The year 2022 was a successful one for the major oil companies, which raked in $151 billion in net income. However, not everyone is happy with these profits, with governments and NGOs questioning their relevance in the midst of a global energy and climate crisis.
The French have already deposited hundreds of billions of euros in their Livret A savings accounts. Now the government is considering an alternative use of these popular savings to finance the construction of new nuclear reactors and the transformation of the energy landscape.
The Toshiba Group, which has suffered a loss in value in recent years, announced in April that it was seriously considering a takeover. It is the Japanese consortium led by JIP that would have won the status of “preferred candidate”.
EU leaders are meeting in Brussels on Thursday to discuss two crucial issues: the EU’s industrial policy in the face of US and Chinese competition, and the management of migration at the EU’s borders.
The underwater explosions of the Nord Stream 1 and 2 gas pipelines last year raised questions about who was responsible. While the accusations are directed at Russia, an article by the famous American investigative journalist Seymour Hersh accuses the United States and Norway of being behind the sabotage.
Today, Global Bioenergies focuses on the production of isobutene for the cosmetics industry and for sustainable aviation fuels. The start-up aims to open a new plant in 2025 to produce 2,000 tonnes a year, and to finance a site dedicated to sustainable aviation fuels by 2028.
Manufacturer Legrand has achieved an excellent result in 2022, thanks to the growing need for decarbonization and electrification. The share of energy-efficient products in the group’s sales is steadily increasing, reflecting growing environmental concerns.
After years of dissension, Australia and China seem to be on the verge of a more positive relationship. The first coal shipment en route to China in over two years is an encouraging sign of warming trade ties between the two Pacific powers. This event represents an important step in stabilizing relations between Australia and China.
Repsol continues to be committed to the development of renewable energies through its operational PI project and the alliance recently formed with EIP, Crédit Agricole Assurances and Ibereólica Renovables. In 2025, Repsol could provide the necessary power for 800,000 homes through existing renewable activities.
A partnership to create a green hydrogen giant between Adani and TotalEnergies has been put on hold following accusations of accounting fraud against the Indian conglomerate. Adani commissioned an audit mission to investigate the accounting situation of the Indian group before the contract was signed.
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