Monday, December 23, 2024

Finland News

Lithuanian officials see a 'high probability' of Baltic Sea cables being intentionally cut

Gitanas Nuseda, the Lithuanian President said that it was highly likely that the two fibre-optic cables undersea that were damaged in the Baltic Sea last month were intentionally cut.

Gazprombank's Gazprombank order has led to a rouble rally and a reduction in the gas market

The rouble and European gas prices both fell on Friday. This was due to market speculation that Moscow's efforts to assist Gazprombank in bypassing U.S. sanctions would keep Russian gas exports flowing.

Finland seizes $4.25 billion in Russian assets as part of the Naftogaz case

Documents from a Finnish court show that the court ordered the confiscation of assets worth $4.25 billion owned by Russia and located in Finland at the request Naftogaz.

In a legal dispute with Ukraine's Naftogaz, Russia contests the seizure of Finnish assets.

The Kremlin announced on Tuesday that Russia would file a lawsuit against the confiscation of Russian state assets by the Ukrainian oil and natural gas company Naftogaz.

EU Energy Ministers Discuss Ukraine Energy Crisis and Russian LNG

Officials said that EU energy ministers met on Tuesday in Luxembourg to discuss the rising Russian LNG imports into the EU, Ukraine's energy shortages before winter and…

EU Energy Ministers Discuss Ukraine Energy Crisis and Russian LNG

Officials said that EU energy ministers met on Tuesday in Luxembourg to discuss the rising Russian LNG imports and Ukraine's energy shortages before winter, as well as how…

Document shows EU countries want more transparency about Russian gas imports

In a letter to the European Commission on Monday, a group of EU member states including France and the Baltic States asked for tighter reporting requirements across the EU on Russian LNG imports.

Spanish PM calls on EU to reconsider tariffs against Chinese EVs

The Spanish Prime Minister Pedro Sanchez stated on Wednesday that the European Union should reconsider its proposed import tariffs for Chinese-made electric cars, and urged Brussels to avoid a trade conflict.

Germany Nationalises Gas Group Uniper in Scramble to Secure Supply

Credit: Uniper

Germany confirmed the nationalization of struggling gas importer Uniper at a cost of 8 billion euros ($7.9 billion) on Wednesday as it scrambles to secure power for Europe's…

Demand Grows for OSVs in the Offshore Floating Production and Storage Energy Sector

Copyright Igor Kardasov/AdobeStock

Over the last year we have seen an upswing in floating production and storage systems ordering after many years of low activity. According to our colleagues at World Energy Reports…

VIDEO: One-on-One with Pieter van Oord, CEO, Van Oord

Pieter Van Oord, CEO, Van Oord, graces the cover of the June 2022 edition of Maritime Reporter & Engineering News.

Pieter van Oord is candid in discussing the future growth of his storied company’s activities in offshore wind with specific insights on challenging current jobs, Van Oord’s…

How Much Oil Does the EU Import from Russia?

© vchalup / Adobe Stock

The European Union has agreed to ban the bulk of imports of Russian crude and oil products in its latest round of sanctions following Moscow's invasion of Ukraine.The ban…

Future Fuels: Neste, Nordic Marine Oil team to debut "Co-processed marine fuel"

Photo courtesy Neste Marine

Neste and Nordic Marine Oil have partnered to pilot a new Neste Marine 0.1 Co-processed marine fuel in Scandinavia – a solution the pair claims will help the maritime sector…

World First Full Scale 'Ammonia as Fuel' Marine Four-Stroke Engine Test

The project leaders pictured at the Sustainable Energy Catapult Center’s test facility at Stord, Norway from left to right: Egil Hystad, Wärtsilä, Willy Wågen, Sustainable Catapult, and Kjell Storelid, Wärtsilä. (Photo: Wärtsilä)

While there is no consensus on the marine industry ‘fuel of the future’ that will meet ever tightening international emission mandates, a group of organizations has commenced…

New Hospital Planned for Russian Village Building Novatek's LNG Plant

Illustration; A tanker next to the gravity based structure being built for Novatek - Credit: Novatek

Russia's Arctic region of Murmansk plans to build a new temporary hospital in a village where a vital liquefied natural gas supply plant is being built after an outbreak…

Project INNTERESTING Aims to Accelerate Wind Technology

The European project INNTERESTING aims to accelerate wind energy technology development and to extend the lifetime of wind turbine components.Coordinated by the Technological Research Center IKERLAN…

Vattenfall, TuuliWatti to Balance Finnish Wind

European energy company Vattenfall has signed a five-year energy services agreement with the largest Finnish wind power producer TuuliWatti that includes the latter’s total…

Shareholder base Expands on Fortum's Nordic Wind Portfolio

Finnish state-owned energy company Fortum and Credit Suisse Energy Infrastructure Partners (CSEIP) have today signed an agreement whereby funds advised by CSEIP will acquire…

New Testing Facility for Renewable Energy

Photo: Yaskawa Environmental Energy / The Switch

Yaskawa Environmental Energy / The Switch announced a unique facility in Lappeenranta, Finland, enabling the testing and serial production of a new breed of large multi…

ABB Tests Subsea Power Technology System

The completion of a final 3,000-hour test phase of the Swiss-Swedish technology multinational ABB’s subsea power infrastructure signals the culmination of a $100m partnership…