Energy


 EnBW expects 2023 core profit jump, accelerates coal exit

EnBW expects 2023 core profit jump, accelerates coal exit

March 27, 2023 07:09 PM AEDT | By Reuters

FRANKFURT (Reuters) - German utility EnBW expects its core profit to rise by as much as 58% in 2023 on the back of its energy networks, renewables and...

 Analysis-Iraq's ambition to match Saudi oil output is out of reach

Analysis-Iraq's ambition to match Saudi oil output is out of reach

March 27, 2023 07:08 PM AEDT | By Reuters

By Rowena Edwards, Maha El Dahan and Ahmed Rasheed LONDON (Reuters) - Iraq's oil output and capacity may peak following growth of around 25% over the...

 DNO Says Was Instructed To Temporarily Cease Deliveries Of Oil To Iraq-Turkey Pipeline For Export

DNO Says Was Instructed To Temporarily Cease Deliveries Of Oil To Ir...

March 27, 2023 04:46 PM AEDT | By Reuters

March 27 (Reuters) - DNO ASA: * REG-KURDISTAN OPERATIONS UPDATE * ANNOUNCED THAT IT HAS BEEN INSTRUCTED BY KURDISTAN REGIONAL GOVERNMENT TO TEMPORARIL...

 Berliners vote down referendum on tighter climate goals

Berliners vote down referendum on tighter climate goals

March 27, 2023 05:54 AM AEDT | By Reuters

(Recasts with outcome) By Riham Alkousaa BERLIN, March 26 (Reuters) - A referendum in Berlin on Sunday that would have bound the city to strive to be...

 Libya signs South Refinery contract with Honeywell

Libya signs South Refinery contract with Honeywell

March 27, 2023 03:08 AM AEDT | By Reuters

TRIPOLI (Reuters) - A subsidiary of Libya's state-owned National Oil Corp (NOC) said on Sunday it had signed a contract with U.S.-based Honeywell for...

 Berlin votes on tighter climate goals in test of Germans commitment to change

Berlin votes on tighter climate goals in test of Germans commitment...

March 26, 2023 06:02 PM AEDT | By Reuters

By Riham Alkousaa BERLIN (Reuters) - Berlin votes on Sunday on making the city climate neutral by 2030, in a binding referendum that will force the ne...

 German power grid firms list costs to meet zero-carbon targets

German power grid firms list costs to meet zero-carbon targets

March 25, 2023 12:07 AM AEDT | By Reuters

By Vera Eckert FRANKFURT (Reuters) - Boosting German power transmission lines to accommodate a shift to zero-carbon generation industry will require 1...

 Kremlin: important to identify object found next to Nord Stream pipeline

Kremlin: important to identify object found next to Nord Stream pipe...

March 24, 2023 08:45 PM AEDT | By Reuters

MOSCOW (Reuters) - The Kremlin on Friday said it was important to identify an object discovered next to one of the Nord Stream pipelines, and said the...

 Japan's Cosmo to allocate 30% of investment in green energy in next 3 years

Japan's Cosmo to allocate 30% of investment in green energy in next...

March 24, 2023 12:01 AM AEDT | By Reuters

TOKYO (Reuters) - Japan's third-biggest oil refiner, Cosmo Energy Holdings Co Ltd, will make an investment of 420 billion yen ($3.2 billion) in the ne...

 Norway's sovereign wealth fund acquires 16.6% stake in German offshore wind farm

Norway's sovereign wealth fund acquires 16.6% stake in German offsho...

March 23, 2023 08:34 PM AEDT | By Reuters

OSLO (Reuters) - Norway's $1.3 trillion sovereign wealth fund, one of the world's largest investors, said on Thursday it had agreed to buy a 16.6% sta...

 Hemmed-in: Asia diesel glut grows after Russia ban

Hemmed-in: Asia diesel glut grows after Russia ban

March 23, 2023 06:46 PM AEDT | By Reuters

By Trixie Sher Li Yap SINGAPORE (Reuters) - Asian gasoil stocks have risen sharply in recent weeks as regional refiners are stuck exporting to markets...

 DNO's Field In Peshkabir Crosses 100 Mln Barrels Milestone

DNO's Field In Peshkabir Crosses 100 Mln Barrels Milestone

March 23, 2023 05:30 PM AEDT | By Reuters

March 23 (Reuters) - Dno ASA: * PESHKABIR BARRELS PAST HUNDRED MILLION MILESTONE * PRODUCTION FROM ITS PESHKABIR FIELD IN KURDISTAN REGION OF IRAQ HAS...

 Teco 2030 Signs MoU For Up To 50MW Of Hydrogen Engines

Teco 2030 Signs MoU For Up To 50MW Of Hydrogen Engines

March 23, 2023 05:05 PM AEDT | By Reuters

March 23 (Reuters) - Teco 2030 ASA: * SIGNS MOU WITH UNDISCLOSED PARTY FOR UP TO 50MW OF HYDROGEN ENGINES * MOU OUTLINES 3-YEAR COOPERATION COMMITMENT...

 Japan's JERA to buy Belgium's top offshore wind company for $1.7 billion

Japan's JERA to buy Belgium's top offshore wind company for $1.7 bil...

March 22, 2023 07:42 PM AEDT | By Reuters

TOKYO (Reuters) - Japan's JERA, the country's top utility, has agreed to buy Belgium-based Parkwind offshore wind energy producer for 1.55 billion eur...

 National Drilling Posts FY Profit

National Drilling Posts FY Profit

March 22, 2023 07:11 PM AEDT | By Reuters

March 22 (Reuters) - NATIONAL DRILLING CO SAE: * NATIONAL DRILLING - FY NET PROFIT $4.8 MILLION VERSUS LOSS OF $2.1 MILLION YEAR AGO * NATIONAL DRILLI...

 Mongolian Mining Corp Reports FY Net Profit Attributable $59.2 Million

Mongolian Mining Corp Reports FY Net Profit Attributable $59.2 Milli...

March 21, 2023 09:07 PM AEDT | By Reuters

March 21 (Reuters) - Mongolian Mining Corp: * FY NET PROFIT ATTRIBUTABLE FOR YEAR $59.2 MILLION VERSUS LOSS $55.2 MILLION * TOTAL REVENUE OF $546.2 MI...

 Zimbabwe's new 300 MW coal-fired plant starts feeding into grid

Zimbabwe's new 300 MW coal-fired plant starts feeding into grid

March 21, 2023 07:01 PM AEDT | By Reuters

HARARE (Reuters) - Zimbabwe's new 300 megawatt (MW) coal-fired power generating unit started feeding electricity into the national grid late on Monday...

 South Korea cuts 2030 emissions reductions targets for industry

South Korea cuts 2030 emissions reductions targets for industry

March 21, 2023 04:24 PM AEDT | By Reuters

By Hyonhee Shin SEOUL (Reuters) - South Korea revised down its 2030 targets for reducing greenhouse gas emissions in the industrial sector on Tuesday...

 Factbox-Goldman Sachs lowers oil price forecasts for 2023, 2024

Factbox-Goldman Sachs lowers oil price forecasts for 2023, 2024

March 21, 2023 07:27 AM AEDT | By Reuters

(Reuters) - Goldman Sachs lowered its crude price forecast for this year and 2024, citing a recent slump in oil prices due to banking stress, recessio...

 Valoe Adjusts Operations With Temporary Layoffs

Valoe Adjusts Operations With Temporary Layoffs

March 20, 2023 09:16 PM AEDT | By Reuters

March 20 (Reuters) - Valoe Oyj: * THE RESULT OF THE CHANGE NEGOTIATIONS AT VALOE: THE COMPANY ADJUSTS ITS OPERATIONS WITH TEMPORARY LAYOFFS * WILL LAY...

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