Category: Europe

Europe energy

NRGBriefs: Japan to Support Removing Key Russian Banks from SWIFT

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(Energy Analytics Institute, 28.Feb.2022) — Energy briefs including NextEra Energy, Inc. (NYSE: NEE) and NextEra Energy Partners, LP (NYSE: NEP) announcing that members of the senior management team will participate in various investor meetings throughout March; the Deputy Secretary of the Treasury Wally Adeyemo speaking with Japan Finance Vice Minister Masato Kanda […]

bp Staff Message Regarding Relationship with Rosneft

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(bp, 27.Feb.2022) — bp’s Bernard Looney provides a message to all bp staff on the company’s relationship with Rosneft. To the bp team, Like so many of you, I have been deeply shocked and saddened by the situation unfolding in Ukraine. We are witnessing an act of aggression which is having tragic […]

Global Markets Count Cost of Russian Invasion in Ukraine

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(WoodMac, 25.Feb.2022) — The impact of Russia’s invasion of Ukraine rattled global markets. There will be lasting implications for commodities, energy policy and the energy transition, experts from global natural resources consultancy, a Verisk business (Nasdaq: VRSK) said. The world’s dependence on Russia for certain commodities cannot be overstated ‒ from gas, […]

NRGBriefs: Nucor Corp. Declares Regular Quarterly Cash Dividend

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(Energy Analytics Institute, 22.Feb.2022) — Energy briefs including the BODs of Nucor Corporation (NYSE: NUE) declaring the regular quarterly cash dividend of $0.50/shr on Nucor’s common stock; Select Energy Services reporting revenue of $255mn generated during the 4Q:21, up 25% sequentially from the 3Q:21; B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: […]

Capella Provides Update on Drilling at the Kjøli Copper Project, Norway

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(Capella Minerals, 22.Feb.2022) — Capella Minerals Ltd. (TSXV: CMIL) (FRA: N7D2) has received approval from the Norwegian Directorate of Mining for the company’s maiden diamond drill program at its 100%-owned Kjøli copper-zinc-cobalt (“Cu-Zn-Co”) massive sulfide (“VMS”) project in central Norway. Permits have been granted for up to 4,000m of diamond drilling in 25 […]

Zeelo to Make Buses as Green as Riding a Bicycle

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(Zeelo, 17.Feb.2022) — Zeelo – a smart bus platform for organisations that serves over 1.8 million passengers per year on their daily commute to work and school in the UK, North America and South Africa – has pledged to provide Net Zero bus travel across its services in just eight years. The company is Europe’s only bus […]

Borr Drilling Reveals Prelim 4Q:21 Results

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(Borr Drilling, 16.Feb.2022) — Borr Drilling Limited announces preliminary unaudited results for the three and twelve months ended 31 December 2021. Highlights Fourth Quarter of 2021  Total operating revenues of $69.1mn, a decrease of $3.9mn (5%) compared to the third quarter of 2021  Net loss of $46.1mn, an increase of $13.5mn compared to the loss in […]

Equinor, Battelle to Explore Appalachian Basin CCS Potential

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(Equinor, 1.Feb.2022) — Equinor has signed a memorandum of understanding (MOU) with leading science and technology firm Battelle to advance development of a decarbonized regional energy cluster in the tri-state region of Ohio, Pennsylvania, and West Virginia. “Our regional hub vision will meet tomorrow’s energy demands while maintaining America’s industrial […]

Bristow to Provide Search and Rescue Services to Netherlands Coastguard

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(Bristow, 19.Jan.2022) — Bristow Group Inc. (NYSE: VTOL), the leading global provider of vertical flight solutions, announced that the Netherlands Defence Materiel Organisation (DMO) has awarded Bristow their prestigious contract to provide search and rescue helicopter capacity to the Netherlands Coastguard. The 10-year contract, with two one-year extension options, will commence […]

Wintershall Dea Awarded Seven New Licences in APA 2021 Round in Norway

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(Wintershall Dea, 18.Jan.2022) — Wintershall Dea has been awarded seven exploration licenses in the annual Awards in Predefined Areas (APA) round in Norway, including four as operator. The new awards strengthen Europe’s leading independent gas and oil company’s position on the Norwegian Continental Shelf. “We value the stable APA licensing […]

Equinor Reports New Find Close to North Sea Fram Field

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(Equinor, 7.Jan.2022) — Equinor has, together with its partner Wellesley, discovered oil in the Troll and Fram area in exploration wells 35/10-7 S and 35/10-7 A in the Toppand prospect. Preliminary calculations of the expected size indicate between 3.3 and 5.2 million standard cubic metres of recoverable oil equivalent, or […]

NRGBriefs: Bolivia’s Urea Exports to Argentina, Brazil, and Peru

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(Energy Analytics Institute, 6.Jan.2022) — Energy briefs including Bolivia’s urea production gaining mkt shr in Argentina, Brazil and Peru in less than 4 mths; Chile building more than 6,600MW of renewable, solar and wind energy in 2021; EP PetroEcuador lifting force majeure after completing work on bypasses at the Trans-Ecuadorian […]

NRGBriefs: Presidential Elections in Brazil and Colombia

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(Energy Analytics Institute, 4.Jan.2022) — Energy briefs including presidential elections in Brazil and Colombia this yr could see showdowns between Lula da Silva and Jair Bolsonaro as well as Gustavo Petro and a new candidate perhaps from IvĂĄn Duque MĂĄrquez’s party respectively; Mexico’s President Andres Manuel Lopez Obrador presenting the country’s […]

Montenegro’s EPCG To Study Gas-fired Power Plant Projects

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(EPCG, 2.Jan.2022) — Elektroprivreda Crne Gore AD NikĹĄić (EPCG) is the National Energy Company of Montenegro. The primary activities carried out by EPCG are electricity generation, electricity supply, electricity trading, construction and maintenance of electric power facilities, designing and supervision, and other activities prescribed by the Statute of EPCG. Starting from […]

Orvana Files 2021 Annual Info

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(Orvana, 29.Dec.2021) — Orvana Minerals Corp. (TSX: ORV) filed its annual info. For for the year ended 30 September 2021 (the “AIF”) and independent 43-101 report on the Don Mario Tailings Reprocessing Project, Eastern Bolivia. The company also provided a summary of its updated preliminary assessment report for Taguas Project, which will be […]

Orvana Closes €15mn Syndicated Loan in Spain

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(Orvana Minerals, 23.Dec.2021) — Orvana Minerals Corp. (TSX: ORV) closed a €15mn syndicated loan with two Spain-based banks, through its wholly-owned subsidiaries in Spain, Orvana Minerals Iberia S.L.U. and Orovalle Minerals S.L. Orvana will use the proceeds to fund the development of the Taguas Project in Argentina and structural capital expenditures in Spain. “The closing of […]

PROVIRIDIS Buys Battery Storage Technology From ADS-TEC Energy

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(ADS-TEC Energy GmbH, 14.Dec.2021) — ADS-TEC Energy GmbH announces that PROVIRIDIS bought its battery storage technology for smart multi-energy filling stations in France. The storage systems in container format supply each two fast charging points with their own PV power, increase grid performance and smooth load peaks. Three locations have been […]

Equinor Boost Ownership In The Statfjord Field

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(Equinor, 8.Dec.2021) — Equinor entered into an agreement to acquire all of Spirit Energy’s production licenses in the Statfjord area which spreads across the Norwegian and UK Continental Shelves and are developed by three integrated production platforms (Statfjord A, B, C). All licenses are operated by Equinor. Both parties agreed […]

Equinor Invests In Battery Storage

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(Equinor, 6.Dec.2021) — Equinor signed an agreement with Noriker Power Limited, a leading battery storage developer in the United Kingdom focusing on the engineering and project development of utility scale storage and stability services. The agreement includes the acquisition of a 45% stake in Noriker, with an option to acquire […]

HĂśegh LNG Holdings Initiates Buyout Offer for HĂśegh LNG Partners LP

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(HĂśegh LNG, 6.Dec.2021) — HĂśegh LNG Holdings Ltd. submitted a non-binding proposal to the Board of Directors of HĂśegh LNG Partners LP (HMLP) pursuant to which HĂśegh LNG would acquire through a wholly owned subsidiary all publicly held common units of the Partnership in exchange for $4.25 in cash per common unit. If approved, the […]

Maersk Re-enters One-well Deal With Petrogas

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(Maersk, 1.Dec.2021) — Maersk Drilling and Petrogas North Sea Ltd have agreed to exercise the previously agreed exclusive option to employ the harsh-environment jack-up rig Maersk Resilient to drill an appraisal well at the Birgitta field in the UK sector of the North Sea. The contract is expected to commence in end-2021, […]

Stena RoRo’s E-Flexer Salamanca Delivered To Brittany Ferries

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(Stena RoRo, 30.Nov.2021) — The Salamanca, the second of five ships in the E-Flexer class ordered by Stena RoRo for Brittany Ferries was delivered on 30 November. The vessel is the sixth E-Flexer of twelve ordered from the Chinese shipyard CMI Jinling (Weihai). The Salamanca will be chartered by Brittany Ferries on a long-term basis and has been especially […]

NRGBriefs: Argentine Pipeline Tender, Lebanon Summit

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(Energy Analytics Institute, 30.Nov.2021) — Energy briefs including Argentina revealing plans for a tender for the start of the process for the construction of the first stage of the NĂŠstor Kirchner Gas Pipeline and the Transport.Ar National Production Gas Pipeline System; the EU welcoming the “largely calm and peaceful atmosphere” […]

Wood Mac Weighs In On Key COP26 Takeaways

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(WoodMac, 15.Nov.2021) — Following the conclusion of the COP26 on 13 November, Wood Mackenzie experts weigh in on the key developments of the conference.   Jonny Sultoon, global head of markets and transitions, said: “Wood Mackenzie sees the COP26 as a qualified success.   “The big splash was the announcement […]

Baker Hughes And Shell To Accelerate Energy Transition

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(Baker Hughes, 10.Nov.2021) — Energy technology company Baker Hughes (BKR: NYSE) and Shell Global Solutions BV signed a broad strategic collaboration agreement to accelerate the global energy transition by helping each other achieve their respective commitments for net-zero carbon emissions and advancing solutions to decarbonize energy and industrial sectors. The […]

Montenegro Sets Roadmap For Carbon Neutral Future

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(Montenegro Ministry of Ecology, 3.Nov.2021) — The Government of Montenegro is accelerating the pace of its journey towards global net zero. This includes an increase in emission reduction targets and participation in global initiatives such as the UN’s No New Coal agreement, the Global Oceans Alliance and the Sofia Declaration. Despite only […]

NRGBriefs: Atlantic LNG’s Carbon Abatement Plan

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(Energy Analytics Institute, 29.Oct.2021) — Energy briefs including Atlantic LNG revealing its carbon abatement strategy; Brazil’s oil giant Petrobras reducing its gross debt load to $59.6bn in the 3Q:21; and more. LATIN AMERICA AND THE CARIBBEAN Colombia — GoldMining Inc. (TSX: GOLD) (NYSE American: GLDG) entered into and closed an […]

TechnipFMC and Saipem to Unlock New Opportunities

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(TechnipFMC, 27.Oct.2021) — TechnipFMC (NYSE: FTI) (PARIS: FTI) and Saipem (MILAN: SPM) entered into a global commercial agreement that will allow them to identify projects worldwide that could be jointly executed for the benefit of clients. The commercial agreement will pursue specific Subsea Umbilicals, Risers and Flowlines (SURF) projects where […]

NRGBriefs: Guyana Courts The UAE Or Vice Versa

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(Energy Analytics Institute, 21.Oct.2021) — Energy briefs including details of Guyana’s President Irfaan Ali courting investors in the UAE; the repercussions in Caracas from the extradition of Alex Saab to Miami from Capo Verde, and Shell Trinidad and Tobago eyeing finally signing a PSC for development of the 2.7 Tcf […]

Project Extension To Unlock Further 500MW Of Capacity

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(NGET, 14.Oct.2021) — National Grid Electricity Transmission (NGET) is expanding the use of transformational power flow control technology – building on the successful installations of the world’s first large scale use of the Smart Wires technology on its UK network earlier this year. NGET owns the cables and substations that […]

NRGBriefs: Colombia Eyes Hydrogen

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(Energy Analytics Institute, 29.Sep.2021) — Energy briefs including revelation of Colombia’s hydrogen roadmap, Xodus conducting a study of Suriname’s gas resources and TotalEnergies CEO Patrick PouyannĂŠ presenting the co.’s strategy outlook presentation. LATIN AMERICA AND THE CARIBBEAN Colombia — Colombia’s oil and mines minister Diego Mesa revealed 29 Sep. 2021 […]

Vertical And Bristow Team Up To Electrify Helicopter Market

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(Bristow, 21.Sep.2021) — Bristow Group Inc. (NYSE: VTOL) and Vertical Aerospace Group Ltd announced a Memorandum of Understanding (MOU) under which the two firms will cooperate on the certification, operational planning and potential purchase of up to 50 eVTOL aircraft.  Bristow’s pre-order of 25 aircraft, along with the option for […]

British Gov’t Prepares To Help With Gas Crisis

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(NPR, 18.Sep.2021) — The British government is putting up to 150 army drivers on standby to operate gas tanker trucks, as the country’s fuel delivery crisis continues and motorists roam greater London in search of open gas stations. The government insists the U.K. is not facing a fuel shortage, just […]

Borr Drilling Reports Preliminary 2Q:21 Results

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(Borr Drilling, 31.Aug.2021) — Borr Drilling Limited announces preliminary unaudited results for the three and six months ended 30 June 2021. Highlights second quarter of 2021            Total operating revenues of $54.8mn, an increase of 13% compared to the first quarter of 2021            Net loss of $59.9mn, an increase of $5.5mn […]