Tag Archives: energy transition

KfW IPEX-Bank Supports Major Polish Offshore Wind Farms with EUR 3 Billion Financing

Posted on 23, May 2025 by EuropaWire PR Editor

(IN BRIEF) KfW IPEX-Bank has played a leading role in financing the Baltyk 2 and Baltyk 3 offshore wind farms in Poland, each with a 740 MW capacity. With a EUR 3 billion financing for each project, KfW IPEX-Bank, as … Read the full press release →

Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, Marketing, News, Poland, Technology

Tagged Baltyk 2, Baltyk 3, Coal Phase-Out, energy transition, Equinor, Euler Hermes, European export industry, export credit agencies, financing, greenhouse gas emissions, KfW IPEX-Bank, Offshore wind, offshore wind market, partnership, Poland, Polenergia, renewable energy, Siemens SG 14-236 DD, sustainability, Velibor Marjanovic

ORLEN Upstream Norway Makes Significant Discovery in Skarv Area, Estimated at 3-7 Million Barrels of Oil

Posted on 20, May 2025 by EuropaWire PR Editor

(IN BRIEF) ORLEN Upstream Norway, together with its license partners, has made a new oil discovery in the Skarv area of the Norwegian Sea, estimated at 3-7 million barrels. Another discovery was made during drilling, with resources estimated at 1-2 … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Poland, Technology

Tagged Aker BP, Baltic Pipe, E-prospect discovery, energy transition, Equinor Energy, Harbour Energy Norge, Norwegian Continental Shelf, Norwegian Sea, offshore production, oil and gas exploration, oil discovery, oil fields, oil reserves, ORLEN Upstream Norway, partnership, production infrastructure, Skarv area, Skarv FPSO, sustainability, Wiesław Prugar

Spirit Energy Sells 46.25% Interest in Cygnus Gas Field to Ithaca Energy as Part of Long-Term Energy Transition Strategy

Posted on 20, May 2025 by EuropaWire PR Editor

(IN BRIEF) Centrica plc has finalized an agreement for Spirit Energy to sell a 46.25% stake in the Cygnus gas field to Ithaca Energy for £215 million. The sale includes £116 million in headline consideration and £99 million in decommissioning … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom

Tagged 2P reserves, carbon capture, carbon storage, carbon storage facility, Centrica, Chris O’Shea, CO2 emissions, Cygnus gas field, decommissioning liabilities, Energy Portfolio, energy transition, gas fields, gas production, Ithaca Energy, Morecambe Net Zero, natural gas, North Morecambe gas field, partnership, South Morecambe gas field, Spirit Energy, strategic divestment, sustainability

Siemens and TURN2X Forge Global Partnership to Accelerate Renewable Natural Gas Production

Posted on 19, May 2025 by EuropaWire PR Editor

(IN BRIEF) Siemens and TURN2X have announced a strategic global partnership aimed at scaling up the production of renewable natural gas. By leveraging Siemens’ Xcelerator portfolio, the collaboration focuses on process optimization, operational excellence, and future-readiness, helping TURN2X meet the … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology

Tagged automation solutions, climate-neutral methane, CO₂ capture, digital twin technology, Energy management, energy transition, Green Energy, GREEN HYDROGEN, industrial energy solutions, partnership, Process Automation, Renewable Natural Gas, Siemens, Siemens Xcelerator, sustainability, sustainable energy, TURN2X

EIF and BNP Paribas Leasing Solutions Sign Landmark €200 Million InvestEU Guarantee to Support SMEs in Sustainability Transition

Posted on 19, May 2025 by EuropaWire PR Editor

(IN BRIEF) The EIF and BNP Paribas Leasing Solutions have signed a landmark agreement to provide a €200 million portfolio guarantee, aimed at enhancing access to business asset leasing solutions for SMEs and small mid-caps across France, Germany, Italy, and … Read the full press release →

Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology

Tagged BNP Paribas Leasing Solutions, climate change mitigation, economic development, EIB Group, EIF, energy transition, European Investment Fund, financing solutions, Green Technologies, InvestEU, partnership, portfolio guarantee, renewable energy, small Mid-Caps, SMEs, sustainability

Borealis and Borouge Showcase Future-Ready Polyolefin Solutions for Infrastructure at K 2025

Posted on 19, May 2025 by EuropaWire PR Editor

(IN BRIEF) Borealis and Borouge will showcase their expertise in polyolefin infrastructure solutions at K 2025, displaying a wide range of high-performance polyethylene and polypropylene products for pipes and fittings. With nearly 60 years of experience, Borealis has earned its … Read the full press release →

Posted in Austria, Business, Chemicals, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Media, News, Technology

Tagged Borealis, Borouge, BorSafe, Borstar®, energy transition, global expertise, Industrial Systems, infrastructure solutions, INNOVATION, K 2025, partnership, pipes and fittings, Polarcirkel boat, polyethylene, polyolefin, polypropylene, renewable materials, sustainability, sustainable infrastructure

Iron Powder: A Sustainable Solution for Energy Storage, Developed by Professor Philip de Goey

Posted on 15, May 2025 by EuropaWire PR Editors

(IN BRIEF) Professor Philip de Goey of Eindhoven University of Technology has pioneered the development of iron powder as a sustainable energy carrier. This innovation allows energy from renewable sources to be stored safely and reused efficiently, offering a new … Read the full press release →

Posted in Education, Energy, Gas & Oil, Industrial, Management, Netherlands, News, Science, Technology

Tagged circular economy, clean combustion, CO2-free energy, Eindhoven University of Technology, energy campus, energy storage, energy technology, energy transition, INNOVATION, iron powder, Metalot, Philip de Goey, renewable energy, sustainable energy, zero-gravity experiments

Bilfinger Strengthens UK Market Position with Acquisition of nZero Group to Support Energy Transition

Posted on 13, May 2025 by EuropaWire PR Editors

(IN BRIEF) Bilfinger has acquired the UK-based nZero Group, including its subsidiaries Orbital Gas Systems and Thyson Technology, enhancing its expertise in the gas and hydrogen sectors. With a focus on advanced energy systems and clean energy solutions, the acquisition … Read the full press release →

Posted in Business, Energy, Gas & Oil, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom

Tagged Bilfinger, clean energy, CO2 measurement, decarbonization, Electrical Instrumentation and Controls, energy systems, energy transition, gas sector, HSEQ standards, hydrogen sector, Matt Allen, net zero 2050, nZero Group, Orbital Gas Systems, process industry, Sandy Bonner, Thomas Schulz, Thyson Technology, UK

EBRD Funds US$ 30 Million Solar and Storage Project in Egypt to Enhance Clean Energy Infrastructure

Posted on 13, May 2025 by EuropaWire PR Editors

(IN BRIEF) The EBRD is providing a US$ 30 million equity bridge loan to Scatec ASA’s Obelisk Solar Power project in Egypt. The loan will finance the construction of a 1 GWac solar plant and 200 MWh battery storage system … Read the full press release →

Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities

Tagged and Energy, Battery Energy Storage System (BESS), battery storage, clean energy future, CO2 emissions reduction, COP27, EBRD, EGYPT, energy transition, environmental sustainability, FOOD, Green Energy, Nagaa Hammadi, Nexus on Water, renewable energy, renewable energy hub, Scatec ASA, solar power, US$ 30 million loan

Koppö Energia Partners with thyssenkrupp Uhde for E-Methanol Plant Using Green Hydrogen and CO2

Posted on 7, May 2025 by EuropaWire PR Editor

(IN BRIEF) Koppö Energia has chosen thyssenkrupp Uhde’s green methanol technology for its e-methanol plant in Kristinestad, Finland, part of a power-to-x project aimed at producing sustainable e-methanol for maritime and e-gasoline markets. This plant will capture CO2 and use … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology

Tagged CO2 capture, e-methanol, energy transition, Finland, GREEN HYDROGEN, green methanol technology, Koppö Energia, maritime fuel, partnership, Power-to-X, renewable energy, sustainable fuels, sustainabulity, ThyssenKrupp Uhde

Ørsted Halts Hornsea 4 Offshore Wind Project in the UK Due to Rising Costs and Increased Risks

Posted on 7, May 2025 by EuropaWire PR Editor

(IN BRIEF) Ørsted has decided to discontinue the Hornsea 4 offshore wind project due to increased costs, higher interest rates, and elevated risks, making the project’s current execution untenable. The company plans to explore alternative options for the project while … Read the full press release →

Posted in Business, Denmark, Economy, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom

Tagged breakaway costs, CFD, Contract for Difference, energy transition, Hornsea 4, Offshore wind, partnership, project discontinuation, Rasmus Errboe, risks, supply chain, sustainability, UK, wind energy, Ørsted

DNV and Ørsted Achieve Milestone in Carbon Capture and Storage Project Bifrost with Feasibility Study Approval for CO2 Transportation via Repurposed Pipeline

Posted on 7, May 2025 by EuropaWire PR Editor

(IN BRIEF) DNV and Ørsted have achieved a major milestone in the development of Project Bifrost, a CCS project aimed at CO₂ underground storage in the Danish North Sea. DNV has granted a Statement of Feasibility (SoF) for repurposing Ørsted’s … Read the full press release →

Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology

Tagged carbon capture and storage, climate goals, CO₂ transportation, Denmark, DNV, energy transition, feasibility study, Harald field, Nordsøfonden, Noreco, partnership, pipeline repurposing, Project Bifrost, sustainability, sustainabulity, TotalEnergies, Ørsted

Marsa LNG Plant Marks Groundbreaking Ceremony in Oman to Lead Energy Transition in the Middle East

Posted on 2, May 2025 by EuropaWire PR Editor

(IN BRIEF) The Marsa LNG plant, located in Sohar, Oman, celebrated its groundbreaking on May 1, 2025, marking a milestone for the Middle East’s energy industry. TotalEnergies and OQEP are developing the plant, which will produce 1 million tons of … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology

Tagged Ahmed Al Azkawi, energy solutions, energy transition, GHG emissions, LNG, LNG bunkering, low-carbon LNG, Marine fuel, Marsa LNG, Middle East, Monte Shams, Oman, Oman Vision 2040, OQEP, partnership, Patrick Pouyanné, photovoltaic solar farm, Salim bin Nasser Al Aufi, shipping industry, Sohar, sustainability, TotalEnergies

INEOS and Covestro Forge Strategic Long-Term Natural Gas Agreement to Strengthen European Industrial Competitiveness

Posted on 1, May 2025 by EuropaWire PR Editor

(IN BRIEF) INEOS and Covestro have entered into a long-term natural gas supply agreement lasting up to eight years, ensuring stable and predictable energy for Covestro’s European operations. The agreement, set to begin in 2027, supports both companies’ goals to … Read the full press release →

Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom

Tagged Covestro, David Bucknall, energy challenges, energy costs, energy security, energy supply, energy transition, EU manufacturing, European Industry, feedstock, industrial competitiveness, INEOS, LNG, long-term agreement, natural gas, sustainable energy, Thorsten Dreier

Alfa Laval to Celebrate 100 Years in Japan at World Expo 2025 in Osaka

Posted on 1, May 2025 by EuropaWire PR Editor

(IN BRIEF) Alfa Laval is excited to participate in the World Expo 2025 in Osaka, Japan, as a partner in the Nordic Pavilion. The event will address key global challenges, from improving energy efficiency to decarbonizing shipping. Alfa Laval’s presence … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Sweden, Technology

Tagged 100 years in Japan, Alfa Laval, clean water, decarbonization, energy efficiency, energy storage, energy transition, global challenges, Japan, Joint Nordic Energy Days, merchant fleet decarbonization, Nordic expertise., Nordic Pavilion, Osaka, partnership, renewable energy, sustainability, sustainable food, Sweden’s National Day, World Expo 2025, Ymeshima Island

Businesses Push for Growth and Sustainability as Energy Demand Soars, According to New EY Research

Posted on 1, May 2025 by EuropaWire PR Editor

(IN BRIEF) New EY research reveals that businesses are increasingly focused on electrification, emissions reduction, and managing energy costs, with over 70% of companies planning to increase focus on these areas over the next three years. As energy demand soars, … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom

Tagged AI Integration, artificial intelligence, Business Growth, carbon management, competitiveness, electrification, Emissions Reduction, energy advocates, energy costs, energy demand, energy ecosystem, energy infrastructure, energy providers, energy solutions, energy strategies, energy transition, EQT Real Estate, EY, partnership, profitability, sustainability

INEOS and Wagenborg Reach Key Milestone with Completion of Europe’s First Offshore CO₂ Carrier

Posted on 1, May 2025 by EuropaWire PR Editor

(IN BRIEF) Europe’s first offshore CO₂ carrier, currently under construction at Royal Niestern Sander shipyard, represents a major step in advancing carbon capture and storage (CCS) infrastructure. This milestone will facilitate the transportation of liquefied CO₂ from onshore sites to … Read the full press release →

Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology, United Kingdom

Tagged carbon capture and storage, CCS, climate goals, CO₂ carrier, CO₂ storage, CO₂ transport, Danish North Sea, Emission Reduction, energy transition, Europe, Greensand, INEOS, Nini West platform, offshore storage, partnership, Royal Niestern Sander, sustainability, Wagenborg Offshore

OMV Launches Austria’s Largest Green Hydrogen Production Plant to Drive Sustainable Fuels and Chemicals

Posted on 1, May 2025 by EuropaWire PR Editor

(IN BRIEF) OMV has launched Austria’s largest green hydrogen production plant at its Schwechat refinery, with an annual capacity of up to 1,500 metric tons. This EUR 25 million investment will significantly reduce CO2 emissions by up to 15,000 metric … Read the full press release →

Posted in Austria, Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology

Tagged climate goals, CO2 emissions, energy transformation, energy transition, European climate targets, GREEN HYDROGEN, Hydrogen Plant, hydrogen production, Kommunalkredit, net-zero emissions, OMV, partnership, PEM electrolysis, renewable diesel, renewable energy, Schwechat refinery, sustainability, sustainable aviation fuel, sustainable fuels, WIVA P&G Hydrogen Initiative

RWE Installs First Monopile at Thor Offshore Wind Farm, Advancing Towards Denmark’s Largest Renewable Energy Project

Posted on 30, April 2025 by EuropaWire PR Editor

(IN BRIEF) RWE has installed the first monopile at the Thor offshore wind farm, marking the beginning of the largest renewable energy project in Denmark. The wind farm, set to be fully operational in 2027, will generate enough electricity to … Read the full press release →

Posted in Business, Construction, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology

Tagged CO2-reduced steel towers, Denmark, Denmark energy, energy sustainability, energy transition, green electricity, monopile, Offshore wind, partnership, recyclable rotor blades, renewable energy, RWE, sustainability, sustainable energy, Thor offshore wind farm, wind power

Vitol Bunkers Introduces FuelEU Compliant Co-Processed Bunkering Fuel, First Delivered to Elandra Falcon in Fujairah

Posted on 29, April 2025 by EuropaWire PR Editor

(IN BRIEF) Vitol Bunkers has introduced FuelEU compliant co-processed bunkering fuel, the first delivery of which was made to the Elandra Falcon vessel in Fujairah. Produced at Vitol’s refinery, this fuel meets the RMG380 VLSFO grade and will be marketed … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology

Tagged biofuels, bunkering fuel, co-processed fuel, DNV Emissions Connect, Elandra Falcon, Emissions Reduction, energy transition, FuelEU Maritime, Fujairah, greenhouse gas reduction, ISCC-EU certification, Marine fuel, partnership, regulatory compliance, shipping compliance, sustainability, sustainable feedstocks, sustainable fuels, Vitol Bunkers, VLSFO

Tag Archives: energy transition

KfW IPEX-Bank Supports Major Polish Offshore Wind Farms with EUR 3 Billion Financing

ORLEN Upstream Norway Makes Significant Discovery in Skarv Area, Estimated at 3-7 Million Barrels of Oil

Spirit Energy Sells 46.25% Interest in Cygnus Gas Field to Ithaca Energy as Part of Long-Term Energy Transition Strategy

Siemens and TURN2X Forge Global Partnership to Accelerate Renewable Natural Gas Production

EIF and BNP Paribas Leasing Solutions Sign Landmark €200 Million InvestEU Guarantee to Support SMEs in Sustainability Transition

Borealis and Borouge Showcase Future-Ready Polyolefin Solutions for Infrastructure at K 2025

Iron Powder: A Sustainable Solution for Energy Storage, Developed by Professor Philip de Goey

Bilfinger Strengthens UK Market Position with Acquisition of nZero Group to Support Energy Transition

EBRD Funds US$ 30 Million Solar and Storage Project in Egypt to Enhance Clean Energy Infrastructure

Koppö Energia Partners with thyssenkrupp Uhde for E-Methanol Plant Using Green Hydrogen and CO2

Ørsted Halts Hornsea 4 Offshore Wind Project in the UK Due to Rising Costs and Increased Risks

DNV and Ørsted Achieve Milestone in Carbon Capture and Storage Project Bifrost with Feasibility Study Approval for CO2 Transportation via Repurposed Pipeline

Marsa LNG Plant Marks Groundbreaking Ceremony in Oman to Lead Energy Transition in the Middle East

INEOS and Covestro Forge Strategic Long-Term Natural Gas Agreement to Strengthen European Industrial Competitiveness

Alfa Laval to Celebrate 100 Years in Japan at World Expo 2025 in Osaka

Businesses Push for Growth and Sustainability as Energy Demand Soars, According to New EY Research

INEOS and Wagenborg Reach Key Milestone with Completion of Europe’s First Offshore CO₂ Carrier

OMV Launches Austria’s Largest Green Hydrogen Production Plant to Drive Sustainable Fuels and Chemicals

RWE Installs First Monopile at Thor Offshore Wind Farm, Advancing Towards Denmark’s Largest Renewable Energy Project

Vitol Bunkers Introduces FuelEU Compliant Co-Processed Bunkering Fuel, First Delivered to Elandra Falcon in Fujairah

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