Minister of Energy Iva Petrova announced that the data from the audits already carried out in energy companies show alarming data about their financial situation, and several... have already been submitted.
Canada is undergoing its fastest-growing oil boom in a decade, with Alberta energy companies increasingly focusing on the Clearwater region rather than long-term oil sands projects.
Danish energy companies Velkommen and Nettopower have been declared bankrupt, owing money not only to customers but also facing police reports. This news is part of today's business update from Berlingske, also mentioning a new CEO and a "shattered American dream."
FuelCell Energy shares surged by 23% following its inclusion in the Russell Index, while Bloom Energy and Plug Power also saw gains of 7% and 5% respectively. The index inclusion boosted investor confidence in these energy companies.
One of Denmark's largest energy companies, OK, has been forced to halt the installation of truck charging stations due to severe problems accessing the electricity grid, citing delays in grid expansion.
Tens of thousands of households in the Netherlands will be enlisted by grid operators and energy companies to help reduce electricity grid overload, using their home batteries and EV charging stations for a fee.
Indian thermal power major NTPC is drawing significant interest from international nuclear energy companies for potential partnerships in nuclear technology development.
Germany's energy grid frequently reaches its limits due to an oversupply of wind and solar power, prompting industrial groups, energy companies, and startups to develop new solutions for managing this excess green electricity.
Energy suppliers are preparing for peaks of electricity demand as swathes of people across the UK settle in at home or head to venues to watch the tournament
Reykjavík Geothermal, in collaboration with local authorities and energy companies, has commenced geothermal drilling operations on Tenerife in the Canary Islands to produce electricity.
Analysts are reportedly divided in their opinions regarding the investment prospects of energy companies Dorian LPG (LPG) and HF Sinclair Corporation (DINO), reflecting varied market outlooks.
The British Defense Minister sent a letter to Reform UK leader Nigel Farage, seeking assurances that a five-million-pound donation he received from a cryptocurrency multimillionaire did not originate from sanctioned Russian energy companies.
Dissatisfied electricity customers in Ørestad are physically confronting energy companies to demand their money back, following over 1,000 complaints against two companies.
Several energy sector companies, including ReNew Energy Global, Viper Energy, Bloom Energy, and GE Vernova, have reported strong first-quarter earnings, often beating estimates and raising future guidance. Analysts have also increased price targets for companies like Plug Power, Fluence Energy, Array Technologies, SolarEdge Technologies, and Ormat Technologies following their Q1 results.
A discussion is underway in Portugal regarding the taxation of extraordinary profits, particularly within the fuel and energy sectors. Energy companies emphasize the need for predictability in this capital-intensive industry.
The Irish Government has decided against implementing a domestic windfall tax on energy companies, despite their increased profits during the recent Iran crisis.
Despite Ireland having some of the highest electricity prices in the EU, the national energy regulator has stated that there is no evidence of energy companies making excessive profits.
Portugal is considering imposing an additional tax on energy companies' 'extraordinary profits,' sparking debate over who benefits most from the crisis.
An Investtech analysis highlighted three small non-renewable energy companies with daily stock market turnover under 10 million NOK, recommending them for purchase.
Norway is auctioning 70 new blocks for energy companies to explore for oil and gas in its annual licensing round, aiming to extend the life of its petroleum production.
Croatian Prime Minister Andrej Plenković announced that Croatia will initiate preparatory talks and high-level negotiations with Hungary to resolve the ongoing dispute between energy companies MOL and INA. He addressed the issue at the 'Three Seas Initiative' summit in Dubrovnik.
Energy companies Fortum and Vattenfall reported improved earnings, with Fortum's early-year results benefiting from increased electricity prices. Vattenfall's profits reportedly doubled due to the same factor.
Financial analysts have shared their perspectives and insights on several prominent energy companies, including Range Resources (RRC), Genesis Energy (GEL), and Schlumberger (SLB).
Analysts are offering their insights and perspectives on energy companies including Halliburton (HAL), Baker Hughes Company (BKR), and Expand Energy (EXE).
Dutch Minister Van Veldhoven for Climate and Green Growth disputes energy companies' warnings that mandatory green gas blending from 2027 will lead to significantly higher gas bills, while companies argue the cost will rise due to more expensive green gas.
BP's board faced a significant defeat as shareholders rejected key climate resolutions, signaling investor dissatisfaction with the oil giant's climate strategy. This outcome highlights growing pressure on energy companies to accelerate their transition to greener practices.
Medojević has filed a criminal complaint against electro-energy companies in Montenegro, related to a 13-year-old dispute over a destroyed children's brand and production system. The case involves significant financial damages.
Major energy companies operating in the Netherlands are lodging objections against €2.7 billion in windfall taxes that they were ordered to pay for the year 2022.
Polish energy companies are advocating for a softening of changes to the EU Emissions Trading System (ETS), presenting key demands ahead of the planned July revision of the CO2 emission allowance trading system.
Spain's CNMC has opened a very serious case against Red Electrica and five serious cases against Endesa, Iberdrola, Repsol, two Naturgy combined cycles, Bahia de Vizcaya, and the nuclear power plants of Almaraz, Trillo, and Ascó-Vandellós II.
Energy companies may offer free or cheaper electricity to customers who run appliances during periods of excess supply, such as sunny weekends, to encourage demand flexibility.
Chinese new-energy companies are experiencing a significant increase in demand from international markets, indicating a growing global interest in their products and technologies.
Finance ministers from Italy, Germany, Spain, Portugal, and Austria have launched an initiative, urging the European Commission to implement a tax on energy companies' windfall profits.
Libya's state-run National Oil Corporation (NOC) announced three new oil and gas discoveries with major energy companies from Italy, Spain, and Algeria.
The total value of Finland's state-owned corporate holdings increased by 27% to 38 billion euros in 2025, with energy companies playing a significant role in this rise.
The stock prices of luxury brands like LVMH and Hermès are experiencing a downturn, contrasting with the record-breaking performance of energy companies such as Totalenergies, prompting analysts to offer clear advice.
EU ministers, including Miranda Sarmento, are advocating for taxes on the extraordinary profits of energy companies, attributing these "windfall" gains to the conflict in the Middle East.
Five European Union nations are collectively urging the implementation of a tax on the windfall profits of energy companies amidst rising energy costs.
Georgi Pulev discusses the increasing role of industry as an active participant in the energy system. He clarifies that this does not mean factories must become energy companies, but rather that their influence on the electricity market is significant.
The main indices of the Warsaw stock exchange experienced a slight rebound at the start of the week, largely attributed to the strong performance of energy companies.
Major energy companies are increasing their efforts in oil and gas exploration globally, aiming to replenish their reserves amidst evolving market dynamics.
An analysis suggests that a conflict 3,000 kilometers away can reshape the hierarchies of the Romanian stock exchange, particularly due to its energy-heavy structure where energy companies act as a buffer for the index.
A new report identifies and discusses the most innovative energy companies projected for the year 2026. The article likely details their advancements and contributions to the energy sector.
Poland's Office of Competition and Consumer Protection (UOKiK) has imposed fines exceeding PLN 7 million on two renewable energy companies for employing unfair customer acquisition methods and including prohibited clauses in their contracts.
Analysts have provided their expert insights and recommendations on specific energy companies, including Phillips 66 (PSX) and LandBridge Company LLC Class A (LB).
The DEI Group has achieved a significant new improvement in its S&P Global Corporate Sustainability Assessment, further strengthening its position among international energy companies.
TotalEnergies has announced a 15% reduction in its output, directly attributing the decline to the ongoing conflict in the Middle East. This highlights the specific operational impact of geopolitical tensions on major energy companies.
Analysts are offering their perspectives and insights on the performance and prospects of specific energy companies, including Canadian Natural (CNQ) and Advantage Energy (AAVVF).
An Icelandic article discusses the sanctity of property rights, arguing that when expropriation becomes a tool for public entities like the Road Administration or energy companies, their incentive to negotiate fair compensation diminishes.
The Dutch Authority for Consumers and Markets (ACM) announced it will more strictly monitor energy companies after receiving reports that some suppliers stopped offering new contracts.
Türkiye's state energy companies could invest in Canada as Ankara explores opportunities and alternatives in oil, gas and mining, Energy and Natural Resources Minister Alparsl...
Rachel Reeves, Labour's Shadow Chancellor, affirmed the party's economic strategy as the UK's 2026 growth forecast was downgraded, citing ongoing discussions with the Bank of England and energy companies.
Energy storage providers in Germany are raising alarms about potential multi-billion euro misinvestments, citing a paper from the Federal Network Agency. A dozen energy companies have issued a joint statement protesting the situation.
Greek energy companies are solidifying the country's position as a central supplier of oil products, electricity, and natural gas for Southeast European nations, with natural gas exports having tripled.
A new study indicates that utilizing waste heat from district heating in wastewater treatment could significantly increase energy companies' operating profits by up to 40% while also reducing emissions.
Energy companies in Salzburg, Tyrol, and Vorarlberg are being questioned about their role in wind power development, as these federal states must erect wind turbines by 2030 but currently have none.
The Italian government is moving towards ending fuel tax discounts and has summoned energy companies, urging them to align their prices with market rates.
Energy suppliers in the Netherlands are increasingly using "social collection" strategies, such as earlier personal contact and fewer penalties, to help customers manage and pay their outstanding bills.
Polish energy companies have signed a letter of intent to jointly invest in Ukraine's energy sector. This initiative aims to contribute to the reconstruction of Ukraine's energy infrastructure.
The Polish Sejm has passed a new tax on the extraordinary profits of fuel companies, expected to generate 4 billion PLN for the budget to offset costs from VAT and excise duty reductions.
Dissatisfied customers are flocking to Amager to demand refunds from energy companies Velkommen and Nettopower, with many sharing advice in a Facebook group on how to retrieve their outstanding balances.
Fuel cell energy companies experienced a significant market rout, with FuelCell Energy plunging 10% and Plug Power falling 6%, while Bloom Energy also slipped.
Artificial intelligence has identified several promising stocks to buy across various sectors, including large-cap consumer discretionary, industrial, and energy companies. Notable mentions include Apple, Microsoft, Nvidia, Centene, Coca-Cola, and Xcel Energy.
Chinese energy companies are expected to play a significant role in Southeast Asia's ambitious green transition plans, which include integrating regional power grids, according to a Singaporean official.
Inflation is ushering in a new era of poverty in Slovakia, where citizens increasingly view debt as a normal part of life and delay paying bills, creating challenges for banks, operators, energy companies, and the state.
Analysts have expressed differing opinions and sentiments regarding the financial outlook and performance of energy companies Dorian LPG (LPG) and HF Sinclair Corporation (DINO).
Hawaii is engaged in litigation against energy companies, alleging climate harms and raising questions about judicial impartiality and potential political corruption.
A Zacks Industry Outlook report has highlighted Enbridge, Kinder Morgan, and The Williams Companies. The report provides insights into the performance and prospects of these major energy sector firms.
Financial analysts have adjusted target prices for solar energy companies, with Tigo Energy receiving a hike due to optimization momentum, while Sunrun also saw an adjustment amid an unsettled broader solar market.
Energie Steiermark and Energie Graz, two Austrian energy providers, announced a reduction in gas prices by approximately 11.5 percent, effective July 1st.
In Lisbon, the European Commissioner for Climate acknowledged public discomfort over the extraordinary profits of energy companies but maintained that taxation decisions should rest with national governments.
Spanish Prime Minister Pedro Sánchez has decided to include all energy companies, including electricity firms, in his new special tax plan, a reversal from his statement 20 days prior at a European event where he only mentioned oil and gas companies.
The ongoing conflict involving Iran is prompting an accelerated global pivot towards renewable energy sources. This includes China's shift to electric trucks and increased profitability for wind energy companies.
Extreme weather conditions are causing power outages, particularly in hard-to-reach areas. A new technology, utilizing special sensors, can help energy companies like EG.D by sending detailed data to a central dispatcher when power lines are interrupted, allowing for precise identification of the incident's location and nature.
The Spanish competition authority (CNMC) has opened 63 sanctioning processes against energy companies, including EDP, Iberdrola, and Naturgy, following a blackout. EDP stated that the power plant in question was not operational on the day of the incident.
Major stock indices like the S&P 500 and Nasdaq continued their record rallies, driven by strong performances from technology stocks and positive earnings reports. Analysts expressed bullish sentiment towards top technology companies, while firms like Reddit and several REITs reported better-than-expected revenue in Q1.
Major energy companies, including Chevron and ConocoPhillips, have issued warnings about impending critical oil shortages, soaring prices, and potential demand destruction, despite reporting strong earnings.
Five EU countries, including Germany, are pushing for the implementation of a windfall tax on energy companies that have benefited from the price crisis, a complex proposal currently under discussion.
BP announced a significant increase in its first-quarter profits, while Croatian pipeline operator Janaf also reported a profit of 13 million euros for the same period. These reports highlight strong financial performance within parts of the energy sector.
Five clean cooking energy companies in Kenya are collectively seeking Sh5.5 billion in funding, highlighting growing interest in the sector following the collapse of a major player, Koko.
Brussels has rejected Spain's proposed measures to mitigate the economic impact of the situation involving Iran, dismissing the tax on energy companies and instead advocating for nuclear power and refining.
Reports highlight various stock trades and investment recommendations attributed to Nancy Pelosi, including holdings in tech and energy companies. These articles often appear in financial news sections detailing prominent figures' market activities.
Belgian Flemish and Francophone socialist parties, Vooruit and PS, have aligned on a common position to push for the taxation of energy companies' excess profits during an upcoming government meeting.
Financial analysts have updated price targets for several energy companies, including an increase for Canadian Natural Resources and Enterprise Products Partners, and a decrease for BP.
Analysts have provided insights and commentary on the performance and outlook of energy companies Occidental Petroleum (OXY) and Gulfport Energy (GPOR). These insights are crucial for investors tracking the energy sector.
Europe's potential $1 trillion defence windfall, linked to former US President Trump, has created divisions within the EU and NATO. Brussels is also resisting calls for a windfall tax as energy companies profit from the Iran war.
The Danish Utility Regulator has ordered energy companies Velkommen and Nettopower to immediately repay all outstanding amounts to their former customers.
ConocoPhillips has dispatched a team to Venezuela to assess potential oil prospects, signaling renewed interest from international energy companies in the country's petroleum sector.
A US court has threatened to embargo funds belonging to the Spanish national football team at the World Cup, seeking information from FIFA and the team's hotel regarding payments, due to the Spanish state's alleged non-payment to renewable energy companies.
The European Commission confirms analysis of the joint letter from the Finance Ministers of Portugal, Germany, Spain, Italy, and Austria, but warns: the situation is different from the 2022 crisis.
Chinese wind energy companies are reportedly increasing their presence in Europe. This expansion comes as the European Union aims to significantly boost its installed wind energy capacity to 425 gigawatts by 2030 to meet emissions reduction targets, with the UK also setting a 50 GW goal.
Relatives of the late Iranian Major General Qassem Soleimani were arrested by US federal agents after their permanent residency status was revoked, with reports indicating they had celebrated attacks against US soldiers.
The US has accused Mexico of shutting out US energy companies in a new trade barriers report, reviving a dispute that has simmered since 2022 regarding Mexico's energy policies.
Wall Street analysts have released new research calls, including initiations, upgrades, and price target adjustments for various companies, with the latest reports detailing Wednesday's analyst upgrades and downgrades and highlighting energy firms like Chevron, Kinder Morgan, and TC Energy.
Analysts have offered their perspectives on energy companies BKV Corporation (BKV) and Oneok (OKE), providing insights into their market performance and outlook.
Polish energy companies, including Polska Grupa Energetyczna, Enea, Tauron, ZE PAK, and Orlen, experienced a significant surge in stock prices following an announcement regarding the easing of the EU Emissions Trading System (ETS).
DNO has announced an asset swap with Equinor on the Norwegian shelf, a strategic move aimed at enhancing production capabilities for both energy companies.
ENTERSOFTONE IMPACT is solidifying its leadership in the energy sector as top companies choose its EINVOICING service for the digital transformation of their tax processes.
Labour leader Keir Starmer has stated that he will not tolerate energy companies exploiting the Middle East crisis for profit, as global oil prices have risen sharply in response to the conflict.
Shares of major solar energy companies, including SolarEdge, Enphase Energy, and SunRun, experienced significant gains, with SolarEdge stock rising 10%.
Disruption to global energy supplies and the prospect of an ever-widening conflict in the Middle East has sent crude-oil and natural-gas futures higher — and exposed subtle differences on how investors treat the stocks of different energy companies.
Spanish consumers are close to finishing payments on a significant electricity debt, a financial burden that has persisted while major energy companies navigate their own challenges.
Analysts have provided insights on energy companies such as Teekay Tankers (TNK), Occidental Petroleum (OXY), Infinity Natural Resources, Inc. Class A (INR), Obsidian Energy (OBE), and Cenovus Energy (CVE).
Poland is initiating a pilot program to assess the national component in public projects, with state energy companies PGE, Tauron, ENEA, and Orlen reporting to the Central Statistical Office in the first phase.
In Poland, prosumers reselling electricity to the grid must invoice energy companies for the gross amount, with VAT calculated using the 'in one hundred' method.
Kazakh Prime Minister Olzhas Bektenov held a series of bilateral meetings with executives from leading international energy companies and financial institutions to strengthen investment partnerships.
An Al Jazeera report examines how defense contractors, energy companies, and investment banks saw significant profit increases as war and uncertainty disrupted global markets during the 'war on Iran'.
US President Donald Trump has ordered an investigation into major energy companies, accusing them of 'cheating' drivers by not lowering fuel prices despite falling wholesale crude oil costs.
The Dutch Consumers' Association has filed a complaint against European energy companies, accusing them of making unjustified claims regarding "green" natural gas.
Bulgaria's "Radev" cabinet plans to remove state mines and TPP Maritsa East 2 from the Bulgarian Energy Holding to secure €1 billion from the Recovery and Resilience Plan, initiating a reform of state energy companies.
Bulgaria's Energy and Water Regulatory Commission has proposed slight increases in electricity and heating prices starting July 1st, based on requests from energy companies.
The CEO of TotalEnergies announced that a poll indicated French citizens would rather have reduced fuel prices at gas stations than a windfall tax on energy companies.
Ilie Bolojan has announced modifications to performance indicators for energy companies that fail to complete their investments. He also addressed the deterioration of his relationship with President Nicușor Dan.
Brent Crude oil prices have seen an 85% increase since January, leading major energy companies like Occidental Petroleum (OXY), Exxon Mobil (XOM), and Chevron (CVX) to implement varied strategies in response to the market changes.
Despite adverse conditions, German energy companies EnBW and RWE are committed to their offshore wind power plans. The wind power industry's association has proposed a solution to the crisis, which has been well-received by Environment Minister Carsten Schneider.
Energy companies Equinor and Aker BP have adjusted their stakes in various assets to enhance oil and gas production in Norway, aiming to optimize their operational efficiency.
Ireland's finance minister, Harris, has ruled out an Irish-only windfall tax on energy companies, citing concerns about its potential impact on investment. The government prefers an EU-wide approach, despite the European Commission noting mixed results from a similar 2022 initiative.
Baytex Energy Corp. announced a dividend of CAD 0.0225, while Valero Energy declared a dividend of $1.20. Both energy companies made their respective dividend declarations.
An unusual connection to beer has reportedly fueled a significant debate in Australia regarding a proposed gas tax. The discussion centers on the financial contributions and influence of the nation's major energy companies.
The U.S. Justice Department has requested the names and contact information of 2020 election workers in Georgia's Fulton County as part of an ongoing inquiry. Fulton County officials have reportedly resisted this effort, citing privacy concerns for the workers.
Energy companies in the Netherlands have expressed serious concerns about plans by the Netherlands Authority for Consumers and Markets (ACM) to introduce a feed-in tariff. This tariff would require large electricity producers to pay for grid costs.
Financial analysts have published a series of reports offering insights and outlooks on the performance of numerous companies across technology, industrial goods, financial, energy, and communication services sectors. These reports include bullish, conflicted, and general assessments of various stocks.
Analysts have provided their insights on key energy companies, including Phillips 66, ARC Resources, and Antero Resources, detailing their perspectives on their market performance and outlook.
The Dutch government is taking on significant financial risk by filling natural gas storage facilities for the winter, as energy companies are unwilling to do so due to high gas prices exacerbated by the Persian Gulf war and historically low storage levels.
Reports highlight several awkward moments during Donald Trump's meeting with King Charles, prompting discussions about the state of the 'special relationship' between the US and UK. The cluster also touches on Trump's passport design and his administration's approach to Iran.
Energy companies are profiting from Iran war, campaigners warn, after BP’s profits double in first quarter of 2026
BP profits more than double as oil and gas prices soar in Iran war
Although rising…
Analysts have offered their insights on several energy companies, including Halliburton (HAL), Baker Hughes Company (BKR), and Expand Energy (EXE), discussing their market performance and outlook.
Energy companies BP and Total Energies are reportedly attempting to slow down the expansion of offshore wind power, potentially delaying projects by years and reducing electricity output, according to NDR investigations.
Major energy companies in Australia are spending millions on an advertising blitz to oppose a proposed gas export tax, with Shell Australia defending the campaign as necessary to counter levy advocates.
Ireland's energy regulator, CRU, is anticipated to be summoned before an Oireachtas committee to discuss its investigation into alleged 'price gouging' by wholesale energy companies, which have failed to pass on a 72% price drop.
Energy companies are accelerating their search for new oil and gas fields outside the Middle East, with examples including Exxon Mobil's plans in Nigeria, driven by ongoing conflict and elevated prices.
Analysts have lowered the price targets for several energy companies, including EOG Resources, Range Resources, and Expand Energy. These adjustments come amid various financial previews and market assessments.
Swiss cantons are benefiting from increased revenue as state-owned energy companies report record profits and dividends, while industries and private citizens struggle with high electricity costs.
Analysts have offered their insights and perspectives on the energy companies Murphy Oil (MUR) and Halliburton (HAL), as reported by The Globe and Mail.
Citi has upgraded Atlas Energy and ProPetro to a 'Buy' rating, citing an improved market for completion services in the Permian Basin. This move reflects positive outlooks for these energy companies.
Portugal, alongside Germany, Spain, Italy, and Austria, has requested Brussels' authorization for a tax on extraordinary profits of energy companies, linked to the Middle East crisis.
Energy companies and car manufacturers are introducing tariffs that allow electric vehicles to function as power storage units. A prominent German auto executive is actively involved in this development.
Libya has unveiled new oil and gas discoveries made in partnership with international energy companies Eni, Repsol, and Sonatrach, signaling potential growth in its energy sector.
European energy companies are under scrutiny for allegedly earning billions from the Iran conflict, prompting criticism as households face high fuel and food prices. Several EU nations, led by Germany, are now advocating for the implementation of extra taxes on these energy giants.
Energy companies in Lithuania have initiated the #EnergySmartSTART program, inviting high school girls to a series of events called 'Matcha with Energy' to explore careers in the energy sector and related technologies.
The Spanish Wind Energy Association (AEE) has cautioned that a proposed windfall tax on energy companies could jeopardize investments in renewable energy sources within the European Union.
Five EU member states have called for a tax on the excess profits of energy companies to alleviate the financial burden on consumers, which has been exacerbated by the war in the Middle East and rising inflation.
Shares of major luxury brands like LVMH and Hermès & Co. have seen a decline, contrasting with the rising stock of energy companies, prompting analysts to issue clear advice.
Elevated prices for Liquefied Natural Gas (LNG) are anticipated to have negative implications for U.S. exporters. This economic trend could impact the profitability and competitiveness of American energy companies.
Nigel Farage's Reform UK party has announced it is dropping its pledge to nationalize water and energy companies. The right-wing populist party is reportedly shifting back towards 'small state' economic policies.
The Greek government is accused of siding with cartels and intermediaries by choosing not to tax the super-profits of energy companies and refineries, prompting calls for political change.
This week's energy news covers changes in CO2 trading and highlights top renewable energy companies, with the European Council confirming the Emissions Trading Scheme (ETS) will remain and a review proposed by July 2026.
The German Bundestag is debating stricter regulations for fuel stations and considering the implementation of a windfall tax on energy companies, measures that could spark significant controversy.
Nuclear energy companies Oklo and NuScale Power saw their stock prices climb by 5% and 3% respectively, attracting renewed investor interest in the sector.
Croatian MP Zvonimir Troskot stated that state energy companies have been used for years as "golden geese" to extract money through various donations and marketing activities. He called for an end to such practices.
Analysts are reportedly expressing conflicting opinions and sentiments regarding the stock performance and outlook for energy companies BP and Schlumberger.
Wind energy companies find that the conditions of the government's onshore wind auction fail to cover investment and operating costs, while planning processes remain painfully slow.
Portugal's Recovery and Resilience Plan (PRR) is allocating 60 million euros to support the installation of batteries in the electricity grid. Private renewable energy companies can apply for this funding, which covers up to 20% of project costs, with projects required to be completed within 24 months.
The Athens Stock Exchange continues its recovery, with investors pushing for an increase of over 1%, notably in the banking, Motor Oil, and ELPE sectors, following a significant previous decline.
The UK Chancellor is scheduled to meet with executives from major North Sea energy companies, including BP and TotalEnergies, to reiterate the government's commitment to ending the windfall tax.
Italian Prime Minister Giorgia Meloni held a meeting with the heads of energy companies Eni and Snam at Palazzo Chigi. Discussions focused on energy security and anti-crisis measures, analyzing the impact of ongoing hostilities on the energy market and economy.