(IN BRIEF) Dürr, a leading mechanical and plant engineering company, reached a significant milestone by producing its 18,000th painting robot for Audi in Ingolstadt. The EcoRP L033i robot, equipped with Dürr’s latest EcoBell4 atomizer featuring 4-main-needle technology, will be installed … Read the full press release
(IN BRIEF) Equinor and Troll partners have committed to investing over NOK 12 billion to enhance the gas infrastructure in the Troll West gas province, aiming to accelerate production from the reservoir and sustain high gas export levels leading up … Read the full press release
(IN BRIEF) Equinor ASA announced an ordinary cash dividend of USD 0.35 per share and an extraordinary cash dividend of USD 0.35 per share for the fourth quarter of 2023. The NOK cash dividend per share is calculated based on … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Norway
Tagged Equinor, Financial, investment
(IN BRIEF) ABB has named Giampiero Frisio as the President of its Electrification Business Area and Brandon Spencer as the President of its Motion Business Area, effective August 1, 2024. Both Frisio and Spencer, currently serving as Division Presidents within … Read the full press release
(IN BRIEF) Vestas embarks on a groundbreaking initiative to pilot Sustainable Aviation Fuel (SAF) at the Baltic Eagle Wind Farm in the Baltic Sea during 2024. The project entails Vestas technicians and jack-up vessel crew utilizing helicopters partly fueled by … Read the full press release
(IN BRIEF) RWE Gas Storage West has launched an initial market survey to gauge future demand for hydrogen storage until June 2024, targeting hydrogen producers, users, industrial companies, and traders. Recognizing hydrogen’s pivotal role in the energy transition, the company … Read the full press release
(IN BRIEF) Borealis, a leading provider of sustainable polyolefins solutions, and Burgenland Energie, Austria’s top wind and solar power producer, have signed their first power purchase agreement (PPA) to drive renewable energy usage. Commencing in January 2026, Burgenland Energie will … Read the full press release
(IN BRIEF) Schneider Electric, a leader in energy management and automation, debuted its latest innovation, the Villaya Flex microgrid solution, at the Alliance for Rural Electrification (ARE) Energy Access Investment Forum 2024 in Lagos, Nigeria. With over 756 million people … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Technology
Tagged Albert Fuchet, Alliance for Rural Electrification (ARE) Energy Access Investment Forum 2024, Bala Vinayagam, Schneider Electric, Villaya Flex Microgrid Solution
(IN BRIEF) Kontron AG, a prominent player in IoT technology, has been authorized to provide smart charging stations for electric vehicles to one of the world’s largest car manufacturers, with series production set to commence in July 2024. Leveraging the … Read the full press release
(IN BRIEF) Patrick Pouyanné, Chairman and CEO of TotalEnergies, along with key stakeholders, met in Luanda to announce the Final Investment Decision (FID) for the Kaminho deepwater project in Angola. TotalEnergies, alongside partners Petronas and Sonangol, will develop the Cameia … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Angola, Diamantino de Azevedo, Gaspar Martins, investment, João Lourenço, Kaminho Project, partnership, Patrick Pouyanné, Paulino Jerónimo, PETRONAS, Sonangol, sustainability, Tan Sri Tengku Muhammad Taufik, TotalEnergies
(IN BRIEF) BAE Systems and Eaton have conducted successful testing of their integrated electric drive system for medium- and heavy-duty commercial trucks at Eaton’s proving grounds in Michigan. The system, tested on a Class 7 demonstration vehicle, met key performance … Read the full press release
(IN BRIEF) Gasum has inaugurated its latest gas filling station in Rovaniemi, Finland, marking the northernmost liquefied gas filling station globally. Positioned strategically in the Teollisuuskylä industrial village area, the station aims to facilitate the transition to biogas-powered vehicles in … Read the full press release
(IN BRIEF) The Lazio Region and Terna, led by Giuseppina Di Foggia, have signed a memorandum of understanding aimed at improving the planning and implementation of new electricity infrastructure while aligning with Italy’s regional environmental energy plan. The agreement involves … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged electricity infrastructure, Elena Palazzo, Enrico Maria Carlini, Giuseppina Di Foggia, Lazio Region, partnership, renewable energy, sustainability, Terna
(IN BRIEF) Fondazione Snam, in collaboration with several partners, has opened applications for “Welfare, che impresa!”, an initiative aimed at promoting social entrepreneurship projects with a positive impact. Now in its eighth edition, the call seeks projects focusing on inclusive … Read the full press release
(IN BRIEF) Snam has revealed the five startups selected for the third edition of HyAccelerator, a global corporate accelerator focused on hydrogen and decarbonisation technology. With over 50 applications received worldwide, the chosen startups represent innovative solutions across the entire … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Industrial, Management, News, Technology
Tagged Awards, HyAccelerator, Hydrogen Innovation, Snam, winners
(IN BRIEF) British Gas has launched the UK’s lowest heat pump rate, aiming to promote the adoption of low carbon technology and make heat pumps more affordable for households. With potential savings of up to £450, the initiative targets reducing … Read the full press release
(IN BRIEF) Qatar Free Zones Authority (QFZ) and Evonik, a leading specialty chemicals company, have signed a Memorandum of Understanding (MoU) at the Qatar Economic Forum to explore investment opportunities focused on sustainable energy transition solutions. The agreement aims to … Read the full press release
(IN BRIEF) Siltronic Portland proudly announces the inauguration of its advanced solar field, underscoring its commitment to sustainability and carbon footprint reduction. CFO Claudia Schmitt emphasizes sustainability as a core value, aligning with Siltronic AG’s ambitious climate action plan to … Read the full press release
(IN BRIEF) In a joint effort, the International Finance Corporation (IFC) and the Italian Climate Fund have announced a substantial investment of $210 million into Eni S.p.A.’s Kenya subsidiary to bolster the production and processing of advanced biofuels. This investment, … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Italy, Management, News
Tagged biofuel, Claudio Descalzi, Eni, expansion, Gilberto Pichetto, International Finance Corporation (IFC), Italian Climate Fund, Kenya, Makhtar Diop, partnership, sustainability
(IN BRIEF) Uniper has entered into a share purchase agreement with Photon Energy Group for the acquisition of a 20.4 MW photovoltaic project in northeastern Poland, expected to close by the end of 2024. The move aligns with Uniper’s strategy … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland
Tagged acquisition, partnership, Pawel Tarczewski, Poland, renewable energy, sustainability, Uniper
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