Category Archives: Energy, Gas & Oil

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

Massy Wood to deliver new engineering and topsides enhancements for bpTT as Juniper project moves into execution

(IN BRIEF) Massy Wood has been awarded an EPC and commissioning contract for major brownfield upgrades to bp Trinidad and Tobago’s Juniper platform, part of the offshore Ginger development. The scope includes detailed engineering and the installation of new topsides … Read the full press release

EIB Financing Strengthens Xeltis’ Path Toward Market Approval for Breakthrough Hemodialysis Technology

(IN BRIEF) EIB is providing up to €37.5 million in venture debt to Xeltis as part of a new €50 million financing package that will help bring aXess, the company’s regenerative vascular access conduit, to market. The investment follows excellent … Read the full press release

Andritz PrimePress X Start-Up Delivers Record Line Load and Efficiency Gains at Paper Corea

(IN BRIEF) ANDRITZ has started up a PrimePress X shoe press at Paper Corea’s Gunsan mill, achieving the highest line load ever installed in South Korean paper production. The new system is already delivering major improvements, including more than 5% … Read the full press release

Early Start-Up of Congo LNG Phase 2 Expands Production Capacity and Positions Eni for First LNG Export in 2026

(IN BRIEF) Eni has begun Phase 2 of the Congo LNG project ahead of schedule following the arrival of the Nguya FLNG unit and the introduction of gas into the new offshore system. The expanded configuration includes three production platforms, … Read the full press release

Launch of Qivalis Marks Major Step Toward a Euro-Backed Stablecoin as BNP Paribas Enters Ten-Bank Initiative

(IN BRIEF) BNP Paribas has become the tenth member of a European banking consortium developing a MiCAR-compliant euro-backed stablecoin through a newly created Netherlands-based entity, Qivalis. The initiative aims to strengthen Europe’s digital payment capabilities, provide a secure on-chain alternative … Read the full press release

EIB and AfDB Back Major Expansion of Cabo Verde’s Cabeólica Wind Project to Boost National Clean-Energy Supply

(IN BRIEF) Cabo Verde has inaugurated new wind turbines and a major battery storage system as part of the expansion of the long-established Cabeólica renewable energy project. Supported by more than €39 million in new financing from the European Investment … Read the full press release

New EIB Financing Boosts Ocean Winds’ 390 MW BC-Wind Development and Strengthens Poland’s Renewable Energy Transition

(IN BRIEF) The European Investment Bank has committed €600 million to the 390 MW BC-Wind offshore wind farm developed by Ocean Winds, becoming the project’s largest lender and reinforcing its deep involvement in Poland’s renewable energy expansion. Scheduled to begin … Read the full press release

Strategic Agreement Between EIB and Crédit Agricole CIB Expands Access to Wind Sector Financing to Accelerate EU Renewable Targets

(IN BRIEF) The European Investment Bank and Crédit Agricole CIB have signed a major risk-sharing agreement to boost wind energy investment across the European Union. The EIB will provide a €500 million counter-guarantee that will enable Crédit Agricole CIB to … Read the full press release

EIB Approves €300 Million Financing Programme to Advance Prysmian’s European R&D for Energy and Digital Networks

(IN BRIEF) The European Investment Bank has approved a €300 million financing package for Prysmian, with the first €200 million tranche now signed, to support the company’s European R&D activities from 2025 to 2028. The funding will accelerate development of … Read the full press release

New Joint Agreement Strengthens TotalEnergies–TES Partnership and Positions Live Oak as a Key Source of Carbon-Neutral Gas for Japan

(IN BRIEF) TotalEnergies, TES, Osaka Gas, Toho Gas, and ITOCHU have entered a Joint Development and Operating Agreement for the Live Oak e-NG project in Nebraska, giving the Japanese partners a collective 33.3% stake. TotalEnergies and TES each retain 33.35%. … Read the full press release

Groupe BPCE Signs 20-Year Agreement with H2air to Source Renewable Electricity from the Bleuets Wind Farm

(IN BRIEF) Groupe BPCE has signed a 20-year Corporate Power Purchase Agreement with renewable energy producer H2air for electricity from the seven-turbine Bleuets wind farm in Hauts-de-France. Beginning January 1, 2026, the agreement will supply an estimated 49 GWh of … Read the full press release

EDF Expands Smart Charging Access to myenergi zappi and Hypervolt Drivers to Boost Savings and Off-Peak Flexibility

(IN BRIEF) EDF has expanded its Smart Charging service to support myenergi zappi and Hypervolt EV chargers, giving more electric vehicle owners access to off-peak charging rates throughout the day. Customers on the GoElectric or EVolve tracker tariffs can now … Read the full press release

New Joint Venture Adura Unifies Equinor and Shell’s UK Offshore Operations to Strengthen Long-Term North Sea Competitiveness

(IN BRIEF) Equinor and Shell have combined their UK offshore oil and gas activities to create Adura, a jointly owned company that is now the largest independent producer in the UK North Sea. Led by CEO Neil McCulloch, Adura inherits … Read the full press release

RWE Advances £200 Million Pembroke Battery Storage Project to Strengthen UK Grid Flexibility and Support Wales’ Net Zero Goals

(IN BRIEF) RWE has taken the final investment decision on its £200 million Pembroke Battery Storage project, the company’s largest UK storage development to date and a cornerstone of the Pembroke Net Zero Centre in South Wales. The project, which … Read the full press release

Biodegradable smart tag from Empa, EPFL and CSEM enables real-time monitoring of sensitive goods

(IN BRIEF) A collaboration between Empa, EPFL and CSEM has resulted in a fully biodegradable smart sensing tag designed to monitor temperature and humidity during transport and record whether critical temperature thresholds have been breached. Developed through the Swiss-funded Greenspack … Read the full press release

European Water4ALL projects move forward with Dutch-backed research to improve reuse, recovery and long-term water security

(IN BRIEF) The Water4ALL Partnership is launching its third funding round under Water for a Circular Economy, with NWO awarding nearly €3.4 million to Dutch-linked proposals. Twenty-seven international projects have been selected, including ten involving Dutch research teams, with work … Read the full press release

Yorkshire flagship office modernised for future growth as Lloyds Banking Group invests in sustainability and next-generation talent

(IN BRIEF) Lloyds Banking Group has completed a £116 million refurbishment of its Halifax headquarters, creating a future-focused workspace for 3,500 employees while preserving one of the region’s most recognisable buildings. The Trinity Road site, first opened in 1974 by … Read the full press release

Kering and NUS study finds Asia-Pacific firms improving water efficiency but lagging in full-value-chain stewardship

(IN BRIEF) Kering and the Centre for Governance and Sustainability at NUS Business School have released their second joint study on water stewardship, highlighting an improvement in water-efficiency measures across Asia-Pacific companies but identifying major gaps in supply-chain integration, watershed … Read the full press release

Quarry Life Award spotlight: post-mining restoration in Poland wins Grand Prize as Heidelberg Materials advances nature-positive goals

(IN BRIEF) Heidelberg Materials has announced winners of the sixth Quarry Life Award, recognising seven biodiversity projects from across the globe. With more than 130 submissions and 56 implemented field projects, the competition continues to drive scientific insight and on-site … Read the full press release

Borealis recognised with Stellantis CSR Supplier of the Year Award and named top-tier partner in South America region

(IN BRIEF) Borealis has received the Stellantis Supplier of the Year Award for Corporate Social Responsibility and was ranked among the top three Stellantis suppliers for the South America region, marking a notable achievement as the only advanced plastics company … Read the full press release