Appointment within the Board of Directors of EDF The Board of Directors meeting held on 19 February 2026 co-opted Martin Briens, Secretary General of the French Ministry for Europe and Foreign Affairs, as a Director, replacing Anne-Marie Descôtes for the remaining of her term of office, i.e. until the end of the General Meeting ruling on the accounts for the fiscal year ending 31 December 2026. Martin Briens is appointed, effective as of today, on the recommendation of the State, pursuant to Article 6.II of ...

Strong results in a challenging operational year Landsvirkjun's profit from core operations last year amounted to approximately USD 287 million.The Company's financial position remains strong with an equity ratio of 64.5% and net debt amounting to 1.7x EBITDA.Proposal of USD 165 million in dividends. Hörður Arnarson, CEO: Landsvirkjun's operations performed well in 2025, reflecting the Company's solid foundation and strong financial position. Although conditions were challenging at times, the operating resu ...

Fourth Quarter and FY 2025 Investor Update CenterPoint Energy | 1 Cautionary Statement and Other Disclosures This presentation and the oral statements made in connection herewith contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical fact included in this presentation and the oral statements made in connection herewith are forward-looking statements made in ...

Core Insights - Centrica reported a challenging year with adjusted EBITDA of £1.4 billion and a focus on transforming its business model towards regulated and contracted earnings [5][6] - The company is investing heavily in renewable and regulated assets, with a significant increase in capital expenditure planned for 2025 [8][9] Group 1: Financial Performance - Centrica Energy delivered £200 million of EBITDA, indicating a softer performance primarily due to gas and power trading [1] - Retail and Optimization generated nearly £800 million of EBITDA, with Retail contributing £574 million, remaining broadly flat year-on-year [3] - Operating cash flow exceeded £900 million, while free cash flow showed a £200 million outflow after investments rose to £1.2 billion [5] Group 2: Investment Strategy - The company plans to invest at least £700 million in 2026, with a focus on high-quality, long-duration, regulated, and contracted assets [14][15] - Centrica's investment program more than doubled year-over-year, including significant allocations to Sizewell C, Grain LNG, and the Meter Asset Provider business [8][9] Group 3: Transformation and Cost Management - The transformation program delivered £100 million of net benefits in 2025, with a target to achieve an additional £500 million in cost savings by the end of the decade [11] - Operating costs are just under £2 billion, with a 3% reduction in OpEx in 2025 net of inflation [12] Group 4: Market Conditions and Challenges - UK Home Energy Supply faced challenges from market and weather effects, with bad debt charges rising to around 3% of revenue [2] - The company acknowledged execution challenges, particularly with delays in commissioning Irish peaker plants [10] Group 5: Future Outlook - Centrica aims for £1.7 billion EBITDA by the end of 2028 and £2 billion by 2030, with expectations of earnings growth from nuclear power extensions [15] - The company is also focusing on reducing customer contact through technology and AI, aiming for a 30% reduction in customer interactions [13]

Separately, joint venture partner purchases 50 kg of fumed silica for advanced testingMONTREAL, Feb. 19, 2026 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (“PyroGenesis” or “the Company”) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), the leader in ultra-high temperature processes and engineering innovation, and a plasma-based technology provider to heavy industry & defense, confirms receipt of successful results from a US-based independent testing lab. The lab confirmed that the fumed silica produced by the Company’s fume ...

MONTREAL, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; FRANKFURT:1XQ; “BRW” or the “Company”) is pleased to announce it has identified three new high priority lithium targets (area A, B and C in Figure 1) at the Anatacau Main Project, where drilling is currently underway, located in the Eeyou-Istchee James Bay region of Quebec. The Project is strategically situated 22 kilometers east and along strike of a major proven lithium-bearing structural corridor also hostin ...

Rio Tinto Group (NYSE:RIO) H2 2025 Earnings call February 19, 2026 03:30 AM ET Company ParticipantsBen Davis - Head of European Metals and Mining ResearchEphrem Ravi - Managing DirectorGlyn Lawcock - Head of Resources ResearchLiam Fitzpatrick - Managing Director and Head of European Metals and MiningMatthew Greene - VPPaul Young - Managing DirectorPeter Cunningham - CFORahul Anand - Executive Director and Head of Australia Materials ResearchSimon Trott - CEONone - Company RepresentativeConference Call Parti ...

Financial Data and Key Metrics Changes - Underlying EBITDA increased by 9% to $25.4 billion, driven by strong operational performance and productivity improvements [6][12] - Stable underlying earnings of $10.9 billion, with a dividend payout of 60%, equating to $6.5 billion returned to shareholders [6][13] - Net debt rose to $14.4 billion, with a modest gearing of 18% [13][23] Business Line Data and Key Metrics Changes - Copper equivalent production increased by 8%, setting annual records for both copper and bauxite [5][6] - Copper EBITDA more than doubled to $7.4 billion, with shipments up 60% at Oyu Tolgoi [20][21] - Iron ore delivered $15.2 billion of EBITDA, with unit costs in line with guidance at $23.50 per ton [20][21] Market Data and Key Metrics Changes - Copper and aluminum prices rose by 9%, with copper ending the year 44% higher than the previous year [14] - Iron ore remains supported by Chinese steel export growth, with a structurally balanced market [13][14] - Lithium markets showed strong momentum, with battery storage demand emerging as a fast-growing pillar of the energy transition [14][15] Company Strategy and Development Direction - The company aims for a 3% CAGR for copper equivalent production through to the end of the decade, focusing on operational excellence and cost reductions [7][10] - A significant portion of the exploration budget (85%) is directed towards copper, emphasizing the importance of value-accretive projects [9] - The company is committed to capital discipline, with rigorous capital allocation guiding every investment decision [10] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the need for improved safety measures following a recent tragedy at the Simandou site, emphasizing the importance of safe operations [3][4] - The company is confident in achieving its production targets, including the 60 million tons per annum of iron ore from Simandou [9][58] - Future growth is expected to be driven by strong demand for aluminum, lithium, and copper, despite some supply constraints [7][14] Other Important Information - The company is actively testing the market for RTIT and the Borates businesses, aiming to deliver $5 billion-$10 billion in cash proceeds from its asset base [10] - The company has a strong balance sheet and is generating stable operating cash flow from its diversified portfolio [24] Q&A Session Summary Question: Insights on Glencore discussions and coal ownership - Management assessed the transaction with a focus on underlying asset quality and potential value creation, concluding that an agreement could not be reached [30][39] Question: Opportunities in streaming agreements - Management indicated that various options exist across the portfolio for capital release, including potential streaming agreements [32][33] Question: Cost-cutting opportunities in Pilbara - Management confirmed that the $650 million run rate for productivity improvements is expected to be exceeded in 2026, with a multi-year program in place [34][35] Question: Iron ore cost targets compared to competitors - Management emphasized the importance of comparing full unit costs and highlighted ongoing efforts to drive efficiencies in the Pilbara [67][69] Question: Future of iron ore negotiations - Management confirmed ongoing conversations with customers, focusing on securing supply and creating value together [74][75] Question: Geopolitical risk considerations - Management acknowledged the complexities of operating in high-risk regions and emphasized the importance of value and risk mitigation in decision-making [92][96]

The Democratic Republic of Congo struck a deal to tender copper from a major Glencore operation in the country, expanding the state miner’s trading of a metal that’s key to the energy transition https://t.co/n6sVP7VY2b ...

Core Viewpoint - The initial investments from a $550 billion agreement between the US and Japan are criticized for contributing to pollution, particularly through fossil fuel projects [1][2]. Investment Details - SoftBank Group Corp. is set to invest $33 billion in a natural gas power station in Ohio, which would become the world's largest non-renewable power station. An additional $2.1 billion will be allocated for a crude oil export terminal [2]. Japan's Energy Policy - Japan's energy strategy appears contradictory, as it continues to support fossil fuel projects despite international commitments to reduce such financing. The Japan Bank for International Cooperation (JBIC) has been labeled the "dirtiest foreign financier" in Southeast Asia, contributing significantly to coal and gas financing [4][5]. - The Japanese government is relying on biomass and ammonia to decarbonize, while still heavily depending on coal, which only marginally reduces emissions and increases costs [6][7]. Market Dynamics - Japan's domestic market for renewable energy has shrunk, with major companies like Sharp, Panasonic, and Kyocera exiting solar panel production due to competition from Chinese firms. The installation of solar capacity has dropped to just four gigawatts in 2024, the lowest since 2012 [8]. - The wind energy sector in Japan is also underperforming, facing opposition from local stakeholders, and major players like Mitsubishi Heavy Industries have fallen behind international competitors [9]. Regulatory Environment - The oligopolistic nature of Japan's utility sector has led to regulatory capture, hindering the entry of cleaner energy competitors and maintaining the status quo of fossil fuel reliance [10]. Energy Security Concerns - Japan's heavy dependence on energy imports poses significant risks, especially in geopolitical tensions, as it produces only 13% of its energy domestically. In the event of a conflict, Japan's energy inventories could be depleted rapidly, highlighting the need for a transition to renewable energy sources [11][12][13]. Historical Context - Previous Japanese strategists recognized the risks associated with energy insecurity. Current policies aligning with fossil fuel interests may exacerbate these vulnerabilities, impacting both Japan and global efforts to transition to clean energy [14].