Latest news
E.ON: sharp profit drop on nuclear exit and lower gas earnings
E.ON AG, the biggest German utility, is facing sharp profit drops following a phase out of nuclear energy and a decline in wholesale gas prices.
read more... 06/12/2011
Total and Eni Q2 profits hit by weaker US dollar and Lybian disruptions
The French and Italian oil giants, Total SA and Eni SpA reported on Friday lower quaterly earnings, despite higher prices for oil, blaming unfavourable exchange rates, a dollar weakness and production losses following war disruptions in Libya which closed some oil fields.
read more... 01/08/2011
RWE grew less than expected.
German group RWE could make some cutbacks, after registering nine-month earnings bellow expected levels, due to decreasing profit in Britain and lower gains from its renewable and energy trading businesses.
read more... 12/11/2010
Statoil delayed its planned output increase by 2012.
Norway's Statoil decreased its 2010 oil and gas production target on Wednesday, after heavy maintenance work in the third quarter that affected its earnings and casted doubt on its plans to increase the output to 14% by 2012.
read more... 04/11/2010
Gas Natural nine months earnings are the same as expected.
Spanish gas and power group, Gas Natural, reported nine months results on Wednesday, as better activity of its Union Fenosa company.
read more... 04/11/2010