MADRID (Reuters) -Spanish energy company Repsol on Thursday said it would raise its dividend and buy back shares after strong oil and gas prices helped to lift third-quarter profit above pre-pandemic levels.
MILAN Continental Europe's $35 billion ceramics industry thought the worst was over when sales jumped more than 10% in the first half of the year and order books began to fill up after the damage inflicted by the pandemic. But surging gas prices have caught out companies in an energy-intensive business, leaving them to choose between passing on higher costs to customers and scaling back or halting production. And all at a time when many feel energy transition costs are already hurting them.
MADRID (Reuters) -Global wind power leader Iberdrola expects no further impact from Spain's recent attempt to swoop on utilities' earnings and use them to shield consumers from soaring energy prices, the company said on Wednesday.
MADRID (Reuters) -Spain has suggested that the European Union set up a system to jointly secure gas by auctioning contracts that give countries the option to buy the fuel when prices rise sharply or supply is threatened, a document seen by Reuters showed.
BRUSSELS (Reuters) -Denmark, Costa Rica, the Marshall Islands and six other countries on Thursday urged the world's biggest economies to hike their climate pledges, warning that their actions would set the tone for the upcoming COP26 summit in Scotland.
BRUSSELS, Oct 21 Denmark, Costa Rica, the
Marshall Islands and six other countries on Thursday urged the
world's biggest economies to hike their climate pledges, warning
that their actions would set the tone for the upcoming COP26
summit in Scotland.
MADRID (Reuters) -Iberdrola decided not to bid in the latest auction of renewable energy capacity in Spain due to regulatory uncertainty amid a spat over measures to contain record-high power prices.
MADRID French solar power group Photosol has hired BNP Paribas to launch a sales process that could be worth at least 500 million euros ($582.9 million), two sources familiar with the matter told Reuters.
MADRID Spain's gas system operator Enagas has sold extra space for liquefied natural gas (LNG) deliveries this winter in a bid to stabilise supply as voracious global demand forces up energy prices.