Second quarter GAAP diluted earnings per share were $0.60 in 2022 compared with $0.58 in 2021. Xcel Energy reaffirms 2022 EPS earnings guidance range of $3.10 to $3.20. MINNEAPOLISMINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy Inc. (NASDAQ: XEL) today ...
INEOS and SINOPEC have today signed three back-to-back deals worth a combined value of $7bn. These landmark agreements are expected to generate a combined turnover of around $10bn from 7 million tonnes of capacity. The three agreements will significantly reshape INEOS’ petrochemicals production and technology...
Iberdrola and bp today announced their intention to form a strategic collaboration aiming to help accelerate the energy transition. Together, the companies intend to collaborate to significantly expand fast EV public charging infrastructure to support the adoption of electric vehicles, as well as to develop...
Failure to store renewable energy fuels UK’s dependence on gas and wastes the power of half a million homes per day UK has wasted over 1,300 GWh of wind since the start of the energy crisis in September 2021 due to an inability to store excess...
ConnectDER will supply Siemens with a proprietary plug-in adapter for electric vehicle chargers. The new device will enable electric vehicle (EV) owners to charge EVs by connecting chargers directly through the meter socket, a convenient and efficient location available on every home. By bypassing a...
A new battery to help the world meet sustainable energy goals by 2030To meet IRENA’s ambitious target, the world needs 150 GW of battery storage. Now there are several means of renewable resources today. You’ve got solar, you’ve got wind and of course, you’ve got...
Eni has successfully drilled the Baleine East 1X well, the first exploration well in block CI-802 and second discovery on the Baleine structure, offshore Côte d’Ivoire. The excellent results have allowed to increase by around 25% the volumes of hydrocarbons in place of the Baleine...
Adjusted basic EPS of 11.0p (2021: 1.7p); 10.2p excluding Spirit Energy disposed assets.Strong Upstream volumes against a backdrop of higher commodity prices.Increased commodity volatility handled well in Energy Marketing & Trading.Statutory basic EPS loss of 14.7p (2021: profit of 23.2p) includes a £1.9bn loss on...
Abu Dhabi National Oil Company (ADNOC) announced the award of two substantial contracts totaling $2 billion (AED 7.49 billion) to ADNOC Drilling for the Hail and Ghasha Development Project. The contracts comprise $1.3 billion (AED 4.89 billion) for integrated drilling services and fluids, and $711...
Libya to load oil for export, ending a force majeure on key oilfields and ports that had been in place since April. Libya now expects to double crude output to 1.2 million bpd Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd. (MHIEC), a part of...
Ampt’s Patented Optimizer Technology Plays a Key Role in the Lower Cost and Higher Performing DC-coupled Energy Storage Solution FORT COLLINS, Colo.--(BUSINESS WIRE)--Ampt, the world’s #1 DC optimizer company for large-scale photovoltaic (PV) systems,...
TechnipFMC (NYSE: FTI) announced today that its Board of Directors has authorized a new share repurchase program under which the Company may repurchase up to $400 million of its outstanding ordinary shares. The program represents 14 percent of the Company's outstanding shares at yesterday’s closing...