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Naturgy to plough $16.5 bln into renewables, networks by 2025

Spanish power group Naturgy said on Wednesday it plans to invest 14 billion euros ($16.54 billion) mostly to ramp up its renewable generation capacity and transform power and gas networks to boost core earnings around 30% by 2025.

read more... 29/07/2021

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French power group EDF sees 2020 earnings at lower end of forecasts

French state-controlled power group EDF said on Monday it now expected its 2020 core earnings to be at the lower end of forecasts, as it deals with the impact of the coronavirus outbreak.

read more... 23/03/2020

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ExxonMobil pledges ‘improvements’ in emissions performance

Exxon Mobil Corp. signage is reflected in a puddle at a gas station in Nashport, Ohio, U.S., on Friday, Jan. 26, 2018. Exxon Mobil Corp. is scheduled to release earnings figures on February 2.

read more... 24/05/2018

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Russia: Q2 net income of Gazprom falls by 80% year-on-year, forecast missed

Russia’s Gazprom declared recently that the net income for the second quarter fell lower than expected compared to the same period of 2016, or by over 80% to 48 billion roubles ($817.3 million), because of losses related to foreign exchange rates. The forecasted amount earnings for second quarter was 50.2 billion roubles.

read more... 30/08/2017

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Norway government wins court appeal over lowered gas pipeline tariffs

A lawsuit brought by Solveig Gas, Silex Gas, Njord Gas Infrastructure and Infragas against the Norwegian government was ruled in favour of the government. The plaintiffs argued that Norway’s cut in gas pipeline tariff would cost them 15 billion Norwegian crowns ($1.8 billion) in lost earnings through 2028, which was illegal.

read more... 03/07/2017

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