News
Belgium: Ackermans & van Haaren Announces 2011 Results
The Board of Directors of Ackermans & van Haaren NV announces that the consolidated net result (group share) increased by 10% to € 177.5 mio (compared to € 160.8 mio in 2010). The strong performance of both Delen Private Bank and Bank J.Van Breda & Co provided a record contribution to the group’s re
Spain: Conventional Gas Demand Hits Record High in Feb, Enagas Says
Spain’s Enagás said that conventional demand for natural gas (domestic, commercial industrial and cogeneration consumption) reached a new all-time monthly record in February of 30,730 GWh. The previous monthly record for conventional demand was in January with 30,063 GWh, with average temperatures f
Volvo Trucks: Europe Lacks LNG Infrastructure
Liquefied natural gas (LNG) is a viable lower-carbon alternative to diesel for heavy-duty long-haul trucks, but the necessary infrastructure for it in Europe is lacking. Volvo Trucks is involved in efforts to establish ‘blue corridors’ with strategically placed filling stations to make the fuel more
UK: PD Ports Becomes Main Construction Logistics Hub for Teesside Offshore Wind Farm
PD Ports has been appointed as the main construction logistics hub at the Port of Hartlepool for the Teesside Offshore Windfarm Project. Over the next seven months, the Port of Hartlepool will be the focal point for all materials and components to be installed in the new wind farm being developed by
Gazprom, Eni Reach Deal on Gas Contracts (Russia)
Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Paolo Scaroni, Chief Executive Officer of Eni. The parties discussed current issues and prospects for further cooperation in the energy sector. Particular attention was paid
Italy: Ageotec Provides Meteorological and Marine Parameter Measuring System for ARPAL
Ageotec, in association with ETG companies, has provided the Regional Agency for Environmental Protection Ligure (ARPAL) with a system for measuring meteorological and marine parameters. This system, installed off Cape Mele (SV) and launched on 23 February, will record in real time wave motion, wave
Italy: Ageotec Provides Meteorological and Marine Parameter Measuring System for ARPAL
Ageotec, in association with ETG companies, has provided the Regional Agency for Environmental Protection Ligure (ARPAL) with a system for measuring meteorological and marine parameters. This system, installed off Cape Mele (SV) and launched on 23 February, will record in real time wave motion, wave
The Netherlands: MSC Begins Construction of Leeuwarden Container Terminal
In January, the Drachten transport company MSC started the construction of a container terminal in Leeuwarden. The sheet pile wall is already in place and the pile driving has begun. The terminal will be alongside the Van Harinxma Canal and will cost € 8.5 million. The canal will get a turning basin
UK: Buckie Harbour to Become Key Base for Renewables Industry
Moray Port could be used as a key base for offshore renewables industry, reports Press and Journal. Green Energy companies think that Buckie is appropriate to use potential of the 400 planned turbines. Buckie harbour consists of four basins which can accommodate vessels up to 80m in length and 4.2m
UK: Coordination of Offshore Wind to Save Billions
Coordination in the way links to offshore wind farms are developed could reduce the cost of offshore connections by between £0.5 and 3.5 billion. Preparatory investment in anticipation that more generators will connect could be allowed – as long as Ofgem is satisfied that customer interests are prot
Gazprom Files International Arbitration Suit Against Lithuania
Russia’s Gazprom said it has filed a lawsuit with the International Court of Arbitration against the Lithuanian Government to protect the Company’s investments in the Republic of Lithuania. The statement was made today by Gazprom’s spokesman at the meeting of the Lietuvos Dujos Board during the vote
UK: Interest in Grimsby Enterprise Zone Becomes High
Strong interest has been expressed in the enterprise zone currently being finalised to help Grimsby realise its ambitions to become a hub for offshore wind farm operations and maintenance. Two areas on the North Wall have been selected, after the application was made to increase the zones already co
Gazprom, Bulgaria Discuss South Stream
Led by Alexey Miller, Chairman of the Gazprom Management Committee, the Company’s delegation paid a working visit to the Republic of Bulgaria yesterday. During the visit Alexey Miller met with Boyko Borisov, Bulgarian Prime Minister and Traycho Traykov, Bulgarian Minister of Economy, Energy and Tour
BG Group Gets USD 1.8 Billion Brazilian Loan
BG Group of UK today said that it has received initial approval from the Brazilian Development Bank (BNDES) for up to $1.8 billion of long-term finance to fund part of the company’s interests in the pre-salt Santos Basin, offshore Brazil. Subject to further approvals and the completion of a final ag