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US natural gas stockpiles seen up 82 bcf last week

POLL-US natural gas stockpiles seen up 82 bcf last week Repeats item that first ran on Wednesday Oct 30 (Reuters) - U.S. utilities likely added a larger-than-usual 82 billion cubic feet (bcf) of natural gas into storage last week as mild weather kept heating demand low, according to the average estimate in a Reuters poll on Wednesday. That compared with an injection of 77 bcf during the same week a year ago and a five-year (2019-2023) average increase of 67 bcf for this time of year.
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Engie to provide Meta with 260 MW of energy from US solar plant

UPDATE 1-Engie to provide Meta with 260 MW of energy from US solar plant Adds detail throughout Oct 31 (Reuters) - Facebook owner Meta Platforms META.O will buy all the output of Engie's ENGIE.PA planned U.S. Sypert solar power plant, the French utility said on Thursday, in line with attempts to use renewable sources to cover a data-led surge in demand.
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Engie to provide Meta with 260 MW of renewable energy from US solar plant

Engie to provide Meta with 260 MW of renewable energy from US solar plant Oct 31 (Reuters) - Engie ENGIE.PA has signed a deal with Facebook owner Meta Platforms META.O for the U.S. social media group to buy 100% of the output from its U.S. Sypert solar power plant, the French utility said on Thursday. The plant is expected to start operating in late 2025, Engie said.
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Morocco, Veolia sign preliminary agreement to develop desalination project

Morocco, Veolia sign preliminary agreement to develop desalination project RABAT, Oct 29 (Reuters) - Morocco and Veolia VIE.PA signed a memorandum of understanding to exclusively develop a desalination project that would be the largest in Africa and second-largest in the world, the energy group said on Tuesday. The plant, to be located near Rabat, would be constructed, financed and operated by Veolia for 35 years and would be intended to cover the water consumption needs of 9.3 million people, t
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Engie and Morocco's OCP renewables deal worth billions, says source

Engie and Morocco's OCP renewables deal worth billions, says source Agreement part of Moroccan hydrogen hub plans Includes renewables, storage, green ammonia Engie targets first FID in 2026 OCP's green budget is $13 billion through 2027 By Ahmed Eljechtimi and America Hernandez RABAT/PARIS, Oct 29 (Reuters) - Morocco's phosphates and fertilizer giant OCP and French energy firm Engie ENGIE.PA signed a preliminary agreement on Monday for projects that could generate investments in Morocco worth up
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Engie Signs Partnership With OCP Group

BRIEF-Engie Signs Partnership With OCP Group Oct 29 (Reuters) - Engie SA ENGIE.PA : WITH OCP GROUP SIGNS PARTNERSHIP TO ACCELERATE ENERGY TRANSITION OF OCP GROUP'S ECOSYSTEM Source text: https://shorturl.at/oFLHG Further company coverage: ENGIE.PA (Gdansk Newsroom)
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France's Macron, Moroccan king cement reconciliation with business deals

France's Macron, Moroccan king cement reconciliation with business deals By Michel Rose and Ahmed Eljechtimi RABAT, Oct 28 (Reuters) - Morocco agreed to buy high-speed trains from French company Alstom ALSO.PA on Monday, one of a series of business deals signed during President Emmanuel Macron's state visit to the kingdom as the two countries turn the page on years of diplomatic tensions.
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Anglo American, Munich Re, Stora Enso Oyj

EUROPE RESEARCH ROUNDUP-Anglo American, Munich Re, Stora Enso Oyj Oct 25 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Anglo American, Munich Re and Stora Enso Oyj , on Friday. HIGHLIGHTS * Anglo American Plc AAL.L : HSBC cuts target price to 2150p from 2200p * Brooks MacDonald Group Plc BRK.L : Peel Hunt cuts to add from buy * DSV DSV.CO : HSBC raises to buy from hold * Munich Re MUVGn.DE : Berenberg cuts to hold for buy * Stora
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US natural gas stockpiles seen up 60 bcf last week

RPT-POLL-US natural gas stockpiles seen up 60 bcf last week Repeats POLL originally published on Oct 23, no changes. Oct 23 (Reuters) - U.S. utilities likely added a smaller-than-usual 60 billion cubic feet (bcf) of natural gas into storage last week, according to the average estimate in a Reuters poll on Wednesday. That compared with an injection of 81 bcf during the same week a year ago and a five-year (2019-2023) average increase of 76 bcf for this time of year.
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Adecco, Bodycote, LVMH

EUROPE RESEARCH ROUNDUP-Adecco, Bodycote, LVMH Oct 23 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adecco, Bodycote and LVMH, on Wednesday. HIGHLIGHTS * Adecco ADEN.S : Deutsche Bank raises to buy from hold * Bodycote Plc BOY.L : JP Morgan cuts target price to 670p from 750p * DNB Bank ASA DNB.OL : JP Morgan raises target price to NOK 230 from NOK 220 * Fabege AB FABG.ST : Kepler Cheuvreux raises to buy from hold * LVMH LVMH.PA
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French gas supplies sufficient for cold winter, say grid operators

French gas supplies sufficient for cold winter, say grid operators By Forrest Crellin PARIS, Oct 23 (Reuters) - France has enough gas to handle an extremely cold winter, helped by imports from other European countries, though demand saving measures are still recommended for residential consumers, gas grid operators GRTgaz and Terega said on Wednesday.
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Eletrobras, Ocean Winds agree to assess offshore wind projects in Brazil

Eletrobras, Ocean Winds agree to assess offshore wind projects in Brazil SAO PAULO, Oct 22 (Reuters) - Brazilian power firm Eletrobras ELET3.SA has signed a memorandum of understanding with Ocean Winds to study the development of offshore wind farms in Brazil, the firms said on Tuesday in a joint statement. WHY IT'S IMPORTANT Offshore wind farms are expected to be an important technology to generate large volumes of renewable energy in Brazil in the future.
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Engie To Acquire Biomethane Production Unit In Belgium

BRIEF-Engie To Acquire Biomethane Production Unit In Belgium Oct 15 (Reuters) - Engie SA ENGIE.PA : ENGIE STRENGTHENS ITS PRESENCE IN BIOMETHANE IN EUROPE WITH THE ACQUISITION OF ITS FIRST PRODUCTION UNIT IN BELGIUM ACQUISITION WILL CONTRIBUTE TO ENGIE'S OBJECTIVE OF PRODUCING 10 TWH OF BIOMETHANE PER YEAR BY IN EUROPE Source text: https://tinyurl.
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Main spending cuts and tax increases in France's 2025 budget

FACTBOX-Main spending cuts and tax increases in France's 2025 budget PARIS, Oct 10 (Reuters) - France's government presented on Thursday its 2025 budget aimed at plugging a gaping hole in the public finances with 60 billion euros ($65.68 billion) worth of tax hikes and spending cuts. The following are the main measures: SPENDING CUTS The French government will cut 2,200 jobs.
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Utilities: after the "Big Comeback", now what?

LIVE MARKETS-Utilities: after the "Big Comeback", now what? STOXX 600 down 0.3% Oil stocks rally, Brent up $2 Airlines fall, defence rises Wall Street futures down Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com UTILITIES: AFTER THE "BIG COMEBACK", NOW WHAT?
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DB resumes coverage of European utilities with neutral sector view

BUZZ-DB resumes coverage of European utilities with neutral sector view ** Deutsche Bank says a recovery in European utility stocks has narrowed their 15% underperformance vs wider market to just 2%, leaving the broker neutral on the sector ** "The rally and modest earnings upgrades means that the sector is again closer to its long-run norm: P/E pa
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Bureau Veritas, Covestro AG, Redcare Pharmacy NV

EUROPE RESEARCH ROUNDUP-Bureau Veritas, Covestro AG, Redcare Pharmacy NV Oct 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bureau Veritas, Covestro AG and Redcare Pharmacy NV, on Wednesday. HIGHLIGHTS * British Land BLND.L : Deutsche Bank raises to buy from hold * Bureau Veritas BVI.PA : JP Morgan cuts to neutral from overweight * Covestro AG 1COV.DE : Jefferies cuts to hold from buy * Redcare Pharmacy NV RDC.DE : HSBC raises t
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French Prime Minister vows to continue with investments in nuclear energy

French Prime Minister vows to continue with investments in nuclear energy PARIS, Oct 1 (Reuters) - France will pursue making investments in the nuclear energy sector, including new EPR reactors, French Prime Minister Michel Barnier said in a keynote speech to parliament on Tuesday. "We will be resolute in our pursuit of developing nuclear energy, especially regarding new reactors and renewable energy," said Barnier.
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch Oct 1 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. ALTAREA IMAF.PA The property developer completed a 300 million euro ($334.23 million) bond issue. CASINO CASP.PA The supermarket chain will present a new strategy in November.
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Engie To Build And Operate Around 1,000 KM Of Transmission Lines In Brazil

BRIEF-Engie To Build And Operate Around 1,000 KM Of Transmission Lines In Brazil Sept 30 (Reuters) - Engie SA ENGIE.PA : ENGIE WINS NEW CONCESSION TO BUILD AND OPERATE AROUND 1,000 KM OF TRANSMISSION LINES IN BRAZIL THE WINNING BID FOR LOT 1 OFFERED A FINAL ANNUAL ALLOWED REVENUE OF R$ 252.2 MILLION Source text for Workspace: ID:nNDL42Nkw6 Further
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