(EU Council, 6.Jan.2021) — The Venezuelan elections of 6 December 2020 for the National Assembly regrettably went ahead without a national agreement on electoral conditions. […]
Category: Europe
Europe energy
Gunvor Closes Innovative New Natural Gas Facility
(Gunvor, 21.Dec.2020) — Gunvor Group successfully closed a new €300mn financing facility, which consists of a syndicated, pan-European natural gas repo facility to cover multiple […]
Grid Expert To Lead Smart Wires Europe
(Smart Wires, 10.Dec.2020) — Global power technology company, Smart Wires, announced that leading European electricity grid expert, Marie Hayden, has been appointed General Manager, Europe. […]
Gunvor Launches $540mn Biodiesel Borrowing Base
(Gunvor, 4.Dec.2020) — Gunvor Group successfully closed a new $540mn borrowing base facility to support the company’s biodiesel trading activity. The facility drew strong support […]
OPEC+ To Boost Output After Tense Negotiations
(WoodMac, 4.Dec.2020) — Tense negotiations and rumours of a rift between Saudi Arabia and UAE ended with a compromise deal for OPEC+ on 3 December […]
Braskem And Haldor Topsoe Production MEG From sugar
(Braskem, 23.Nov.2020) — Braskem, the largest petrochemical company in the Americas and a world leader in the production of biopolymers, and Denmark-based Haldor Topsoe, a […]
Seadrill Takes Actions To Address Capital Structure
(Seadrill, 20.Nov.2020) — “Seadrill continues to play its part in establishing a more viable market environment – taking action on scrapping rigs, reducing the cost […]
Panasonic And Equinor Eye European Battery Business
(Panasonic, 18.Nov.2020) — The companies will work together towards summer 2021 to assess the market for lithium-ion batteries in Europe and mature the business case […]
Total And ADNOC Ink CO2 Emissions Framework Deal
(Total, 12.Nov.2020) — Total signed a strategic framework agreement with the Abu Dhabi National Oil Company (ADNOC), to explore joint research, development and deployment partnership […]
Total’s 3Q:20 Results Call Transcript
(Seeking Alpha, 30.Oct.2020) — Details of Total’s third quarter earnings conference call on 30 October 2020 can be found here. Company Participants Jean-Pierre Sbraire – […]
France’s Total Charters Four New LNG-powered Vessels
(Total, 28.Oct.2020) — Total is pursuing its strategy to reduce greenhouse gases emissions in maritime transportation, by chartering four Aframax-type vessels equipped with liquefied natural […]
Total Obtains 20% Of Volumes In Solar Tender
(Total, 27.Oct.2020) — Total, through Total Quadran, a wholly-owned affiliate dedicated to developing and producing renewable energy in France, was awarded 67 megawatt-peak (MWp) of […]
Repsol To Advanced Biofuels Plant In Cartagena
(Repsol, 22.Oct.2020) — Repsol will build the first production plant for advanced biofuels in Spain at its Cartagena refinery. From this new facility, the multi-energy […]
JinkoSolar To Supply 204 MW Of Swan Bifacial Modules
(JinkoSolar, 19.Oct.2020) — JinkoSolar Holding Co., Ltd. signed a Module Supply Agreement for the Kozani project in the north of Greece, which has been developed […]
Six Norway Oil And Gas Fields Shut Amid Strike
(Reuters, 4.Oct.2020) — Six Norwegian offshore oil and gas fields were shut on Monday as more workers joined a strike over pay, companies and union […]
Repsol Begins Producing At Its Delta Wind Project
(Repsol, 1.Oct.2020) — Repsol, as part of its commitment to an efficient and sustainable energy transition, has reached a new milestone and started to generate […]
Equinor Inks Deal For Kollsnes MEG Upgrade
(Equior, 17.Sep.2020) — On behalf of the operator Gassco, Equinor has awarded Wood an engineering, procurement, construction and installation (EPCI) contract for the MEG Upgrade […]
Noble Lloyd Noble To drill At Valemon
(Equinor, 8.Sep.2020) — Noble Drilling Norway AS has been awarded a contract for drilling three wells at the Valemon field from the summer of 2021, […]
Saipem To Build 450 MW Offshore Wind Farm In Italy
(Reuters, 25.Aug.2020) — Italy’s Saipem has signed an agreement to build a 450 megawatt (MW) offshore wind farm in the Adriatic Sea in northern Italy, […]
EP PetroEcuador Exports Industrial Residue To France
(Energy Analytics Institute, 18.Aug.2020) — EP PetroEcuador exported tons of industrial waste from the Esmeraldas Refinery for final disposal at treatment plants in France and […]
Total Closes Sale Of Non-Core Assets To NEO Energy
(Total, 6.Aug.2020) — Following the regulatory approvals and the agreement of partners, Total closed the sale of UK North Sea non-core assets to NEO Energy. […]
Kosmos’ 2Q Conference Call And Webcast
(Kosmos, 3.Aug.2020) — Kosmos Energy Ltd. Kosmos will host a conference call and webcast to discuss second quarter 2020 financial and operating results today at […]
Total Maintains 2Q:20 Dividend At €0.66/share
(Total, 30.Jul.2020) — Total’s Board of Directors met on 29 July 2020, and declared the distribution of the second 2020 interim dividend at €0.66/share, stable […]
Siemens To Establish Mobile Working As “New Normal”
(Siemens, 16.Jul.2020) — Siemens will establish mobile working as a core component of its “new normal” and will make it a permanent standard, both during […]
Investors In Russian Pipeline At Risk Of US Sanctions
(Reuters, 15.Jul.2020) — U.S. Secretary of State Mike Pompeo on Wednesday warned investors in two Russian natural gas pipeline projects that they could face sanctions […]
Venezuela Awaits New Products Cargo From Italy
(Argus, 3.Jul.2020) — Venezuela will receive another products cargo from Italy next week, highlighting the endurance of debt-related oil trade with EU companies that falls […]
AlgaEnergy Expands To France And North Africa
(AlgaEnergy, 2.Jul.2020) — AlgaEnergy S.A., a global leader in microalgae biotechnology, continued its global expansion with the appointment of Bachar Blal as Regional Business Manager […]
Aker Solutions Awarded LOI For Breidablikk
(Aker, 24.Jun.2020) — Aker Solutions has been awarded a letter of intent from Equinor for the delivery of a subsea system for the Breidablikk project […]
Total Joins The “Getting To Zero Coalition”
(Total, 8.Jun.2020) — Total has joined the Getting to Zero Coalition to support the maritime industry’s decarbonisation by collaborating with companies across the maritime, energy, […]
Women At The Top Of UK Energy Sector Rises
(PwC, 3.Jun.2020) — POWERful Women and PwC have today published the latest ‘state of the nation’ on the gender balance at the top of the […]
Total Enters Into North Sea Wind Farm Project
(Total, 3.Jun.2020) — Total has entered into an agreement with SSE Renewables, to acquire a 51% stake in the Seagreen 1 offshore wind farm project […]
US Senators Expected To Sanction Nord Stream 2
(Reuters, 29.May.2020) — Two U.S. senators are expected to introduce next week sanctions on the Nord Stream 2 natural gas pipeline that Russia is trying […]
Financing For Development During Era Of COVID-19
(IMF, 28.May.2020) — Opening remarks from International Monetary Fund (IMF) Managing Director Kristalina Georgieva at an United Nation event on financing for development in the […]
First Semi-submersible Floating Wind Farm Sets Sail
(Repsol, 28.May.2020) — The WindFloat Atlantic project is taking one of the final steps towards becoming fully operational. The last of the three pre-assembled wind […]
FBI Probes Firms Over Venezuela Oil Trading
(Reuters, 13.May.2020) — The FBI is probing several Mexican and European companies allegedly involved in trading Venezuelan oil as it gathers information for a U.S. […]
Nynas Exits US Sanctions
(Nynas, 12.May.2020) — The US Treasury Department’s Office of Foreign Asset Control (OFAC) announced today that Nynas is no longer being blocked pursuant to the […]
France’s Total Adopts A New Climate Ambition
(Total, 5.May.2020) — Total announces today its ambition to get to net-zero emissions by 2050 together with society for its global business across its production […]
Aker Solutions ASA: First Quarter Results 2020
(Aker, 30.Apr.2020) — Aker Solutions reported first-quarter revenue of NOK 6.5 billion, a decline of 10 percent compared with the first quarter 2019, as the […]
Repsol Launches Solmatch
(Repsol, 30.Apr.2020) — Repsol has launched Solmatch, the first large solar community in Spain, as part of its commitment to offering different supply alternatives to […]
LNG Continues Enhancing Global Energy Security: IGU
(IGU, 27.Apr.2020) — The International Gas Union (IGU) is pleased to launch its annual LNG report for 2020. The comprehensive analysis highlights all the material […]
Core Lab Reports 1Q:20 Results
(Core Lab, 22.Apr.2020) — Core Laboratories N.V. reported that continuing operations resulted in first quarter 2020 revenue of $152,400,000. The financial results for the first […]
Saudi OSPs For Oil Exports Bode Well For Asian Refiners
(WoodMac, 16.Apr.2020) — On 13 April, Saudi Arabia announced the Official Selling Prices (OSPs) for its May crude oil exports. The new OSPs speak volumes […]
Wärtsilä Awarded LatAm Power Plant EPC Contracts
(Wärtsilä Corp., 15.Apr.2020) — The technology group Wärtsilä has been awarded full engineering, procurement, and construction (EPC) contracts for two power plants in Latin America. […]
OPEC And Non-OPEC To Cut Output By 9.7 MMb/d
(OPEC, 12.Apr.2020) — The 10th (Extraordinary) OPEC and non-OPEC Ministerial Meeting was held via videoconference, on Sunday, 12 April 2020, under the Chairmanship of HRH […]
Collapsing Demand Sets Terms In OPEC+ Battle
(WoodMac, 9.Apr.2020) — Since OPEC+’s failure to agree on production restraint on 5-6 March, the implications of the Covid-19 pandemic have become far clearer, sparking […]
WoodMac On OPEC+ Production Plan
(WoodMac, 9.Apr.2020) — As OPEC+ agreed at cut of 10 million b/d, WoodMac’s Ann-Louise Hittle said: “A 10 million b/d cut would be very supportive […]
Brief Intro Remarks By OPEC Secretary General
(OPEC, 9.Apr.2020) — Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the 9th (Extraordinary) OPEC and non-OPEC Ministerial Meeting, 9 April 2020, via […]
COP’s Exploration Strategy From Norway To Argentina
(ConocoPhillips, 30.Mar.2020) — ConocoPhillips’ exploration strategy emphasized flexibility and discovering new barrels accretive to its existing portfolio. The company’s 2019 exploration focused on select business […]
Nynas Applies For Company Reorganization
(Nynas, 12.Mar.2019) — Nynas AB (publ) has today filed for company reorganisation at Södertörn’s District Court. Nynas loans have not been extended by the banks. […]
Ecopetrol Restricts Travel To Asia And Europe
(Reuters, 2.Mar.2020) — Colombia’s state-run oil company Ecopetrol SA placed restrictions on business travel to all Asian and European countries on Monday in response to […]