Latest News for: Energy groupe

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Shell doubled its profits to record $38bn last year

The Times/The Sunday Times 28 Jan 2023
The energy giant will deliver its results for the final quarter next week, shortly after Chevron reported record profits of $35.5 billion ... “The elephant in the room for Wael, and whether he is successful or not in our view, is the company’s approach to the energy transition ... The group has also been hit by the upheaval in domestic energy markets.
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Greenko to be title partner for Formula E to be held in Hyderabad

Deccan Chronicle 28 Jan 2023
Its core values aligned with the mission of the ABB FIA Formula E of accelerating towards a clean energy future, the statement said. Anil Chalamalasetty, founder of Greenko Group and Ace Group, said, "We are committed to combat climate change and lead the way for global decarbonisation.".
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House GOP again seeks limits on use of U.S. oil stockpile

Arkansas Democrat-Gazette 28 Jan 2023
Even before the vote, White House press secretary Karine Jean-Pierre attacked the latest GOP proposal, which follows a bill approved two weeks ago that would prohibit the Energy Department from selling oil from the strategic reserve to companies owned or influenced by the Chinese Communist Party ... Conservative and industry groups support the bill.
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EU cap on gas prices leads to ICE planning London market

The Times/The Sunday Times 28 Jan 2023
An American group behind the main European gas trading market plans to launch a parallel one in London in case the EU gas price cap affects business on its Amsterdam exchange ... The group said yesterday that it would continue to operate the market on its Amsterdam exchange.
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UK ‘lags behind in international race’ on clean energy

The Times/The Sunday Times 28 Jan 2023
Generous subsidies on offer in the US have made it a more attractive destination for investment and, with the EU planning its own incentives, Britain is lagging behind, energy groups told The Times. Energy UK, the industry body, SSE, the FTSE 100 energy group, and trade bodies for ...
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The rout in Adani Group shares after a short-seller report calls for more scrutiny and transparency

Indian Express 28 Jan 2023
A report in this paper had pointed out that even as private mutual funds have shied away from investing in the group's firms, Life Insurance Corporation had been steadily increasing its shareholding in its companies, principally Adani Enterprises, Adani Total Gas, Adani Green Energy, Adani Transmission and Adani Ports.
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House GOP seeks restrictions on use of US oil stockpile

TDT News 28 Jan 2023
It follows a bill approved two weeks ago that would prohibit the Energy Department from selling oil from the strategic reserve to companies owned or influenced by the Chinese Communist Party ... The best way to do this is by unleashing American energy,” which her legislation helps accomplish, added McMorris Rodgers, of Washington state.
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House GOP seeks new restrictions on use of US oil stockpile

Lockport Union-Sun 28 Jan 2023
Even before the vote, White House press secretary Karine Jean-Pierre attacked the latest GOP proposal, which follows a bill approved two weeks ago that would prohibit the Energy Department from selling oil from the strategic reserve to companies owned or influenced by the Chinese Communist Party ... Conservative and industry groups support the bill.
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In Hindenburg vs Adani clash, will banks emerge as biggest casualty?

The Times of India 28 Jan 2023
Among the several allegations made by Nathan Anderson’s Hindenburg Research against billionaire Gautam Adani’s group, one risk that raised Dalal Street’s eyebrows was the swelling balance sheet of some of the companies ... According to the American research firm, 4 of the group companies – Adani Green Energy.
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‘Not yet in panic mode but watchful’, top banks respond to Hindenburg on Adani

Live Mint 28 Jan 2023
... Group comprises the flagship Adani Enterprises Ltd, as well as Adani Ports and Special Economic Zone Ltd, Adani Power Ltd, Adani Green Energy Ltd and Adani Transmission Ltd.According to Jefferies, the group's debt accounts for 0.5% of total loans across the Indian banking sector.
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Report: Money, resources at stake in wind energy transmission planning

Gloucester Times 28 Jan 2023
offshore wind power in the coming decades would lead to $20 billion in cost savings and far less disruption to shorelines and seabeds, according to a report commissioned by clean energy interests and released Tuesday. The Brattle Group report estimated that planning could result ...
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Political attention turns to Govt as cost-of-living supports set to expire

RTE 28 Jan 2023
Soaring energy bills have been eased by €600 of electricity credits announced in the Budget ... This means energy ... VAT cut for energy bills ... And business groups are already calling for the extension of the Temporary Business Energy Support Scheme (TBESS) which helps with energy bills.
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Department of Atomic Energy to recruit Group A posts, details here

Hindustan Times 28 Jan 2023
Department of Atomic Energy has invited applications from candidates to apply for Group A posts. Eligible candidates can apply online through the official site of Department of Atomic Energy at barc.gov.in ... These exams are conducted by BARC. Selection Process ... ....
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Adani stocks fall for second straight day, bonds too hit

The Times of India 28 Jan 2023
The sell-off in Adani stocks, triggered by US activist short seller Hindenburg Research's adverse report on the group, extended to the second straight day with the conglomerate's total market value eroding ₹3.22 lakh crore on Friday after shedding ₹96,000 crore on Wednesday ... Group's value of ₹15.95 lakh crore ... , Adani Energy, and Adani Transmission.
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U.K. Treasury chief opposes tax cuts

Arkansas Democrat-Gazette 28 Jan 2023
The U.K.'s annual inflation rate hit a four-decade high of 11.1% in October, fueling a cost-of-living crisis and a wave of strikes by workers seeking pay raises to keep pace with rising food and energy prices ... Business groups welcomed the tone of Hunt's speech but said it lacked specifics.

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