Europe's Offshore Wind Investments to Keep Growing After Record Year
remain stable in the medium- to long-term, Brindley said.While price volatility can dissuade financial institutions from investments, a higher average base carbon and power price would raise the profitability of new investments, he said.($1 = 0.8243 euros)(Reporting by Forrest Crellin; Editing by Gus Trompiz and Jan Harvey
TechnipFMC Shelves Spin-off Due to Market Turmoil
coronavirus outbreak and efforts by top exporter Saudi Arabia to raise production and cut prices.TechnipFMC shares slid to an all-time low on Friday as the plunge in crude oil hit stocks of industry players, though they had rebounded by the close in line with a late surge in oil prices.(Reporting by Gus Trompiz and Bate Felix; Editing by Jan Harvey
Total Cuts Tripoli Staff, Cites Security Concerns
working in Libya and how the company was organising itself in the face of increasing violence in the North African country. The Algerian state energy firm Sonatrach has ordered its workers back from Libya, a source at the company said on Monday. (Reporting by Michel Rose; editing by Gus Trompiz
February 2025
