(Energy Analytics Institute, 30.Oct.2024) — Subsea7 announced the award to Seaway7, part of the Subsea7 Group, of a substantial contract by Ørsted for the transport […]
Category: Europe
Europe energy
Eni Reports 3Q:24 Financial Results (PDF Downloads)
(Eni, 25.Oct.2024) — Eni‘s Board of Directors, chaired by Giuseppe Zafarana, yesterday approved the unaudited consolidated results for the third quarter and nine months of […]
Eni Set Outs Decarbonization and Relaunch Plan for Versalis
(Eni, 24.Oct.2024) — As first announced at the presentation of its 2024-2027 Strategic Plan, Eni has finalized its transformation and relaunch plan for its chemicals […]
Eni Inks Deal for KKR to Enter Enilive’s Share Capital
(Eni, 24.Oct.2024) — Eni and KKR have signed an agreement under which KKR will take a 25% stake in Enilive’s share capital, for a total […]
Eni’s BODs on Distribution to Shareholders
(Eni, 24.Oct.2024) — Eni’s Board of Directors, chaired by Giuseppe Zafarana, resolved to distribute to shareholders the second of the four tranches of the provision […]
Equinor to Begin 4th tranche of share Buy-Back for 2024
(Equinor, 23.Oct.2024) — Equinor will on 25 Oct. 2024 commence the fourth and final tranche of up to $1.6bn of the share buy-back programme for […]
Equinor Reports 3Q:24 Total Equity Production of 1,984 Mboe/d
(Equinor, 23.Oct.2024) — Equinor delivered adjusted operating income* of $6.89bn and $2.04bn after tax in the third quarter of 2024. Equinor reported net operating income […]
Bureau Veritas Reports Strong 3Q:24 Organic Revenue Growth
(Bureau Veritas, 23.Oct.2024) — France-based Bureau Veritas provided an update of its third-quarter 2024 financial and operations details. Hinda Gharbi, Chief Executive Officer, commented: “We […]
Smoke Development on the Sleipner B Platform
(Equinor, 22.Oct.2024) — Equinor announced that the emergency vessels Skandi Mongstad and Esvagt Bergen have used seawater to cool down the Sleipner platform from a […]
EU Backs CCUS Project at Cemex’s Rüdersdorf Cement Plant
(Cemex, 22.Oct.2024) — A consortium comprised of Cemex and Linde, a global industrial gases and engineering company, has been selected to receive €157mn in funding […]
Plenitude Starts Construction of New 220MW Solar Plant in Villarino de los Aires in Spain
(Eni, 17.Oct.2024) — Plenitude has started the construction works in Villarino de los Aires (Salamanca, Spain) of a solar plant, with a future installed capacity […]
Equinor’s 3Q:24 Safety Results
(Equinor, 17.Oct.2024) — Equinor’s overall long-term safety trend continues to move in a positive direction, but the total number of injuries has increased somewhat by […]
Phillips 66 to Divest Interest in Switzerland-based JV for $1.24bn
(Energy Analytics Institute, 14.Oct.2024) — Phillips 66‘s subsidiary, Phillips 66 Limited, entered into a definitive agreement to sell its 49% non-operated equity interest in Coop […]
OPEC’s Al Ghais on Oil Demand Peaking by 2030
(Energy Analytics Institute, 13.Oct.2024) — OPEC Secretary General HE Haitham Al Ghais said that claims around oil demand peaking by 2030, or even dropping by […]
Green Yard Inks Shipbuilding Deal with OMV Petrom
(Green Yard, 11.Oct.2024) — Green Yard Kleven has signed a shipbuilding contract with the Romanian integrated energy company OMV Petrom S.A. for the construction of […]
TotalEnergies Expands Global LNG Bunkering Footprint
(TotalEnergies, 10.Oct.2024) — TotalEnergies signed a charter contract with Spanish shipowner Ibaizabal for a new Liquefied Natural Gas (LNG) bunker vessel of 18,600m3 capacity. This new […]
TotalEnergies Inks Renewable Supply Deal with Saint-Gobain
(TotalEnergies, 8.Oct.2024) — TotalEnergies has signed with Saint-Gobain a Power Purchase Agreement (PPA), under which TotalEnergies will supply renewable electricity to Saint-Gobain’s French facilities. It will take effect […]
TotalEnergies Joins RWE in Two Offshore Wind Projects
(TotalEnergies, 7.Oct.2024) — TotalEnergies signed an agreement with RWE to acquire a 50% stake in two offshore wind projects in the North Sea. These two […]
Saipem Accelerates Research into Geothermal Energy
(Saipem, 7.Oct.2024) — Saipem has signed a Memorandum of Understanding to explore innovative solutions for the development of geothermal energy with Geolog, a company in […]
Equinor Buys 9.8% Minority Stake in Ørsted
(Equinor, 7.Oct.2024) — The transaction establishes Equinor as the second largest shareholder in Ørsted, after the Danish State, which holds a controlling stake in the […]
Winter is Coming in Europe as Geopolitical Risks Rise: Rystad EnergyÂ
(Rystad, 4.Oct.2024) — Here is Rystad Energy’s gas and LNG market update from analyst, Christoph Halser: “Norway concludes its gas maintenance season with some disruptions, […]
Saipem Presents Solution for Large-scale Green Hydrogen Production
(Saipem, 2.Oct.2024) — Saipem and Nel ASA, during the 2024 World Hydrogen Week in Copenhagen, unveiled IVHYâ„¢ 100, a groundbreaking turn-key 100 MW electrolyser concept, […]
EAI’s NRGBriefs: Sep. 2024
(Energy Analytics Institute, 30.Sep.2024) — Energy briefs as well as others related to finance and projects during Sep. 2024 including Petrobras inking separate MOUs with […]
Northern Lights Ready to Receive CO2
(Equinor, 26.Sep.2024) — On 26 Sep. 2024 the Norwegian Minister of Energy conducts the official opening of the Northern Lights CO2 transport and storage facility in […]
Northern Lights Completion World’s First Commercial CO2 Transport and Storage Service
(Northern Lights, 26.Sep.2024) — Northern Lights JV unveiled the completed CO2 receiving facilities in Øygarden, Norway. The onshore and offshore infrastructure has been delivered on […]
Northern Lights Facilities Finished, Ready to Store CO2
(TotalEnergies, 26.Sep.2024) — TotalEnergies and its partners, Equinor and Shell, announce the completion of the CO2 receiving and storage facilities of Northern Lights Joint-Venture in […]
Eni Releases 2024 Methane Report
(Eni, 26.Sep.2024) — Eni SpA’s actions to reduce methane emissions across its operations are revealed in the company’s Methane Report 2024. ____________________
Masdar to Buy Saeta from Brookfield for $1.4bn
(Masdar, 24.Sep.2024) — Abu Dhabi Future Energy Company PJSC (Masdar), the UAE’s clean energy powerhouse, announced the proposed acquisition of Saeta Yield from Brookfield Renewable, […]
Air France-KLM Ramps up SAF Offtake with TotalEnergies
(TotalEnergies, 23.Sep.2024) — TotalEnergies and Air France-KLM have signed an agreement for TotalEnergies to supply up to 1.5 million tons of more sustainable aviation fuel (SAF) […]
CRRC to Unveil Rail Transit and Full Life-Cycle System Solutions at InnoTrans 2024
(CRRC, 22.Sep.2024) — Under the theme of On Track for A Low Carbon Future, CRRC Corporation Limited (“CRRC”, SHA: 601766) will display its line-up of passenger and […]
SLB Launches Lumi Platform
(SLB, 17.Sep.2024) — SLB launched the Lumiâ„¢ data and AI platform, which integrates advanced artificial intelligence (AI) capabilities—including generative AI—with workflows across the energy value […]
Venture Global Expand European Regas Capacity
(Venture Global, 17.Sep.2024) — Venture Global announced the execution of a binding long-term terminal use agreement (TUA) with GASTRADE S.A. enabling the regasification and sale of liquefied natural […]
Johan Castberg Anchored in the Barents Sea
(Equinor, 17.Sep.2024) — The floating production, storage and offloading vessel (FPSO) is now securely anchored on the Johan Castberg field in the Barents Sea. The […]
Höegh LNG Changes Name to Höegh Evi
(Höegh LNG, 16.Sep.2024) — Höegh LNG has changed its name to Höegh Evi.  Standing for “energy vector infrastructure,” the name Evi reflects the recent expansion of […]
Reducing Emissions from the Troll Field
Equinor, 11.Sep.2024) — On Saturday, 7 Sep. 2024, Troll B and C became partly powered from shore. This reduces annual emissions from the Norwegian continental […]
BW Limited on Ex-Dividend Trading
(Energy Analytics Institute, 9.Sep.2024) — BW LPG Limited will be traded ex-dividend on the Oslo Stock Exchange from 9 Sep. 2024 and from 10 Sep. on […]
Exmar Releases Half-year 2024 Results
(Exmar, 6.Sep.2024) — The Board of Directors of EXMAR has approved the interim accounts for the period ending 30 June 2024. The interim condensed consolidated financial […]
Increased Ripple Effects from Equinor in Norway
(Equinor, 28.Aug.2024) — A new report shows that deliveries for exploration, development projects and operation of Equinor-operated fields and onshore facilities in Norway had a value […]
Rising Energy Demand, Underinvestment Jeopardise Global Energy, IGU SaysÂ
(IGU, 27.Aug.2024) —The International Gas Union (IGU), Snam and knowledge partner Rystad Energy, are releasing the 2024 Global Gas Report (GGR) at the ONS Conference. Global gas markets stay in fragile […]
Strengthening Emergency Preparedness in the Barents Sea
(Equinor, 27.Aug.2024) — Equinor will establish and operate a new area-wide emergency preparedness solution for the southwestern Barents Sea. The solution will add new resources, expertise […]
Equinor to Use World’s First Ammonia-powered Supply Vessel
(Equinor, 26.Aug.2024) — Equinor has signed a contract with Eidesvik Offshore for the conversion of the Viking Energy supply vessel to ammonia operation. The vessel will […]
Equinor Announces Cash Dividend for 1Q:24
(Equinor, 23.Aug.2024) — Equinor ASA announced on 25 April 2024 an ordinary cash dividend per share of USD 0.35 and an extraordinary cash dividend per […]
Eni Inks MoU with SOCAR to Explore Cooperation in Energy ProjectsÂ
(Eni, 30.Jul.2024) — Eni CEO Claudio Descalzi and SOCAR (State Oil Company of Azerbaijan Republic) CEO Rovshan Najaf signed a Memorandum of Undestanding (MoU) in Baku […]
Itabus Travels with Enilive’s Biofuel, 100% Made from Renewable Raw Materials
(Eni, 29.Jul.2024) — Itabus, an Italian transport company, is now using Enilive‘s HVOlution diesel biofuel to power its fleet of next-generation buses.  The new agreement strengthens […]
TotalEnergies Reports 2Q:24 Results, Eyes Suriname Block 58 FID
(TotalEnergies, 25.Jul.2024) —The Board of Directors of TotalEnergies SE, chaired by CEO Patrick Pouyanné, met on 24 July 2024, to approve the second quarter 2024 […]
Eni Reports 2Q:24. and 2H:24 Results
(Eni SpA, 26.Jul.2024) — Eni‘s Board of Directors, chaired by Giuseppe Zafarana, yesterday approved the unaudited consolidated results for the second quarter and first half 2024. […]
Repsol Reveals New Share Buyback, Updates on Venezuela
(Repsol, 26.Jul.2024) — Repsol posted net income of €1.626bn in the first half of 2024, up 14.5%, a period marked by the presentation and implementation of […]
GAR Boosts Presence with New Storage Capacity in Europe´s Largest
(GAR, 25.Jul.2024) — Golden Agri-Resources (GAR) announced a new lease partnership for storage capacity at the state-of-the-art Chane terminal in Rotterdam, the largest port in Europe. The first shipment […]
Plenitude Completes new 39 MW Wind Farm in Calabria
(Eni, 25.Jul.2024) — Plenitude has completed the construction of a new onshore wind farm with a capacity of around 39 MW in Borgia (in the province […]
Eni on Approval of First Tranche of 2024 dividend: € 0.25/Share
(Eni, 25.Jul.2024) — Eni’s Board of Directors, chaired by Giuseppe Zafarana, today resolved to distribute to Shareholders the first of the four tranches of the provision […]