Macron and MBS to Focus on Hormuz, Deals in Paris Talks
(Bloomberg) — French President Emmanuel Macron and Saudi Arabian Crown Prince Mohammed bin Salman are set to oversee…
Engie Lifts Profit Outlook on Cost Cuts, Currency Effects
(Bloomberg) — French utility Engie SA raised its full-year profit forecast as it benefits from currency fluctuations, its…
Slim’s Carso Buys Stake in Mexican Oil Field From TotalEnergies
(Bloomberg) — Carlos Slim’s Grupo Carso SAB agreed to buy a stake in a Gulf of Mexico offshore…
KKR Agrees to Buy EDF Power Assets as AI Boom Fuels Demand
(Bloomberg) — Electricite de France SA said that KKR & Co. agreed to buy its renewable power businesses…
Bilfinger, Schneider Electric develop renewable-powered offshore tech in North Sea
Schneider Electric and industrial services company Bilfinger have developed what they describe as the world’s first autonomous floating…
LS Power Said to Near Deal for EDF’s American Renewables Arm
(Bloomberg) — LS Power LLC is in advanced talks to buy Electricite de France SA’s North American renewable…
EDF Pushes for Better Terms to Save French Offshore Wind Project
(Bloomberg) — Electricite de France SA is in talks with the French government to secure better terms for…
New Zealand businesses ramp up AI & automation push
New Zealand businesses are increasing investment in AI and automation to improve productivity, according to research commissioned by…
Engie’s First-Quarter Profit Slips 15% on Lower Energy Sales
(Bloomberg) — Engie SA reported lower first-quarter earnings after a warm winter cut gas demand in France, while…
Neoen to Build France’s Largest Battery Amid Strained Power Grid
(Bloomberg) — Renewable energy developer Neoen will build France’s largest battery, helping to store rising solar and wind…