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Share Name Share Symbol Market Type Share ISIN Share Description
Energiser Investments Plc LSE:ENGI London Ordinary Share GB00B06CZD75 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 0.65 0.60 0.70 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 -0.1 -0.1 - 0

Energiser Investments Share Discussion Threads

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DateSubjectAuthorDiscuss
30/12/2021
12:35
TPG Pace Beneficial Finance and EVBox Group Mutually Agree to Terminate Business Combination Agreement December 29, 2021 05:53 PM Eastern Standard Time SAN FRANCISCO & AMSTERDAM--(BUSINESS WIRE)--TPG Pace Beneficial Finance Corp. (NYSE: TPGY.U, TPGY, TPGY WS) (“TPG Pace”), a publicly traded special purpose acquisition company, and EV Charged B.V. (“EVBox Group”), today announced that TPG Pace, Edison Holdco B.V., New TPG Pace Beneficial Finance Corp., ENGIE New Business S.A.S. (“Engie Seller”) and EVBox Group have mutually agreed to terminate their previously announced business combination agreement, effective immediately. TPG Pace intends to continue to pursue the consummation of a business combination with an appropriate target. With the agreement terminated, TPG Pace, Engie Seller and EVBox Group may (but are not required to) continue to discuss a potential business combination transaction involving TPG Pace and EVBox Group. About TPG TPG is a leading global alternative asset firm founded in San Francisco in 1992 with $109 billion of assets under management and investment and operational teams in 12 offices globally. TPG invests across five multi-product platforms: Capital, Growth, Impact, Real Estate, and Market Solutions. TPG aims to build dynamic products and options for its clients while also instituting discipline and operational excellence across the investment strategy and performance of its portfolio. For more information, visit www.tpg.com or @TPG on Twitter. About TPG Pace Group and TPG Pace TPG Pace Group is TPG’s dedicated permanent capital platform. TPG Pace Group has a long-term, patient and highly flexible investor base, allowing it to seek compelling opportunities that will thrive in the public markets. TPG Pace Group has sponsored seven special purpose acquisition companies (“SPACs”) and raised more than $4.4 billion since 2015. TPG Pace raised $350 million in its October 2020 IPO in order to seek a business combination target that combines attractive business fundamentals with, or with the potential for strong environmental, social and governance (“ESG”) principles and practices. For more information, visit hxxps://www.tpg.com/pace-beneficial-finance. About EVBox Group Founded in 2010, EVBox Group is a leading global provider of EV charging technologies, empowering forward-thinking businesses to drive sustainable mobility, by offering integrated, flexible and scalable EV charging solutions. For more information, visit evbox.com. For media questions, please reach out to press@evbox.com.
grupo guitarlumber
30/12/2021
11:34
Northern Bear shares drop on serving of GBP1.9 million legal claim Wed, 29th Dec 2021 08:49 Alliance News (Alliance News) - Northern Bear PLC on Wednesday said its subsidiary, Springs Roofing Ltd, has been served a notice of formal court proceedings regarding a claim by Engie Regeneration FHM Ltd for GBP1.9 million. Shares in the Newcastle-based building services firm were 9.0% lower at 60.50 pence on Wednesday in London. In the company's annual report for the year ended March 31, Northern Bear said that Springs Roofing had received correspondence regarding a claim of up to GBP2 million on a roofing contract carried out from April 2009 to March 2011 for Engie Regeneration. Spring Roofing said it intends to defend the claim vigorously and are currently reviewing the claim documents alongside legal advisers. By Dayo Laniyan; dayolaniyan@alliancenews.com
grupo guitarlumber
24/12/2021
09:32
GTT entrusted with tank design of new LNG carriers Published by Lydia Woellwarth, Editor LNG Industry, Friday, 24 December 2021 09:00 GTT has announced that it has received an order from its partner the Korean shipyard Daewoo Shipbuilding & Marine Engineering for the tank design of two new LNG carriers. GTT has announced that it has received an order from its partner the Korean shipyard Daewoo Shipbuilding & Marine Engineering for the tank design of two new LNG carriers. As part of this order, GTT will design the tanks of the vessels, which will each offer a capacity of 174 000 m3. The LNG carrier tanks will be fitted with the GTT NO96 GW membrane containment system. Deliveries of the vessels are scheduled during first half 2025.
waldron
23/12/2021
08:25
(MT Newswires) -- Engie (ENGI.PA) on Wednesday completed the sale of an 11.5% stake in French natural gas transmission system GRTgaz to Société d'Infrastructures Gazières, or SIG, for 1.1 billion euros ($1.25 billion). SIG is an investment vehicle owned by CNP Assurances and Caisse des Dépôts. The transaction reflects the French utility group's strategy to rebalance its exposure to gas networks as it transitions to renewables and other infrastructure assets.
the grumpy old men
20/12/2021
19:00
Bnamericas Published: Monday, December 20, 2021 Engie Energía Perú proposes US$500mn bond program The board of Engie Energía Perú (EEP) has proposed a bond program of up to US$500mn or equivalent in soles whose issues could be placed via a public and/or private offer. In a regulatory filing, the power generator said the operation would be the company’s fourth corporate bond program and take approximately three months to register. “EEP's management and board of directors believe it is important to maintain an active local bond program with the following objectives: maintain a relationship with the local debt market; [and] to be able to access said market when necessary and subject to market conditions,” EPP said. The company’s first, second and third corporate bond programs were in 2007-11 (323mn soles and US$50mn), 2012-14 (no issues) and 2015-21 (810mn soles). Apoyo & Asociados recently ratified its ‘AAA(pe)’; rating on issues from the first and third programs, and maintained EEP’s common shares at ‘1a(pe)’. The outlook is stable. “The classifications granted reflect the solid financial position of Engie Energía Perú S.A. (EEP or the company), which is based on the adequate level of capitalization, the diversification of its energy sources and the generation of energy at low costs of operation, as well as the backing, in terms of know-how, of its main shareholder, Engie,” Apoyo said last month. EEP’s installed capacity is 2,496MW - around 20% of Peru’s total - from eight plants, with 44% from dual fuel plants, 39% natural gas, 10% hydro, 5% coal and 2% solar. It currently is developing the 260MW Punta Lomitas wind project. In November, EEP was the largest power producer in Peru, accounting for 15% of the 4,537GWh generated in the month, according to grid coordinator COES. In another development from Peru's power sector, the energy and mines ministry approved a request from Kallpa Generación to increase capacity of the Las Flores natural gas-fired plant to 324MW from 282.35MW due to a change in the components of the gas turbine. The plant is scheduled to enter service by May 27, 2022.
waldron
20/12/2021
18:04
Engie, Hannon Armstrong complete 2.3-GW renewables portfolio in US Image by Engie North America December 20 (Renewables Now) - Engie North America Inc on Monday said it has brought online the final project in a 2.3-GW US wind and solar portfolio owned together with climate investor Hannon Armstrong Sustainable Infrastructure Capital Inc (NYSE:HASI). The portfolio's 13 projects are now online after a 50-MW solar farm in Virginia was commissioned and transferred into the portfolio partnership. Its nine onshore wind facilities totalling 1.8 GW and four solar projects with a combined capacity of 500 MW were built between late 2019 and the autumn of 2021, the Houston, Texas-based division of French utility Engie SA (EPA:ENGI) said. Located across five states, the installations are estimated to be generating enough power for more than 500,000 US homes. Each of them has off-take agreements, where they are contributing to the customers’ low-carbon commitments, Engie noted. The French company developed the portfolio and will operate the assets. It agreed to sell a 49% equity stake in the portfolio to Hannon Armstrong in 2020. The 2.3 GW of projects are part of Engie North Americas' US renewables generation fleet of over 3 GW. It also has a pipeline of 10 GW.
waldron
19/12/2021
20:40
Another EU Country Joining Low-Carbon Hydrogen Production Market by Bojan Lepic | Rigzone Staff | Sunday, December 19, 2021 Another EU Country Joining Low-Carbon Hydrogen Production Market Engie and Equinor have announced the H2BE project which aims to develop production of low-carbon hydrogen from natural gas in Belgium. Energy companies Engie and Equinor have announced the H2BE project which aims to develop production of low-carbon hydrogen from natural gas in Belgium. The Belgian federal government released its Hydrogen Strategy in late October and the H2BE project will help Belgium deliver on the strategy. The project aims at producing hydrogen from natural gas using autothermal reforming (ATR) technology combined with carbon capture and storage (CCS). The ATR technology allows for decarbonization rates above 95 percent and for producing hydrogen at a large scale at competitive cost levels. The captured CO2 is planned to be transported in liquid form and to be permanently and safely stored at a site in the sub-surface of the North Sea. Engie and Equinor now launched a feasibility study to assess the technical and economic suitability of a site in the Ghent area. Commercial talks with potential hydrogen off-takers, predominantly large, hard-to-abate industries, continue simultaneously. Moreover, discussions are ongoing with North Sea Port on integration with port infrastructure. The H2BE project fits within “Connect 2025”, the recently published strategic plan of North Sea Port, by accelerating the transition towards carbon neutrality and the development of the required hydrogen and CO2 infrastructure. The partners aim to start operations well before 2030 to contribute to Belgium’s 2030 interim decarbonization targets. Engie and Equinor also joined forces on the project with Fluxys, the independent gas transmission system operator in Belgium. Fluxys will be in charge of putting in place hydrogen and CO2 infrastructure connecting supply and demand across industrial clusters in Belgium and neighboring countries. “Engie is convinced that decarbonized thermal energy is required to achieve carbon neutrality in our economy, alongside renewable electricity sources. Therefore, Engie is fully committed to developing renewable and low-carbon hydrogen solutions. We firmly believe that renewable and low-carbon hydrogen, with multiple uses and advantages, have everything to be the undeniable ally to accelerate the development of a solid infrastructure and the transition to a carbon-neutral economy,” Edouard Neviaski, CEO of the Engie’s Global Energy Management entity, stated. “We are glad to pursue our work on this project with Equinor, a long-standing partner for more than 40 years. We are convinced that our project is a strong tool for a successful implementation of the Belgian hydrogen strategy released by the federal government end of October,” he added. “We are delighted to launch the H2BE project. Together with our partners, we have developed a foundation that has the potential to deliver reliable low-carbon hydrogen from natural gas to enable large-scale decarbonization of industries, including continuous and flexible electricity production,” Grete Tveit, Equinor’s Senior Vice President for Low Carbon Solutions,” claimed. “Equinor believes that hydrogen and CCS are vital to succeed with the energy transition and to reach net-zero ambitions. Together with our partners, we have strong and complementary expertise covering all parts of the value chain. We will leverage this when moving this project forward with the goal of realization and contribution to the success of Belgium’s hydrogen economy,” Tveit concluded.
waldron
16/12/2021
19:17
Germany Pushes Back Nord Stream 2 Decision To July By Tsvetana Paraskova - Dec 16, 2021, 10:30 AM CST The German regulator reviewing the certification of the Nord Stream 2 gas pipeline will not make a decision before July 2022, the president of the regulator said on Thursday, in another setback for the Russia-led project that could send European gas prices higher. In the middle of November, Germany said it had suspended the process of certification of the Nord Stream 2 gas pipeline. The Federal Network Agency of Germany, Bundesnetzagentur, suspended the procedure to certify Nord Stream 2 AG as an independent transmission operator until an operator of the pipeline in Germany is incorporated under German law. The network agency’s president Jochen Homann said on Thursday that “A decision won’t be made in the first half of 2022,” as carried by Bloomberg. The agency will resume the certification process as soon as the criteria it had set in its rationale for suspending the procedure are met. Bundesnetzagentur is still waiting for the pipeline project operator Nord Stream 2 AG to submit documents, Homann said at a press conference. In response to Bloomberg, Nord Stream 2 AG declined to comment on “details of the procedure, its possible duration and impacts on the timing of the start of the pipeline operations.” The pipeline construction is completed, but Nord Stream 2 is awaiting full regulatory clearance from Germany and a review by the European Union over its compliance with EU energy regulations. Some analysts and EU officials have attributed the inconsistent Russian gas supply to Europe in recent weeks to Moscow using gas as leverage to get Nord Stream 2 approved. Earlier this week, Europe’s gas prices surged again to near-record highs after Germany indicated it had no intention of approving Nord Stream 2 before requirements under German law were satisfied. However, Foreign Minister Annalena Baerbock also said that the situation in Ukraine was also a factor in the German government’s decision on the matter. By Tsvetana Paraskova for Oilprice.com
waldron
16/12/2021
09:22
Equinor ASA and Engie SA on Thursday announced the launch of the H2BE project, which aims to develop the production of low-carbon hydrogen from natural gas in Belgium. The project aims to produce hydrogen from natural gas using autothermal reforming technology combined with carbon capture and storage. The companies said ATR technology allows for decarbonization rates above 95% and for producing hydrogen at a large scale at competitive cost levels, with the captured carbon dioxide to be transported in liquid form and permanently stored at a site in the sub-surface of the Norwegian North Sea. Engie and Equinor will now launch a feasibility study to assess the technical and economic suitability of a site in the Ghent area while commercial talks with potential hydrogen offtakers continue simultaneously. Discussions are also continuing with the cross-border port area known as North Sea Port on integration with port infrastructure and the companies have joined forces with Fluxys Belgium SA, a gas-transmission system operator in Belgium. All partners aim to start operations well before 2030 in order to contribute to Belgium's 2030 interim decarbonization targets, they said. Write to Dominic Chopping at dominic.chopping@wsj.com (END) Dow Jones Newswires December 16, 2021 03:52 ET (08:52 GMT)
waldron
15/12/2021
16:11
European Gas Prices Soar On Nord Stream 2 Block In Germany By Irina Slav - Dec 15, 2021, 9:00 AM CST Gas prices in Europe soared following Germany's decision to not approve the Nord Stream 2 pipeline yet This means that the commissioning of the pipeline could be delayed until March next year. Join Our Community Natural gas prices in Europe soared higher after Germany indicated this week it had no intention of approving the Nord Stream 2 gas pipeline project before requirements under German law were satisfied. However, Foreign Minister Annalena Baerbock also said that the situation in Ukraine was also a factor in the German government's decision on the matter. "In the event of further escalation, this gas pipeline could not come into service," Annalena Baerbock told German media, as quoted by AFP, earlier this week. The remarks follow a comment from Germany's new Prime Minister, Olaf Scholtz, that "It would be a serious mistake to believe that violating the borders of a European country would remain without consequences." Meanwhile, the certification process for the infrastructure has been suspended by the German authorities because the pipeline must have an operator that is incorporated under German law. This means that the commissioning of the pipeline could be delayed until March next year. It could be delayed even further because after Germany approves it—if it does—the project will have to go to the European Commission, which would be tasked with making sure it complies with EU regulations. As a result, natural gas prices on the continent topped $1,400 per 1,000 cubic meters for the January futures. New threats from Belarus that it would turn the transit gas tap off for Europe if the EU decided to impose more sanctions on Minsk did not help matters, adding to upward price pressure. Meanwhile, the European Union is this week discussing measures to tackle the gas shortage that is fueling the price rally and threatening energy supply this winter. Among the measures are joint gas buying for member states and more disciplined gas storage management to create strategic reserves to protect the countries and consumers. By Irina Slav for Oilprice.com
waldron
12/12/2021
22:09
Germany’s New Leader Seeks to Ensure Gas Flows Through Ukraine Patrick Donahue and Maciej Martewicz, Bloomberg News (Bloomberg) -- German Chancellor Olaf Scholz said his government will “do everything” to ensure that natural gas continues to flow through Ukraine and prevent Russia from using its Nord Stream 2 gas pipeline to cripple the former Soviet republic’s economy. During a three-hour trip to Poland on Sunday, Germany’s new leader didn’t directly address what, if any, action his government would take against the controversial pipeline as Russia amasses troops on Ukraine’s border. But he indicated that Germany’s ambition for carbon neutrality over the next quarter century will reduce gas supply from the east anyway. For now, Scholz reinforced a pledge by his predecessor, Angela Merkel, that Germany would use its leverage to ensure that Russia extends its transit contract with Ukraine and help overhaul the east European country’s energy infrastructure. “We feel responsible that the gas transit business is also a successful business,” Scholz said in Warsaw after a meeting with Polish Prime Minister Mateusz Morawiecki. Morawiecki said the roll out of Nord Stream 2 could “tighten the noose” around Ukraine and repeated his call to stop the pipeline project. Scholz made his second trip to the Polish capital after being sworn in to succeed Merkel on Wednesday. Scholz also said he prefers a “pragmaticR21; resolution to the escalating dispute between the European Commission and Warsaw over adhering to principles of the rule of law. The EU has been locked in dispute with the Polish government over its revamp of the judicial system.
waldron
12/12/2021
12:58
DEC 12 // 2021 WARSAW -1 °C // 1:53 PM Nord Stream 2 on agenda of Morawiecki-Scholz Warsaw talks Prime Minister Mateusz Morawiecki will meet later on Sunday with visiting German Chancellor Olaf Scholz for talks on EU affairs, security and energy issues, the Belarus migrant crisis and Nord Stream 2, a Russian gas pipeline to Germany. During a visit to Rome on Thursday, Morawiecki said he would urge Scholz to rebuff Russian pressure and oppose the Nord Stream 2 gas pipeline, which would bring Russian gas directly to Germany, as it could be used by Moscow as a tool to blackmail Europe. The government spokesman, Piotr Mueller, said on Sunday this will be the first meeting between the two since Scholz took the position of German chancellor. The politicians have talked before, in late November, during Morawiecki's visit to Berlin as part of a series of meetings in European capitals on the situation on the Polish-Belarusian border. According to Mueller, the topics of the Sunday meeting will include current bilateral and EU issues, "including in particular migration and energy issues.... security issues and the situation on the eastern border of the European Union." Nord Stream 2 (NS2) is a contested Russian-German gas pipeline which bypasses Ukraine and endangers, according to its critics, energy security in Eastern Europe. Poland has repeatedly warned that NS2 will make Europe even more dependent on Russian gas and will put Europe at risk of blackmail by Moscow.
waldron
11/12/2021
14:51
Https://www.thinkgeoenergy.com/engie-sets-up-aquifer-geothermal-energy-storage-for-its-new-hq/
grupo guitarlumber
10/12/2021
18:42
10th December 2021 Australian partnership for battery storage system Article by Amanda Jasi ENGIE, Macquarie’s Green Investment Group (GIG), and Fluence have partnered to deliver a large-scale battery for renewable energy storage at the site of Engie’s decommissioned Hazelwood coal power station in Latrobe Valley, Victoria, Australia. Engie and GIG are jointly funding the project, while Fluence will build, operate, and maintain the project over a 20-year period. Engie closed the Hazelwood power station in 2017, in line with its strategy to gradually end its coal activities. Demolition and rehabilitation activities at the site are ongoing to transition it to a low carbon future and support commercial and recreational uses. The Hazelwood Battery Energy Storage System will provide 150 MW/150 MWh of flexible energy, with the capacity to store the equivalent of an hour of energy generation from the rooftop solar systems of 30,000 homes. The partners say it will be Australia’s largest privately funded and owned utility-scale battery. They also expect it to play a critical role in increasing renewable energy capacity in Victoria, while helping to further stabilise the grid. It will rely on Fluence’s sixth generation, gridscale, industrial-strength energy storage product, Gridstack, in delivering the full turnkey project. Fluence provides energy storage and services and digital applications for renewables and storage. At the Hazelwood site, the project will have access to 1,600 MW of dormant transition capacity, helping to accommodate this first stage of the battery. The site will also allow the project flexibility to scale up storage capacity quickly and cost-effectively respond to network and market demand, including additional capacity for future contracts. Construction is already under way and network connection agreements have been executed. The battery is scheduled to be operational by November 2022, which would align with increasing demand in the summer months in the Southern Hemisphere. According to the partners, battery storage plays a key role in accelerating build out of solar and wind resources, “capturing excess power during periods of high renewable generation while discharging to meet peak demand and reduce reliance on high-carbon energy”. The Hazelwood Battery will also be used in frequency control ancillary service markets to deliver critical stability to a grid increasingly compromised by intermittent renewable sources. Once the project is operational, the collaborators will use Fluence’s AI enabled IQ application to optimise bidding of Hazelwood Battery capacity in the National Electricity Market. Article by Amanda Jasi Staff Reporter, The Chemical Engineer
waldron
10/12/2021
17:49
Engie Slips as Belgium Tightens Grip on Decommissioning of Nuclear Plants Francois de Beaupuy, Lyubov Pronina and Katharina Rosskopf, Bloomberg News (Bloomberg) -- Engie SA shares fell the most in two weeks as Belgium outlined plans to tighten its grip on the decommissioning of the seven nuclear plants operated by the French utility in the country. The Belgian government wants to make Engie’s local unit Electrabel SA legally liable for the costs of dismantling nuclear power plants, de Tijd reported Friday, citing Energy Minister Tinne Van der Straeten. The Belgian nuclear regulator will also get far-reaching powers over Electrabel, including a say on capital measures, and dividend payments to Engie, according to the newspaper. “Engie Electrabel is responsible for the outstanding bill of billions from nuclear power and we are anchoring this more firmly in the law,” Van der Straeten said later in a statement issued by her department. “The best guarantee for the availability of the necessary funds is a strong Electrabel and a strong control of it.” Electrabel already has accounted for and committed to both the waste disposal and dismantling costs of its nuclear plants in Belgium, and there’s no change to the amount of provisions, Engie said in a statement Friday. Engie’s understanding is that the draft law under discussion focuses on the availability of funds against these provisions, the company based near Paris said, adding that it doesn’t expect any change to its net economic debt from the proposed legislation. Engie shares fell as much as 3.3% in Paris Friday, and were trading 1.2% lower at 4:24 p.m. The draft bill comes as Belgium foresees the progressive closing of Engie’s seven nuclear plants -- which provide about half of the country’s electricity -- by the end of 2025. Belgium plans to replace them with a combination of new gas-fired power stations, renewable power, battery storage, and some electricity imports, even as the autumn’s gas crunch in Europe has sent energy prices to record levels. While Engie recently won Belgian financial support to build two gas-fired power plants, its Vilvoorde project is struggling to get its environmental permit. In a recent letter to Prime Minister Alexander De Croo seen by Bloomberg, the French utility asked for the support of Belgian authorities to quickly start the construction of the power station that will be “key to the balance” of the country’s power system. A short lifetime extension of a couple of atomic plants would be unprecedented, and there’s no regulatory or technical framework for such a move, Engie wrote. Hence it considers it has no other option than to start the progressive decommissioning. The Prime Minister’s office confirmed receiving Engie’s letter.
waldron
10/12/2021
12:09
Engie secures financing for 434MW wind complex in Brazil 10 Dec 2021 (Last Updated December 10th, 2021 09:59) The project is intended to bolster Engie’s footprint in Brazil while supporting its growth strategy. Brazilian utility company Engie Brasil Energia has signed a R$1.47bn ($264m) financing agreement with Banco Nacional de Desenvolvimento Econômico e Social (BNDES) for the first phase of the 434MW Santo Agostinho Wind Complex in Brazil. The wind complex is being developed in the municipalities of Lajes and Pedro Avelino, located almost 120km from Rio Grande do Norte’s state capital city, Natal. Siemens Gamesa will deliver 70 of its turbines for the project, distributing them across 14 wind farms at the complex. Each turbine will have 6.2MW of capacity. Sponsored Article How electrification is redefining the fleet sector  19 Oct 2021 Change is happening fast in the fleet industry and the future is electric. As electric vehicle (EV) technology improves at a staggering rate, the sector is embarking upon radically reforming its vehicle mix, the energy used and how it is purchased. More than 100 of the world's largest businesses have now signed up to the Climate Group's EV100 campaign, making a global commitment to ensure their fleets are electric by the end of the decade. This amounts to a staggering 4.8 million vehicles and the installation of huge numbers of charging points worldwide to support them. British Gas, which runs one of the largest fleets in the UK with more than 12,000 vehicles on the road, will have a fully electric fleet by 2025. One big challenge, however, will be the availability and visibility of charging infrastructure to support the move away from petrol and diesel. With Arval Mobility Observatory reporting that more than 60% of fleets expect to have implemented an alternative energy mix by 2023, energy retailers – traditionally the oil and gas majors operating vast networks of fuelling stations – need to adapt quickly. “If you're running a big group of vehicles, whether it's heavy goods vehicles, a plumbing company with a dozen vans or a national postal service, you don't want the drivers having to use their personal credit card or need to submit expenses for fuel” says Graham Chedzoy, solution director at CGI, who has worked with oil and gas clients in... As of the baseline month of last December, the project’s first phase is estimated to require R$2.3bn. The financing that BNDES has agreed to provide will cover almost 64% of the project’s total investment cost. Engie said that the project has the potential to create more than 1,000 jobs in the region, with 800 people already recruited and engaged in civil construction activities, component installation and other works. The project is intended to further strengthen Engie’s footprint in Brazil while supporting its growth strategy. Engie Brasil Energia chief executive and investor relations officer Eduardo Sattamini said: “Right now, the growth of electric energy, especially from renewable sources, is critical to the future of Brazil. The feasibility of this financing is the result of a collective effort. “It is an indication of the commitment of both Engie and the BNDES to the country’s development in a responsible manner and considering the importance of allocating resources for accelerating the growth of wind generation and diversifying the domestic energy matrix.” The wind complex has obtained a preliminary license from the Instituto de Desenvolvimento Sustentável e Meio Ambiente (Idema), the state’s environmental protection agency. Last May, Engie received a R$1.2bn loan from BNDES for the second phase of its Campo Largo wind complex, located in the state of Bahia, Brazil.
sarkasm
10/12/2021
09:11
GTT to provide tank designs to DSME Published by Lydia Woellwarth, Editor LNG Industry, Friday, 10 December 2021 08:50 GTT announces that it has received an order from its partner the Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) for the tank design of two new LNG carriers on behalf of the Greek shipowner Maran Gas Maritime. As part of this order, GTT will design the tanks of the vessels which will each offer a capacity of 174 000 m3. The tanks will be fitted with the GTT NO96 GW membrane containment system, a technology developed by GTT. Deliveries of the vessels are scheduled during second half 2024. Philippe Berterottière, Chairman and CEO of GTT, declared: "We are pleased to pursue this partnership of excellence with DSME and Maran Gas Maritime. The GTT teams are proud and exciting to continue to support our partners in their decision to use our membrane technologies widely recognised by the LNG industry”.
grupo guitarlumber
08/12/2021
15:42
European gas futures soar as US weighs sanctions on Russia 8 Dec, 2021 14:50 The price of natural gas in Europe topped $1,150 per 1,000 cubic meters on Wednesday, or €99 per megawatt-hour in household terms, trading data shows. This comes as Russia, a major energy supplier, faces threats of US sanctions. Overall, the cost of gas in Europe jumped more than 3% on Wednesday compared to the closing price the day before. The price growth comes as the United States and its European allies are weighing a range of sanctions targeting Russia’s financial system in the event of a military conflict with Ukraine. The Biden administration has previously accused Moscow of planning an invasion of Ukraine in January, which the Kremlin has rejected as “fake news.” Europe has been struggling with gas shortages and skyrocketing prices for months now, with the situation peaking at nearly $2,000 per 1,000 cubic meters of gas in early October. Some European politicians have accused Russia of withholding deliveries of natural gas amid the latest delays in the EU’s certification of the Nord Stream 2 pipeline. Russia says it is meeting all its contractual obligations with European customers, pointing to under-filled European storage facilities and the start of the winter season as the main reasons for the price spike. Russia’s Gazprom said earlier that it does not expect a noticeable drop in gas prices in Europe in the coming months, but that a price of around $1,000 per 1,000 cubic meters is not sustainable. visit RT's business section
waldron
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