Tag #Energy Sector

Showing 37 to 48 of 61 results

forbes.com
🌐 85% Global Worthiness
News related image

Altrad Group: From Scaffolding to €6 Billion Energy Empire

Mohed Altrad, a computer scientist, transformed a near-bankrupt French scaffolding company into the €6 billion Altrad Group by 2025 through diversification, strategic acquisitions (92 subsidiaries by 2025), and a focus on the energy sector, demonstrating resilience during economic downturns.

Progress

56% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
News related image

Insider Trading Signals Potential Market Divergence

In February 2024, insider stock purchases fell to 24% compared to a usual 34%, with many CEOs across various sectors selling millions in shares, while energy executives increased buying; this divergence may signal a split in future market performance.

Progress

68% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
News related image

Kinder Morgan Stock Drops 15% Despite Positive Q4 Results

Kinder Morgan (KMI), a major U.S. natural gas pipeline operator, saw its stock price fall 15% since its January Q4 earnings report, despite positive results including raised 2025 guidance and a new pipeline project, due to profit-taking following a substantial price increase in 2024.

Progress

40% Bias Score

Affordable and Clean Energy
kathimerini.gr
🌐 85% Global Worthiness
News related image

Elliott Pressures BP to Cut Costs, Mirror Shell's Success

Activist investor Elliott Investment Management is pressuring BP to cut costs and divest from renewable energy to increase profitability, mirroring Shell's success, following BP's 2010 Deepwater Horizon disaster which cost over $65 billion and significantly reduced its market value compared to Shell...

Progress

64% Bias Score

Climate Action
dailymail.co.uk
🌐 85% Global Worthiness
News related image

Elliott Investment Sends BP Shares Soaring

Activist investor Elliott Investment in BP caused a 7.4% surge in BP's shares to 465.15p, prompting speculation about potential company restructuring, leadership changes, and divestment from renewable energy projects due to underperformance compared to rivals.

Progress

60% Bias Score

Climate Action
theglobeandmail.com
🌐 85% Global Worthiness
News related image

RBC Removes Two Stocks From Energy Best Ideas List

RBC Capital Markets' Global Energy Best Ideas list saw Archrock Inc. and PG&E Corp. removed in February 2024, despite the list outperforming market benchmarks since 2013.

Progress

16% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 85% Global Worthiness
News related image

Iberdrola commits $20 billion US investment despite trade tensions

Despite global trade tensions, Iberdrola, Europe's largest utility company by market capitalization, committed to investing $20 billion in the US over five years, with CEO Ignacio Galán urging regulatory clarity from the Trump administration while meeting with high-ranking officials.

Progress

36% Bias Score

Affordable and Clean Energy
sueddeutsche.de
🌐 75% Global Worthiness
News related image

German Cartel Office Investigates Fuel Wholesale Market Competition

The German Federal Cartel Office is investigating potential competition problems in the German fuel wholesale market, focusing on the role of price information services and using a new tool to address structural competition issues. The investigation follows a recent sector study revealing indication...

Progress

36% Bias Score

Reduced Inequality
repubblica.it
🌐 75% Global Worthiness
News related image

Poste Italiane Stock Rises on Vivendi, CVC Talks

Following reports of discussions with Vivendi and CVC, Poste Italiane's stock price rose 0.34%, building on its recent investment in Telecom Italia. A Capital Markets Day is planned for Friday.

Progress

24% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
News related image

Elliott's $5 Billion BP Stake Prompts Strategic Reset

Elliott Investment Management, managing $70 billion, acquired a nearly 5% stake in BP, prompting BP to announce a strategic reset and potentially leading to significant divestments; this follows similar large investments in Honeywell and Phillips 66, showcasing Elliott's pattern of targeting major c...

Progress

40% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
News related image

Elliott Investment Stake Sends BP Shares Soaring

BP's shares surged 8%—its biggest jump since 2020—after activist investor Elliott Investment Management took a stake, prompting speculation of strategic changes, including board shakeups and a potential return to focusing more on fossil fuels.

Progress

44% Bias Score

Climate Action
bbc.com
🌐 75% Global Worthiness
News related image

BP Announces 7,700 Job Cuts in Cost-Cutting Drive

BP, a British oil firm, announced 4,700 job cuts and 3,000 contractor reductions on Thursday, aiming for $2 billion in cost savings by 2026, primarily impacting office-based roles and potentially impacting its energy transition commitments.

Progress

40% Bias Score

Decent Work and Economic Growth

Showing 37 to 48 of 61 results