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Volkswagen Reins in Margin Hopes as Tariffs Cloud Prospects

Volkswagen Reins in Margin Hopes as Tariffs Cloud Prospects

Τετ, 30 Απριλίου 2025 - 18:55

Volkswagen said on Wednesday that profit margins this year were likely to be towards the bottom of its guidance range and joined a chorus of automakers warning that U.S. trade policy was making it almost impossible to make financial predictions

North Macedonias Nomagas, Greeces DESFA Sign Energy MoU

North Macedonia's Nomagas, Greece's DESFA Sign Energy MoU

Τρι, 29 Απριλίου 2025 - 19:54

North Macedonia's state-owned natural gas transmission company Nomagas has signed a Memorandum of Understanding (MoU) with Greek peer DESFA to deepen their cooperation in the energy sector, further advance regional energy interconnection and strengthen security of supply, DESFA said on Tuesday

Poland, US Firms Sign Contract to Design Nuclear Power Plant

Poland, US Firms Sign Contract to Design Nuclear Power Plant

Τρι, 29 Απριλίου 2025 - 19:33

U.S. firms Westinghouse Electric and Bechtel signed a contract on Monday with Poland's state-owned Polskie Elektrownie Jadrowe (PEJ) to continue designing the country's first nuclear power plant, after an initial agreement expired at the end of March

What Caused Spain and Portugals Sweeping Power Outage?

What Caused Spain and Portugal's Sweeping Power Outage?

Τρι, 29 Απριλίου 2025 - 19:29

Power was restored in Spain and Portugal on Tuesday after lights, communications services and transport stopped working this week due to a sweeping blackout that sparked chaos for millions of people across the Iberian Peninsula. Authorities are still investigating what caused the unprecedented power outage

EU Sets Duties on Chinese Construction Machinery

EU Sets Duties on Chinese Construction Machinery

Δευ, 28 Απριλίου 2025 - 20:11

The European Commission said on Monday it had imposed duties of up to 66.7% on imports of Chinese machines that lift construction workers after concluding that the producers were benefiting from unfair subsidies and selling at artificially low prices

TerraPower Begins UK Design Assessment Process

TerraPower Begins UK Design Assessment Process

Δευ, 28 Απριλίου 2025 - 20:07

TerraPower has formally notified UK regulators that it plans to begin the generic design approval process for its Natrium sodium-cooled fast reactor, a first step towards deploying the technology in an international market

At London Summit, Energy Sector Leaders Usher in A New Era of Energy Security

At London Summit, Energy Sector Leaders Usher in A New Era of Energy Security

Παρ, 25 Απριλίου 2025 - 18:27

The Summit on the Future of Energy Security concluded at Lancaster House in London with a strong signal of renewed international cooperation and resolve. Co-hosted by the IEA and the UK Government, the landmark two-day event brought together decision makers from 60 governments and over 50 major energy companies, alongside international institutions and civil society organisations, to confront a major global challenge: securing the energy systems of today and tomorrow

Tankers Chartered by Chevron to Move Venezuelan Crude Seek Other Business

Tankers Chartered by Chevron to Move Venezuelan Crude Seek Other Business

Τετ, 23 Απριλίου 2025 - 19:58

Some tankers Chevron had chartered to move crude from Venezuela to the United States this month are now being marketed for spot contracts elsewhere, sources said, after state company PDVSA canceled loading permits and ordered the firm to return cargoes amid payment uncertainty related to sanctions