Top Energy/Automotive News As Reported, to Thursday, 30th March, 2023
London, 30 March, 2023, (Oilandgaspress): Energy prices have come down from record highs in 2022 because of a fall in demand, supply diversification ,efforts to source alternatives to Russian gas, business adjustments and mild weather. Industrial activity has remained steadier than initially expected. The crisis has not set back Europe’s green energy transition.
Dana Incorporated announced today that it has been recognized by General Motors as a 2022 Supplier of the Year. GM celebrated honorees at its 31st annual Supplier of the Year event in San Antonio, Texas, last week. GM’s Supplier of the Year award recognizes global suppliers that distinguish themselves by exceeding GM’s requirements, in turn providing customers with innovative technologies and among the highest quality in the automotive industry.
“Dana is honored to have again been named a top supplier to General Motors as we continue to innovate together toward a more sustainable and electrified future,” said James Kamsickas, chairman and CEO of Dana Incorporated. “We have supported General Motors for nearly 120 years, and we look forward to continuing to provide this important customer outstanding value and service through operational excellence and exceptional product technology.”
“We are thrilled to recognize these outstanding suppliers after yet another challenging year in the automotive industry,” said Jeff Morrison, GM vice president of Global Purchasing and Supply Chain. “They overcame countless obstacles and exemplified what it means to be resilient, resourceful and determined. Beyond that, these suppliers demonstrated their commitment to sustainable innovation and to driving advanced solutions in collaboration with the GM team.”
Each year, GM’s Supplier of the Year recipients are selected by a global, cross-functional GM team for their performance in criteria such as product purchasing, global purchasing and manufacturing services, customer care, and aftersales and logistics. Read More
Britain’s ban on new petrol and diesel cars will still take effect from 2030, despite Europe watering down its own restrictions, the Energy Secretary confirmed today.
Grant Shapps said the UK did not have to follow the EU, which has climbed down to allow sales of new internal combustion engine cars that only run on ‘e-fuels’ to continue after 2035.
Brussels on Tuesday approved a law to end sales of new CO2-emitting cars in the EU in 2035 – but Germany won an exemption for vehicles which burn carbon-neutral petrol alternatives.
The EU law will require all new cars sold to have zero CO2 emissions from 2035, and 55 per cent lower CO2 emissions from 2030, versus 2021 levels. Britain has a policy to halt sales of petrol and diesel cars and vans from 2030. After that hybrids will be phased out so all new cars and vans are fully zero emissions by 2035. Read More
Eni is enhancing the market value of its proprietary technology called e-vpms (Eni Vibroacoustic Pipeline Monitoring System), dedicated to the monitoring of liquid transportation pipelines and aimed at optimally protecting their integrity. For that purpose, it created Enivibes (76% Eni, 16% Aresys and 8% Solgeo), the first venture established as part of the activities of Eniverse, Eni’s Corporate Venture Builder.
The technology is designed and developed by Eni to perform real-time analysis and monitoring activities on new or existing pipelines, both for hydrocarbon and water transportation, through an innovative vibroacoustic wave system that detects external interference, such as break-in attempts or accidental pipeline impacts, and flow variations, maximizing the efficiency of transportation systems. This innovative solution, thanks to the installation of high-sensitivity acquisition stations, enables rapid and localized interventions.
E-vpms®, which is currently installed on several fluid transport lines in Italy and abroad, has made it possible to drastically reduce break-in attempts and to carry out targeted preventive maintenance, ensuring safe and reliable operations.
E-vpms® technology is a worldwide technological excellence in the service of the energy transition.
Enivibes represents an important step forward in achieving the ambitious goal of launching five new startups by 2025, by leveraging the portfolio of technologies, internal skills and assets of Eni and its innovation ecosystem. Read More
Responding to the Government’s initial announcements on so-called “Green Day”, the UK100 cross-party network of local authorities says they fall short of embracing the vital role of local authorities and risk the UK squandering its Net Zero leadership and ending up as a climate ‘Basket Case’ — especially as the US and EU continue to race ahead.
Highlighting that the UK was the first major economy to sign Net Zero into law and the country under whose presidency the COP26 Glasgow Climate Pact explicitly recognised the crucial role local leaders play in climate action, UK100’s Interim Chief Executive, Jason Torrance, says:
“On ’Green Day’ we hoped to see a plan for Net Zero delivery that understands, as the Government’s Independent Mission Zero report did, that local authorities are the key to achieving Net Zero in the UK. Our hopes, however, have been dashed on the ‘Boulevard of Broken Dreams.’ Today’s announcements fall far short of unlocking the ambition and ability within local government to go further and faster in delivering Net Zero.
“However positive the promise to explore the simplification of local Net Zero funding, without key policy shifts on local powers, funding and energy planning there is still a painful disconnect between world-leading promises and local delivery that risks the UK becoming a ‘Walking Contradiction’ of words without action.”
Detailing the network’s input into the Mission Zero report, which echoed several long standing UK100 recommendations, Jason Torrance explains the “three key tests” against which he believes ‘Green Day’ should be judged; planning and energy, local powers and funding. He says:
“UK100 was pleased to work alongside Chris Skidmore MP on Mission Zero, which established a broad cross-party, sector-wide consensus on a vision of Net Zero in the UK that maximises the economic and wider social benefits — a vision that sees local leaders at the forefront of delivery.”
The Mission Zero report concluded that: “unlocking the ambition of places and communities will deliver the most successful version of net zero”. Jason continues:
“To succeed in fulfilling the vision set out in Mission Zero, the Government needs to address the complex and disjointed approach to planning and work with regulators, devolved administrations, local authorities, industry and key stakeholders to streamline the permitting processes to ensure new power generation can come online as soon as possible — with local leaders at the heart of planning local energy systems that harness local generation potential and manage local demand.”
“Crucially, the central government should also introduce a statutory duty for local authorities to take account of the UK’s Net Zero targets, based on a clear framework of local roles and responsibilities. UK100 has already developed a Local-National Net Zero Delivery Framework to demonstrate how the partnership could work. And we have long called for the Net Zero Strategy to include a National Routemap and a Framework for Local Delivery of Net Zero. We need to see it put into action. And that means introducing a Local Net Zero Powers Bill and, as Mission Zero argues, establishing an Office for Net Zero Delivery.”
“Extra local powers require appropriate funding — especially when local authorities are more stretched than ever in a cost of living crisis. It’s welcome that the Government plans to ‘explore the simplification of funding’ but we need urgent action, not warm words without detail. This should include consolidating different funding pots, reducing competitive bidding processes, giving longer lead-in times where bidding remains and providing funding over the medium and long — rather than the short-term. Research has shown that local authorities have spent between £27 million and £63 million since 2019 on applying for competitive funding pots — that’s money that can’t be spent on delivery. This needs to change urgently — as recognised by Michael Gove and Mission Zero.”
Jason concludes:
“Whatever positives there are to take away from Green Day, it’s hard to see beyond the fact the government has failed to heed the ‘Warning’ that overlooking the vital role of local government will mean the UK can’t deliver against its Net Zero ambitions.” Read More
GE Renewable Energy’s Grid Solutions business (NYSE: GE) announced today that it has been awarded three High-Voltage Direct Current (HVDC) contracts for a total of approximately 6 billion euros as part of a specially formed consortium with Sembcorp Marine for TenneT’s innovative 2GW Program in the Netherlands. The contracts have been awarded as part of a five-year Framework Cooperation Agreement with the possibility to extend for another three years.
Furthermore, TenneT and a consortium formed by GE and McDermott have entered into an agreement based on which TenneT plans to award two further HVDC contracts in Germany for a total of approximately 4 billion euros to this consortium in April 2023.
The five contracts for the GE consortia are among 11 two-gigawatt (GW) contracts awarded to HVDC suppliers by the Dutch-German Transmission Systems Operator (TSO) as part of its goal to connect 40 GW of offshore wind farms to the high voltage grids in the Netherlands and Germany. TenneT’s large-scale project resulted from the Esbjerg Declaration in May 2022 at the North Sea Energy Summit, where Germany, the Netherlands, Denmark, and Belgium agreed to jointly install at least 65 GW of offshore wind energy by 2030 – up from 20 GW today – to accelerate Europe’s energy security following recent geopolitical developments. TenneT plans to install 20 GW each in the Dutch and German North Sea.
The GE consortia projects cover the offshore converter platforms and the onshore converter stations for the two-way conversion between alternating and direct current. The converter stations are based on bipolar Voltage-Sourced Converter (VSC) technology – the most advanced HVDC technology – and will have double the capacity compared to previous monopole grid connection systems, resulting in fewer cables and platforms. Read More
Saab has signed framework agreements with NATO Support and Procurement Agency (NSPA) for the Carl-Gustaf® M4 weapon system and the AT4 anti-armour weapon. The NSPA has also placed call-off orders with a total value of approximately SEK 350 million.
The NSPA has placed a call-off order for Carl-Gustaf ammunition with deliveries planned 2023-2025 as well as a call-off order for AT4 with deliveries planned 2023-2024. The AT4 framework agreement will be valid until 2026, whilst the Carl-Gustaf agreement, which includes ammunition, will be valid until 2027.
“We are proud that our combat solutions are making a difference for our customers. These framework agreements will further strengthen our relations with NATO and facilitate the order process for Carl-Gustaf and AT4 for its members,” says Görgen Johansson, head of Saab’s business area Dynamics.
Saab’s ground combat systems provide defence forces with the necessary effectiveness and precision to give them the advantage in combat, whilst enabling soldiers to carry out their missions safely. Several NATO members, including the U.S., Canada and the UK, are already users of Saab’s ground combat solutions. Read More
Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has begun providing ENEOS Corporation with an energy balance optimization service to realize efficient utilization of hydrogen in the petroleum refining process. As part of a demonstration experiment conducted at the ENEOS Corporation Sakai Refinery in Osaka, where the service was first implemented, MHI introduced the cloud platform of its TOMONI(1) suite of intelligent solutions incorporating ENERGY CLOUD(2), an analysis engine that uses proprietary AI and IoT technologies(3) for forecasting and optimization. This experiment confirmed positive results for regulating the production and consumption volume of hydrogen used in the desulfurization stage of oil refining, as well as efficient utilization of the by-product hydrogen obtained in the subsequent refining process. Based on this result, MHI began providing this solution to ENEOS from February 2023.During the process of refining kerosene, gasoline, and other petroleum products from crude oil, desulfurization using hydrogen is conducted to remove the sulfur present in crude oil. Due to the nature of crude oil, the amount of hydrogen needed for desulfurization varies according to the region where the oil was produced, affecting the performance of the treatment facilities. Read More
Notice of the Annual General Meeting of Orrön Energy AB
The shareholders of Orrön Energy AB (publ), 556610-8055 (the “Company”), are hereby given notice of the Annual General Meeting to be held on 4 May 2023 at 13.00 (CEST) at Södra Teatern, Mosebacke Torg 1-3, in Stockholm. The entrance to the meeting will open at noon (CEST).
Shareholders may choose to exercise their voting rights at the Annual General Meeting by attending in person, through a proxy or by postal voting.
Vote at the Annual General Meeting
Those who wish to exercise their voting rights at the Annual General Meeting must:
• be entered as a shareholder in the share register kept by Euroclear Sweden AB on 25 April 2023 or, if the shares are registered in the name of a nominee, request that the nominee registers the shares in their own name for voting purposes in such time that the registration is completed by 27 April 2023.
• give notice of attendance at the Annual General Meeting to the Company in accordance with the instructions set out in the section “Notice of attendance for participating in person or through a proxy” or submit a postal vote in accordance with the instructions set out in the section “Voting by post” no later than 27 April 2023. Read More
Dana Incorporated announced today that it has been named to the inaugural list of “America’s Greatest Workplaces for Women 2023” by Newsweek magazine. The award recognizes the company’s impact and commitment to building a culture that supports and embraces women in the workplace.
Dana was one of only two Tier One mobility suppliers among 600 companies identified in the rankings.
“Women have always faced unique challenges in the workplace, but I am proud to be part of an organization that works everyday toward strengthening our company culture through initiatives and policies that promote fairness, equity, and respect for all our team members around the world,” said Maureen Pittenger, senior vice president and chief human resources officer for Dana.
The rankings are based on a large employer survey and a sample set of more than 37,000 women working in the U.S. for companies that employ at least 1,000 employees. In total, the study collected more than 224,000 reviews of companies in the U.S. that employ at least 1,000 employees, across all industry sectors.
The evaluation and scoring were based on eight key drivers of employee satisfaction: company image, corporate culture, working environment, work-life balance, training and career progression, compensation and benefits, sustainability awareness, and proactive management of a diverse workforce.
“Running the business the ‘right way’ begins with ensuring that we always provide a safe, inclusive, and diverse environment for our people,” said James Kamsickas, chairman and CEO of Dana Incorporated. “Our commitment to this is evidenced by the recognition we have received from numerous organizations over the past several years. We believe that valuing others and winning together are core to ensuring that all Dana people have equitable opportunities to thrive and reach their full potential.”
This latest honor caps a number of third-party recognitions of Dana. The company was previously named one of “America’s Greatest Workplaces for Diversity 2023” by Newsweek, and late last year the magazine selected Dana as one of “America’s Most Responsible Companies 2023” for the fourth consecutive year. Last month, Dana was one of only 135 companies globally to be named to the “2023 World’s Most Ethical Companies®” list by Ethisphere. Read More
| Oil and Gas Blends | Units | Oil Price $ | change |
| Crude Oil (WTI) | USD/bbl | $74.05 | Up |
| Crude Oil (Brent) | USD/bbl | $79.08 | Up |
| Bonny Light | USD/bbl | $78.13 | Up |
| Saharan Blend | USD/bbl | $77.92 | Up |
| Natural Gas | USD/MMBtu | $2.11 | Up |
| OPEC basket 29/03/23 | USD/bbl | $77.72 | Up |
Vestas has secured a 162 MW order for the La Elbita project in the Province of Buenos Aires, in Argentina.
The project will feature 36 V150-4.5 MW wind turbines which Vestas will supply and install. Upon completion, Vestas will also deliver a 25-year Active Output Management 5000 (AOM 5000) service agreement. This agreement will optimise energy production while also providing long-term business case certainty.
“We are delighted to work again together with Genneia to start this project and contribute to accelerating the decarbonisation of the country’s energy matrix. In the same way, we are proud to know that foreign capital is willing to invest in the development of wind farms in Argentina and that they trust the experience of Vestas and Genneia to promote the local energy transition”, says the Sales Vice President of Vestas LATAM Southern Cone, Andrés Gismondi.
“We are also very proud to work with Vestas in this challenging Project, La Elbita, because both companies offer sustainable and efficient energy solutions aligned with our commitment to a decarbonised economy and to the climate change fight” says Gustavo Castagnino, Corporate Affairs and ESG Director at Genneia.
Turbine delivery is planned for the third quarter of 2023, whilst commissioning is expected for the second quarter of 2024.Read More
Dana Incorporated (NYSE: DAN) announced today that it has been named to the inaugural list of “America’s Greatest Workplaces for Women 2023” by Newsweek magazine. The award recognizes the company’s impact and commitment to building a culture that supports and embraces women in the workplace.
Dana was one of only two Tier One mobility suppliers among 600 companies identified in the rankings.
“Women have always faced unique challenges in the workplace, but I am proud to be part of an organization that works everyday toward strengthening our company culture through initiatives and policies that promote fairness, equity, and respect for all our team members around the world,” said Maureen Pittenger, senior vice president and chief human resources officer for Dana.
The rankings are based on a large employer survey and a sample set of more than 37,000 women working in the U.S. for companies that employ at least 1,000 employees. In total, the study collected more than 224,000 reviews of companies in the U.S. that employ at least 1,000 employees, across all industry sectors.
The evaluation and scoring were based on eight key drivers of employee satisfaction: company image, corporate culture, working environment, work-life balance, training and career progression, compensation and benefits, sustainability awareness, and proactive management of a diverse workforce.
“Running the business the ‘right way’ begins with ensuring that we always provide a safe, inclusive, and diverse environment for our people,” said James Kamsickas, chairman and CEO of Dana Incorporated. “Our commitment to this is evidenced by the recognition we have received from numerous organizations over the past several years. We believe that valuing others and winning together are core to ensuring that all Dana people have equitable opportunities to thrive and reach their full potential.”
This latest honor caps a number of third-party recognitions of Dana. The company was previously named one of “America’s Greatest Workplaces for Diversity 2023” by Newsweek, and late last year the magazine selected Dana as one of “America’s Most Responsible Companies 2023” for the fourth consecutive year. Read More
Vestas has signed an agreement with Casa dos Ventos for two projects in Brazil: Serra do Tigre wind park in the state of Rio Grande do Norte, and Babilônia Centro in the state of Bahia. The projects have a total capacity of 1.3 GW once fully installed, making it the largest onshore order to date for Vestas in Latin America and globally.
The firm order includes the supply, installation, operation and maintenance of 168 V150-4.5 MW turbines for the 756 MW Serra do Tigre project and 123 V150-4.5 MW turbines for the 554 MW Babilônia Centro project. Vestas will also deliver a 25-year Active Output Management 5000 (AOM 5000) service agreement. This agreement will optimise energy production while also providing long-term business case certainty.
“This agreement is a sign of our commitment to the expansion of renewables and our role as an enabler of the energy transition in Brazil. The partnership with Vestas has become strategic in this agenda and we are honored to have their support with technology and services in such relevant projects,” says Lucas Araripe, executive director of Casa dos Ventos.
“We are very proud to work in partnership with Casa dos Ventos once again and to support their ambitious vision of sustainability through our best-in-class energy solutions. The partnership with Casa dos Ventos demonstrates our shared commitment to making Brazil an example of renewable energy leadership for the entire region through high-impact projects such as Serra do Tigre and Babilônia Centro,” says Eduardo Ricotta, President of Vestas Latin America.
The delivery of the Serra do Tigre and Babilônia Centro is estimated to begin in the third quarter of 2024 and the commissioning is expected to begin in the first quarter of 2025.
With this order, Vestas has secured almost 10 GW of order intake in Brazil for the 4 MW platform since 2018, consolidating it as the best-selling wind turbine platform of all time in the country. Read More
Baker Hughes Rig Count
| Region | Period | Rig Count | Change from Prior |
| U.S.A | 24 March 2023 | 758 | +4 |
| Canada | 24 March 2023 | 165 | -42 |
| International | February 2023 | 915 | +14 |
28 April 2023 – 17 July 2023
Road Transporters: A Cornerstone of Mobility in Japan.Our special exhibition casts a light on the dedication of freight vehicle manufacturers to thank those in the road transport industry who make our life so much easier.
Venue:Special Exhibition Room (on the second floor of the Cultural Gallery), Toyota Automobile Museum. Exhibited cars ①Mizuno-shiki Three-Wheel Truck (1937)
②Toyota Model BM Truck with firewood gas generator (1950)
③ Toyopet Model SG Truck (1953)
④ Toyopet Masterline Light Van Model RR17 (1956)
⑤ Datsun 1000 Truck Model G222 (1960)
⑥Toyopet Stout Model RK35 (1959)
⑦Mazda T1500 Model TUB8 (1965)
⑧ Toyota Dyna Model RK170 (1967)
⑨Honda T360H Model AK250 (1965)
⑩Toyota Brisca Model GY10 (1968)
⑪Suzuki Suzulight Model SL (1957)
⑫ Toyota Tamaraw Model KF10 (1977)
⑬Toyota Deliboy Model T-KXC10V (1991) Read More
Emerson has launched its new ASCO™ Series 641,642 and 643 Aluminum Filter Regulators, which maximize process efficiency and reduce unplanned downtime in a broad range of process applications. This line of durable, aluminum filter regulators can handle the highest flow rates of any regulators in their class and provides precise pressure regulation to downstream instruments. An alternative to stainless steel filter regulators, ASCO Series 641, 642 and 643 Aluminum Filter Regulators complete Emerson’s full suite of valve piloting technologies. This allows process manufacturers to source their total valve piloting solutions, including solenoid valves, switch boxes,filter regulators and accessories, from one global technology partner.
By using one supplier, manufacturers can simplify their supply chains, improve design accuracy and access comprehensive engineering support. Designing a valve piloting solution that includes technologies from different suppliers splits vendor responsibility and can introduce an opportunity for error. Read More
OilandGasPress Energy Newsbites and Analysis Roundup | Compiled by: OGP Staff, Segun Cole @oilandgaspress.
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