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
Interim dividend of AUD 46 per share HY Profit Rises On Strong Sales, Beating Expectations Cost inflation higher than recent history Shares up 2% SYDNEY, 22 Feb. (Reuters) – Australia’s largest grocer Woolworths Group Ltd. (WOW.AX) said the inflation-driven ditching of eating out helped boost sales, boosting the company’s stock after its half-year earnings beat … Read more
Interim dividend of AUD 46 per share HY Profit Rises On Strong Sales, Beating Expectations Cost inflation higher than recent history Shares up 2% SYDNEY, 22 Feb. (Reuters) – Australia’s largest grocer Woolworths Group Ltd. (WOW.AX) said the inflation-driven ditching of eating out helped boost sales, boosting the company’s stock after its half-year earnings beat … Read more
Feb 22 (Reuters) – Australia’s Origin Energy Ltd. (ORG.AX) said on Wednesday that the Brookfield-led consortium cut its takeover bid from A9 to A$8.90 per share, valuing the company at A$15.33 billion ($10.50 billion). The previous offer was submitted in November at a higher Origin price of A$15.5 billion. The parties did not specify the … Read more
Feb 22 (Reuters) – Australia’s Origin Energy Ltd. (ORG.AX) said on Wednesday that the Brookfield-led consortium cut its takeover bid from A9 to A$8.90 per share, valuing the company at A$15.33 billion ($10.50 billion). The previous offer was submitted in November at a higher Origin price of A$15.5 billion. The parties did not specify the … Read more
FRANKFURT, Feb 21 (Reuters) – Germany has identified three key measures, including financial support to develop energy transition technologies while boosting clean energy production and transmission, Economics Minister Robert Habeck said on Tuesday. “We have to strengthen the renewable energy production capacity in Germany and Europe,” he said at a press conference. Habek said the … Read more
SINGAPORE, Feb 21 (Reuters) – Chinese utilities and traders increased purchases of Australian coal in February, encouraged by signs of further policy easing after a partial resumption of trade last month after a two-year hiatus. In early January, Beijing gave permission to four state-backed firms, including steel giant Baowu Group and three state-owned utilities, to … Read more
The agreement provides for the supply of green ammonia to Rotterdam Dutch minister says Spain and Portugal are needed as hydrogen suppliers Port of Rotterdam plans to produce 4.6 megatons of hydrogen by 2030 MADRID, Feb 20 (Reuters) – Spain’s Cepsa on Monday signed an agreement with three Dutch companies to supply green ammonia to … Read more
The fall in LNG imports hit the energy supply Power supply problems to worsen in 2023 Weak currencies of Pakistan and Bangladesh undermined import opportunities Curbs and power outages hurt malls and manufacturers LAHORE, Pakistan/DAKA, 20 Feb. (Reuters) – With just over a month left before the peak shopping season during Ramadan, the head of … Read more
LANSING, MI, Feb 18 (Reuters) – Republicans in Michigan on Saturday selected Trump supporter Cristina Karamo as their next state chair, elevating the election denier to a critical leadership role in a sign of the growing influence of far-right and grassroots members over the party in a battlefield state. Karamo’s election could make it harder … Read more