(IN BRIEF) The European Investment Bank (EIB) has provided a PLN 900 million loan to ORLEN Group for upgrades to Energa’s power grid, marking the first part of a PLN 3.5 billion funding initiative aimed at improving Poland’s energy infrastructure. … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Poland
Tagged EIB, Energa, energy security, Ireneusz Fąfara, Magdalena Bartoś, ORLEN, partnership, Poland, Renewable Energy Grid, sustainability, Teresa Czerwinska
(IN BRIEF) The European Investment Bank (EIB) has approved a €300 million loan to help Red Eléctrica construct the Salto de Chira pumped-storage hydroelectric plant on Gran Canaria. This innovative project integrates a 200 MW power plant with a desalination … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain
Tagged EIB, energy security, Gran Canaria, Hydroelectric Project, Jean-Christophe Laloux, partnership, Roberto García Merino, Salto de Chira, sustainability
(IN BRIEF) Ukrgasbank and PrivatBank are the first two Ukrainian banks to join the European Bank for Reconstruction and Development’s (EBRD) Energy Security Support Facility (ESSF), unlocking €700 million in loans for energy security projects. The EBRD will provide risk-sharing … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Small Business, Technology, Ukraine, United Kingdom
Tagged EBRD, energy security, partnership, PrivatBank, sustainability, UKRAINE, Ukrgasbank
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International have provided a €110 million financing package to build and operate two solar photovoltaic power plants in south-eastern Romania. These plants, with a combined capacity of … Read the full press release
Posted in Energy, Gas & Oil, European Union, Financial, Industrial, Infrastructure & Utilities, Luxembourg, Romania, United Kingdom
Tagged carbon dioxide emissions reduction, climate finance, EBRD, energy security, EU commitments, Favi Stelian, Fit for 55, Ghimpati, green transition, Grzegorz Zielinski, Iepuresti, InvestEU guarantee, Nofar Energy, OY Nofar Energy, Raiffeisen Bank International, renewable energy, REPowerEU, Romania, RTG Solar Energy, solar plants, Solis Imperium, Tel Aviv stock exchange
(IN BRIEF) Edison and Webuild have joined forces to develop pumped hydroelectric projects in Southern Italy, focusing on sites in Pescopagano and Villarosa. These projects aim to generate 500 MW of pumped energy by 2030, supporting Italy’s energy security and … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged economic development, Edison, energy security, Italy, Mr. Nicola Monti, Mr. Pietro Salini, partnership, Pumped Hydroelectric Projects, sustainability, Webuild
(IN BRIEF) Equinor, along with partners Petoro, Vår Energi, and TotalEnergies EP Norge, has commenced production from the first well at the Lavrans field in the Kristin South area, marking the first phase of the Kristin South project. Approved in … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Norway
Tagged Aibel, Aker Solutions, Arne Reidar Mortensen, Åsgard C storage vessel, CO2 emissions, Development Plan, drilling activities, energy security, Equinor, European market, exploration and production, gas, Grete B. Haaland, Kevin Rex Nordlander, Kristin platform, Kristin SEMI, Kristin South area, Lavrans field, Lavrans well, Norwegian Continental Shelf, Norwegian Sea, Norwegian suppliers, oil, OneSubsea, PDO, Petoro, pipeline system, Q-segment, subsea template, TechnipFMC, TotalEnergies EP Norge, Transocean Spitsbergen, Trond Bokn, Vår Energi
(IN BRIEF) The European Investment Bank (EIB) has allocated a €285 million loan to Cepsa for the development of an advanced biofuels plant in Andalusia, Spain, adjacent to the La Rábida Energy Park. In partnership with Bio-Oils, the facility will … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain
Tagged Biofuels Plant, CEPSA, decarbonisation, EIB, energy security, Maarten Wetselaar, partnership, SAF, Spain, sustainability
(IN BRIEF) EIB President Nadia Calviño hosted Ukrainian Prime Minister Denys Shmyhal at the EIB headquarters, marking a significant step in bolstering Ukraine’s energy security amidst ongoing challenges from the war. The meeting saw the signing of a Memorandum of … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Ukraine
Tagged Denys Shmyhal, EIB, energy security, Ihor Syrota, Nadia Calviño, partnership, sustainability, Teresa Czerwinska, UKRAINE, Ukrhydroenergo
(IN BRIEF) The Minister of Environment and Energy Security has granted authorization for Terna’s new electricity connection project linking La Spezia and Arcola (SP). With an investment of 8 million euros, the project will involve the construction of a 4.3 … Read the full press release
(IN BRIEF) In a significant announcement at the United Nations Climate Change Conference (COP28) in Dubai, the European Investment Bank (EIB) revealed its pioneering approach to a just transition and just resilience on a global scale. The EIB Group introduced … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Luxembourg
Tagged Ambroise Fayolle, Climate Action, climate change, COP28, Dubai, EIB, EIB Global, EIB Group Climate Bank Roadmap, energy security, environmental sustainability, European Investment Fund, Gelsomina Vigliotti, green energy transition, green finance, net-zero economy, The EIB Group, The European Investment Bank, Thomas Östros, United Arab Emirates, United Nations Climate Change Conference, Werner Hoyer
(IN BRIEF) Wood, a global engineering and consulting company, has secured a two-year contract extension with Equinor UK Limited to continue supporting safe and reliable energy production at the Mariner field in the UK North Sea. The extension covers operations, … Read the full press release
(IN BRIEF) Eni, an Italian multinational energy company, has entered into an agreement with Swiss firm Open Energy Platform AG (Open EP) to ensure the uninterrupted supply of gas to Switzerland and Italy, particularly in situations involving interruptions or significant … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a €200 million loan to Ukraine’s state-owned gas entity, Naftogaz (NAK), to support the establishment of strategic gas reserves during the second winter heating season since the Russian … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Ukraine, United Kingdom
Tagged Denys Shmygal, EBRD, energy security, Espen Barth Eide, Gas Reserves, Matteo Patrone, Naftogaz, Norway, Odile Renaud-Basso, Oleksiy Chernyshov, partnership, sustainability, the Netherlands, UKRAINE
(IN BRIEF) Equinor and RWE have signed a new supply agreement for natural gas, covering a period of five years starting in October. The agreement entails the supply of 10 to 15 terrawatt hours (TWh) of natural gas annually, strengthening … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Norway
Tagged Andree Stracke, energy security, Equinor, Helge Haugane, natural gas, partnership, RWE, sustainability, transition
(IN BRIEF) RWE, an energy company based in Germany, has signed a new supply agreement with Equinor, a Norwegian energy company, for natural gas. The agreement spans five years, starting in October, with an annual volume ranging from 10 to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Norway
Tagged Andree Stracke, energy security, Equinor, Germany, Helge Haugane, Natural Gas Supply, Norway, partnership, RWE, sustainability, transition
(IN BRIEF) The ORLEN Group has added two new liquefied natural gas (LNG) vessels, ‘Saint Barbara’ and ‘Ignacy Łukasiewicz,’ to its fleet. These vessels, constructed by Hyundai Samho Heavy Industries, will commence sea service by the end of the year, … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Poland, Transportation & Logistics
Tagged Daniel Obajtek, energy security, Grażyna Gęsicka, Hyundai Samho Heavy Industries shipyard, Ignacy Łukasiewicz, Lech Kaczyński, liquefied natural gas, LNG, LNG shipments, LNG vessels, Mokpo, ORLEN Group, Saint Barbara, ship, South Korea
(IN BRIEF) Grain LNG, Europe’s largest liquefied natural gas (LNG) terminal, has launched an auction for 375 GWh/d (approximately 9 million tonnes per annum) of existing capacity. Running from September 14 to November 23, 2023, this initiative, comprising three capacity … Read the full press release
(IN BRIEF) The ORLEN Group is strengthening its presence in Norway and preparing to launch production from the Tommeliten Alpha field, which will yield an additional 0.5 billion cubic meters of natural gas annually. This is part of a series … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Poland
Tagged Daniel Obajtek, energy security, Norway, ORLEN Group, partnership, Poland, sustainability, Tommeliten Alpha
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a €100 million emergency liquidity loan to JSC Elektrani na Severna Makedonija (ESM), the public electricity utility of North Macedonia. This loan aims to enhance ESM’s financial stability, … Read the full press release
(IN BRIEF) Global consulting and engineering company, Wood, has been awarded a multi-year enterprise framework agreement (EFA) to continue providing specialized services to Shell’s worldwide projects. Wood’s expertise in consulting, engineering, procurement, and project management will support Shell’s greenfield and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, Technology, United Kingdom
Tagged Alistair Hope, brownfield projects, carbon capture, Chris Mijatovich, consulting, Craig Shanaghey, decarbonisation, digitalisation, energy security, energy transition, engineering, greenfield projects, hydrogen, low-carbon fuels, Paul Macgregor, procurement, project management, Scott Commons, Shell, Steve Nicol, Wood
(IN KÜRZE) Das Kraftwerk Leipheim bei Ulm in Deutschland hat mit der erstmaligen Netzanbindung nach erfolgreicher Zündung einer Gasturbine einen bedeutenden Meilenstein erreicht. Das Projekt, das von LEAG verwaltet wird und sich im Besitz von Energetický a průmyslový holding („EPH“) … Read the full press release
Posted in Czech Republic, Energy, Gas & Oil, Germany, Industrial, Infrastructure & Utilities
Tagged Amprion, electricity, Energetický a průmyslový holding, Energiesicherheit, energy security, EP Power Europe, EPH, Erdgas, Erneuerbare Energien, gas turbine, Gasturbine, grid, grid stability, hydrogen, Jan Špringl, Kraftwerk Leipheim, LEAG, Leipheim power plant, natural gas, Netz, Netzstabilität, PPF Investments, renewable sources, Strom, Wasserstoff
(IN BRIEF) The Leipheim power plant, located near Ulm in Germany, has achieved a significant milestone by connecting to the grid for the first time after the successful ignition of a gas turbine. The project, managed by LEAG and owned … Read the full press release
Posted in Czech Republic, Energy, Gas & Oil, Germany, Industrial, Infrastructure & Utilities
Tagged Amprion, electricity, Energetický a průmyslový holding, energy security, EP Power Europe, EPH, gas turbine, grid, grid stability, hydrogen, Jan Špringl, LEAG, Leipheim power plant, natural gas, PPF Investments, renewable sources
(IN BRIEF) EnBW, a German utility, will receive a €600 million loan from the European Investment Bank (EIB) to support the construction of the He Dreiht wind farm in the North Sea. The wind farm will consist of 64 turbines … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Germany, Industrial, Infrastructure & Utilities
Tagged Albatros offshore wind farm, Ambroise Fayolle, Borkum, EIB, Emden, EnBW, Energie Baden-Württemberg AG, energy security, He Dreiht wind farm, Heerema, Helgoland, Hohe See offshore wind farm, HVDC, loan, North Sea, offshore wind farms, Seaway, Steelwind Nordenham, Tennet, The European Investment Bank, Thomas Kusterer, wind farm, wind turbines
(PRESS RELEASE) RUEIL-MALMAISON, 16-Jan-2023 — /EuropaWire/ — Schneider Electric (EPA: SU), a global leader in energy management, digital transformation and automation active in more than 100 countries, has issued an urgent call for governments and companies around the world to … Read the full press release
Despite Challenges, 15 GW of New Wind Farms Installed, One Third More Than 2021 Onshore Wind Leads the Way in EU’s Renewable Energy Push (PRESS RELEASE) BRUSSELS, 11-Jan-2023 — /EuropaWire/ — WindEurope, a Brussels based association active on promoting the … Read the full press release
(PRESS RELEASE) ABERDEEN, 28-Sep-2022 — /EuropaWire/ — Wood PLC, one of the world’s leading consulting and engineering companies operating across Energy and the Built Environment, has announced the signature of a $350 million contract with bp, a British multinational oil … Read the full press release
2022 forecast at Group level for investments, adjusted EBITDA, and adjusted net income reaffirmed Economic net debt down significantly, declining by €1.3 billion to €37.4 billion Implementation of growth strategy on schedule; demand for sustainable customer solutions rising (PRESS RELEASE) … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Germany, Industrial, Infrastructure & Utilities, Management, News
Tagged decarbonization, e energy infrastructure, E.ON, energy markets, energy sales, energy security, energy transition, financial results, forecast, heating solutions, Leonhard Birnbaum, Marc Spieker
Prévisions 2022 au niveau du Groupe pour les investissements, l’EBITDA ajusté et le résultat net ajusté réaffirmées Dette nette économique en forte baisse de 1,3 milliard d’euros à 37,4 milliards d’euros Mise en œuvre de la stratégie de croissance dans … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Germany, Industrial, Infrastructure & Utilities, Management
Tagged decarbonization, e energy infrastructure, E.ON, energy markets, energy sales, energy security, energy transition, financial results, forecast, heating solutions, Leonhard Birnbaum, Marc Spieker
(PRESS RELEASE) AARHUS, 27-Jun-2022 — /EuropaWire/ — Vestas Wind Systems A/S (CPH: VWS), a Danish global leader in sustainable energy solutions, has announced an organizatiol change in order to better address its customer offering, cyber security and efficiency. The company … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Management, News, Technology
Tagged appointments, digital solutions, digital transformation, energy security, energy transition, executive management, Henrik Andersen, Nikolaj Tyge Gertz, renewable energy, renewables, Thomas Alsbjerg, Vestas, wind energy
(COMMUNIQUÉ DE PRESSE) AARHUS, 27-Jun-2022 — /EuropaWire/ — Vestas Wind Systems A/S (CPH : VWS), un leader mondial danois dans les solutions énergétiques durables, a annoncé un changement d’organisation afin de mieux répondre à son offre client, à la cybersécurité et à … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Management, Technology
Tagged appointments, digital solutions, digital transformation, energy security, energy transition, executive management, Henrik Andersen, Nikolaj Tyge Gertz, renewable energy, renewables, Thomas Alsbjerg, Vestas, wind energy
(PRESS RELEASE) LONDON, 3-May-2022 — /EuropaWire/ — bp (LON: BP), a British multinational oil and gas company, has announced a massive £18 billion investment in the energy system of the UK aimed at boosting the country’s energy security and net … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Bernard Looney, BP, carbon capture, CCS, Clair, decarbonisation, East Coast Cluster, ECC, electric vehicle charging, EnBW, energy security, energy transition, ETAP hub, EV charging, green hydrogen production, H2 Teesside, hydrogen, HyGreen Teesside, Kate, Mungo, Murlach, North Sea, North Sea oil and gas, Northern Endurance Partnership, NZT Power, Offshore wind, Port of Aberdeen, Redcar, Redcar & Cleveland College, renewable energy, Schiehallion, Teesside, UK, west of Shetland
(COMMUNIQUÉ DE PRESSE) LONDON, 3-May-2022 — /EuropaWire/ — bp (LON : BP), une multinationale pétrolière et gazière britannique, a a annoncé un investissement massif de 18 milliards de livres sterling dans le système énergétique du Royaume-Uni visant à renforcer la sécurité … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Bernard Looney, BP, carbon capture, CCS, Clair, decarbonisation, East Coast Cluster, ECC, electric vehicle charging, EnBW, energy security, energy transition, ETAP hub, EV charging, green hydrogen production, H2 Teesside, hydrogen, HyGreen Teesside, Kate, Mungo, Murlach, North Sea, North Sea oil and gas, Northern Endurance Partnership, NZT Power, Offshore wind, Port of Aberdeen, Redcar, Redcar & Cleveland College, renewable energy, Schiehallion, Teesside, UK, west of Shetland
(PRESS RELEASE) LONDON, 1-Apr-2022 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), a multilateral developmental investment bank, the European Union (EU) and KfW Development Bank (KfW Entwicklungsbank GmbH), a German state-owned investment and development bank, on behalf … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Industrial, Infrastructure & Utilities, Management, News, United Kingdom
Tagged Catarina Bjorlin Hansen, EBRD, energy efficiency, energy security, EU, European Union, GEORGIA, grant, KfW, Lasha Khutsishvili, loan, Mzia Giorgobiani, Sigrid Brettel
(PRESS RELEASE) ESSEN, 16-Mar-2022 — /EuropaWire/ — E.ON (ETR: EOAN), one of Europe’s largest operators of energy networks and energy infrastructure, has announced that its 2021 financial results surpass expectations with the group adjusted EBITDA raising to about €7.9 billion … Read the full press release
Government of Georgia adopts key energy efficiency laws Focus on reducing energy intensity while strengthening resilience of the economy EBRD supported drafting of reform concept (PRESS RELEASE) LONDON, 17-Jul-2020 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Government, Infrastructure & Utilities, Law
Tagged Catarina Bjorlin Hansen, climate change, EBRD, energy efficiency laws, energy security, EU, GEORGIA, government of Georgia, legislation, NEEAP, The European Bank for Reconstruction and Development, Vesselina Haralampieva
10-6-2013 — /europawire.eu/ — The economic benefits of offshore oil and gas production, for energy security, jobs, tax revenue and growth are set to be maximised, as Government announced the start of an independently-led review today. The UK’s oil and gas … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Government, United Kingdom
Tagged Department of Energy & Climate Change, economic benefits, ENERGY, energy security, gas, Malcolm Webb, offshore gas production, offshore oil and gas, offshore oil production, oil, Secretary of State Edward Davey, Sir Ian Wood, UK Continental Shelf
The European Investment Bank (EIB) provides EUR 215 million for environmental-friendly energy in Greece with two loans for electricity and natural gas. 16-5-2013 — /europawire.eu/ — EUR 190 million go to the Greek Public Power Corporation S.A. (PPC) for promoting energy … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, European Union, Financial, Government, Greece, Investment
Tagged Aghioi Theodoroi, Alexandroupolis, DESFA, EIB, electricity, electricity distribution networks, electricity transmission, energy efficiency, energy security, Greek Public Power Corporation S.A., Hellenic National Gas System Operator S.A., Komotini, Megalopolis, Mihai Tanasesc, natural gas, Peloponnesus, pipeline, renewable energy, TERNA renewable energy project, The European Investment Bank, Trans-European Networks for Energy, wind farms
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
