Activists Blockade Shell Refinery in Port of Rotterdam
Dozens of Greenpeace activists in Rotterdam port used a ship, buoys and a small flotilla of kayaks on Monday to block traffic around Shell’s Pernis refinery, Europe’s largest, as part of a campaign seeking a ban on fossil fuel advertising.Police…
Climate Activists Block Shell HQ
Environmental activists chanting "keep it in the ground" blocked the entrance to Shell's headquarters in The Hague on Friday, protesting at the energy company's role in climate change, until police dragged them away, detaining 30.Some of…
Mitsubishi Beats Shell to Buy Eneco
A group led by Japan's Mitsubishi Corp will buy Eneco in a deal valuing the Dutch energy firm at 4.1 billion euros ($4.52 billion), Eneco said on Monday, beating off rival bids from Shell and private equity firm KKR.Eneco, a company owned…
Prospective Bidders for Eneco Narrows
The field of prospective bidders for Dutch energy company Eneco has narrowed as initial interest from big electricity players including France's Engie and Austria's Verbund has fizzled out, sources close to the matter said.The 53 municipalities that currently own Eneco…
Groningen Gas Production Pared
The Dutch government on Wednesday confirmed plans to gradually scale back production at the Groningen gas field, beginning with a reduction to 19.4 billion cubic meters (bcm) in the current 2018-2019 year that began in October.In a statement, the government confirmed a draft plan announced in A
Dutch Energy Company Eneco Working with Citi on Sale
Dutch energy company Eneco is working with investment bank Citi to advise on its privatisation, which should kick off soon, three sources familiar with the matter said. The U.S. investment bank joins ABN Amro, which advises the company's management…
Varo Energy Cancels Plans for IPO on Euronext
Varo Energy BV said on Tuesday it had decided not to proceed with plans for a flotation on the Euronext stock exchange in Amsterdam, citing poor market conditions. In a statement, the company said there was "considerable institutional investor interest" in an offering…
Netherlands to Halt Gas Production at Groningen by 2030
The Dutch government said on Thursday it will phase out gas production at the Groningen field, once Europe's largest, by 2030 as part of efforts to reduce the danger caused by small but damaging earthquakes. Production is set for 21.6 billion cubic metres (bcm) this year…
Netherlands to Allow New Offshore Wind Investments
The Dutch government on Tuesday said it will allow five new offshore wind turbine farms capable of producing 7 gigawatts (GW) of electricity in the 2024 to 2030 period. The Netherlands is lagging other European countries in renewable energy…
Vattenfall Wins Dutch 700 MW Offshore Wind Tender
Swedish utility Vattenfall has won the right to build a 700 megawatt (MW) subsidy-free wind farm in the Dutch part of the North Sea, the Dutch Ministry of Economic Affairs said on Monday. The Netherlands' government is among the first to offer a so-called zero subsidy tender for wind power…
Owners, Board of Dutch Energy Company Eneco Agree on Sale Conditions
The municipal shareholders and supervisory board of Dutch energy company Eneco have reached an agreement on the conditions under which the company may be sold, according to a joint statement published on Friday. Eneco's owners - a group…
Germany's EWE Presents Plan for Cut in Dutch Gas Use
German energy company EWE has presented a plan to reduce its use of gas from the Dutch field at Groningen by 1.7 billion cubic metres (bcm) annually, the Netherlands' Economic Affairs Ministry said on Wednesday. EWE's plan involves converting…
Eneco Shareholders Call for Mediation
A commission representing Eneco shareholders called on Tuesday for the urgent appointment of a third-party mediator to try to repair ties between the Dutch energy company's supervisory board and its investors. Eneco's shareholders -- municipal…
SBM Offshore: The Cost of Corruption Rises
Marine engineering group SBM Offshore said a Brazilian investigation into its role in corruption cases had not been resolved and set aside an additional $238 million provision on Monday to cover costs from an unexpected U.S. inquiry. The…
Corruption Cases Weigh on SBM Offshore Bottom Line
Marine engineering group SBM Offshore said a Brazilian investigation into its role in corruption cases had not been resolved and set aside an additional $238 million provision on Monday to cover costs from an unexpected U.S. inquiry. The…
Dutch Government: Close Coal-Fired Power Plants by 2030
The incoming Dutch government plans to shut all coal-fired power plants by the year 2030, it said in its coalition pact published on Tuesday. The five remaining plants in the country are highly controversial because they cost billions of…
Shell, Exxon May Appeal Over Planned Groningen Gas Output Cut
A joint venture between Royal Dutch Shell and Exxon Mobil said on Wednesday it was considering appealing against a Dutch government plan to cut production at the Groningen gas field by 10 percent. The Dutch state earlier on Wednesday confirmed…
Fugro's Shares Sink after Boskalis Trims Holding
Shares in Dutch deep-sea prospector Fugro fell 4.5 percent on Monday after larger rival Boskalis announced that it had trimmed its holding in the company. A statement from dredging and marine engineering company Boskalis said that its holding in Fugro now stands at 24.9 percent.
Dutch Government: May Meet 2020 Carbon Emission Goals After All
The Dutch government may meet its 2020 carbon dioxide emission goals after all, it said on Friday, thanks to a more rapid rollout of wind energy and 100 million euros ($110 million) in extra spending. Prime Minister Mark Rutte called the…
Dutch Govt to Issue Draft Decision on Groningen
The Dutch government will publish its preliminary view on whether output at Groningen, Europe's largest gas field, needs to be reduced further in about two weeks, a Ministry of Economic Affairs spokesman said on Wednesday. Small earthquakes…
