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.

Uniper no longer needs capital support from the German state, as it announced a return to profit in the first quarter, despite the deconsolidation of its subsidiary Unipro in Russia.

Engie rejected a shareholder resolution calling for a better assessment of its climate strategy, but it still received the support of a quarter of the voters at the gas group's annual general meeting.

Nexans sees its sales fall slightly in the first quarter of 2023 due to the decline in aluminum and copper prices. The group is refocusing on electrification by progressively abandoning its telephone and data cable activities.

The chemical industry in France has seen its production fall by 3.3% in 2022 due to the energy crisis and expects a difficult 2023 due to the increased competitiveness deficit with the United States.

European offshore renewable energy companies have called for increased political and financial support to meet the rapid green energy development targets set by governments.

IFC and Voltalia have signed a mandate to finance the Dwangwa solar power and storage project in Malawi. This initiative represents an important step for the development of renewable energy in the country and will improve the local economy while contributing to the global environment.

The Salzgitter Group is committed to the transformation of German industry towards greener production by sourcing renewable energy from the "Baltic Eagle" wind farm in partnership with Iberdrola, a Spanish energy producer. This collaboration will enable Salzgitter to produce virtually carbon-neutral steel.

Oilfield services giant SLB (formerly Schlumberger) sees net profit rise 83% in the first quarter of 2023 on the back of high oil prices and a recovery in investment by major oil companies, showing optimism for the current year.

Norway's sovereign wealth fund, the world's largest, returned 5.9% in the first quarter of 2023, generating a gain of 76.5 billion euros thanks to rising stock markets.

The European steel industry must cope with declining production, rising energy prices and increased competition while reducing its carbon footprint and meeting the steel needs created by the energy transition.

Reliance Industries reports a 19.1% increase in net income for the first quarter of the year, exceeding financial analysts' expectations, thanks to strong growth in energy and distribution.

Volkswagen will receive up to C$13.2 billion from the Canadian government to build its first electric battery plant outside Europe. Construction of the plant will begin next year for production in 2027.

Edison Energia, a company of the Edison Group, consolidates its position in the national electricity and natural gas market by reaching 2 million contracts, covering the residential, SME and industrial sectors. Through its strategic development plan for 2030, the company aims to double this number.

OEG Offshore has announced the acquisition of Pelagian Ltd, a UK company specializing in the provision of consultancy, engineering and installation management services to the subsea cable and offshore renewable energy industry. This acquisition strengthens OEG's position in the cable sector

EDF reacted with humor to an unfounded claim by the rapper Gims, according to which the Egyptians had electricity since antiquity thanks to the pyramids. In an advertisement in Le Parisien, EDF declared: "EDF, official supplier to the Pharaohs since 2000 BC". In 2017 EDF had launched a campaign, "We owe you more than light"...

Solarpack, the solar energy company, has successfully raised MYR 285 million to finance the construction of its factory through an ASEAN Green SRI Sukuk Wakalah issue. This transaction marks Solarpack's first green project bond issue.

Getlink recorded a strong increase in revenues in the first quarter of 2023, thanks in particular to its traditional activities and the new cross-Channel power cable ElecLink. They confirm their objective of Ebitda of more than 910 million euros for the full year 2023.