Category: NEWS
Aston Martin Struggles with Profit Warning and Debt Issuance Amid Supply Chain Challenges
Aston Martin Lagonda Global Holdings plc, the luxury British automaker, has announced a significant reduction in its earnings…
ECB’s Isabel Schnabel Advocates Gradual Rate Cuts Amid Inflation and Geopolitical Risks
Isabel Schnabel, a prominent member of the European Central Bank’s (ECB) Executive Board, has stated that the ECB is…
First Phase of Cabling Completed for NeuConnect Interconnector Project Linking UK and Germany
The €2.8 billion NeuConnect Interconnector project has reached a significant milestone with the successful completion of its…
ADNOC Launches $80 Billion XRG to Lead Low-Carbon Energy and Chemicals Transformation
The Abu Dhabi National Oil Company (ADNOC) has unveiled its new international investment powerhouse, XRG, a company with an…
Norsk Hydro Projects 20% Growth in Low-Emission and Recycled Aluminum Sales in 2024
Norsk Hydro ASA expects to see more than 20% growth in sales of its low-emission aluminum, Hydro Reduxa, and…
Nuclear Energy in Europe: High Costs and Financial Challenges Hindering Growth
Building new nuclear reactors in Europe remains a financially unviable proposition for most utilities due to extremely…
Stellantis Shifts Focus to Electric Vehicle Production, Closes Luton Van Plant
Stellantis, the French-Italian automotive conglomerate, is restructuring its UK operations with a strategic shift towards…
COP29 Emissions Cut Target Faces Resistance in Brussels: 90% Reduction by 2040 in Doubt
At the European Parliament, discussions around the COP29 agreement raised significant concerns about the EU’s climate targets,…
China’s CO2 Emissions Expected to Peak by 2025: Optimism Grows Among Experts
As China accelerates its efforts to transition to a greener energy system, there is growing optimism among experts about the…
Zeren Group Strengthens Energy Position with Acquisition of Türkiye Petrolleri
Zeren Group, a diversified conglomerate, has expanded its influence in Turkey’s energy sector with the acquisition of Türkiye…
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