With ‘outstanding’ financial results in 2023, Prysmian increases its decarbonization ambition

(Offshore-energy.biz) Italian cabling giant Prysmian in 2023 delivered what it says was a “remarkable performance” with “outstanding” financial results, record backlog in Transmission, as well as increased 2030 emission reduction ambition. For the financial year 2023, Prysmian’s adjusted EBITDA rose by 9.4% to €1,628 million, with improving margins at 10.6% compared to 9.3% in 2022 – a year that Prysmian... Continue Reading →

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Exxon Mobil CEO says not trying to acquire Hess

 (Reuters) - Exxon Mobil(XOM.N), opens new tab CEO Darren Woods on Monday said his company is trying to secure preemption rights over Hess Corp (HES.N), opens new tab's Guyana assets in its dispute with Chevron (CVX.N), opens new tab, not buy the company itself. In his first public remarks on the company's pursuit of an arbitration case that could block... Continue Reading →

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Petrobras on extraordinary dividends controversy

Petróleo Brasileiro S.A. – Petrobras, regarding the article "Controversy puts dialogue between Petrobras and the market in check", published in Valor Econômico this Friday, reiterates that the company did not promise or signal a direction for extraordinary dividends at an event with analysts and investors, as already disclosed in a release on March 12. Petrobras... Continue Reading →

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