(IN BRIEF) The Johan Castberg partnership, consisting of Equinor, Vår Energi, and Petoro, has announced an upward revision of the project’s cost estimate, with an increase of nearly NOK 13 billion compared to the previous year. Despite these cost escalations, … Read the full press release
(IN BRIEF) His Majesty King Felipe VI of Spain held an audience with the Executive Committee of SEAT S.A., led by its President, Wayne Griffiths, at Palacio Albéniz in Barcelona. During the meeting, SEAT S.A. executives updated the King on … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Spain, Technology, Transportation & Logistics
Tagged electric mobility, Executive Committee, King Felipe VI, partnership, PowerCo, SEAT S.A., sustainability, Volkswagen Group, Wayne Griffiths
(IN BRIEF) NatWest Group has announced an expanded collaboration with Amazon Web Services (AWS) to accelerate the use of artificial intelligence (AI), including AWS’s generative AI solutions, to help 10 million people manage their financial wellbeing by the end of … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Environment, Financial, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged AI, aws, Financial Wellbeing, NatWest Group, partnership, Scott Marcar, Swami Sivasubramanian
(IN BRIEF) The DemoSATH floating offshore wind project, led by Saitec Offshore Technologies in collaboration with RWE and KEPCO, has achieved a significant milestone by commencing electricity generation. Located off the Basque coast, the DemoSATH platform features a 2 MW … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain
Tagged clean energy, David Carrascosa, DemoSATH, floating offshore wind project, Kazumi Ogura, KEPCO, partnership, RWE, Saitec Offshore Technologies, Spain, sustainability, Sven Utermöhlen
(IN BRIEF) Audi is enhancing the electric vehicle charging experience by partnering with Vodafone to develop an interactive augmented reality (AR) app at its Nuremberg charging hub. The charging hub provides premium amenities such as workstations, a meeting room, a … Read the full press release
(IN BRIEF) Bentley Motors has partnered with acclaimed fashion designer Supriya Lele to showcase a unique collaboration at London Fashion Week for the Spring/Summer 2024 season. As part of their shared commitment to craft, excellence, heritage, and luxury, Lele used … Read the full press release
(IN BRIEF) Lloyds Banking Group has made a strategic investment of €3 million in Enigio, a technology company specializing in digital documentation for trade transactions. This investment will support the expansion of Enigio’s trace:original solution, which eliminates the need for … Read the full press release
(IN BRIEF) Berlin celebrates the completion of its new S-Bahn fleet with all 106 trains now in service, offering passengers enhanced comfort and convenience. These state-of-the-art trains feature air conditioning, advanced passenger information systems, and security cameras, providing a significant … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Transportation & Logistics
Tagged Berlin, Brandenburg, Deutsche Bahn, Elmar Zeiler, Guido Beermann, Jure Mikolčić, Manja Schreiner, partnership, Peter Buchner, Public Transport Service, S-Bahn, Siemens, Siemens Mobility, Stadler, sustainability, train, Ute Bonde
(IN BRIEF) Amundi, Europe’s largest asset manager, and Sand Grove Capital Management LLP have unveiled the Amundi Sand Grove Event Driven Fund. This fund, available on the Amundi Alternatives UCITS platform, focuses on a global event-driven equity strategy with a … Read the full press release
Posted in Banks, Business, Financial, France, Investment, Management, Media, News, United Kingdom
Tagged Amundi, Credit Agricole, Event-Driven Equity, Nathanaël Benzaken, partnership, Sand Grove Capital, Simon Davies, sustainability, UCITS Fund
(IN BRIEF) Siemens Mobility has completed the initial test runs for its hydrogen-powered Mireo Plus H train in Bavaria, Germany. This two-car trainset is set to begin passenger service in mid-2024, operating on routes between Augsburg and Füssen and Augsburg … Read the full press release
(IN BRIEF) Terna, Italy’s national grid operator, is continuing its modernization efforts for the electricity grid in the metropolitan area of Naples. This phase involves replacing a 5 km underground cable with a more reliable and sustainable XLPE (cross-linked polyethylene) … Read the full press release
(IN BRIEF) Terna, in collaboration with the Autonomous Province of Bolzano, has signed an agreement to facilitate the restructuring of the electricity grid in the Eisack Valley. The project, with an investment of 300 million euros, involves the demolition of … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News
Tagged Arno Kompatscher, Bolzano, Eisack Valley, electricity grid, Enrico Maria Carlini, Ferdinando Stablum, Flavio Ruffini, Giuliano Vettorato, partnership, restructuring, sustainability, Terna, Walter Baumgartner
(IN BRIEF) DNV has awarded Approval in Principle (AIP) to HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and its subsidiaries, HD Hyundai Heavy Industry (HD HHI) and Hyundai Mipo Dockyard (HMD), for their groundbreaking hydrogen system. HD KSOE aims … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Norway, Technology, Transportation & Logistics
Tagged DNV, Dr. Sungjun Kim, HD HHI, HD KSOE, HMD, Hydrogen Transport System, innovative, Lars Blum, Maria Gonzalez-Perez, partnership, Samuel Zouaghi, sustainability, Vidar Dolonen
(IN BRIEF) ORLEN, a prominent energy company, has nearly doubled its retail network in Slovakia this year, with all 90 stations now operating under the ORLEN brand. Following this successful rebranding, ORLEN plans to enhance its non-fuel product offerings and … Read the full press release
Posted in Automotive, Business, Construction, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland, Retail, Slovakia, Technology, Transportation & Logistics
Tagged alternative fuels, Daniel Obajtek, electric mobility, electric vehicle chargers, ORLEN, partnership, Poland, retail, Slovakia, sustainability
(IN BRIEF) TotalEnergies, Petrobras, and Casa dos Ventos Holding have entered into a Memorandum of Understanding (MoU) to explore collaborative opportunities in the renewable energy and low-carbon hydrogen sectors in Brazil. Under this agreement, the three companies will jointly investigate … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Brazil, Casa dos Ventos, Casa dos Ventos Holding, low-carbon hydrogen, partnership, Patrick Pouyanné, Petrobras, renewable energy, sustainability, TotalEnergies
(IN BRIEF) Equinor, in collaboration with KUFPEC Norway, has submitted a plan for the development and operation (PDO) of the Eirin gas field, set to deliver a significant supply of natural gas to Europe. With recoverable reserves of approximately 27.6 … Read the full press release
(IN BRIEF) BAE Systems and Larsen & Toubro (L&T) have entered into a licensing and manufacturing agreement to introduce the BvS10 all-terrain vehicle to the Indian market. The vehicle, named BvS10-Sindhu for the Indian Armed Forces, has been upgraded to … Read the full press release
Posted in Automotive, Business, Defence, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics, United Kingdom
Tagged 'BvS10-Sindhu', All-Terrain Vehicle, BAE Systems, Indian Armed Forces, Larsen & Toubro, Mr. Arun Ramchandani, partnership, sustainability, Tommy Gustafsson-Rask
(IN BRIEF) Siemens has secured two significant orders to establish electric bus (e-bus) charging infrastructure in two German cities, Hamburg and Saarlouis. In Hamburg, Siemens will continue to support Hamburger Hochbahn AG, one of the country’s largest public transport companies, … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged charging infrastructure, electric bus, electromobility, Emission Reduction, Germany, Hamburg, Hamburger Hochbahn AG, Markus Mildner, partnership, Saarlouis, Siemens, sustainability
(IN BRIEF) LG Chem, South Korea’s leading chemicals producer, and Italian energy group Eni Sustainable Mobility have announced their joint exploration of developing and operating a new biorefinery at LG Chem’s Daesan chemical complex in South Korea. The project aims … Read the full press release
Posted in Business, Chemicals, Construction, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News
Tagged biorefinery, Daesan, Eni, LG Chem, partnership, plastics, South Korea, sustainability, sustainable fuels
(IN BRIEF) Vattenfall, a leading energy company, has exercised its right of entry to develop the N-6.6 offshore wind power project, also known as “Nordlicht II,” off the German North Sea coast. This decision comes as part of the tender … Read the full press release
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