Business

Total's profits surge past pre-pandemic levels

French energy giant Total posted a sharp increase in quarterly profits on Thursday, outstripping pre-pandemic levels as oil prices rebounded from the doldrums of the coronavirus crisis.

Energy & Green Tech

Recharged: Energy seen as big winner after disastrous 2020

Energy companies spent the first quarter of 2021 recharging from a draining year. Wall Street expects that growth to continue as energy companies and many of the other companies beaten down by the virus benefit from the vaccine ...

Automotive

Stellantis CEO says 4th largest carmaker to be disruptive

Stellantis CEO Carlos Tavares on Wednesday said the new car company formed from the merger of Fiat Chrysler Automobiles and PSA Peugeot would be a "disruptive" force in the industry, and that both sides would provide technologies ...

Energy & Green Tech

Green-oriented NextEra nears ExxonMobil in market value

In a sign of shifting fortunes in the energy business, green-oriented power company NextEra Energy on Friday sparred with petroleum giant Exxon Mobil for market capitalization supremacy.

Energy & Green Tech

Flexible power consumption for production facilities

The volatile output of electricity from wind farms and photovoltaic plants can pose a real headache for energy companies. This is because of the need to maintain a stable supply of power at all times, even when such facilities ...

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