Exxon Mobil (XOM.N) on Friday reported its strongest quarterly results in four years, in line with analysts’ profit estimates, as oil and gas prices more than doubled in the past year.
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Chevron Corp (CVX.N) on Friday posted its highest quarterly profit in eight years on surging oil and gas prices, higher output and a recovery in motor fuel demand that boosted refining margins.
Norway’s Equinor (EQNR.OL) posted its strongest quarterly result in nine years on Wednesday, driven by a global energy supply crunch that pushed Europe’s natural gas prices to record highs and sent the value of derivative contracts soaring.
General Electric Co (GE.N) raised its full-year earnings forecast on Tuesday after a recovery in its jet-engine business helped it report higher-than-expected quarterly profit.
Ikeja Electric Plc has announced the introduction of an interactive platform, called ‘Singleview’, designed to enable prepaid meter customers to access their vending pattern and consumption.
Whitegate generator to return on November 15th, 11 days after its originally scheduled restart
One of two electricity plants shut down since last winter is due to restart at the weekend, but a second will not resume for 11 days after originally estimated.
Buoyed by the hike in electricity tariff, the revenue collected by power distribution companies in Nigeria rose by 42.3 per cent in the first quarter of this year, compared to the same period of 2020.
The Coca-Cola Hellenic Bottling Company, the parent company of the Nigerian Bottling Company Limited, has announced its commitment to achieving net-zero emissions across its entire value chain by 2040.
United States heating bills are set to surge this winter as energy prices soar, the US Energy Information Administration says.
About half of households use natural gas for heating and will see their bills jump by 30% in October-March compared to last year, the EIA it said.
Southern California Edison (SCE) is developing a building electrification plan to present to state regulators later this year as the utility looks to tackle the next big hurdle in climate change, Senior Vice President of Corporate Affairs Caroline Choi said Thursday at an event hosted by the Business Council for Sustainable Energy.