(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
(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
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, Media, News, Technology
Tagged Energy Innovators, Giuseppina Di Foggia, Innovation Zone Forum, partnership, San Francisco, sustainability, sustainable transition, Terna
(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
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged acquisition, Brookfield Asset Management, Connor Teskey, Mads Nipper, partnership, renewable energy, sustainability, UK Offshore Wind, Ørsted
(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
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, International Trade, Investment, Italy, Management, News, Technology
Tagged Cogefeed, Daniele Filizola, Euronext, expansion, Milan, partnership, renewable energy, sustainability
(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
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Greece, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Angelicoussis Group, Greece, GTT, Jean-Baptiste Choimet, LNG Dual-Fuel Suezmax Fleet Support, Maran Tankers, Maritime Operations, Mark Pearson, partnership, sustainability
(IN BRIEF) Stadtwerke Düsseldorf, in partnership with Henkel and Bilfinger, is developing a new energy center to supply sustainable district heating to Düsseldorf’s southern districts. Using waste heat from Henkel’s power plant, the facility will reduce the city’s reliance on … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Bilfinger, CO₂ emissions, Energy Center, Henkel, Industrial Waste Heat, Julien Mounier, partnership, Stadtwerke Düsseldorf, sustainability, Thomas Schulz
(IN BRIEF) Schouw & Co., a Danish industrial conglomerate, has entered into a 10-year Power Purchase Agreement (PPA) with ENCAVIS AG, a renewable energy provider in Germany, to power its European operations with green energy. Beginning in 2025, Schouw & … Read the full press release
(IN BRIEF) Linde has started supplying industrial gases to PT Freeport Indonesia, a subsidiary of Freeport-McMoRan Inc., via a newly constructed air separation unit (ASU), the largest in Indonesia and Southeast Asia. The $120 million ASU provides oxygen and nitrogen … Read the full press release
(IN BRIEF) Wood has been awarded a substantial contract by Aramco to provide engineering and project management consultancy services for the Southern and Northern Areas gas increments in Saudi Arabia. The seven-year project, involving over one million engineering hours, will … Read the full press release
(IN BRIEF) RWE has partnered with leading marine scientists to launch the SeaMe project at its Kaskasi offshore wind farm, aiming to monitor biodiversity through an ecosystem-based approach. This three-year initiative employs advanced monitoring tools like AI-driven drones, underwater vehicles, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Science, Technology
Tagged Ecosystem-Based Monitoring, Kaskasi offshore wind farm, Marine Science Experts, partnership, RWE, SeaMe project, sustainability, Sven Utermöhlen
(IN BRIEF) Researchers at the Technical University of Munich (TUM) have developed a new chemical method that dramatically extends the lifespan of zinc-ion batteries, potentially reaching hundreds of thousands of charge cycles. This innovation uses a special protective layer on … Read the full press release
(IN BRIEF) Maersk and Danone have partnered to cut greenhouse gas emissions in Danone’s logistics operations by using Maersk’s ECO Delivery Ocean service, which relies on bio-based fuels made from waste feedstocks. This collaboration, part of Danone’s commitment to reach … Read the full press release
(IN BRIEF) OMV has entered power purchase agreements with VERBUND and ImWind to secure 67 GWh of renewable electricity each year, meeting over 35% of its Schwechat refinery and Adria Wien Pipeline’s power needs. The supply, 65% from hydropower and … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Alfred Stern, decarbonization, ImWind, OMV, partnership, renewable energy, sustainability, VERBUND
(IN BRIEF) Stora Enso is acquiring Finnish sawmill company Junnikkala Oy to secure a reliable wood supply for its packaging board production in Oulu and to support its wood products division with enhanced resources. The acquisition, valued up to EUR … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Investment, Management, News, Technology
Tagged acquisition, Finland, Hans Sohlström, Junnikkala Oy, partnership, Sawmilling Operations, Stora Enso, sustainability, wood supply
(IN BRIEF) Helen has commissioned AFRY to conduct a feasibility study for a large-scale green hydrogen production plant in Helsinki. This study will evaluate the conditions for producing green hydrogen effectively, supporting Helen’s goal to offer carbon-neutral district heating, cooling, … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AFRY, Finland, Helen, Hydrogen Production Plant, Ilkka Heikkilä, partnership, Sari Mannonen, sustainability
(IN BRIEF) Horizon Energy Ventures and Landis+Gyr have joined forces to expand workplace EV charging solutions across the UK, blending Horizon’s expertise in sustainable finance with Landis+Gyr’s advanced energy management technology. This collaboration aims to accelerate the rollout of efficient, … Read the full press release
(IN BRIEF) ACEA has secured €500 million in financing from the European Investment Bank (EIB) and Cassa Depositi e Prestiti (CDP), backed by SACE, to upgrade the electricity distribution network managed by Areti in Rome and Formello. This investment, aimed … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News, Technology
Tagged ACEA, Alessandra Ricci, Cassa Depositi e Prestiti (CDP), Dario Scannapieco, EIB, energy infrastructure, Fabrizio Palermo, Gelsomina Vigliotti, investment, partnership, Rome, SACE, sustainability
(IN BRIEF) Neste has announced a new Leadership Team to enhance operational efficiency and performance, effective immediately. Heikki Malinen, President and CEO, will also lead Neste’s Renewable Products business area. Markku Korvenranta has been appointed Executive Vice President of Oil … Read the full press release
(IN BRIEF) Vantage Drilling, an offshore drilling contractor, has listed on Euronext Growth Oslo, achieving a market capitalization of NOK 3.8 billion with an initial share price of NOK 287. This marks the ninth listing on Oslo’s market this year … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, International Trade, Investment, Management, Marketing, News, Norway
Tagged Bermuda, Eirik Høiby Ausland, Euronext, Ihab Toma, market capitalization, Oslo, Vantage Drilling, Øivind Amundsen
(IN BRIEF) JOST, a global leader in safety systems for commercial vehicles, joined the AeroAlliance platform in September 2024. This partnership aims to promote innovative aerodynamic solutions for trailers, targeting reduced energy consumption and improved fleet efficiency. Aligned with the … Read the full press release
Posted in Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged AeroAlliance, Dr. Rainer Buffo, INNOVATION, JOST, Michael Fischer, partnership, sustainability, Trailer Aerodynamics, USA
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