Portugal's biggest energy EDP reported on Thursday a 40% dive in 2023 net earnings, driven by higher hydroelectric production in Iberia and more profits from its Brazilian...
Oil rates edged lower on Thursday as U.S. inflation information indicated a softening of the world's most significant economy that could deteriorate unrefined need, with increasing OPEC...
A global equity index bore down Thursday after a much expected U.S. inflation reading provided little surprise for relieved investors and helped press U.S. Treasury yields lower....
U.S. product provided of distillate fuel oil declined in December to 3.61 million barrels daily ( bpd), down about 10% from November and the most affordable since...
The S&P 500 and Nasdaq closed at record highs and the international equity index advanced on Thursday after a much expected U.S. inflation reading provided little surprise...
Canada's primary oilproducing province of Alberta on Thursday stated the budget plan surplus would diminish in the 2024/25 due to adverse market conditions before growing again as...
President Joe Biden on Thursday chose 2 Democrats and one Republican to the Federal Energy Regulatory Commission (FERC), an independent panel that rules on energy transmission and...
The U.S. Environmental Security Company on Thursday said it will leave out existing gas power plants from its suggested carbon regulations that it prepares to complete in...
India's top conglomerate Dependence Industries and Walt Disney on Wednesday announced the merger of their India television and streaming media possessions, producing an $8.5 billion entertainment juggernaut...
U.S. petroleum stockpiles increased while gas and extract stocks fell last week, the Energy Details Administration said on Wednesday. Crude stocks rose by 4.2 million barrels to...
The RelianceDisney India merger has brought in Nita Ambani, wife of Dependence boss Mukesh Ambani, back into mainstream service as the new company's. chair, where her experience...
U.S. petroleum stockpiles rose while gasoline and distillate stocks fell last week as refiners performed at listed below seasonal lows due to planned and unexpected outages, the...
An international equities index fell somewhat on Wednesday while Treasury yields edged down and the dollar rose against a basket of major currencies as traders bewared the...
The owners of Energia Group are looking for advisers to offer the Irish energy in a deal that could value it at as much as $3 billion...
An international equities index fell slightly on Wednesday while Treasury yields edged down and the dollar rose against a basket of currencies on caution the day before...
Russian Deputy Minister Alexander Novak stated on Wednesday that Russia is ruling out a restriction on diesel exports, and that a ban on gasoline exports may be...
U.S. crude oil futures settled lower on Wednesday after the Federal Reserve held firm on its choice to hold back cutting U.S. rate of interest in the...
Alberta, which produces most of Canada's crude oil, will prohibit sustainable power jobs on prime farming land and put up buffer zones to guarantee wind turbines do...
U.S. petroleum futures settled lower on Wednesday after the Federal Reserve held company on its choice to hold off cutting rates of interest in the near future,...
A global equities index fell slightly on Wednesday while Treasury yields edged down and the dollar increased versus a basket of currencies as investors were careful the...
Monster Beverage missed out on Wall Street expectations for fourthquarter income on Thursday, as budgetconscious consumers turned cautious of acquiring the business's greater priced beverages and energy...
U.S. officials this week forever withdrew a study targeted at gathering details on the cryptomining market's power usage, preventing attempts to comprehend the sector's influence on grids...
Significant automakers said on Wednesday that a California plan to end the sale of gasolineonly vehicles by 2035 might be impracticable in 11 other states that adopted...
Oil rates insinuated early Asian trade on Wednesday as the possibility of a postponed U.S. rate cutting cycle balanced out the increase offered by talk of extensions...
Asian stocks were tentative on Wednesday ahead of a U.S. inflation reading this week that could influence the timing of the Federal Reserve's. alleviating cycle, while the...
Worldwide melted natural gas (LNG) demand will grow in 2024 with leading purchaser China back in the market and usage in Europe increasing, a. TotalEnergies executive stated...
Australian shares ended flat on Wednesday, as a bleak performance by heavyweight financials offset a jump in technology and energy stocks, while investors digested a weakerthanexpected inflation...
Asian stocks relieved on Wednesday in cautious trading ahead of a U.S. inflation reading today that could affect the timing of the Federal Reserve's alleviating cycle, while...
Fresh U.S. sanctions on Moscow threaten to dent Russian oil sales to India, the greatest buyer of Russian seaborne crude, and make complex efforts by Indian state...
German utility Uniper has actually offered significant amounts of its future hydropower output as part of its hedging technique, the company stated in a. presentation for a...
Falling demand for energy and gas and lower rates took a huge toll in 2023 on Spanish power energy Endesa, which posted an even worse than expected...
Britain's auction to ensure enough electricity capacity for 2027/28 has actually cleared at 65 pounds ($ 82) per kilowatt (kW) per year, National Grid said on Tuesday....
Britain's auction to ensure enough electricity capability for 2027/28 cleared at a record high of 65 pounds ($ 82) per kilowatt (kW) per year, National Grid stated...
China's solar capability growth might slow in 2024 to 31%, a solar manufacturing association stated on Wednesday, after a record 55% boost last year as the market...
China's air travel fuel consumption is likely to expand 13.1% this year on a rise in passenger travel, however its petroleum imports might remain flat, according to...
World stocks alleviated on Wednesday as traders held their fire ahead of a U.S. inflation reading later on this week that may affect the timing of the...
Italy's stateowned Leonardo said on Wednesday it had actually signed numerous contracts in the helicopter sector as it prepares to reveal a new industrial plan next month....
Bailedout German energy Uniper expects a considerable fall in revenue this year, it stated on Wednesday, blaming lower wholesale energy costs that have actually also clouded the...
Venezuela's government is intensifying its efforts to lower inflation ahead of a. presidential election this year, keeping the bolivardollar. exchange rate consistent and weighing how to manage...
World stocks eased on Wednesday as traders held their fire ahead of a U.S. inflation reading this week that might influence the timing of the Federal Reserve's...
Harmony Gold, South Africa's biggest gold miner by volume, says it will pay a. record interim dividend after a jump in output of the precious. metal and...
Moelis & & Co has worked with Stephen Trauber to run its worldwide energy company, with the prolific dealmaker signing up with as part of a considerable...
The European Energy Exchange (EEX) and Turkish energy bourse Enerji Piyasalari Isletme A.S. (EPIAS) on Wednesday signed a memorandum of comprehending highlighting their dedication to establishing carbon...
10s of thousands of Mozambicans are leaving their homes in the restive Cabo Delgado province in the middle of a surge in lethal insurgent attacks because January....
Endesa CEO Jose Bogas said on Wednesday he was optimistic about the outcome of a. $ 585 million arbitration case related to a cost review of a....
French corporation Bouygues published a 19% pro forma rise in annual operating profit on Tuesday as strong efficiencies by energy arm Equans, roadbuilding firm Colas and construction...
European stock indexes increased slightly in early trading on Tuesday, as the equity rally slowed and financiers weighed up the outlook for central bank rate cuts, ahead...
Exxon Mobil Corp. said on Monday it may preempt Chevron Corp's acquisition. of a 30% stake in a huge Guyana oil block, the centerpiece of. its offer...
Oil rates ticked up in early Asian trading on Monday, extending gains for the third straight day, as shipping interruptions stimulated supply concerns. Brent unrefined futures rose...
Japan's core customer inflation slowed for a 3rd straight month in January but beat projections and held at the reserve bank's 2% target, keeping alive expectations it...
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