industryterm:energy firms

Germany’s Schroeder Confirmed as Chair of Nord Stream 2 Director Board
▻https://sputniknews.com/europe/201610051046021881-schroeder-nord-stream-chair

Former Chancellor of Germany Gerhard Schroeder has been appointed to the top post in the second pipeline consortium Nord Stream 2 AG, the company’s spokesman Jens Mueller confirmed to Sputnik on Wednesday.

The appointment was made at the end of July, he added.
[…]
The start of the construction of the Nord Stream 2 gas pipeline is planned for 2018. It aims to deliver up to 55 billion cubic meters of natural gas from Russia to Germany annually via the Baltic Sea. Russian energy giant Gazprom has a shareholder agreement to extend the existing Nord Stream with partner European energy firms.

State-run energy firms sustain record losses
▻http://www.todayszaman.com/business_state-run-energy-firms-sustain-record-losses_390884.html

energy firms tied to the Energy Ministry sustained record losses in 2014, according to recently released 2014 activity reports from state firms.

The Electricity Generation Holding Company (EÜAŞ) brought in TL 2.3 billion in profits in 2013, but lost TL 2.5 billion last year, while the Turkish Pipeline Corporation (BOTAŞ) reported losses of TL 587 million after having brought in TL 1.5 billion in profits during 2013.

The Turkish Coal Enterprises (TKİ) sustained TL 43 million in losses while the Turkish Hard Coal Enterprises (TTK) reported a TL 580 million setback.

Reports indicated that the state firms were generally plagued by improper energy policies and the drawbacks of a pre-election economy. A number of major state-run energy firms have yet to release their reports.

At least 10 firms bid for Israel-Turkey gas pipeline: Report - ENERGY
▻http://www.hurriyetdailynews.com/at-least-10-firms-bid-for-israel-turkey-gas-pipeline-report.aspx?

At least 10 companies, including two Turkish energy firms, have presented offers in the tender for the exporting of natural gas from Israel’s Leviathan gas field to Turkey through a pipeline, an Israeli daily reported.

#Gaz
#Turquie
#Israel

Message des #banques : “si on prend les mesures nécessaires pour s’opposer au désastre climatique, notre valeur boursière risque de s’effondrer”

Climate action could halve energy firms’ worth - bank — The Daily Climate
▻http://wwwp.dailyclimate.org/tdc-newsroom/2013/02/energy-reserve-economics

Oil and gas multinationals could lose up to 60 percent of their market value if the world cuts its carbon emissions to limit climate change, according to the world’s second-largest bank.
The study, Oil and Carbon Revisited: Value At Risk From ’Unburnable’ Reserves, is published by HSBC Global Research.

#finance #climat

This is the first time the financial sector has been warned by one of its own that shares could plummet if the necessary action is taken to prevent disaster.

Study: Pennsylvania #energy firms paid less in #taxes than they said they did - Philly.com
►http://articles.philly.com/2011-04-27/news/29478685_1_largest-gas-producing-state-marcellus-shale-coalition-ta

a study by a liberal-leaning think tank says big energy companies, including drillers, paid less in state and local taxes than the industry has claimed.

The study issued Tuesday by the Pennsylvania Budget and Policy Center said 2008 data from the state Department of Revenue show the industry paid $38.8 million in state business taxes that year. That figure includes $17.8 million in corporate net-income taxes.

That is below the industry’s claims that Marcellus Shale drillers yielded about $1 billion in state and local tax revenue, said Sharon Ward, director of the Harrisburg-based center.

#uncut