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Schneider Electric reached revenue of 9.3 billion euros in the third quarter of 2024, a 5.9% increase, driven by energy management and digitalization solutions.
Schneider Electric reached revenue of 9.3 billion euros in the third quarter of 2024, a 5.9% increase, driven by energy management and digitalization solutions.
Japanese electricity giant JERA reports a 52% decrease in its net semi-annual profit, marked by delayed adjustments in fuel prices and losses in the U.S. market. Analysis of the challenges and strategies to stabilize its performance.
Japanese electricity giant JERA reports a 52% decrease in its net semi-annual profit, marked by delayed adjustments in fuel prices and losses in the U.S. market. Analysis of the challenges and strategies to stabilize its performance.
Hit by equipment failure and challenging economic conditions, U.S.-based Dow reports a decline in net profits for the third quarter, while revenues show slight growth.
Hit by equipment failure and challenging economic conditions, U.S.-based Dow reports a decline in net profits for the third quarter, while revenues show slight growth.
Eni's Profit Drops 73%: The Group Weakened by Falling Oil Prices
Eni's Profit Drops 73%: The Group Weakened by Falling Oil Prices
Equinor announces a decline in its quarterly profits and adjusts its investment strategy in renewable energy, impacted by delays in the Dogger Bank project.
Equinor announces a decline in its quarterly profits and adjusts its investment strategy in renewable energy, impacted by delays in the Dogger Bank project.
Eramet pauses its electric vehicle battery recycling project in northern France, citing supply difficulties and insufficient market demand in Europe, despite its partner Suez continuing in this area.
Eramet pauses its electric vehicle battery recycling project in northern France, citing supply difficulties and insufficient market demand in Europe, despite its partner Suez continuing in this area.
Baker Hughes recorded revenues of $6.9 billion in Q3 2024, with a 23% increase in adjusted EBITDA and a net income of $766 million, confirming the strength of its performance in an uncertain economic environment.
Baker Hughes recorded revenues of $6.9 billion in Q3 2024, with a 23% increase in adjusted EBITDA and a net income of $766 million, confirming the strength of its performance in an uncertain economic environment.
Air Liquide maintained its profit forecasts for 2024, despite a 0.7% drop in third-quarter revenue due to a negative exchange rate impact and lower energy prices.
Air Liquide maintained its profit forecasts for 2024, despite a 0.7% drop in third-quarter revenue due to a negative exchange rate impact and lower energy prices.
Iberdrola posted a 19% increase in its net profit for the third quarter of 2024, reaching €1.34 billion, despite a decline in electricity production, except in renewable energies.
Iberdrola posted a 19% increase in its net profit for the third quarter of 2024, reaching €1.34 billion, despite a decline in electricity production, except in renewable energies.
Octopus Energy has launched "Project Mercury" in London to establish technical standards for integrating smart energy devices globally.
Octopus Energy has launched "Project Mercury" in London to establish technical standards for integrating smart energy devices globally.
Getlink reports stable Q3 revenue despite a significant decline linked to the suspended ElecLink activity. The company relies on its traditional services to offset losses.
Getlink reports stable Q3 revenue despite a significant decline linked to the suspended ElecLink activity. The company relies on its traditional services to offset losses.
The CEO of TotalEnergies, Patrick Pouyanné, calls for a balanced energy transition, criticizing alarmist approaches and emphasizing the need to reconcile economic development with investment in decarbonized energies.
The CEO of TotalEnergies, Patrick Pouyanné, calls for a balanced energy transition, criticizing alarmist approaches and emphasizing the need to reconcile economic development with investment in decarbonized energies.
The attempted merger between EDP and SSE, aimed at creating a utility giant in Europe, did not come to fruition. This failure reveals crucial strategic issues and influences the European energy landscape in the midst of a transition towards renewables.
The attempted merger between EDP and SSE, aimed at creating a utility giant in Europe, did not come to fruition. This failure reveals crucial strategic issues and influences the European energy landscape in the midst of a transition towards renewables.
ADES has obtained 10-year contract renewals from Saudi Aramco for two onshore rigs in Saudi Arabia, strengthening its position in the Middle Eastern energy market.
ADES has obtained 10-year contract renewals from Saudi Aramco for two onshore rigs in Saudi Arabia, strengthening its position in the Middle Eastern energy market.
Ecopetrol S.A. makes an early repayment of USD 500 million on an international loan, strengthening its financial position and reducing long-term interest expenses.
Ecopetrol S.A. makes an early repayment of USD 500 million on an international loan, strengthening its financial position and reducing long-term interest expenses.
Fortum, a major player in the Finnish energy sector, is confronting a surge of cyberattacks and suspicious surveillance activities around its facilities in Finland and Sweden, likely orchestrated by Russian actors, heightening geopolitical tensions in the region.
Fortum, a major player in the Finnish energy sector, is confronting a surge of cyberattacks and suspicious surveillance activities around its facilities in Finland and Sweden, likely orchestrated by Russian actors, heightening geopolitical tensions in the region.
Orlen is facing significant cost overruns and governance issues in its Olefins III project, threatening its financial stability and position in the European petrochemical market.
Orlen is facing significant cost overruns and governance issues in its Olefins III project, threatening its financial stability and position in the European petrochemical market.
Chevron Canada Limited and Chevron Canada Oil Sands Partnership have entered into a definitive agreement to sell their interests in the Athabasca Oil Sands Project and Duvernay shale to Canadian Natural Resources Limited for $6.5 billion.
Chevron Canada Limited and Chevron Canada Oil Sands Partnership have entered into a definitive agreement to sell their interests in the Athabasca Oil Sands Project and Duvernay shale to Canadian Natural Resources Limited for $6.5 billion.
Getlink temporarily suspends the activity of ElecLink, its cross-channel electric cable connecting France to the United Kingdom, due to a structural defect. The group estimates that this suspension will result in a commercial impact of 46 million euros.
Getlink temporarily suspends the activity of ElecLink, its cross-channel electric cable connecting France to the United Kingdom, due to a structural defect. The group estimates that this suspension will result in a commercial impact of 46 million euros.
Qatar Electricity and Water Company partners with KAHRAMAA to develop a 500 MW peak power plant in Ras Abu Fontas. The project aims to meet Qatar’s growing energy needs while strengthening the local infrastructure.
Qatar Electricity and Water Company partners with KAHRAMAA to develop a 500 MW peak power plant in Ras Abu Fontas. The project aims to meet Qatar’s growing energy needs while strengthening the local infrastructure.
TotalEnergies announces its intention to establish a dual listing in New York, supported unanimously by its board of directors, while maintaining its presence on the Paris stock market.
TotalEnergies announces its intention to establish a dual listing in New York, supported unanimously by its board of directors, while maintaining its presence on the Paris stock market.
TPG, through its TPG Rise Climate fund, acquires the German company Techem for €6.7 billion from Partners Group. This transaction reflects the American fund’s commitment to strengthening its presence in energy efficiency solutions within the real estate sector.
TPG, through its TPG Rise Climate fund, acquires the German company Techem for €6.7 billion from Partners Group. This transaction reflects the American fund’s commitment to strengthening its presence in energy efficiency solutions within the real estate sector.
Masdar, owned by the Abu Dhabi National Oil Company (ADNOC), the sovereign wealth fund Mubadala Investment Company, and energy company TAQA, is actively expanding its presence in the renewable energy sector across Europe. The group recently acquired the Spanish firm Saeta Yield from Brookfield Renewable for $1.4 billion. This transaction includes 745 MW of operational wind and solar assets spread across Spain and Portugal, as well as a 1.6 GW development pipeline scheduled for commissioning by 2030.
Masdar, owned by the Abu Dhabi National Oil Company (ADNOC), the sovereign wealth fund Mubadala Investment Company, and energy company TAQA, is actively expanding its presence in the renewable energy sector across Europe. The group recently acquired the Spanish firm Saeta Yield from Brookfield Renewable for $1.4 billion. This transaction includes 745 MW of operational wind and solar assets spread across Spain and Portugal, as well as a 1.6 GW development pipeline scheduled for commissioning by 2030.
Eni is in advanced discussions with KKR to sell 20% of its biofuels subsidiary Enilive. Other investors, such as Stonepeak, are showing an interest in a new stake.
Eni is in advanced discussions with KKR to sell 20% of its biofuels subsidiary Enilive. Other investors, such as Stonepeak, are showing an interest in a new stake.
Vertex Energy, a major player in the biofuels sector, is declaring bankruptcy and looking for a buyer. This situation illustrates the challenges faced by renewable diesel producers in a market dependent on subsidies.
Vertex Energy, a major player in the biofuels sector, is declaring bankruptcy and looking for a buyer. This situation illustrates the challenges faced by renewable diesel producers in a market dependent on subsidies.
JetBlue and Aether Fuels sign agreement to produce sustainable aviation fuel from waste. The collaboration aims to accelerate the decarbonization of the aviation sector.
JetBlue and Aether Fuels sign agreement to produce sustainable aviation fuel from waste. The collaboration aims to accelerate the decarbonization of the aviation sector.

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