The Austrian oilfield equipment supplier SBO reported a 12% revenue decline to €129.2 million and a 13.3% drop in profit to €13 million in the first quarter of 2025. CEO Klaus Mader attributes this to low oil prices and uncertainties caused by the US tariff dispute. While industry investments are decreasing, SBO is strategically focusing […]
Category: Energy
Using Affordable Green Electricity for a Win-Win Situation
Why so-called PPAs are the key to the energy transition for industry — and why Austria’s green power producer Enery is launching the Enery Marshall Plan for energy-intensive industries. To answer the question “What is a PPA?” one sentence suffices: “A PPA is a win-win situation.” A PPA, short for Power Purchase Agreement, is a […]
Automated Cranes at Port of NEOM
Port of NEOM, set to become an advanced and sustainable port, has marked a major milestone with the arrival of the first fully automated, remote-controlled Ship-To-Shore (STS) and Electric Rubber-Tyred Gantry (eRTG) cranes in KSA — advancing its goal to become a global hub for smart, sustainable trade. Strategically located on the Red Sea, one […]
Need for Inland Waterways Freight is Evident
The British House of Commons in Westminster was a wonderful location for a reception on the opportunities and challenges for inland waterways freight on rivers, canals and estuaries in Britain, held last Thursday, as David Priestman reports. An often-overlooked freight carrying network, rivers and canals have some untapped potential for sustainable transport. Forty million tonnes […]
Shipping: First large-scale e-methanol plant opened near German border
Green methanol is intended to help the shipping industry, among others, to reduce its emissions. It is still a scarce commodity. Plants like the one in Apenrade in Denmark are intended to change this. The world’s first large-scale e-methanol plant has gone into operation near the German-Danish border. The energy company European Energy officially opened […]
Digital innovation combines economy and ecology
Energy Communities generate and use energy together with a focus on renewable forms of energy. Digital platforms manage networking and administration for participating municipalities, companies and private individuals.