CHICAGO, Jan 24 (Reuters) – General Electric Co (GE.N) on Tuesday exceeded expectations for quarterly earnings on robust demand for jet engines and power equipment, but gave a disappointing full-year outlook as…
Tag: ENG
Global coal consumption to reach all-time high this year – IEA
LONDON, Dec 16 (Reuters) – Global coal consumption is set to rise to an all-time high in 2022 and remain at similar levels in the next few years if stronger efforts are…
Germany’s half-a-trillion dollar energy bazooka may not be enough
FRANKFURT, Dec 15 (Reuters) – Germany is bleeding cash to keep the lights on. Almost half a trillion dollars, and counting, since the Ukraine war jolted it into an energy crisis nine…
Spain’s Jan-Oct trade deficit widens almost four-fold on energy prices
Dec 15 (Reuters) – The soaring cost of energy imports led to a near four-fold widening in Spain’s trade deficit in the first 10 months of 2022 compared with same period a…
Exclusive: Russian oil sold to India below price cap in buyers’ market
NEW DELHI, Dec 14 (Reuters) – Russia’s flagship Urals crude has been sold at deeper discounts this month following a European ban on Russian oil imports, and dominant buyer India has bought…