mero-3 FPSO, Boosting Offshore Capacity in Brazil’s Santos Basin

(IN BRIEF) Shell Brasil has launched production at the Marechal Duque de Caxias FPSO (Mero-3) in Brazil’s Mero field, part of the Santos Basin, with an output capacity of 180,000 barrels of oil per day. This FPSO, located 200 kilometers … Read the full press release

European Energy Ministers Visit Central Europe’s Largest Green Hydrogen Plant at MOL Group’s Danube Refinery

(IN BRIEF) European energy ministers recently visited MOL Group’s green hydrogen plant in Százhalombatta, Hungary, Central Europe’s largest facility of its kind, during the Central and South-Eastern Europe Energy Connectivity (CESEC) meeting. The 10-megawatt plant produces 1,600 tonnes of green … Read the full press release

Terna’s Innovation Zone Forum in San Francisco Unites Energy Innovators for Sustainable Transition

(IN BRIEF) Terna, the Italian transmission system operator, hosted the Innovation Zone Forum in San Francisco, aimed at fostering collaboration in the energy sector. The two-day event gathered startups, investors, and energy leaders to discuss challenges and innovative technologies for … Read the full press release

Ørsted Partners with Brookfield to Expand Renewable Energy Portfolio in UK Offshore Wind

(IN BRIEF) Ørsted has entered a partnership with Brookfield, resulting in Brookfield acquiring a 12.45% minority stake in four of Ørsted’s operational UK offshore wind farms—Hornsea 1, Hornsea 2, Walney Extension, and Burbo Bank Extension—totaling approximately 3.5 GW in capacity. … Read the full press release

Cogefeed Debuts on Euronext Growth Milan, Advancing its Renewable Energy Expansion

(IN BRIEF) Cogefeed has officially listed on the professional segment of Euronext Growth Milan, marking its entry as the 18th company on this market in 2024 and the 39th listing on Euronext overall this year. Known for its focus on … Read the full press release

Angelicoussis Group’s Maran Tankers Taps GTT for LNG Dual-Fuel Suezmax Fleet Support, Strengthening Sustainable Maritime Operations

(IN BRIEF) GTT has entered into a technical services contract with Maran Tankers, part of the Angelicoussis Group, to support its upcoming fleet of eight LNG dual-fuel Suezmax vessels, which were ordered in 2023 from New Times Shipyard in China. … Read the full press release