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Europe's power giants send mixed messages on future of natural gas spglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from spglobal.com Daily Mail and Mail on Sunday newspapers.
Up Next How one of Europe s dirtiest utilities is planning to decarbonize . Most of Europe s major utilities have joined the race to net-zero, shedding their most polluting power plants and setting targets to reduce their carbon footprints. An S&P Global Market Intelligence analysis shows that all but three of the 22 largest power and gas utilities on the continent have now set net-zero emissions targets, and many have already made significant strides toward achieving them. But despite this progress, many of the companies still carry carbon-intensive business profiles. Direct emissions from the five biggest polluters in the sector are larger than those of Italy, the world s eighth-largest economy. ....
Pennon Upgraded at Barclays on Sector-Leading Returns, Valuation leaderpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leaderpost.com Daily Mail and Mail on Sunday newspapers.
Analyst Dominic Nash from Barclays research considers the stock attractive and recommends it with a Buy rating. The target price continues to be set at EUR 42. | February 15, 2021 ....
- A federal court rejected a bid from Indigenous tribes to halt the construction of Enbridge’s (NYSE: ENB) Line 3 pipeline. - Tuesday, February 9, 2021 Brent topped $60 per barrel on Monday, hitting a fresh high. OPEC+ cuts combined with enhanced expectations of U.S. economic stimulus pushed crude oil up. The market continues to tighten. “Support seems robust and the narrative sees the oil market swiftly burning through the remaining crisis-surplus, potentially running into tightness later this year,” Norbert Rücker, an analyst at Swiss bank Julius Baer, told Reuters. Could oil hit $100? Oil prices could go as high as $100 a barrel next year on the back of “very easy monetary policy” and reflation trade, Amrita Sen, chief oil analyst at Energy Aspects, told Bloomberg in an interview. ....