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The Uncertain Future of UK Oil and Gas
Yahoo Finance· 2025-10-05 19:00
Since the Labour Party came into office in the U.K. last year, many have wondered if oil and gas drilling will continue or whether we will witness an all-out shift to renewable energy. Prime Minister Kier Starmer has introduced stricter taxes on fossil fuel companies since coming into power, but has also said that oil and gas will continue as part of the energy mix for as long as it makes sense. So, as the investor environment in the U.K. North Seas becomes ever murkier, what can we expect? In June, the ...
Solar Could Help Iraq Boost Oil Exports by 250,000 Bpd
Yahoo Finance· 2025-10-03 08:36
Iraq could ramp up its crude oil exports by some 250,000 barrels daily as it saves this amount from local consumption with the help of several solar power projects. Zawya reported the news, citing a government official, who said that “Iraq consumes nearly a quarter million bpd of crude oil for energy use…switching to renewable energy will save this quantity.” “This will allow Iraq to export more crude and boost revenues…switching to renewable energy is a significant step, but it does not mean Iraq will ...
X @Bloomberg
Bloomberg· 2025-10-02 20:22
Microsoft has signed a new batch of renewable energy deals with Japan-based Shizen Energy, the latest effort by a global technology company to secure clean electricity https://t.co/739prjJkl9 ...
UBS Wealth Exec Says New Clients Will Drive ESG Revival
Wealth Management· 2025-10-02 15:56
(Bloomberg) -- A new wave of investors and private banking clients are increasingly demanding sustainable solutions for their portfolios, according to a UBS Group AG executive.It’s “a much bigger topic with the second generation but also female investors,” Adrian Zuercher, co-head of global asset allocation and co-head of global investment management APAC at UBS Chief Investment office, said during a panel discussion at the Milken Institute Asia Summit in Singapore on Thursday. It “might not be the most at ...
Ellomay Capital Reports Results for the Three and Six Months Ended June 30, 2025
Globenewswire· 2025-09-30 20:32
Core Insights - Ellomay Capital Ltd. reported its unaudited interim consolidated financial results for the first half of 2025, showing a revenue increase of approximately 3.5% compared to the same period last year, with total revenues reaching approximately €20.1 million [4][3]. Financial Overview - Total assets as of June 30, 2025, amounted to approximately €729.3 million, an increase from approximately €677.3 million as of December 31, 2024 [3]. - Revenues for the three months ended June 30, 2025, were approximately €11.3 million, slightly up from €11.2 million for the same period in 2024 [3]. - Loss for the three months ended June 30, 2025, was approximately €8.4 million, compared to a profit of approximately €1.6 million for the same period in 2024 [3]. - EBITDA for the six months ended June 30, 2025, was approximately €6.1 million, down from approximately €6.5 million for the same period in 2024 [3]. - Operating expenses decreased to approximately €9.2 million for the six months ended June 30, 2025, from approximately €9.5 million for the same period in 2024 [3]. - Financing expenses, net, were approximately €1 million for the six months ended June 30, 2025, down from approximately €2.6 million for the same period in 2024 [3]. Project Development and Future Outlook - In Italy, financing agreements were signed for solar projects totaling 198 MW, with construction on 160 MW already underway [5]. - In the USA, the construction of the first four projects (49 MW) has been completed, with three connected to the grid [6]. - In the Netherlands, the company expects to receive a license to increase production at the GGG facility by 64% [7]. - In Israel, negotiations are ongoing with the Israeli Electricity Authority for compensation related to project delays and war damage [8]. Other Financial Highlights - The company's share of profit from equity accounted investees was approximately €12 thousand for the six months ended June 30, 2025, down from approximately €1.8 million for the same period in 2024 [3]. - Other income for the six months ended June 30, 2025, was approximately €1.4 million, compared to €0 for the same period in 2024 [3]. - Tax benefit was approximately €1.8 million for the six months ended June 30, 2025, compared to €1 million for the same period in 2024 [3].
DESERT MOUNTAIN ENERGY ANNOUNCES $3.2M NON-DILUTIVE FUNDING AGREEMENT WITH ROSWELL INFORMATION PARK
Prnewswire· 2025-09-30 13:00
Accessibility StatementSkip Navigation TSX.V: DMEU.S. OTC: DMEHFFrankfurt: QM01 VANCOUVER, BC, Sept. 30, 2025 /PRNewswire/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) from the President of the Company. Desert Mountain Energy Corp. is pleased to announce it has signed an agreement with Roswell Information Park LLC to fund key infrastructure associated with previously announced projects on a non- dilutive basis. The initial funding commitment totals approxim ...
Investing $1,000 Into This Top Energy Stock in October Could Grow to Over $2,800 by 2035
The Motley Fool· 2025-09-30 07:23
This energy stock has delivered powerful total returns throughout its history.NextEra Energy (NEE 0.43%) has been a wealth-creating machine over the decades. The utility has delivered an average annual total shareholder return of more than 14% over the past 20 years, significantly outpacing other utilities and the S&P 500. Powering those robust returns has been NextEra Energy's ability to grow its earnings and dividend at healthy rates. The electric utility is in an excellent position to continue growing sh ...
RS Group partners with SolarAid to bring safe solar lighting to 150,000 people across Africa
Prnewswire· 2025-09-29 15:12
Accessibility StatementSkip Navigation The three-year partnership aims to raise $1.17 million through corporate donations, matched funding, product contributions, and fundraising to accelerate access to safe, sustainable energy. FORT WORTH, Texas, Sept. 29, 2025 /PRNewswire/ --Â RS Group plc (LSE: RS1), a high-service global product and service solutions provider for industrial customers, today announces a new three-year partnership with international development charity SolarAid. Together, RS Group and Sol ...
Ormat Technologies, Inc. (ORA): A Bull Case Theory
Yahoo Finance· 2025-09-28 15:40
We came across a bullish thesis on Ormat Technologies, Inc. on Make Money, Make Time’s Substack by Oliver | MMMT Wealth. In this article, we will summarize the bulls’ thesis on ORA. Ormat Technologies, Inc.'s share was trading at $92.54 as of September 17th. ORA’s trailing and forward P/E were 42.15 and 34.84 respectively according to Yahoo Finance. Ormat Technologies (ORA) is a vertically integrated global renewable energy company specializing in geothermal and waste-heat recovery, with a growing presen ...
Statkraft and Eviny sell all shares in Nepalese Himal Power Ltd to Butwal Power Company
Globenewswire· 2025-09-26 06:27
Core Insights - Statkraft and Eviny have agreed to sell their shares in Himal Power Limited (HPL) to Butwal Power Company (BPC), resulting in BPC owning 100% of HPL [1] - The transaction aligns with Statkraft's strategy to exit South Asia and concentrate on key markets in Europe and South America [1] Company Overview - Statkraft is a leading international hydropower company and the largest generator of renewable energy in Europe, with operations in hydropower, wind power, solar power, gas-fired power, and district heating [4] - The Khimti I Hydropower Plant, owned by HPL, has been operational since 2000 and has contributed over 9,000 GWh of energy to the Nepalese energy system [3][2] Operational Highlights - The Khimti I Hydropower Plant has maintained an excellent operational record and world-class availability over its 25 years of operation [3] - BPC, as the new owner, is expected to continue the operations of HPL and values the existing employees for their competence [3]