Latest news

United States
Jun 22, 2024

GE Vernova could not concur turbines switch on NY wind tasks, CEO says

Power services company GE Vernova could not reach a contract to provide smaller turbines for 3 New york city offshore wind advancements before the agreements were canceled,...

Nordic States
Jun 22, 2024

Renewable fuel producer Neste squeezed by market overcapacity

Finnish refiner Neste's. firstquarter operating earnings missed expert. expectations on Thursday, with the company saying demand for. eco-friendly fuels is lagging behind capacity additions this year,. sending...

East European Countries
Jun 22, 2024

Russia alerts Kazakhstan oil transit to Germany at danger over service payments, sources say

Russia has actually cautioned Kazakhstan its oil transit to Germany could drop in June due to a payment deadlock in a plain tip of the landlocked nation's...

Nordic States
Jun 22, 2024

Equinor upbeat about investor interest in US overseas wind farm

Norway's Equinor is positive of discovering an investor for its scheduled Empire Wind 1 offshore wind farm in New York after a new power offtake agreement enhanced...

Environment
Jun 22, 2024

Renewables generate a 3rd of Australian electrical energy in Q1 2024: Maguire

Eco-friendly energy sources created over a third of Australia's. utilitysupplied electrical power during the very first quarter of 2024, a. record share for solar and wind farms...

Thailand
Jun 22, 2024

Thailand to select previous energy executive Pichai financing minister, sources state

Thailand will name former corporate energy executive and central bank board member Pichai Chunhavajira as its new financing minister, taking control of the function from Prime Minister...

North America
Jun 22, 2024

CMS Energy posts greater first-quarter earnings helped by robust demand, lower expenses

CMS Energy reported an increase in firstquarter profit on Thursday, as the electric and gas energy took advantage of higher sales and enhanced weather which reduced stormrelated...

North America
Jun 22, 2024

Xcel Energy posts Q1 profit beat as cost-cutting measures bear fruit

Xcel Energy posted a. betterthanexpected firstquarter revenue on Thursday, as the. electrical and natural gas utility took advantage of lower operating. expenditures due to costcutting efforts and...

North America
Jun 22, 2024

GE Vernova reports wider-than-expected Q1 loss in very first post-spinoff results

General Electric's energy spinoff company, GE Vernova, reported widerthanexpected firstquarter loss on Thursday, as weakness in its wind segment balanced out need for naturalgas related devices and...

Asia / Pacific
Jun 22, 2024

Russia reinsurer backs companies to get India marine insurance authorization

Russia's stateowned reinsurer has actually given financial backing to 3 Russian insurance firms, enabling them to get Indian approval to offer marine insurance cover to tankers, two...

Asia / Pacific
Jun 22, 2024

MORNING quote AMERICAS-Meta plunges, mega mining merger revealed

( Gets rid of extraneous letter in very first paragraph). A take a look at the day ahead in U.S. and international markets from Mike. Dolan. Megacap...

ASEAN Countries
Jun 22, 2024

Singapore middle extracts stocks gain 14% week on week; nearly near 3-year high

Singapore's middle extracts stockpiles reversed previously draws and surged by more than 14% week on week to almost a threeyear high as net exports dipped, official federal...

United States
Jun 22, 2024

UPS, FedEx transition to electric vans slowed by battery lacks, low supply

UPS and FedEx are dealing with unpredictability in U.S. materials of huge, boxy electrical step vans they need to replace their gas guzzlers and make a dent...

United States
Jun 22, 2024

Biden administration aims to tidy up power sector with revamped rules

The Biden administration on Thursday revealed it has actually completed guidelines targeting carbon, air and water contamination from power plants that it states could cut over 1...

East Asia
Jun 22, 2024

Stocks and yen struggle as tech troubles weigh

World stocks snapped a threeday winning streak on Thursday as disappointing forecasts from Facebook and Instagram parent Meta hammered tech, while the yen's drop through 155 per...

Canada
Jun 22, 2024

Oil, chemical industry lobbyists pile in to UN talk with curb plastics

Almost 200 fossil fuel and chemical market lobbyists plan to join today's United Nations settlements on the very first worldwide treaty to curb plastic contamination-- a 37%...

North America
Jun 22, 2024

Algeria buys durum wheat in tender, traders state

Algeria's state grains firm OAIC is thought to have purchased durum wheat in an global tender which closed on Wednesday, European traders stated on Thursday. The accurate...

Asia / Pacific
Jun 22, 2024

Insurance companies' environment alliance relaunches after member exodus

A global insurance union meant to help suppress the sector's greenhouse gas emissions has actually relaunched with a brand-new name and weaker subscription requirements in response to...

China
Jun 22, 2024

Dalian iron ore extends gains on China need hopes, profit-taking caps rise

Dalian iron ore futures costs extended their rise for a. second straight session on Thursday, supported by lingering. need hopes in top consumer China, although some earnings...

Nordic States
Jun 22, 2024

Equinor first-quarter earnings down 37% on lower gas prices

Equinor published a. sharp fall in firstquarter revenue on Thursday, struck by tumbling. gas prices in Europe, however strong energy trading and. rising output restricted the decline....

ASEAN Countries
Jun 22, 2024

China's Sinopec charts global expansion with refinery in competing India's backyard

C hinese state energy huge Sinopec is pushing for greater access to Sri Lanka's market, where rival India is likewise seeking to expand its existence, as it...

Singapore
Jun 22, 2024

Stocks hit by tech slide; yen flails at intervention zone

Asian stocks fell on Thursday as frustrating incomes forecasts from Facebook moms and dad Meta Platforms hammered tech shares, while the yen's. depression past 155 per dollar...

Asia / Pacific
Jun 22, 2024

Tumble in storage battery costs to improve shift to renewables, says IEA

An anticipated sharp fall in battery costs for energy storage in coming years will accelerate the shift to renewable resource from nonrenewable fuel sources, the International Energy...

Carbon Emissions
Jun 22, 2024

Renewables create a 3rd of Australian electrical power in Q1 2024: Maguire

Renewable energy sources produced over a 3rd of Australia's. utilitysupplied electrical power throughout the very first quarter of 2024, a. record share for solar and wind farms...

United States
Jun 22, 2024

Oil consistent as market weighs United States demand issues, Middle East dispute threats

Oil prices were little changed on Thursday as falling fuel demand in the U.S., the world's biggest oil user, amidst signs of a slowing economy competed with...

Europe
Jun 22, 2024

Hong Kong's CK Group to purchase N.Ireland natgas supplier for $945 mln

A consortium of Hong Kong's CK Infrastructure, CK Property, and Power Assets will acquire a Northern Ireland gas distribution network operator, Phoenix Energy, for an enterprise value...

North America
Jun 22, 2024

Hawaiian Electric tells clients on Hawaii Island to resume regular power usage

Hawaiian Electric on Wednesday informed consumers to resume using electrical energy a regular, ending a call to conserve power on Hawaii Island after its generation capability dropped...

Asia / Pacific
Jun 22, 2024

Iron ore extends increase on persistent China need hopes; profit-taking caps gains

Iron ore futures prices extended their increase for a second straight session on Thursday, supported by remaining need hopes in leading consumer China, although some profit taking...

Crude Oil
Jun 22, 2024

Stocks hit by tech depression; yen flails at intervention zone

Asian stocks fell on Thursday as disappointing profits forecasts from Facebook moms and dad Meta Platforms hammered tech shares, while the yen's. depression past 155 per dollar...

United Kingdom
Jun 22, 2024

Financial Times - April 25

The following are the top stories in the Financial Times. has not validated these stories and does not guarantee their precision. Headlines - Schroders introduces look for...

Singapore
Jun 22, 2024

Steep discounts, new vessels stimulate need for LNG to power ships

Need for melted gas (LNG) to power ships will rise this year on appealing rates, while more dualfuel vessels join the international fleet, market executives said. Prices...

Asia / Pacific
Jun 22, 2024

Is China stockpiling oil and other resources in case of future war?: Peter Apps

In the eastern Chinese port of Dongying, the start of 2024 has actually typically seen a number of tankers docked all at once discharging Russian crude oil...

Asia
Jun 22, 2024

Battling climate modification, Japan looks to seagrass for carbon capture

On a current Saturday, some 100 volunteers gathered on a popular beach in the Japanese port city of Yokohama, pitching in the shallows to plant strands of...

Energy Markets
Jun 22, 2024

Oil eases as US need concerns exceed worries over Middle East disputes

Oil costs relieved in early trade on Thursday as issues about a prospective slowdown in the U.S. economy amid prospects for postponed rate of interest cuts exceeded...

Asia
Jun 22, 2024

Singapore's Keppel earnings rises on strong infra, connection performance

Singapore's Keppel said on Thursday its firstquarter net earnings excluding the impacts of tradition offshore and marine assets was higher, improved by strong efficiency in the international...

South America
Jun 22, 2024

Vale expects to reach final arrangement for Mariana dam reparations in very first half of year

Mining company Vale expects to reach a last arrangement with authorities for reparations for the collapse of the Samarco tailings dam by the end of the very...

Brazil
Jun 22, 2024

Vale's net revenue down 9% in the first quarter

Brazilian miner Vale reported on Wednesday a 9% decrease in its firstquarter net benefit from the exact same period a year earlier, as a weaker functional performance...

North America
Jun 22, 2024

United States Army states union vessel engaged anti-ship ballistic rocket released from Yemen

A union vessel successfully engaged one antiship ballistic missile (ASBM). released from the Iranianbacked Houthi terroristcontrolled. locations in Yemen over the Gulf of Aden, the U.S. Central...

Canada
Jun 22, 2024

UK car output falls in March as EV-transition get ready, says market body

Britain's car production fell 27.1%. yearonyear in March as producers wound down existing. designs and more plants transitioned to electric car. production, data from the Society of...

United Kingdom
Jun 22, 2024

Nature loss might slow UK development 12% by the 2030s, report states

Nature loss might position a. greater danger to Britain's economy than the COVID19 pandemic and. wipe 300 billion pounds ($ 373.83 billion) off UK financial development. if...

United States
Jun 22, 2024

US requires bird influenza tests for dairy cattle moving between states

The U.S. government will require dairy livestock moving in between states to be evaluated for bird flu starting on Monday as federal authorities increase their action to...

Asia / Pacific
Jun 22, 2024

Investor group advises Toyo Suisan to concentrate on instantaneous noodles, exit tradition companies

A financier group is prompting Toyo Suisan Kaisha to think about exiting its tradition services plus raise its dividend and buy back shares, arguing these steps might...

South America
Jun 22, 2024

Brazilian power generator EMAE's CEO could be new head of ONS -sources.

Brazilian power generator EMAE's CEO Marcio Rea could become the chief of the National Electrical Power System Operator (ONS), three sources with understanding of the matter told...

Crude Oil
Jun 22, 2024

Equities blended as financiers eye incomes; yen on intervention watch

U.S. and European shares completed mixed on Wednesday ahead of more business earnings this week, and the yen was bogged down near 34year lows, keeping traders wary...

Mexico
Jun 22, 2024

Make money from Ternium edge up, slimmer margins seen in next quarter

Steelmaker Ternium on Wednesday published a. first-quarter net earnings that edged up 2%, moved by bigger. shipments of steel even as it forecasted that margins could. shrink...

Asia / Pacific
Jun 22, 2024

Financier group prompts Toyo Suisan to focus on immediate noodles, exit tradition company

An investor group is urging Toyo Suisan Kaisha to consider exiting its legacy business plus raise its dividend and buy back shares, arguing these actions could roughly...

Canada
Jun 22, 2024

TSX loses winning streak as railroad shares slide

Canada's primary stock index fell on Wednesday, including decreases for railway shares, as longterm obtaining expenses climbed and retail sales data added to evidence of a slowdown...

Australia / New Zealand
Jun 22, 2024

Offers of the day-Mergers and acquisitions

The following quotes, mergers, acquisitions and disposals were reported by 1930 GMT on Wednesday: ** Blackstone is purchasing restaurant chain Tropical Shake Cafe for almost $2 billion,...

United States
Jun 22, 2024

Ambani's JioCinema cuts membership costs as India's streaming war heats up

JioCinema, the streaming platform run by India's Dependence Industries, on Thursday cut rates of its premium providing to as low as 29 rupees ($ 0.3480). a month,...

Australia / New Zealand
Jun 22, 2024

United States solar panel makers look for import tariffs to protect brand-new domestic factories

Some of the world's biggest solar equipment makers on Wednesday asked President Joe Biden's. administration to impose tariffs on panels and cells from four. Asian countries to...