ENGIE announced today the signing of an on-site solar power contract with Faurecia, a major player in the global automotive industry and a FORVIA Group company. This new carbon-neutrality agreement follows a global partnership between ENGIE and Faurecia to support its energy transition objectives. This contract,...
Order intake, revenue, business profit, and free cash flow all exceeded FY2020 results and latest forecast issued in February Successful margin enhancement overcame downward pressure on profit from materials and logistics cost inflation as well as ...
OXFORD, England--(BUSINESS WIRE)--#AI--Salience Labs has raised a seed round of $11.5 million to develop an ultra high-speed multi-chip processor combining photonics and electronics to accelerate exponential advances in AI. The round was led by Cambrid...
New policy paper defines continent’s stance ahead of COP27 LAGOS, Nigeria--(BUSINESS WIRE)--With hopes for countering global warming pinned on progress at the upcoming COP27 UN Climate Change Conference in Egypt, a new report from the Africa Finance C...
Hertz and Shelby American announce a three-year custom car partnership, kicking off with exclusive 2022 Shelby edition Ford Mustangs. Beginning this summer, this special production run of history-making vehicles will be available for rent at select Hertz locations across the U.S. The collection includes Mustang Shelby...
ABUJA, Nigeria--(BUSINESS WIRE)--In response to economic challenges created by the global pandemic and the Russia-Ukraine conflict, Africa Finance Corporation (AFC) is launching a US$2billion facility to support recovery and resilience in Africa. AFC ...
Shell Overseas Investments B.V. and B.V. Dordtsche Petroleum Maatschappij – subsidiaries of Shell plc – have signed an agreement to sell Shell Neft LLC, which owns Shell’s retail and lubricants businesses in Russia, to PJSC LUKOIL. The deal includes 411 retail stations, mainly located in the...
Saudi Arabian Oil Company (“Aramco”) is exploring further collaboration with Thailand’s national oil company PTT, as it expands its downstream presence in Asia. The two companies signed a memorandum of understanding at a ceremony in Bangkok on May 11. The companies aim to strengthen cooperation across...
Lancashire , UK , based Greenarc Fuel Cards have introduced a new carbon offsetting service to their thousands of nationwide business fuel card users. This initiative supports Greenarc customers and other commercial fuel users to make a positive contribution to the environment by funding several...
Renault Group and Geely Auto, China’s largest privately-owned automotive group, have entered into a share subscription agreement and a joint venture agreement subsequent to a framework agreement signed in January 2022 between Renault Group and Geely Holding Group. On completion, Geely Automobile Holdings (0175.hk) via...
On 11 May 2022, the annual general meeting in Equinor ASA (OSE: EQNR, NYSE: EQNR) approved the annual report and accounts for Equinor ASA and the Equinor group for 2021, as proposed by the board of directors. The annual general meeting also approved an ordinary dividend...
Neptune Energy today announced its financial results for the three months ended 31 March 2022. Good operational performance, with production in line with guidance• Improvement in our process safety event rate, down to 0.62 per million hours worked.• Q1 production of 133.7 kboepd, in line with...