US Natural Gas Futures Climb 4% with LNG Flows, Cold December Forecast
U.S. natural gas futures climbed about 4% on Wednesday on near-record flows to liquefied natural gas export plants and forecasts for higher demand than previously expected as the weather turns colder than normal going into December.Front-month gas futures for December delivery on the New York Mercantile Exchange rose 17.9 cents, or 4.1%, to settle…
Ukraine imports US LNG from Greece to meet winter needs
The Ukraine will import U.S. liquefied gas from Greece for its winter requirements from December to March of next year. This was announced by Greek and Ukrainian officials on Sunday, during the visit to Athens of President Volodymyr Zelenskiy. Ukraine will import natural gas through a pipeline running across the Balkan Peninsula to ensure critical…
As yttrium shortages grow, a new rare earth crisis is on the horizon
Due to Chinese export restrictions on yttrium, global supplies are in short supply. This has led to fears of shortages, and a rise in costs, which could affect aerospace, energy, and semiconductor production. In April, China, which is the primary source of this element, used in coatings that protect against high temperatures and in alloys for engines, limited exports, along with six others rare earths, in response to U.S.
French and Benelux stocks: Factors to watch
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. ALSTOM: French rail maker Alstom has raised its organic sales forecast for 2025 to over 5%, up from 3%-5% in the past. This is due to strong demand for Alstom's trains and signalling system. COFINIMMO: Belgian property investment company Cofinimmo has acquired three development assets in Finland.
Ukraine's fight for money and reform is necessary to survive the 'forever-war'
Since mid-2024, residents of Pokrovsk and Ukrainian officials have stripped the town of everything valuable: library books, beds for hospitals, industrial equipment - everything that once supported the bustling settlement with more than 60,000 inhabitants in the eastern Donbas region of Ukraine, which is mainly Russian speaking. Pro-Kremlin feeds…
Wall Street falls as Nvidia slides and investors worry that Fed could slow rate cuts
Wall Street finished sharply lower Thursday with Nvidia, and other AI heavyweights as investors scaled down expectations of rate cuts due inflation concerns and disagreements among central banks about the U.S. economic health. After a 43-day record shutdown, which had caused investors to worry and disrupted economic data flow, the U.S. Government reopened.
Wall Street falls as investors worry about rate cuts
Wall Street fell on Thursday with Nvidia, and other AI heavyweights suffering steep losses as investors scaled down expectations of rate cuts because of inflation concerns and disagreements among central banks about the U.S. economic health. The U.S. After a 43-day record shutdown which had alarmed investors and disrupted economic data flow. Federal…
Made in Nigeria: Africa's drive to become a solar superpower
In pink overalls they pack the tested products to be shipped from the Salpha Energy solar assembly plant near Calabar, West Africa. It's not happening at home anymore. Salpha Energy, which began in 2017, has produced solar power systems for over two million Nigerian households and businesses. It aims to produce up to 300,000. Salpha Energy is part and parcel of the green leadership that Africans attending the U.N.
Baker Hughes will supply key equipment to Alaska LNG Project
Baker Hughes, a provider of oilfield services, will provide key equipment for the proposed Alaskan LNG project. The project's chief developer announced on Monday that the pipeline and terminal would be built to export natural gas from Alaska's North Slope to Asia and to other markets. * Baker Hughes is supplying refrigerant compression equipment and power generation for a gas treatment facility on the North Slope.
De Nora eyes water tech deal, raises profit margin outlook
Industrie De Nora, an Italian electrochemical company, is looking at ways to expand its water-technology business. It may even announce an acquisition before the end of the year. De Nora's Paolo Dellacha said: "We have concrete M&A projects and hope to announce something before the end of this. De Nora is a leader in the field of industrial electrodes and also provides equipment and solutions to disinfect and filter water.
SLB launches AI product to focus on digital sales growth
SLB, a technology company in the energy sector, launched on Monday a new artificial-intelligence tool to automate workflows and processes for companies looking to use AI to boost growth. SLB's Tela technology will be integrated into its portfolio of platforms and applications. Users will be able to interact with the system through a conversational interface.
J-Power to Shut Two Coal-Fired Power Plants
Japan's Electric Power Development (J-Power) said on Friday it will decommission two coal-fired power plants by March 2029 as part of efforts to meet its 2030 goal of cutting carbon dioxide emissions by 46% from 2013 levels.President Hitoshi Kanno also reaffirmed the company's commitment to completing the Oga-Katagami-Akita offshore wind project…
J-Power shuts down two coal-fired plants and commits to offshore wind project
J-Power, Japan's Electric Power Development Company (J-Power), announced on Friday that it would decommission 2 coal-fired plants by March 2029 in order to achieve its 2030 goal of reducing carbon dioxide emissions by 46 percent from 2013. Hitoshi Kano also reiterated the company's intention to complete the Oga, Katagami, and Akita offshore project…
Why are rare earths important and what are they?
The U.S. Keep Chinese rare earths exports flowing. What are they? Rare earths is a grouping of 17 elements, including 15 metals that are silvery white, called lanthanides or lanthanoids. They also include scandium and yttrium. What are they used for? Rare earths, or the magnets that they can sometimes be made into, are found in small quantities…
China solar stocks jump after a report by state media on overcapacity
The shares of China's solar firms soared on Wednesday, after a senior executive in the industry told state media leading companies were forming an alliance. This raised expectations that industry leaders would be moving forward with a plan that will reduce overcapacity. "Seventeen companies are already in the process of signing." Zhu Gongshan (President of GCL Technology Holdings)…
French and Benelux stocks: Factors to watch
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. Aedifica: The healthcare real estate company Aedifica announced that its nine-month rental revenue rose by 8%, to 271.8 millions euros. It also raised the EPRA estimate for earnings per share in full-year to 5.10 euros. ASM INTERNATIONAL…
Havells led funding round secures $171 Million for India's Goldi Solar
Goldi Solar, India's largest manufacturer of solar modules, announced on Wednesday that it had raised $142,1,000,000 ($171,000,000) in growth capital, led by the electrical equipment giant Havells India. Shahi Exports and SRF Transnational Holdings are among the high-net worth individuals and companies that invested in this round. The money raised will be used to support Goldi Solar in its manufacturing expansion…
Report: Oil and gas projects will be delayed by 2026 due to rising tariffs.
A Deloitte report released on Wednesday showed that the U.S. President Donald Trump’s sweeping tariffs will raise operating costs in 2026. They will also disrupt supply chains, and reduce investment momentum. Energy industry operations are heavily dependent on international supply chains. Materials such as drilling equipment, valves, compressors…
Zelenskiy: Ukraine has the funds to import 70% of the gas needed for this winter.
The President of Ukraine, Volodymyr Zelenskiy, said that Ukraine has secured funds to purchase 70% of its natural gas needs for this winter. He also stated that the Ukrainian Government would cover the remaining funding. He appeared to be reassuring Ukrainians that they will have enough energy this winter, after Russia intensified its attacks on energy infrastructure in its war against Ukraine.
Oilfield giants shift focus to AI infrastructure after drilling demand declines
SLB, Halliburton, and Baker Hughes, oilfield services giants in North America, are focusing on data centers and artificial intelligence infrastructure to fuel their next phase of expansion as they deal with a slowing drilling market and idle rigs. U.S. producers of oil have reduced exploration budgets, as the price of a barrel hovers in the low 60s…