Technip Energies, France's Technip Energys, misses its Q4 profit target and announces a buyback
The French energy infrastructure company, Technip?Energies, reported a quarterly adjusted core profit that was below the market expectations. However, it announced a higher…
VEGOILS - Palm oil tracks Dalian palm and Chicago soy oils are lower; weak exports weight
Malaysian palm oil futures dropped on Thursday. They were weighed down by weak Dalian palm oil, Chicago soy oil prices, and sluggish exports. By midday, the benchmark palm…
Indonesian court delivers verdicts in corruption cases linked to Pertamina, the state energy company
On Thursday, an Indonesian court will deliver its verdict on nine people who are accused of illegally importing crude oil, leasing a fuel terminal and other actions which…
APA exceeds its quarterly profit forecasts as lower costs offset the weak price, output
Oil and 'gas company APA beat the fourth-quarter profit estimate?on Friday. This was helped by lower operational costs that offset the impact of weaker commodity prices & a decrease in?production.
US provides historic $26.5 billion loan to Southern Co subsidiaries
The?U.S. The Energy Department announced on Wednesday that it has provided a loan of $26.54 billion to'subsidiaries' of Southern Co in order to improve grid reliability.
Shell and MET Group sign an MOU to supply US LNG to Europe
LONDON, February 25 - Switzerland's energy trader MET Group reportedly announced on Wednesday that it 'has signed a Memorandum of Understanding (MoU), with Shell, for the…
Sources say that OPEC+ will consider an increase in oil production of 137,000 bpd for April.
OPEC+ will likely consider?raising their oil output by 137,000 barrels a day for April. Three sources familiar with OPEC+'s thinking stated that the group is preparing for…
First Solar shares fall after poor sales forecast amid policy uncertainties
On Wednesday, shares of First 'Solar' fell 12.8% and reached their lowest level since September last year. The company had forecast sales that were below Wall Street estimates due to uncertainty in the U.S.
Sources: Saudi Arabia increases oil production and exports to prepare for a US attack against Iran
Saudi Arabia has increased its oil exports and production as part of an emergency plan, in case a U.S. attack on Iran disrupts Middle East supplies. Two sources familiar…
Saipem is poised to return to Venezuela following the easing of U.S. sanctions
Alessandro Puliti, the chief executive of Italian oil contractor Saipem, said that it is prepared to resume operations in Venezuela after the lifting of U.S. sanction -…
Sources say that OPEC+ will consider an increase in oil production of 137,000 bpd for April.
OPEC+ is likely to consider raising its oil production by 137,000 barrels a day in April, according to three sources familiar with OPEC+'s thinking. The group is preparing for the peak summer demand…
First Solar shares fall after weak sales forecast amid policy uncertainties
First Solar shares fell 16.7% on Wednesday in premarket trade after the company predicted annual sales below Wall Street expectations due to uncertainty and delays caused by the Trump administration's U.S.
Iberdrola's earnings are higher after the network business boosts results for 2025
Iberdrola, Europe's largest utility, expects its business of building and updating?power?networks in Britain and America to boost earnings this year, after it drove a 10% increase in 2025 adjusted Net Profit.
Angola’s national oil company is looking to diversify its business into minerals that are critical.
Sonangol, the state-owned Angolan oil company, said Wednesday it wants to diversify its business into minerals that are critical for economic growth. Sonangol's executives…
Palm tracks rival Chicago Soyoil Dalian's olein lower
Malaysian palm futures fell on Wednesday, marking the fourth?straight session of declines, following weakness in Chicago soyoil and Dalian's palm oil. The benchmark palm…
Vopak turns strong profits into $2 Billion in investor returns
Vopak, a tank storage company, announced on Wednesday that it will return 1.7 billion Euros ($2.0 billion) in dividends to shareholders over the course of the next five-year period.
The recurring profit of EDPR, a renewable energy company, will jump 50% in 2025 due to US growth
EDP Renovaveis is the fourth largest?wind energy producer in the world. On Wednesday, it announced that recurring net profit would rise 50% by 2025. This was due to a strong U.S.
The US AI boom is facing an electric shock
The race for artificial intelligence dominance by Big Tech may hit a snag soon as U.S. power grids struggle to keep up with hyperscalers who spend a lot of money. Microsoft…
Palm oil surpasses rival Dalian and Chicago oils are higher
Malaysian palm oils futures climbed a little higher on Wednesday, after three consecutive sessions of declines, as they tracked the strength in Dalian & Chicago soy oil…
U.S. Trade Action Deals Blow to Indian Solar Makers
Analysts and representatives of the industry said that India's plans for strengthening its?position on the U.S. Solar market have been stymied by Washington's decision to…