Technip Energies announces encouraging financial results despite the exit of a Russian project. The company is betting on green hydrogen and creating a joint venture with John Cockerill to become a single-source provider of competitive green hydrogen solutions. This initiative aims to accelerate the global energy transition.

Veolia recorded a 20% increase in revenue in the first quarter of 2023 compared with the previous year, driven by the sharp rise in energy prices. The energy sector represents 23% of the group's activity, followed by recycling (35%) and water management (42%).

EDP recorded a net profit of 306 million euros in 1Q 2023, thanks to the normalization of hydroelectric production in Portugal. EDP Renovaveis, EDP's renewable energy subsidiary, reported a profit of 65 million euros in the first three months of the year.

Engie wins a victory against the European Commission in a dispute over controversial tax benefits granted in Luxembourg. The CJEU is expected to issue a ruling at a later date following the Advocate General's proposal to annul the European Commission's decision.

Legrand is maintaining its annual targets after a 9% increase in sales and 28% increase in net profit in the first quarter, thanks in particular to its flagship products related to energy efficiency, IT data centers and connected products.

Enel saw its net profit fall 27.7% to 1.03 billion euros in 1Q due to lower electricity and gas prices, but the CEO confirmed targets for 2023 despite the proposal of the right-wing and far-right coalition to replace Francesco Starace.

CGG, the French parapetroleum group, narrowed its net loss in the first quarter of 2023 to $16 million as a strong start to the year boosted revenues, but operating profit fell 40%.

TotalEnergies, the French oil major, is preparing for a climate debate with some of its shareholders at its general meeting on May 26. An advisory resolution on the group's indirect CO2 emissions, proposed by the activist shareholder organization Follow This, was included in the agenda of the AGM.

BP posted a net profit of more than $8 billion in Q1, compared with a loss of $20.4 billion a year earlier, thanks to the end of its operations in Russia. BP expects oil and gas production to decline in Q2 and anticipates lower refining margins than in the first quarter.

The Paris Court of Appeal has rejected the appeal of EDF's small shareholders, allowing the total renationalization of the energy company to spare EDF from the constraints of the stock market and to relaunch nuclear power more quickly.

In the first quarter of the year, EDF recorded a 34.6% increase in revenues compared to the same period last year, despite a drop in its nuclear production. High energy market prices and the acquisition of new residential customers in France contributed to this growth.

Enel is expected to sell about 50% of its Greek renewable energy subsidiary, Enel Green Power Hellas, to Macquarie by May, as part of its strategy to reduce debt and streamline international operations.

The Council of State has rejected the request of Europe Ecologie les Verts and an association from Le Havre against the LNG terminal project in Le Havre. The "Cape Ann" vessel will thus be able to inject about 10% of the annual French gas consumption.

Repsol is buying out Sinopec's 49% share in their British joint venture for $2.1 billion. Repsol will thus become 100% owner of RSRUK and will put an end to an extensive arbitration procedure.

Sonnedix, a renewable energy producer, has inaugurated its 50 MW solar photovoltaic plant in Spain. The "Sonnedix Los Frailes" plant is capable of providing clean electricity to 36,500 homes and avoiding over 24,000 tons of CO2.

CWP Europe and Power China Resources have signed an agreement to build Serbia's largest wind power plant, Vetrozelena, with a planned installed capacity of 300 MW. This project represents one of the largest foreign direct investments in Serbia and will provide green electricity to more than 185,000 households.

Japan's Hitachi reported its financial results for fiscal year 2022/23, posting a slight increase in net income thanks to currency effects and gains on asset disposals. However, the group expects its results for the current fiscal year to decline as a result of these disposals.

Swiss commodity trading and mining giant Glencore is keeping its bid for a merger with Teck Resources despite the latter's withdrawal of its demerger plan. Teck Resources, one of Canada's largest mining groups, had twice rejected Glencore's offer, which valued the company at over $22.5 billion.

Air Liquide, the industrial gases producer, has announced a 4.2% increase in its first quarter revenue, with a significant contribution from the Gas and Services division. Investments in progress are also at a high level, while the group has signed a contract to secure 480 MW of renewable energy capacity.

Schneider Electric raised its annual profit and profitability targets for 2023, thanks to record sales and order book figures in the first quarter. Strong demand for the company's products and trends in electrification, digitalization and sustainability have driven its organic growth.

Repsol recorded a sharp drop in its first-quarter profit, due to lower oil prices and the diversification of its activities. The Spanish group has invested 1.72 billion euros and plans to invest more than five billion euros in 2023 in its ecological transition.

TotalEnergies confirms the launch of a capital increase reserved for employees and former employees for 2023. More than 65% of employees hold 7.4% of the Company's capital, making them the largest group of shareholders and having received 700 million euros in dividends by 2022.

TotalEnergies reports a 12% increase in net income in the first quarter of 2023, despite a decline in oil and gas prices, and the sale of its Canadian oil sands assets for $4.1 billion.

Corruption at Eskom, South Africa's state-owned power utility, is costing the country an average of $55 million a month, plunging the country into a serious energy crisis. The devastating consequences of corruption are affecting Eskom's ability to produce enough electricity to meet the needs of the population.

Teck Resources cancels its vote on splitting its operations into two companies, defeating takeover aspirations of Glencore, which had offered two rejected takeover bids, despite its willingness to make improvements.

Iberdrola recorded a 40% increase in net profit in the first quarter. This momentum should continue throughout the year, despite the exceptional tax on the profits of large energy companies introduced by Madrid at the beginning of the year.