Energy group Enel has announced an 86.8% increase in net profit, reaching 1.93 billion euros in the first quarter, beating forecasts despite falling electricity and gas prices. Operational activities and optimized financial management contributed to this success.
Energy group Enel has announced an 86.8% increase in net profit, reaching 1.93 billion euros in the first quarter, beating forecasts despite falling electricity and gas prices. Operational activities and optimized financial management contributed to this success.
British energy services group John Wood has turned down an unsolicited takeover offer of £1.4 billion, or over €1.6 billion. The bid, deemed too low by the Board of Directors, came from Dar Al-Handasah Consultants.
British energy services group John Wood has turned down an unsolicited takeover offer of £1.4 billion, or over €1.6 billion. The bid, deemed too low by the Board of Directors, came from Dar Al-Handasah Consultants.
Portuguese group Energias de Portugal (EDP) saw its first-quarter net profit rise by 17% to 354 million euros. This growth was driven by our Brazilian subsidiary, despite a slight drop in EBITDA.
Portuguese group Energias de Portugal (EDP) saw its first-quarter net profit rise by 17% to 354 million euros. This growth was driven by our Brazilian subsidiary, despite a slight drop in EBITDA.
Siemens Energy, buoyed by encouraging second-quarter results, announces an ambitious restructuring plan to turn around its troubled subsidiary Siemens Gamesa. The aim is to achieve significant growth by 2026.
Siemens Energy, buoyed by encouraging second-quarter results, announces an ambitious restructuring plan to turn around its troubled subsidiary Siemens Gamesa. The aim is to achieve significant growth by 2026.
NextEra Energy has announced new appointments to its management team, aimed at consolidating its strategic objectives against a backdrop of growing demand for renewable energy.
NextEra Energy has announced new appointments to its management team, aimed at consolidating its strategic objectives against a backdrop of growing demand for renewable energy.
Brookfield and Microsoft establish agreement to develop 10.5 gigawatts of renewable energy, targeting carbon neutrality of Microsoft's operations by 2030.
Brookfield and Microsoft establish agreement to develop 10.5 gigawatts of renewable energy, targeting carbon neutrality of Microsoft's operations by 2030.
OMV, the Austrian oil and gas group, reported a 20% increase in net profit for the first quarter of 2024, despite a notable drop in gas prices and overall demand.
OMV, the Austrian oil and gas group, reported a 20% increase in net profit for the first quarter of 2024, despite a notable drop in gas prices and overall demand.
ArcelorMittal, the world's second-largest steelmaker, reports a return to profit in the first quarter of 2024, despite persistent environmental and operational challenges.
ArcelorMittal, the world's second-largest steelmaker, reports a return to profit in the first quarter of 2024, despite persistent environmental and operational challenges.
Despite a historic order book, Vestas posted a loss of 75 million euros in the first quarter, reflecting the challenges facing the European wind energy sector.
Despite a historic order book, Vestas posted a loss of 75 million euros in the first quarter, reflecting the challenges facing the European wind energy sector.
Co-op is entering into a long-term partnership with ScottishPower Renewables to use solar power from Coldham Park, aiming to accelerate its transition to net zero.
Co-op is entering into a long-term partnership with ScottishPower Renewables to use solar power from Coldham Park, aiming to accelerate its transition to net zero.
Eni is merging its North Sea business with Ithaca Energy, majority-owned by Israeli group Delek, in a deal that will give Eni a 37.3% stake in a newly-formed "satellite" entity.
Eni is merging its North Sea business with Ithaca Energy, majority-owned by Israeli group Delek, in a deal that will give Eni a 37.3% stake in a newly-formed "satellite" entity.
Darren Woods, CEO of ExxonMobil, expressed a measured approach to the sale of the company's activities in France on Friday, stressing a careful search for a suitable buyer.
Darren Woods, CEO of ExxonMobil, expressed a measured approach to the sale of the company's activities in France on Friday, stressing a careful search for a suitable buyer.
Getlink announces a significant drop in revenues in Q1 2024, impacted by fluctuating electricity prices and increased competition in cross-Channel transport.
Getlink announces a significant drop in revenues in Q1 2024, impacted by fluctuating electricity prices and increased competition in cross-Channel transport.
French electrical equipment and industrial automation group Schneider Electric reported sales growth of 1.3% in the first quarter of 2024, reaching a record 8.6 billion euros.
French electrical equipment and industrial automation group Schneider Electric reported sales growth of 1.3% in the first quarter of 2024, reaching a record 8.6 billion euros.
Spanish energy group Repsol reports a 13% fall in first-quarter net profit, affected by declining gas prices and increased investment in renewable energies.
Spanish energy group Repsol reports a 13% fall in first-quarter net profit, affected by declining gas prices and increased investment in renewable energies.
Patrick Pouyanné, CEO of TotalEnergies, expressed the possibility of a primary listing on the New York Stock Exchange, reflecting a significant increase in the company's North American institutional shareholder base.
Patrick Pouyanné, CEO of TotalEnergies, expressed the possibility of a primary listing on the New York Stock Exchange, reflecting a significant increase in the company's North American institutional shareholder base.
