Category Archives: Energy, Gas & Oil

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

Tri-State Partners with JUWI Inc. to Introduce Groundbreaking Solar Initiatives

(IN BRIEF) Tri-State Generation and Transmission Association, a prominent energy entity, has forged a groundbreaking partnership with JUWI Inc., marking a monumental shift towards renewable energy endeavors. Their collaboration culminated in the acquisition of two solar projects in western Colorado: … Read the full press release

Chile’s Renewable Energy Boost: PowerTree Selects AFRY for Solar Portfolio Engineering

(IN BRIEF) PowerTree, a global renewable energy company, has partnered with AFRY to construct a 45MW solar portfolio in Chile, aiming to integrate clean energy into the national grid. As an Independent Power Producer (IPP), PowerTree specializes in solar development … Read the full press release

Stora Enso and Altris Unite to Drive Eco-Friendly Battery Solutions in Europe

(IN BRIEF) Stora Enso and Altris, a Swedish sodium-ion battery developer, have joined forces to propel the advancement and commercialization of a sustainable battery value chain in Europe. The collaboration centers on integrating Stora Enso’s Lignode®—a sustainable hard carbon derived … Read the full press release

Airbus H145 Helicopters Chosen by HTM for Offshore Wind Transport Solutions

(IN BRIEF) HTM Helicopters has initiated an order for an Airbus H145 helicopter, with an option for two more of the same model, to bolster their fleet for offshore wind operations along the coasts of Germany and France. Bernd Brucherseifer, … Read the full press release

ANDRITZ Plays Key Role in Expanding Türkiye’s Renewable Energy Infrastructure with Silvan Hydropower Plant

(IN BRIEF) The Turkish water authority, Devlet Su İşleri (DSI), has chosen international technology group ANDRITZ to provide electro-mechanical equipment for the new 160 MW Silvan hydropower plant in Türkiye. ANDRITZ will supply turbines, generators, and associated equipment for the … Read the full press release

DNV and PETRONAS Collaborate to Drive Sustainability in Malaysia’s Energy Sector

(IN BRIEF) DNV and PETRONAS CCS Ventures have solidified their collaboration with the signing of a Master Price Agreement aimed at certifying carbon dioxide (CO2) storage sites and associated facilities for carbon capture and storage (CCS) projects in Malaysia. Building … Read the full press release

Vattenfall Celebrates Diversity Month and Prepares for Pride Season 2024

(IN BRIEF) Vattenfall recently concluded its Diversity Month, a series of events aimed at highlighting the various dimensions of diversity within the company. From gender and sexual orientation to ethnicity and worldview, the initiative emphasized the importance of equity in … Read the full press release

EBRD Mobilizes Funding to Strengthen Ukraine’s Energy Security

(IN BRIEF) In response to recent attacks by Russia on Ukraine’s energy infrastructure, the European Bank for Reconstruction and Development (EBRD) has pledged over €300 million in additional funding to support the country’s state-owned energy companies. This commitment, formalized through … Read the full press release

Infineon Introduces CoolGaN™ BDS and Smart Sense: Advancing Power Solutions

(IN BRIEF) Infineon Technologies AG has announced the release of two groundbreaking CoolGaN™ product technologies: CoolGaN bidirectional switch (BDS) and CoolGaN Smart Sense, designed to revolutionize power management solutions. The CoolGaN BDS series offers superior soft- and hard-switching capabilities across … Read the full press release

Neste and Valtra Partnership: Driving Global Sustainability with Renewable Diesel

(IN BRIEF) In a significant stride towards sustainability, Finnish tractor manufacturer Valtra, a division of AGCO Corporation, proudly announces the utilization of 5 million liters of Neste MY Renewable Diesel™ at its Suolahti factory in Finland. Collaborating with Neste since … Read the full press release

Neste’s Porvoo Refinery: Major Turnaround Concludes with €390 Million Investment, Sustains Uninterrupted Operations

(IN BRIEF) Neste’s Porvoo refinery in Finland successfully concluded a major turnaround, highlighting a strategic shift to shorter maintenance intervals for enhanced cost-effectiveness and risk management. With over 7,600 individuals involved and 1.4 million working hours invested, the refinery emerged … Read the full press release

Strategic Partnership: bp Leads Efforts as GTA Phase 1 LNG Development Nears Completion

(IN BRIEF) The successful arrival of the FPSO vessel marks a significant milestone for the Greater Tortue Ahmeyim (GTA) Phase 1 LNG development, situated offshore Mauritania and Senegal. The vessel, an integral part of the project, has been securely moored … Read the full press release

TotalEnergies Strengthens Commitment to Decarbonization Through New LNG Contracts in India and Korea

(IN BRIEF) TotalEnergies has announced two pivotal LNG contracts in Asia, signifying a strategic expansion in its LNG business. The agreements include a sales and purchase agreement (SPA) with Indian Oil Corporation (IOCL) for the delivery of up to 800,000 … Read the full press release

Equinor’s Strategic Move: Eirin Field Development and Ownership Equilibrium

(IN BRIEF) Equinor has announced the sale of 19.5% interests in production licenses PL 048E, home to the Eirin field, and PL 1201 to PGNiG Upstream Norway AS (PGNiG), effectively balancing ownership with the Gina Krog field. The approval of … Read the full press release

Equinor ASA Appoints Tone Hegland Bachke and Fernanda Lopes Larsen to Board of Directors

(IN BRIEF) Equinor ASA welcomed Tone Hegland Bachke and Fernanda Lopes Larsen as new members of its board of directors during a recent corporate assembly meeting on June 4, 2024. The assembly also re-elected Jon Erik Reinhardsen as chair and … Read the full press release

Utilitas Wind and Latvenergo AS Partner with Vestas for Major Baltic Wind Project

(IN BRIEF) Vestas secures a 124 MW wind energy project order in Telsiai, Lithuania, from Utilitas Wind and Latvenergo AS, marking a significant advancement in the Baltic region’s renewable energy capacity. The order includes 20 V162-6.2 MW wind turbines, with … Read the full press release

Fortum Embarks on a New Chapter: Integrating Hydropower Maintenance Team for Enhanced Efficiency and Community Focus

(IN BRIEF) Fortum marks a significant milestone today as it integrates 250 employees into its hydropower operations and maintenance team across Sweden and Finland. A decade ago, Fortum outsourced these functions but revisited the decision in 2023, opting to bring … Read the full press release

Utility Revolution: EDF Transitions Five Million Meter Points with Accenture-Kraken Alliance

(IN BRIEF) Accenture and Kraken Technologies have joined forces to assist EDF’s UK retail business in transitioning over five million meter points onto Kraken’s platform, enhancing energy management capabilities. This collaboration, leveraging advanced analytics and AI, aims to streamline operations … Read the full press release

E.ON Forges Ahead with Strategic Leadership Changes

(IN BRIEF) E.ON, a major player in the energy sector, has finalized its board restructuring, appointing Marc Spieker as Chief Operating Officer Commercial and Nadia Jakobi as Chief Financial Officer, underlining a strategic pivot towards sustainable energy solutions. CEO Leonhard … Read the full press release

Neste’s Green Finance Milestones: Accelerating Sustainable Solutions

(IN BRIEF) Neste has released its annual Green Finance Report for 2023, showcasing its dedication to combatting climate change and advancing toward a circular economy. In 2023, Neste achieved significant milestones in its sustainable funding journey, including the establishment of … Read the full press release