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Emera Reports 2024 First Quarter Financial Results
Today Emera (TSX: EMA) reported 2024 first quarter financial results. Summary “While weather and an unusually strong prior-year quarter contributed to lower comparative adjusted earnings for the quarter, our core utilities remain on track to deliver solid earnings results for…
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China Tested New Freight Train with Heaviest Load Capacity on the Shuohuang Railway
On April 20, the heavy-haul freight train No. 55066, with load capacity exceeding 30,000 tonnes, safely arrived at the Huanghua Port Station of the Shuohuang Railway in Hebei Province, marking the success of its trial run, setting new records for…
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Norway: First oil production on Eldfisk North
TotalEnergies announces successful first oil production on the Eldfisk North Project, located in the Greater Ekofisk Area in the North Sea. The Eldfisk North Project is located in PL018, and the licensees are TotalEnergies EP Norge AS (39.896%), ConocoPhillips Skandinavia…
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TotalEnergies and Sinopec Strengthen Cooperation
On the occasion of the state visit to France by the President of the People’s Republic of China, TotalEnergies, represented by Patrick Pouyanné, Chairman and CEO, and China Petroleum and Chemical Corporation (“SINOPEC”), represented by Ma Yongsheng, Chairman, signed a…
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ExxonMobil elects Maria Jelescu Dreyfus to Board of Directors
Exxon Mobil Corporation (NYSE: XOM) announced today that Maria Jelescu Dreyfus has joined its board of directors, effective May 3, 2024. Ms. Dreyfus is CEO and founder of Ardinall Investment Management, an investment firm focused on sustainable investing and resilient…
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Aramco announces first quarter 2024 results
Q1 net income remains robust as Company progresses its growth strategy Commenting on the results, Aramco President & CEO Amin H. Nasser said: “Our first-quarter performance reflects the resilience and strength of Aramco, reinforcing our position as a leading supplier…
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NextEra Energy announces organizational changes
NextEra Energy, Inc. (NYSE: NEE) today announced that Kirk Crews is appointed to the role of executive vice president and chief risk officer, NextEra Energy. Mr. Crews will be succeeded in his present role by Brian Bolster, who is appointed executive vice president,…
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Duke Energy Florida receives approval to lower rates for a second time this year
Duke Energy’s Florida customers will see lower electric bills following the Florida Public Service Commission’s approval of the company’s request to reduce fuel charges on customer bills. As of result, a typical residential 1,000-kWh monthly customer bill will be reduced…
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Duke Energy reports first-quarter 2024 financial results
Duke Energy (NYSE: DUK) has posted its first-quarter 2024 financial results in a news release available on the company’s website at the following link: duke-energy.com Lynn Good, chair and chief executive officer, Harry Sideris, president, and Brian Savoy, executive vice president…
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Earnings Release Q2 FY 2024: Siemens Energy benefits from positive market environment and delivers another solid quarter. Adjusted outlook reflects stronger growth and positive cash development.
Christian Bruch, President and CEO of Siemens Energy AG: “Our strong development in the second quarter underscores the continued strong demand for our technology to power the energy transition and our success in stabilizing the wind business. We have raised our outlook…
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German businesses are taking a clear stand for diversity, openness and tolerance
“We stand for values” is the name under which more than 30 leading and distinguished German companies have joined forces to form an alliance for diversity, openness and tolerance. It includes numerous DAX companies, family-owned businesses, German SMEs and start-ups.…
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Southern Company announces upsize and pricing of $1.3 billion in aggregate principal amount of Series 2024A 4.50% Convertible Senior Notes due June 15, 2027
Southern Company (NYSE: SO) today announced the pricing of $1.3 billion in aggregate principal amount of its Series 2024A 4.50% Convertible Senior Notes due June 15, 2027 (the “Convertible Notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the…