Up to individual French companies to decide how to reach energy saving target – ministry

PARIS, Oct 6 (Reuters) – The French government will not impose binding measures on companies on how to reach a national energy savings target, Energy Minister Agnes Pannier-Runacher said on Thursday, as France prepares for a possible tough winter regarding supplies of energy . President Emmanuel Macron’s government is due to announce sector-by-sector energy saving … Read more

US says oil companies ‘must do more’ to build domestic fuel levels

HOUSTON, Sept 30 (Reuters) – US fuel supplies are “unacceptably” at or near 5-year lows amid hurricane threats and the oil industry must do more to address prices and demand, a Department of Energy spokesperson said on Friday. The spokesperson was commenting on a report that the chief executive of Exxon Mobil Corp (XOM.N), the … Read more

Taiwan says chip companies in talks about European investment

TAIPEI, Sept 28 (Reuters) – Some Taiwanese chip companies are in talks with European countries about investments there, a government minister said on Wednesday, adding the administration was “pleased” to see efforts by local companies to work with democratic allies. The European Union has been courting Taiwan, a major semiconductor producer, as one of the … Read more

UK Labor Party pledges to set up public energy company if elected

LIVERPOOL, England, Sept 27 (Reuters) – Britain’s opposition Labor Party would set up a publicly-owned energy company within a year of coming to power if it wins the next election, leader Keir Starmer said on Tuesday, saying it would lower bills and help deliver energy independence. Starmer said that a publicly-owned company would help ensure … Read more

German minister calls for more funds for companies as debt debate intensifies

German Economy and Climate Minister Robert Habeck addresses a news conference in Duesseldorf, Germany, February 22, 2022. Roberto Pfeil/Pool via REUTERS/File Photo Register now for FREE unlimited access to Reuters.com Register BERLIN, Sept 22 (Reuters) – The German economy minister on Thursday called for more government funds to support companies as a debate intensifies on … Read more

UK’s first CO2 storage round attracts bids from 19 companies

A smoke billowing from a chimney is pictured, as the UN Climate Change Conference (COP26) takes place, in Glasgow, Scotland, Britain, November 6, 2021. REUTERS/Yves Herman Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 22 (Reuters) – A total of 19 companies applied to develop carbon dioxide (CO2) storages off Britain in … Read more

Germany to restrict company access to gas levy proceeds – sources

A gas street lamp glows at a construction side for a new LED streetlight in Berlin, Germany August 10, 2022. REUTERS/Lisi Niesner/File Photo Register now for FREE unlimited access to Reuters.com Register BERLIN, Sept 19 (Reuters) – A draft law for Germany’s gas levy draft law will impose restrictions on gas importers benefiting from its … Read more

Norway’s wealth fund tells companies to set zero-emission goals

A general view of the Norwegian central bank, where Norway’s sovereign wealth fund is situated, in Oslo, Norway, March 6, 2018. REUTERS/Gwladys Fouche/File Photo Register now for FREE unlimited access to Reuters.com Register OSLO, Sept 20 (Reuters) – Norway’s $1.2 trillion wealth fund, the world’s largest, said on Tuesday it would decarbonise its holdings by … Read more

ECB to buy fewer bonds from polluting companies

The south facade of the European Central Bank (ECB) headquarters in Frankfurt, Germany, December 30, 2021. REUTERS/Wolfgang Rattay/File Photo Register now for FREE unlimited access to Reuters.com Register FRANKFURT, Sept 19 (Reuters) – The European Central Bank will tilt its purchases of corporate bonds towards companies that emit less carbon, giving each firm a score … Read more

China warns coal companies against dual contracts, keep prices stable

Chimneys of coal-fired power plant are seen next to residential houses at night in Shijiazhuang, Hebei province, China, January 28, 2015. REUTERS/Kim Kyung-Hoon/File Photo Register now for FREE unlimited access to Reuters.com Register BEIJING, Sept 15 (Reuters) – China’s state economic planner on Thursday warned coal companies operating at ports in the Bohai Bay region … Read more