Related News
Xcel Energy's first-quarter profit misses estimates due to higher costs

Xcel Energy, a U.S. utility, missed Wall Street expectations for the first-quarter profits on Thursday due to higher operating and interest costs.
Finance Minister: Indonesia's growth in 2025 will be around 5%, despite trade tensions

Indonesia's growth will probably remain around 5% this year despite the trade tensions. The finance minister stated that…
Saipem announces 31% increase in core profit for the first quarter, and confirms its guidance

Saipem, an Italian energy contractor, said that its core earnings for the first quarter of 2013 increased 31% compared to…
NextEra exceeds profit expectations as the power company avoids trade risks

NextEra Energy's CEO stated that the company beat Wall Street expectations on Wednesday regarding rising electricity demand…
Enphase Energy misses quarterly profit estimates, forecasts weak Q2 revenue

Enphase Energy, a solar inverter manufacturer, missed analyst expectations for the first-quarter profit due to a softening…
Elliott presses BP to boost free cash flow by 40% via spending reductions, FT reports

The Financial Times reported that Elliott Management, an activist investor, has urged BP a 40% increase in its free cash flow through spending cuts.
Document shows that Russia has reduced its estimate of energy export revenue by 15% for 2025.

According to a document from the Economy Ministry, Russia's forecast for oil and gas export revenue for 2025-2027, which…
IMF: AI's economic benefits will likely outweigh its emissions costs

The International Monetary Fund (IMF) said that the benefits of artificial intelligence would boost global production by…
Devon Energy to boost free cash flow by $1 billion by 2026

Devon Energy announced on Tuesday that it intends to increase its annual free cashflow by $1 billion by 2026. This sent its…
Palm prices rise on bargain-buying; stronger Ringgit and economic uncertainty limit gains

Malaysian palm futures gained on Tuesday, after six sessions of consecutive losses. Supported by bargain-buying, the gains were limited…
MPOC expects palm oil demand to increase in China and India as prices become more competitive.

The Malaysian Palm Oil Council said that demand for palm oil from major global buyers China, and India will increase because…
Taiwan: Buying more US oil and gas is the focus of tariff talks

Taiwan's trade talks with the United States are centered on increasing purchases of U.S. oil and natural gas, said President Lai Ching Te.