US extends deadline for talks on Lukoil assets until May 30
According to a posting on the Treasury Department's website, the U.S. Treasury Department extended by about a month, or a little more than a month, an existing deadline…
Climate records were broken in nearly all of Europe last year as temperatures soared above average.
Scientists from the EU and World Meteorological Organization reported that?2025 was a hotter than average year for?wildfires and sea temperatures, and for heatwaves. Climate change is accelerating, they said.
Quotations-Reactions from industry leaders and businessmen to Iran's statement that Hormuz was open
Iran's Foreign Minister said that the?Strait of Hormuz is open to all commercial vessels after a ceasefire agreement was reached in Lebanon. The shipping industry and other…
Oil Prices Fall 4% as US Proposes Iran Peace Plan
Oil prices slid about 4% on Wednesday on reports that the U.S. had sent Iran a 15-point proposal aimed at ending the war, prompting talk of progress toward a ceasefire.Brent futures fell 3.96…
Document shows that eight countries have warned the EU against a weakening of carbon markets
Spain, the Netherlands, and six other countries have urged the European Union to not dismantle the emissions trading system of the bloc, which is its primary climate change policy.
Helsinki Energy Group plans to invest heavily in small nuclear reactors
Helen, the city's energy utility, plans to invest between $1.16 billion and $5.78 billion in Small Modular Reactors in the next few years. This was revealed by the head…
Seven countries warn EU against changing the energy market design
Seven EU member states, including the Netherlands, Sweden and Belgium, warned the executive of the bloc 'on Thursday' against interfering in the system that determines Europe's energy price.
Statkraft and OX2 battery deal in Finland to smooth out wind power volatility
Statkraft, the Norwegian state-owned utility, announced on Wednesday that it had signed an agreement for power purchase (PPA) to buy two battery energy systems (BESS), developed…
Sweden and other countries oppose the calls to delay the new EU carbon market
A joint?paper of the countries revealed that Sweden, Denmark and Finland have resisted calls from other European governments to postpone the EU's forthcoming?carbon markets…
Finland's Neste sees flat biofuel volumes in 2026, lagging market forecast
Neste expects little change in biofuel sales by 2026 despite a supportive regulatory environment in Europe, the company said Thursday after it surpassed its quarterly core profit expectations.
Sources say that Nscale, a UK AI company backed by Nvidia, has hired banks to prepare for its IPO.
People familiar with the situation said that Nscale Global Holdings, a British artificial intelligence company backed by Nvidia, has hired Goldman Sachs and JPMorgan in order to prepare for a public offering.
Uniper CEO: EU accepts that Russian units cannot be sold by Uniper
Uniper CEO: The European Union has accepted that Uniper is unable to meet a condition of the bailout package worth?13.5 billion euros ($16.2 billion), because it cannot sell its Russian subsidiary.
Nordzucker, a German sugar company, expects to lose money as the market for sugar remains weak
Nordzucker, Germany's second largest sugar refiner, warned that it could suffer an operating loss due to the low EU sugar prices, which are affecting producers across the market.
US permits talks about Lukoil’s foreign assets to continue until February 28,
The U.S. Department of Treasury on Wednesday extended the license for companies to 'talk' with Russian energy giant Lukoil regarding buying their foreign assets by more than one month, until February 28, 2019.
US permits negotiations over Lukoil’s foreign assets to take place until January 17, 2019.
The United States extended Wednesday a deadline for negotiations to buy the global assets of Russian Oil?company Lukoil. It was originally set at?January 17th. Lukoil's…
Lukoil to Sell International Assets
Russia's Lukoil is selling its international assets after the U.S. imposed sanctions on the company.Washington refused to approve the sale of assets to Swiss commodity trader Gunvor…
French and Benelux stocks: Factors to watch
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. ALSTOM: French rail maker Alstom has raised its organic sales forecast for 2025 to over 5%…
Carlyle is exploring options to purchase Lukoil's foreign assets, according to sources
Three sources familiar with this situation have confirmed that the U.S. Carlyle private equity firm is looking at options to purchase foreign assets of Russian oil giant Lukoil.
Carlyle is exploring options to purchase Lukoil's foreign assets, according to sources
Three sources familiar with this situation have confirmed that the U.S. private-equity giant Carlyle is looking at options to purchase foreign assets of Russian oil major Lukoil.
Almost a Third of Russian Seaborne Oil Export Potential is Stuck in Tankers
Around 1.4 million barrels per day of Russian oil, or almost a third of the country's seaborne exporting potential, remain in tankers as unloading slows due to U.S. sanctions against Rosneft and Lukoil…