Friday, January 18, 2019

Finland News

Vattenfall Okays 605MW Kriegers Flak offshore Wind Farm

Image: Vattenfall

Swedish state-owned power company Vattenfall has reached a final investment decision for the 605MW Kriegers Flak offshore wind farm in the Danish waters of the Baltic Sea.Vattenfall…

ScanOcean, Neste Pact for Low-Sulfur Bunker Fuel

Pic: Neste Corporation

Finland oil refining and marketing company Neste Corporation and Swedish bunker and marine fuels provider ScanOcean AB enter into cooperation in delivering Neste’s low-sulfur marine fuel.

Gasum Consolidates Nordic LNG Market

Johanna Lamminen, Chief Executive Officer. Photo: Gasum

The Liquefied Natural Gas (LNG) company Skangas is renamed Gasum (See MarineLink report ). The Scandinavian distributor and producer of small-scale LNG claimed that the…

Gasum to Create Finland's Second Largest Biogas Plant by Late 2019

Finnish state-owned gas firm Gasum plans to expand the processing capacity of its biogas plant in the city of Turku, making it the second largest such facility in the country…

Google to Tap the Power of Offshore Wind

Google invests $700 mln in Danish data center, secures green energyGoogle will invest almost $700 million in a Danish data centre, the latest investment in the Nordic region…

Posti to Use LNG Vehicles

Image: Gasum

Finland's leading postal and logistics service company Posti has taken into service two full trailer combinations powered by liquefied natural gas (LNG).Posti will be using…

Finland Eyes Imports of Piped Gas via Baltics, Poland

Finland could in future receive gas from Norway via a network of pipes being planned through the Baltic countries and Poland, as part of an effort to reduce its dependency…

Industry Groups Welcome Arctic Heavy Fuel Oil Ban

Pic: Pacific Environment

The Clean Arctic Alliance and indigenous groups welcomed the support given by member states to commence work on developing a ban on the use and carriage of heavy fuel oil…

Kvaerner Eyes Growth, Mergers as Profits Decline

Kvaerner, a Norwegian builder of oil platforms, aims to increase its revenue by some 40 percent by 2022 by expanding abroad, the company said on Tuesday after reporting a sharp decline in third-quarter earnings

DNV GL Pact with WeatherTech on Wind Turbines

Photo: DNV GL

DNV GL, the world’s largest resource of independent energy experts and certification body, today announced that it has joined forces with Swedish atmospheric science experts…

Environmentalists File Second Complaint to Block Nord Stream 2

Photo courtesy of Nord Stream 2

Environmental campaign group ClientEarth has filed a complaint with a court in Sweden to block the construction through Swedish waters of the Nord Stream 2 gas pipeline…

​​​​Google Buys into New Finnish Wind Energy in Renewables Search

© W.Scott McGill/ Adobe Stock

Google said it has signed a 10-year deal to buy renewable energy from three new wind farms that are being built in Finland and which will power one of its data centers.Big companies have rushed to secure cheap

Gasum acquires Enegia's power market services

© Jani Riekkinen / Adobe Stock

Finland's state-owned gas firm and transmission system operator Gasum acquired the customer base of power broker Enegia, a company that handles the trading of about a quarter of the country's electricity use, t

Nord Stream 2 Seeks Alternative Route to Avoid Danish Waters

© Nord Stream 2 / Axel Schmidt

The Russia-led Nord Stream 2 consortium said on Friday it has applied to Denmark for an alternative gas pipeline route through the Baltic Sea that would avoid the Nordic…

Finland's Fortum Bets on Fledgling Russian Wind Power Market

© Fabian / Adobe Stock

Finnish utility Fortum is hoping to attract financial partners for its new wind and solar projects in Russia, where it aims to capitalise on its decade-long presence in…

Finland to Reduce Stake in Oil Refiner Neste

Finland on Tuesday said it would sell 12.8 million shares in oil refiner Neste, representing about 5 percent of the company.After completion of the sale, Finland's holding…

Nord Stream 2 Dredging Starting Off German Coast

An ROV operates from the vessel Trio to explore the seabed close to Lubmin, Germany. (File photo: © Nord Stream 2 / Axel Schmidt)

A consortium of western companies and Russia's Gazprom that is due to build the controversial subsea Nord Stream 2 gas pipeline to Germany said on Tuesday it was starting…

Environmental group files complaint to stop Nord Stream 2 in Finland

Pipes for Nord Stream 2 gas pipeline in Kotka, Finland (Photo: Gazprom)

Environmental campaign group ClientEarth on Monday said it had submitted a complaint to a Finnish court seeking to stop the construction of the Nord Stream 2 gas pipeline…

Neste Beats Market Expectations, Shares Soar

File Image (CREDIT: AdobeStock / © scanrail)

Finnish oil refiner and biofuel producer Neste posted its highest ever quarterly result on Thursday, helped by a U.S. tax break and profitable biofuel production. Shares…

Fortum Contracted to Raise Finland's Solar Power Capacity

Photo: Fortum

Finland's Fortum, a majority state-owned utility company, won a tender to increase Finland's total solar production capacity by nearly 30 percent, the firm said on Monday.