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Egypt talks to Excelerate Energy about floating gas unit, says ministry
The Egyptian petroleum ministry announced on Thursday that it is in discussions with Excelerate Energy about a floating storage unit and regasification (FSRU). This will help to ensure a steady supply of natural gas for the Egyptian market. According to a statement, Steven Kobos CEO…
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Crown Castle sells fiber assets in an $8.5 billion deal to two entities
Crown Castle announced on Thursday that it would sell its fiber and small cells businesses to two entities for $8.5 billion, following the activist investor Elliott Investment Management's push. The fiber company announced that it would sell its fiber solutions and small cell business to Zayo Group Holdings for $4.25 Billion each.
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Boeing, Apple and GE will join US business delegation to Vietnam next week list shows
A list of participants, including Boeing, Apple, and other top U.S. companies in tech, defence, and energy, will be joining a large mission to Vietnam, next week. This could be a sign of confidence, as Vietnam tries to avoid U.S. tariffs on trade. The US-ASEAN Business Council is an advocacy group that organizes the annual mission.
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Rapid7 adds 3 new directors to its board of directors as part of a settlement with Jana Partners
Rapid7, a cybersecurity company, announced on Monday that it had reached an agreement with activist investors Jana Partners for three new board members to be added to its team. One of these directors is a partner in the hedge fund. Wael Mohammed, Mike Burns, and Kevin Galligan were named as the new directors of a Boston-based firm.
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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. Exmar reported on Thursday a decline in FY IFRS revenues to $348.9 millions but an increase in IFRS EBITDA at $204.7 million. It will not be proposing a dividend in 2024.
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Vopak will invest an additional 1 billion Euros in industrial and gas terminals before 2030
Vopak, the Dutch tank storage company, doubled its investment goal for expanding its industrial and gas footprint. The company…
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Sources say that most EU countries support softer storage targets for gas
In a meeting held behind closed doors on Wednesday, a majority of European Union member countries supported plans to relax…
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Ministers and executives say that if sanctions are eased, Europe will avoid Russian energy.
Ministers and executives at a Houston conference said that European buyers will not return to Russia's Energy Sector if the sanctions are lifted.
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Experts say that Trump's tariffs against steel and aluminum will increase costs for US energy companies
The proposed U.S. steel and aluminum tariffs will increase costs for U.S. Oilfield Services companies that rely on this metal for their operations.
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Indonesian prosecutors have arrested three Pertamina executives for oil imports
A senior official revealed that the Attorney General's Office in Indonesia has arrested three executives from Pertamina, a state-owned energy company.
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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. ALTEN…
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Stock prices of US natgas producers soar as gas futures soar
Gas futures prices have risen by 27% in the last seven days, reaching a two-year high. The extreme cold of recent days has pushed U.S.
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Vopak's profits are unlikely to change much by 2025 as one-offs have a negative impact on the 4th quarter results
Dutch tank storage company Vopak said that it expects to see little difference in its earnings by 2025, despite the fact…
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Vopak's earnings exceeded its guidance range
The Dutch tank storage company Vopak announced Wednesday that its core earnings for 2024 were above the previously-guided range…
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EQT's profit for the fourth quarter beats estimates due to higher natural gas prices and sales
EQT's fourth-quarter profit exceeded analysts' estimates on Tuesday as the natural gas company benefited from increased prices and sales.
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Constellation skips first earnings call since spinoff
Constellation Energy, the U.S.'s largest nuclear power company, missed its quarterly investor call for the first since it went public three years ago.
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Trump's Energy dominance aims to attract more global companies to the US
Executives said that the market upheaval caused by U.S. president Donald Trump's protectionist policies on trade has not…
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Exxon Mobil to receive LNG from ARC Resources
ARC Resources announced on Tuesday that it had signed a long-term liquefied gas supply contract with a division of Exxon Mobil.
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DNO buys Sval Energi in cash for $450 mln, enhancing North Sea portfolio
Norwegian oil group DNO announced on Friday that it had agreed to purchase rival Sval Energi Group, which is focused on the…
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Indonesia's Pertamina promises to improve transparency after corruption allegations
Indonesia's state owned energy company Pertamina publicly apologized on Monday and promised to improve its governance following…
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TSX futures flat amid US tariffs uncertainty
The futures linked to Canada's major stock index were tepid on Friday as investors awaited further details about U.S. tariffs.
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European shares rise on the back of energy stocks; US tariffs are in sight
European shares rose slightly Monday, as energy stocks gained support. Markets also weighed the fears of a trade war after…
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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. The…
