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Keywords: Energy
The French government has pledged continued support for workers and businesses affected by the sharp rise in fuel prices, as concerns grow over the broader economic impact of the energy crisis. Prime Minister Sébastien Lecornu stated that authorities would not “abandon anyone” facing......
France has stated that it will not consider lifting sanctions on Iran as long as tensions persist over the Strait of Hormuz, a key global shipping route for oil and energy supplies. French Foreign Minister Jean-Noël Barrot emphasized that the reopening and free navigation of the strait is essential......
French energy company Engie has confirmed that it will continue pursuing its development strategy in the Middle East despite ongoing regional instability linked to geopolitical tensions and disruptions caused by the conflict involving Iran. Company executives stated that the region remains part of Engie’s......
Eni shareholders have approved a new board lineup proposed by the Italian government, opening the way for Chief Executive Officer Claudio Descalzi to secure an unprecedented fifth term at the helm of the state-controlled energy company. At the annual general meeting, 51.38% of participating shareholders......
Solar and wind energy combined with battery storage can now deliver continuous electricity at a lower cost than fossil fuels in regions with strong natural resources, according to a new report by International Renewable Energy Agency. The findings come as global energy markets face sustained pressure,......
Major United States airlines experienced a sharp increase in operational costs in March, driven mainly by rising jet fuel prices. According to recent transportation data, carriers collectively spent just over $5 billion on fuel during the month, marking an increase of approximately 56% compared to February.......
India aims to reach $25 billion in bilateral trade with Vietnam by 2030, according to Prime Minister Narendra Modi, following high-level talks in New Delhi with Vietnamese President To Lam. The announcement was made during President To Lam’s first official visit to India, marking a new phase in......
Wage growth in the eurozone remains broadly stable, according to the latest data from the European Central Bank (ECB), which showed little change in negotiated salary trends since the start of the conflict involving Iran. The ECB wage tracker indicated that negotiated wage growth is expected to remain......
Danish wind turbine manufacturer Vestas Wind Systems reported a stronger-than-expected increase in its first-quarter profit, supported by a faster ramp-up in offshore wind turbine production. The company posted an operating profit before special items of 127 million euros, significantly higher than......