|
|
02.07.25 - 15:00
|
In Line With its Business Model, TotalEnergies is Selling 50% of a Portfolio of Renewable Assets in Portugal (Business Wire)
|
|
TotalEnergies remains operator of the assets
The portfolio consists of wind, solar and hydroelectric assets in operation
PARIS--(BUSINESS WIRE)--In line with its renewables business model, TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces the completion of the sale of 50% of its 604 MW wind, solar and hydro portfolio in Portugal to the Consortium composed of MM Capital Partners 2 Co., Ltd, Daiwa Energy & Infrastructure Co. Ltd, and Mizuho Leasing Co., Ltd for a consideration of 178,5 million euros, equivalent to an enterprise value of €550 m.
Following this transaction, TotalEnergies will retain a 50% stake and continue to operate the assets. Additionally, once the regulated tariffs they benefit from expire, TotalEnergies will purchase the production of these assets, which have an average age of 16 years, and will handle their commercialization.
“We are pleased with this partnership in Portugal, a country where TotalEnergies intends to continue its development in renewables. In line with our st...
|
|
|
|
|
26.06.25 - 11:06
|
Development plan for Fram Sør submitted (Cision)
|
|
Sandnes, Norway, 26 June 2025: Vår Energi and its partners in the Fram licence, Equinor and INPEX Idemitsu, have submitted the plan for development and operation (PDO) for the Fram Sør project in the North Sea. Production is scheduled to start at the end of 2029.
The Fram partners will invest more than NOK 21 billion (USD 2.2 billion) in the subsea project, operated by Equinor. Recoverable reserves are estimated at 116 million barrels of oil equivalent (mmboe) gross, of which 75% is oil and 25% gas.
"Fram is a prosperous area on the Norwegian Continental Shelf (NCS), providing...
|
|
|
|
20.06.25 - 14:06
|
Oil Fluctuates On Trump Two-Week Iran Buffer; SoftBank′s AI Bet | Bloomberg Brief 6/20/2025 (Bloomberg)
|
|
US equity futures decline ahead of a $6.5 trillion triple witching event. Oil swings, looking to pare some of the week's gains on news that President Trump is backing down from an imminent strike on Iran, opting instead to wait two weeks to allow time for a diplomatic solution to the conflict with Israel. SoftBank has plans for a $1 trillion AI complex in Arizona. Texas lawmakers call for a delay to Tesla's robotaxi rollout. Seema Shah of Principal Asset Management says the Federal Reserve runs the risk of making a policy mistake if it hikes or cuts the rate too soon. Priya Misra of JPMorgan Asset Management says the Treasury curve is offering a good level of yield currently. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)...
|
|
|
18.06.25 - 01:12
|
Stocks Fall as Israel-Iran Jitters Spur Oil Rally | The Close 6/17/2025 (Bloomberg)
|
|
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Wesley Clark, Former NATO Supreme Allied Commander Europe, Tracie McMillion, Wells Fargo, Maheep Mandloi, Mizuho, Mark Kimmitt, US Army Retired General, James Seyffart, Bloomberg Intelligence, Ellen Lee, Causeway Capital Management, Jonathan Panikoff, Atlantic Council, Jon Maier, JPMorgan Asset Management, Josh Wingrove, Bloomberg News, David Gura, Bloomberg News, Emily Stromquist, Teneo, Glenn Hubbard, Council of Economic Advisers. (Source: Bloomberg)...
|
|
|
13.06.25 - 21:06
|
Interior Department Announces $200 Billion LNG Supply Agreements With Japan (ZeroHedge)
|
|
Interior Department Announces $200 Billion LNG Supply Agreements With Japan
Authored by Naveen Athrappully via The Epoch Times (emphasis ours),
U.S. companies have finalized sales agreements with Japanese power generation giant JERA Co. Inc. for it to purchase up to 5.5 million tons per year of American liquefied natural gas (LNG), the Department of the Interior (DOI) said in a June 11 statement.
A liquefied natural gas tanker arrives at a gas storage station in Chiba prefecture, Japan, on April 6, 2009. STR/JIJI Press/AFP via Getty Images
The four 20-year agreements, which are projected to “support more than 50,000 U.S. jobs and add more than $200 billion to U.S. GDP according to S&P Global analysis, underscore President Trump's efforts to unleash American LNG production and the significant role the U.S. LNG industry plays in strengthening the U.S. economy and bolstering global energy security,” the DOI said.
JERA's deal with NextDecade Corporation, Commonwealth LNG, Sempra Infrastructu...
|
|
|
|
05.06.25 - 16:03
|
Global Short Sellers Circle Live Nation, Marriott, Kering, and ANTA Sports as Recession Fears Rise (Business Wire)
|
|
Lifestyle and consumer-facing brands dominate Hazeltree's most crowded shortlist across the Americas, EMEA, and APACNEW YORK & LONDON--(BUSINESS WIRE)--The increased risks of a potential recession have continued to gain momentum over the last several months, and short sellers have taken note, according to the latest Hazeltree May 2025 Shortside Crowdedness Report. Major consumer brands, including half of the top-10 most crowded shorts in the Americas, were identified by Hazeltree, a leader in active treasury and intelligent operations technology for the alternative asset industry, alongside notable companies such as Live Nation Entertainment, Inc., Chevron Corporation, Marriott International, Inc., Charter Communications, and Dell Technologies Inc. Overseas, luxury goods fashion conglomerates Kering S.A. and LVMH were among the most crowded shorts in EMEA, with a score of 99, followed by consumer lifestyle sporting goods and leisure lifestyle brands ANTA Sports Products Limited and Oriental Land Co., Ltd...
|
|
02.06.25 - 21:06
|
UKG Acquires Shiftboard, a Leading Energy and Manufacturing Employee Scheduling Solutions Provider (Business Wire)
|
|
Key Points
Shiftboard's enterprise platform optimizes fatigue management, union compliance, labor planning, and employee flexibility while driving productivity, efficiency, and employee satisfaction
Combination of UKG and Shiftboard will provide organizations in intensely regulated sectors, like oil and gas, energy, and manufacturing, with a leading workforce management suite experience centered on an industry-specific scheduling engine
LOWELL, Mass. & WESTON, Fla.--(BUSINESS WIRE)--UKG, a leading provider of HR, payroll, and workforce management solutions, today announced the acquisition of Shiftboard, a leading employee scheduling software platform for mission critical operations in the oil and gas, energy, and manufacturing industries. Trusted by BASF, Bridgestone, Daisy Brand, and Shell, Shiftboard helps organizations solve their complex workforce scheduling challenges, such as aligning their labor strategy with production demand, supporting compliance with union regulations, and ensuring 24/7 operat...
|
|
23.05.25 - 03:30
|
Japanese Stocks Rebound Boosted by Weaker Yen, Oil Stocks Down (Bloomberg)
|
|
Japanese stocks staged a rebound after the yen depreciated following an improvement in the US Purchasing Managers' Index, prompting buying in export-related sectors such as semiconductors and automobiles. Oil-related stocks such as mining showed weakness as crude oil prices declined....
|
|
|
|