(IN BRIEF) Hydro has inaugurated the Høyanger Recycling facility, a significant step in its commitment to decarbonize the aluminium value chain and foster a circular economy. With an investment of NOK 240 million, the purpose-built facility, located near its primary … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Norway, Technology
Tagged decarbonization, Eivind Kallevik, Hydro, Høyanger Recycling facility, partnership, Recycling Capacity, sustainability
(IN BRIEF) ORLEN Group continues its commitment to sustainability with the electrification of the Sleipner field in the North Sea, connecting it to clean energy generated onshore. This initiative will result in the prevention of 160,000 tonnes of carbon dioxide … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Poland
Tagged carbon emissions, Norway, ORLEN Group, partnership, Sleipner Field, sustainability
(IN BRIEF) During Singapore Maritime Week, DNV awarded Australian company Fortescue with class and statutory certificates for its revolutionary dual-fuelled ammonia-powered ship, the ‘Green Pioneer’. This achievement marked the culmination of a project initiated in 2021, with DNV engaged to … Read the full press release
(IN BRIEF) The GTT Group has announced the appointment of Jean-Baptiste Choimet as its new Chief Executive Officer effective June 12, 2024. Currently serving as a member of GTT’s Executive committee and Managing Director of Elogen, a subsidiary specializing in … Read the full press release
Posted in Business, Energy, Gas & Oil, France, Industrial, Management, News
Tagged appointment, Catherine Ronge, CEO, Chairman, GTT Group, Jean-Baptiste Choimet, leadership, Philippe Berterottière
(IN BRIEF) Katya Somohano Silva has been appointed as the CEO of Iberdrola Mexico, tasked with leading the company’s new phase of growth in the country. Backed by the support of the Iberdrola Group and a dynamic local team, Somohano … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, News, Spain
Tagged appointment, CEO, Iberdrola Mexico, Ignacio Galán, Katya Somohano Silva, leadership
(IN BRIEF) Svenska kraftnät, the Swedish state-owned enterprise, is embarking on an ambitious project called NordSyd to enhance the transmission network between electricity areas 2 and 3, aimed at facilitating the energy transition. AFRY has secured the contract for constructing … Read the full press release
(IN BRIEF) The Düsseldorf Marathon, sponsored by international energy company Uniper, is set to make a triumphant return to the city on April 27, 2025, after a hiatus of six years. With Uniper’s support and the full organizational reins taken … Read the full press release
Posted in Business, Energy, Gas & Oil, Entertainment, Financial, Germany, Government, Industrial, Investment, Management, Media, News
Tagged Burkhard Hintzsche, Dr. Stephan Keller, Düsseldorf Marathon, event, Michael Lewis, partnership, Uniper
(IN BRIEF) ANDRITZ, an international technology group, and Trinity Touch Pvt. Ltd., a leading provider of electrical monitoring solutions for solar power plants, have joined forces in a strategic partnership aimed at enhancing efficiency and security in the solar energy … Read the full press release
(IN BRIEF) In a landmark move towards sustainable transportation, the Nordic Investment Bank (NIB), the European Investment Bank (EIB), and LTG Link have sealed a financing deal to procure electric and battery-powered trains. With loans totaling €200 million, nine electric … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News, Transportation & Logistics
Tagged Egidijus Lazauskas, EIB, Electric Train, Jeanette Vitasp, Lithuania, LTG Link, Marius Skuodis, NIB, partnership, Rail Revolution, sustainability, Thomas Östros
(IN BRIEF) In a move to enhance operational efficiency and focus on delivering its priorities, bp announces a simplification of its organizational structure. The company will maintain three core businesses – production & operations, gas & low carbon energy, and … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, United Kingdom
Tagged Anja-Isabel Dotzenrath, appointments, BP, Carol Howle, Emeka Emembolu, Emma Delaney, ENERGY, gas, Giulia Chierchia, Gordon Birrell, Kate Thomson, Kerry Dryburgh, leadership, Leigh-Ann Russell, low carbon energy, Mike Sosso, Murray Auchincloss, organisational structure, William Lin
(IN BRIEF) Equinor faced a devastating blow in the first quarter with the loss of a colleague in a helicopter crash, underscoring the paramount importance of safety measures across its operations. While investigations continue into the accident involving Bristow, Equinor … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, News, Norway, Security & Safety
Tagged Equinor, Jannicke Nilsson, Safety Priorities, Tragic Helicopter Accident
(IN BRIEF) Feka Automotive, a prominent Serbian automotive lighting producer with ties to major global car manufacturers, including Toyota and Volkswagen, is set to undergo a significant expansion with the support of a €15 million loan from the European Bank … Read the full press release
Posted in Automotive, Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Serbia, Technology, United Kingdom
Tagged automotive, EBRD, ENERGY, expansion, Feka Automotive, partnership, SERBIA, Stellantis, sustainability, Toyota, Volkswagen
(IN BRIEF) In a landmark move, the European Investment Bank (EIB) has granted a €150 million loan to Bhutan, marking its first-ever investment in the country. This funding aims to bolster Bhutan’s renewable energy sector, particularly through the development of … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Bhutan, carbon neutrality, EIB, investment, Leki Wangmo, Lyonpo Lekey Dorji, Markus Berndt, Nadia Calviño, partnership, renewable energy, sustainability
(IN BRIEF) Fortum embarks on a EUR 20 million investment to modernize the historic Malta hydropower plant in Uvån, Sweden, dating back to 1914. This extensive modernization aims to enhance the plant’s efficiency, extend its lifespan, and increase annual production … Read the full press release
(IN BRIEF) MYTILINEOS Energy & Metals, in collaboration with Protergia and Powerledger, introduces groundbreaking energy provenance tracking and tracing features in Greece. This innovative partnership empowers consumers to track their energy sources in near real-time, visualize their carbon footprint, and … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Financial, Government, Greece, Industrial, Investment, Management, News, Technology
Tagged ENERGY, Greece, MYTILINEOS, partnership, Powerledger, Protergia, sustainability
(IN BRIEF) The European Investment Bank (EIB) is providing a €400 million loan to Thüringer Energie AG (TEAG), a municipal energy supplier in Thuringia, Germany, to upgrade and digitize the electricity grid. This investment, totaling around €600 million, aims to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, Germany, Green Energy, Grid Expansion, Nicola Beer, partnership, Stefan Reindl, sustainability, Thüringer Energie AG, Thuringia
(IN BRIEF) A new study by DNV reveals that collaborative efforts towards decarbonizing the energy supply in ASEAN member states could lead to a staggering reduction of USD 800 billion in costs by 2050. The study contrasts three scenarios: individual … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Norway
Tagged ASEAN, Brice Le Gallo, decarbonization, DNV, Mats de Ronde, partnership, sustainability
(IN BRIEF) British International Investment (BII) and FMO have collaborated to provide a joint loan commitment of US$50 million to BECIS, a leading Energy as a Service (EaaS) provider in South-East Asia. This financing will support BECIS’ ambitious plans to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology, United Kingdom
Tagged BECIS, British International Investment (BII), clean energy, Eren Ergin, expansion, FMO, INDIA, Indonesia, Jeesun Han, Malaysia, partnership, PHILIPPINES, South-East Asia, Srini Nagarajan, sustainability, THAILAND, Vietnam
(IN BRIEF) Hydro Energi AS recently finalized a significant long-term power purchase agreement (PPA) with Swiss energy provider Alpiq, spanning from 2025 to 2033. The agreement entails the delivery of 0.54 TWh of power, contributing to Hydro’s Nordic power portfolio, … Read the full press release
(IN BRIEF) VINCI, a leading infrastructure and construction company, has completed a €50 million investment in NatPower SA, a renewable energy platform operating in Italy, Great Britain, and the United States. This investment involves acquiring 10% of NatPower SA’s share … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, United Kingdom
Tagged Fabrizio Zago, Great Britain, Italy, NatPower SA, partnership, renewable energy, sustainability, United States, VINCI
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