(IN BRIEF) Webuild Group, a leading international infrastructure company, is focusing on workplace safety, process efficiency, and sustainability in response to the global energy transition. The company’s General Manager, Massimo Ferrari, highlighted their commitment during an address at the “Sustainability … Read the full press release
(IN BRIEF) Schneider Electric, a leader in energy management and automation, is participating in the COP28 United Nations Climate Change Conference in Dubai. The company’s CEO and Chairman will attend the conference to advocate for an accelerated and equitable transition … Read the full press release
Posted in Energy, Gas & Oil, Environment, France, Industrial, Management, Science, Technology
Tagged automation, climate conference, COP28, digital transformation, Energy management, energy transition, Jean-Pascal Tricoire, net zero, Peter Herweck, Schneider Electric, United Nations Climate Change Conference, Women Action Sustainability
(IN BRIEF) Lightsource bp is facilitating a European multi-buyer corporate power purchase agreement (PPA) for a solar asset portfolio set to be built in Spain in 2024. The global solar developer, with over 35GW of solar projects in development worldwide, … Read the full press release
(IN BRIEF) Malta Inc., a leader in long-duration energy storage (LDES), has announced a grant awarded to its German subsidiary for a €9-million project aimed at expediting Germany’s energy transition efforts. The project, supported by the German Federal Ministry for … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Alasdair Maciver, Alfa Laval, decarbonization, Deutsches Zentrum für Luft- und Raumfahrt (DLR), energy transition, Malta Inc., partnership, Prof. Dr. André Thess, Ramya Swaminathan, Siemens Energy Germany, Sigmund Brielmaier, sustainability
(IN BRIEF) TotalEnergies has released its annual “TotalEnergies Energy Outlook 2023” in preparation for COP28, outlining scenarios for the evolution of global energy demand and the transition to a sustainable energy system by 2050. The report reveals that while the … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Industrial, Investment, Management, News
Tagged energy transition, Financial, Helle Kristoffersen, investment, sustainability, TotalEnergies
(IN BRIEF) EnBW Energie Baden-Württemberg AG has announced its financial results for the first nine months of the 2023 financial year. The company reported revenue of approximately €34.7 billion and Group operating earnings (adjusted EBITDA) of €4.9 billion during this … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News
Tagged EnBW, energy transition, Financial, investment, Thomas Kusterer
(IN BRIEF) E.ON, in collaboration with Klara Geywitz, Federal Minister for Housing, Urban Development, and Building, has introduced a comprehensive digital heat map for all of Germany. This interactive tool provides insights into the current status of heat supply in … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged DigiKoo GmbH, Digital Heat Map, E.ON, energy transition, Federal Minister for Housing, Germany, Heating Sector, Klara Geywitz, Leonhard Birnbaum, partnership, sustainability, Urban Development and Building
(IN BRIEF) The European Investment Bank (EIB) has signed a €150 million 15-year loan agreement with the Hellenic Electricity Distribution Network Operator (HEDNO) to support the deployment of electricity smart meters across Greece. This initiative aims to enhance the efficiency … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Greece, Luxembourg, Technology
Tagged EIB, electricity smart meters, energy distribution, energy transition, Greece, HEDNO, Hellenic Electricity Distribution Network Operator, Mr Anastasios Manos, renewable energy, The European Investment Bank, Werner Hoyer
(IN BRIEF) The European Investment Bank (EIB) reaffirms its commitment to supporting sustainable development in the Western Balkans. During the Berlin Process Leaders’ Summit in Tirana, EIB Vice-President Czerwińska emphasized the bank’s dedication to enhancing connectivity, promoting green and digital … Read the full press release
Posted in Albania, Banks, Business, Education, Energy, Gas & Oil, European Union, Financial, Healthcare, Investment, Luxembourg
Tagged Berlin Process Leaders’ Summit, connectivity, digital transition, EIB, EIB Global, energy transition, Just Transition, Teresa Czerwińska, Tirana, WBIF, Western Balkans, Western Balkans Investment Framework
(IN BRIEF) Despite record-high sales of electric vehicles, increased solar and battery installations, and the rapid expansion of renewables, fossil fuels are still growing in absolute terms and meeting half of the world’s new energy demand, according to DNV’s Energy … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, News, Norway, Technology
Tagged CO2 emissions, DNV, energy transition, fossil fuels, Remi Eriksen, sustainability
(IN BRIEF) Eni, the global energy company, has made a significant gas discovery through the Geng North-1 exploration well off the coast of East Kalimantan in Indonesia. Preliminary estimates suggest a gas volume of 5 trillion cubic feet (Tcf) with … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Italy
Tagged East Kalimantan in Indonesia, energy transition, Eni, exploration, gas, gas discovery, Geng North-1 exploration, LNG, North Ganal PSC
(IN BRIEF) CTP, Europe’s major industrial property developer, secures €200 million in financing from the European Investment Bank (EIB) to fund extensive solar panel installations across its European business parks. The funding aligns with the EIB’s REPowerEU initiative to reduce … Read the full press release
Posted in Banks, Business, Construction, Energy, Gas & Oil, European Union, Financial, Industrial, Infrastructure & Utilities, Luxembourg
Tagged CTP, developer, EIB, energy transition, European business park, European Investment Bank, Lilyana Pavlova, loan, logistics properties, Peter Ceresnik, Richard Wilkinson, solar panel installations, solar photovoltaic programme
(IN BRIEF) Over 200 European industry leaders convened at the ENTSO-E High-Level Forum on Future of Our Grids in Brussels to discuss the challenges and opportunities for accelerating the development of electricity grids necessary for Europe’s energy transition. The forum, … Read the full press release
(IN BRIEF) Eni Sustainable Mobility introduces the Enilive brand, marking a significant leap in eco-conscious transportation. Enilive focuses on bio-refining, biomethane production, and smart mobility solutions like the Enjoy car sharing service. With over 5,000 Enilive Stations in Europe, the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Italy, Marketing, Media
Tagged bio-LPG, bio-refining, biogenic fuels, biomethane, biomethane production, bitumen, decarbonisation process, electricity, energy transition, Eni, Eni Sustainable Mobility, Enilive, fuels, HVO, hydrogen, hydrogenated vegetable oil, lubricants, smart mobility solutions
(IN BRIEF) Technip Energies and Versalis, the chemical subsidiary of Eni, have partnered to integrate their advanced recycling technologies, Hoop®, Pure.rOilTM, and Pure.rGasTM. This collaboration aims to create an innovative platform for chemical recycling of plastic waste, forming an endless … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Industrial, Italy, Technology
Tagged Adriano Alfani, chemical recycling of plastic waste, energy transition, Eni, Hoop®, Marco Villa, plastic waste, plastic waste recycling, polymers, Pure.rGasTM, Pure.rOilTM, purification technologies, pyrolysis process, T.EN, Technip Energies, Versalis
(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 BRIEF) Enel S.p.A., a multinational energy company, announced its financial results for the first half of 2023. The company showcased robust growth in key financial metrics, with revenues of 47,095 million euros (-28.2%) and ordinary EBITDA of 10,739 million … Read the full press release
(IN BRIEF) GTT, a technology expert in containment systems for cryogenic membranes, has received Approval in Principle (AiP) from ClassNK, a Japanese classification society, for a new concept of membrane-type containment system for liquefied hydrogen (LH2) transportation. The scalable system … Read the full press release
(IN BRIEF) Eni, a global energy company, announces the successful acquisition of Chevron interests in the Indonesian Blocks Ganal PSC, Rapak PSC, and Makassar Straits PSC, located in the Kutei Basin, offshore East Kalimantan. Eni already held a 20% interest … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Italy
Tagged acquisition, Chevron, East Kalimantan, energy transition, Eni, Ganal PSC, Gandang gas project, Gendalo, IDD, Indonesia, Indonesia Deepwater Development, Indonesian Blocks, Jangkrik FPU, Kutei Basin, Makassar Straits PSC, Neptune Energy, Rapak PSC
(IN BRIEF) During the General Shareholders’ Meeting, Repsol’s Chairman, Antonio Brufau, highlighted the company’s commitment to the energy transition and its potential for an “enormous opportunity.” Repsol aims to transform its business with a focus on human, technological, and industrial … Read the full press release
Posted in Business, Energy, Gas & Oil, Spain
Tagged Antonio Brufau, Aránzazu Estefanía, China and Russia, dividend distribution, energy transition, European Energy Transition, Henri Philippe Reichstul, John Robinson West, Josu Jon Imaz, María Teresa García-Milá, Overdependence, Repsol, shareholder remuneration
(IN BRIEF) Lausitz Energie Kraftwerke AG (LEAG), the largest private energy company in eastern Germany, has submitted a permit application for the construction of an innovative Power-to-X plant in Jänschwalde, Lusatia. The plant will store and re-electrify excess renewable energy … Read the full press release
(IN BRIEF) Wood, a global consulting and engineering company, has secured a significant contract from Euro Manganese to deliver a vital mineral project crucial to the energy transition. The contract, awarded to Wood’s Projects business unit, aligns with the company’s … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, Metals and Minerals, News, United Kingdom
Tagged contract, Dr. Matthew James, energy transition, Euro Manganese, Ken Gilmartin, manganese, partnership, Wood
(IN BRIEF) TotalEnergies and Petronas’ Gentari Renewables have announced a strategic collaboration to develop renewable energy projects in the Asia Pacific region. The partnership aims to leverage TotalEnergies’ expertise in renewable energy and Petronas’ clean energy solutions to drive the … Read the full press release
(IN BRIEF) RWE, a leading energy company, has announced its updated Green Financing Framework to support sustainable investment. With a focus on building a sustainable energy system, RWE plans to invest over 50 billion euros by 2030 as part of … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted an €82 million loan to Elektroprivreda Crne Gore a.d. Nikšić (EPCG), Montenegro’s national electricity utility, and Green Gvozd LLC, a special-purpose vehicle (SPV) fully owned by EPCG. The … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Montenegro
Tagged EBRD, Elektroprivreda Crne Gore a.d. Nikšić, energy transition, EPCG, Green Gvozd LLC, Krešimir Čondić, Milutin Đukanović, Montenegro, Nikola Rovčanin, onshore wind farm, Remon Zakaria, renewable energy
(IN BRIEF) Siemens has unveiled LV Insights X software, a pioneering solution for managing low-voltage grids. The software enables distribution grid operators to address the challenge of increasing grid capacity while accommodating the rise of decentralized renewable energy and additional … Read the full press release
(IN BRIEF) DNV’s research highlights that solar-plus-storage solutions are crucial for enhancing the efficiency and resilience of global energy networks, according to 92% of energy industry professionals. Solar-plus-storage, often referred to as the “power couple,” addresses the intermittency issues of … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) and Iberdrola have signed a €1 billion financing agreement to accelerate the energy transition in Europe. The partnership aims to develop 19 solar power plants and 3 onshore wind farms in Spain, Portugal, … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Portugal, Spain
Tagged climate finance, EIB, energy autonomy, energy transition, Green Energy, Iberdrola, Ignacio Galán, onshore wind farms, REPowerEU, Ricardo Mourinho Félix a, solar power plants, sustainable financing, The European Investment Bank
(IN BRIEF) TotalEnergies has signed a Power Purchase Agreement (PPA) for the Mirny wind project in Kazakhstan, marking the country’s largest wind energy initiative. The project involves a 1 GW onshore wind farm and a 600 MWh battery energy storage … Read the full press release
Posted in Business, Energy, Gas & Oil, France, Industrial, Infrastructure & Utilities
Tagged Almassadam Satkaliyev, battery energy storage, energy transition, gas, Kazakhstan, KazMunayGas, Mirny project, National Wealth Fund Samruk-Kazyna, oil, Patrick Pouyanné, Power Purchase Agreement, PPA, renewable energy, TotalEnergies, wind farm, Wind Project, Zhambyl
(IN BRIEF) RINA and Eni have signed an agreement to collaborate on initiatives aimed at the energy transition and decarbonization of their operations, with a focus on maritime transport. The partnership will explore the use of HVO biofuel produced by … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Italy, Management, Transportation & Logistics
Tagged ammonia, biofuel, biogenic, certification, decarbonisation, energy transition, engineering consultancy, Eni, HVO, hydrogen, hydrogenated vegetable oil, inspection, maritime, maritime transport, RINA
(IN BRIEF) Eni, a global energy company, has launched the HVOlution program to promote the use of HVOlution, their renewable diesel fuel, among their suppliers’ vehicles involved in fuel transportation to Eni Live Stations. This initiative aims to support the … Read the full press release
Posted in Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Italy, Transportation & Logistics
Tagged 100% renewable raw materials, biofuel, CO2 emission reduction, decarbonisation, energy transition, Eni, Eni Live Stations, fuel distribution chain, heavy transport, HVOlution, Italy, vegetable residue, waste raw materials
(IN BRIEF) TotalEnergies has acquired a 20% stake in Ductor, a Finnish start-up specializing in organic waste processing technology. This innovative solution allows the treatment of high-nitrogen organic waste for biomethane production, accelerating the development of the biogas value chain. … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Industrial, Investment, Technology
Tagged Bernard Fenner, biogas value chain, biomethane production, Ductor, energy transition, high-nitrogen organic waste, Olivier Guerrini, poultry manure, start-up, sustainable biofertilizers, TotalEnergies
(IN BRIEF) Iberdrola and the International Finance Corporation (IFC) have formed a partnership to promote clean energy and decarbonization in emerging countries. The collaboration includes a green and sustainability-linked loan from IFC to Iberdrola for energy efficiency improvements in Brazil’s … Read the full press release
Posted in Banks, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment
Tagged Alfonso García Mora, APLMA, clean energy, decarbonization, Electropaz, energy transition, Iberdrola, IFC, International Finance Corporation, José Sainz Armada, NEOENERGIA, Sowitec Vietnam, Termopernambuco, World Bank Group
(IN BRIEF) Alfa Laval Business Unit Brazed & Fusion Bonded Heat Exchangers has announced an expansion of its production of brazed plate heat exchangers to meet the increasing demand driven by the global energy transition. The capacity expansion includes investments … Read the full press release
(IN BRIEF) Infrastructure company Fluxys Belgium has partnered with Sweco to prepare its pipeline network for the transportation of hydrogen and CO2. Sweco has been assigned to conduct a feasibility study and preliminary research for multiple hydrogen routes in Ghent … Read the full press release
Posted in Belgium, Energy, Gas & Oil, Government, Industrial, Infrastructure & Utilities, Sweden
Tagged Antwerp, Belgium, CO2, CO2 transportation pipelines, energy transition, Energy Transition Fund, Erwin Malcorps, feasibility study, Fluxys Belgium, Ghent, hydrogen, hydrogen routes, hydrogen transportation pipelines, infrastructure, Sweco
(IN BRIEF) Transmission system operator TenneT, Hitachi Energy/Petrofac, and three consortium partnerships GE/Sembcorp (SMOP), GE/McDermott, and Siemens Energy/Dragados have signed contracts to seal Europe’s largest-ever tender award for energy transition infrastructure. The total volume of the contracts for the components … Read the full press release
Posted in Business, Industrial, Infrastructure & Utilities, Management, Media, Netherlands, News
Tagged energy transition, GE/McDermott, GE/Sembcorp (SMOP), Hitachi Energy/Petrofac, infrastructure, Marco Kuijpers, Niklas Persson, partnerships, Pedro Ascorbe, Philippe Piron, Samuel Wong, Siemens Energy/Dragados, Tareq Kawash, Tennet, Tim Holt, Tim Meyerjürgens, Vaseem Khan
(IN BRIEF) Bekaert, a company focused on the production of steel wire and coatings, is investing in electrolysis technologies for green hydrogen production as part of its growth strategy in renewable energy markets. The company has announced investments in Belgium, … Read the full press release
Posted in Belgium, Business, Energy, Gas & Oil, Environment, Industrial, Investment, Technology
Tagged Bekaert, Currento®, decarbonization, Edouard de Masson d'Autume, electrolysis technologies, energy transition, GREEN HYDROGEN, hydrogen laboratory, porous transport layers, PTL electrolysis, renewable energy markets
(IN BRIEF) Vattenfall, a leading energy company, faced a challenging year in 2022 due to the war in Ukraine, which resulted in a significant increase in electricity prices across Europe. Despite this, Vattenfall continued to focus on supporting its customers … Read the full press release
(IN BRIEF) Bekaert has announced its partnership with the Solar Impulse Foundation, a non-profit organization founded by Bertrand Piccard, which aims to promote sustainable and profitable solutions. Through this partnership, Bekaert will have access to valuable resources and expertise in … Read the full press release
(IN BRIEF) EDF, Ansaldo Energia, Ansaldo Nucleare, and Edison have signed a Letter of Intent to collaborate on the development of new nuclear power in Europe, specifically in Small Modular Reactors (SMR). Ansaldo Nucleare will support EDF in developing new … Read the full press release
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