AMSTERDAM, Feb 23 (Reuters) – Core profits at the Port of Rotterdam rose 6.1% last year despite a slight decline in cargo turnover, it said on Thursday as Russian coal, LNG and oil were replaced by other energy sources. Europe’s largest port said throughput fell 0.3% to 467.4 million tons, but earnings before interest, taxes, … Read more
LITTLETON, Colorado, Feb 23 (Reuters) – This week’s rise in European carbon prices to above 100 euros ($107) a tonne sends an ominous signal to European manufacturers and heavy industry, who have so far been holding back. emission reduction. EU carbon prices According to the latest available data from the European Environment Agency (EEA) for … Read more
HANOI, Feb 23 (Reuters) – European manufacturers are considering investing hundreds of millions of dollars in Vietnam to build wind turbines, people familiar with the situation said as the country prepares to capitalize on its huge untapped offshore wind power potential. The Southeast Asian country is seen as a potential major player in the sector … Read more
February 23. A year after Russia invaded Ukraine and led to commodity market turmoil, it is clear that the main takeaway is that markets are surprisingly resilient and adapt quickly to changing circumstances. While the prices of commodities such as crude oil, liquefied natural gas (LNG) and coal initially skyrocketed as a result of the … Read more
February 23. A year after Russia invaded Ukraine and led to commodity market turmoil, it is clear that the main takeaway is that markets are surprisingly resilient and adapt quickly to changing circumstances. While the prices of commodities such as crude oil, liquefied natural gas (LNG) and coal initially skyrocketed as a result of the … Read more
February 23. A year after Russia invaded Ukraine and led to commodity market turmoil, it is clear that the main takeaway is that markets are surprisingly resilient and adapt quickly to changing circumstances. While the prices of commodities such as crude oil, liquefied natural gas (LNG) and coal initially skyrocketed as a result of the … Read more
JOHANNESBURG, Feb 22 (Reuters) – André de Ruyter, chief executive of South African state-owned energy company Eskom, will leave the company immediately, Eskom said on Wednesday. Eskom said in a statement that the decision was made after a special meeting between the company’s board and de Ruyter. “The board … has decided that … he … Read more
WASHINGTON, Feb 22 (Reuters) – The United States on Wednesday proposed its first sale of rights to develop offshore wind power in the Gulf of Mexico, which will help the Biden administration reach its goal of deploying 30 gigawatts of wind power by the end of the decade. The Department of the Interior published an … Read more
BERLIN, Feb 22 (Reuters) – Germany is unlikely to face gas shortages this winter and should stop converting floating liquefied natural gas (LNG) terminals to fixed terminals, according to a study by the economics institute DIW published by Reuters. Wednesday. In the most likely scenario, Germany will have sufficient stocks of around 87 billion cubic … Read more
Feb 22 (Reuters) – Australian gas producer Santos Ltd. (STO.AX) said on Wednesday its full-year underlying profit more than doubled thanks to an increase in its liquefied natural gas (LNG) portfolio following its merger with Oil Search and a sharp rise in oil and gas prices. Energy companies around the world are seeing their profits … Read more