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A service for energy industry professionals · Wednesday, August 10, 2022 · 585,450,138 Articles · 3+ Million Readers
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E.ON News Monitoring

  • Published on 10:36 GMT

    E.ON more than halves value of Nord Stream 1 stake as uncertainty grows

    Empty seats are seen before the annual meeting of German utility giant E.ON in Essen, Germany May 7, 2015. REUTERS/Ina Fassbender Register now for FREE unlimited access to Reuters.com Register FRANKFURT/DUESSELDORF, Aug 10 (Reuters) - E.ON (EONGn. …

    Source: Reuters - Neutral
  • Published on 08:55 GMT

    E.ON slashes value of investment in Nord Stream 1 by almost £600m

    The energy network operator E.ON has slashed the value of its investment in the Nord Stream 1 gas pipeline by about €700m (£592m), as a result of “increased uncertainties” following Russia’s invasion of Ukraine. The German utility firm had said in March …

    Source: The Guardian - Center-left
  • Published on 19:24 GMT

    E.ON SE (EONGY) CEO Leonhard Birnbaum on Q2 2022 Results - Earnings Call Transcript

    E.ON SE (OTCPK:EONGY) Q2 2022 Earnings Conference Call August 10, 2022 6:00 AM ET Company Participants Verena Nicolaus-Kronenberg - Head of IR Leonhard Birnbaum - CEO and Chairman of the Management Board Marc Spieker - CFO and Member of Management Board …

    Source: Seeking Alpha - Neutral
  • Published on 16:16 GMT

    E.ON reveals profits of £3.5bn as households struggle with rising energy bills - and German firm slashes its Nord Stream ...

    E.ON reveals profits of £3.5bn as households struggle with rising energy bills - and German firm slashes its Nord Stream 1 stake by 50% Energy firm E.ON said its 15.5% holding in Nord Stream 1 was now worth €500m The German company saw first-half adjusted …

    Source: This Is Money - Neutral
  • Published on 17:11 GMT

    E.ON: Downside Already Priced In

    Teka77 This year, we already covered E.ON twice (OTCPK:EONGY). In our initiation of coverage (before Ukraine's invasion from Russia), we emphasized the long-term prospect of the German transmission provider. We were positive on higher CAPEX …

    Source: Seeking Alpha - Neutral
  • Published on 18:09 GMT

    E.On writes down value of Nord Stream stake

    German utility E.On has cut the value of its stake in the Nord Stream 1 gas pipeline by about €700 million ($715 million) amid “heightened uncertainty” over the impact of Russia’s war on Ukraine. The company, Europe’s largest energy network operator, said …

    Source: Upstream - Neutral
  • Published on 16:51 GMT

    African e-commerce firm Jumia says it is past peak losses, shares jump

    A woman walks outside an Africa-focused tech startup Jumia Technologies, pickup station in downtown central business district in Nairobi, Kenya November 16, 2021. REUTERS/Monicah Mwangi Register now for FREE unlimited access to Reuters.com Register Aug …

    Source: Reuters - Neutral
  • Published on 16:39 GMT

    UK ministers row back from extending windfall tax on energy firms

    Ministers are rowing back from threatening energy companies with a bigger windfall tax, after Liz Truss and her ally Kwasi Kwarteng made plain they would not support this option. Nadhim Zahawi, the chancellor, and Kwarteng, the business secretary, will …

    Source: The Guardian - Center-left
  • Published on 17:38 GMT

    Sentence of American Lawyer Held in U.A.E. Is Overturned

    CAIRO — An American lawyer imprisoned in the United Arab Emirates since mid-July is expected to be released after his sentence was overturned by an Emirati court, reversing a punishment that raised alarm that he was being targeted for political reasons. …

    Source: The New York Times - Center-left
  • Published on 19:06 GMT

    The Boy Bosses of Silicon Valley Are on Their Way Out

    Leaving as billionaires, they have emanated Silicon Valley’s relentless positivity. Pinterest “is just getting started,” Airbnb “is in the best hands it’s ever been in” and Instacart has a “enormous opportunity ahead,” the founders wrote. Both Mr. Mehta …

    Source: The New York Times - Center-left
  • Published on 11:54 GMT

    Huda Beauty’s ‘beautiful’ #FauxFitler Luminous Matte Concealer has gone viral on TikTok

    Priced at £24 and available in 29 different shades, the latest beauty product from Huda Beauty has had over 11,000 posts online and more than 250 million impressions! Get your hands on one whilst you can... WOAH! With an extra large, doe foot applicator - …

    Source: Daily Mirror - Left-wing
  • Published on 16:40 GMT

    Bicycle company offers Londoners free bikes on tube strike days

    Sign up to Simon Calder’s free travel email for weekly expert advice and money-saving discounts Get Simon Calder’s Travel email A bike company is helping Londoners avoid commuter chaos by offering them a free bike on the tube strike days. During the …

    Source: The Independent - Center-left
  • Published on 11:52 GMT

    Come on, Bernie. Admit Joe Manchin outmaneuvered you.

    Comment on this story Comment Senate passage of the Inflation Reduction Act is a much-needed political win for President Biden and the Democratic Party. But before the multi-hundred-billion tax-health-climate package rolls through the House, en route to a …

    Source: The Washington Post - Neutral
  • Published on 06:23 GMT

    E.ON Cuts Value of Stake in Nord Stream Pipeline

    E.ON SE on Wednesday said that it has cut the value of its stake in the Nord Stream pipeline amid increased uncertainties due to the war in Ukraine. The Austrian oil-and-gas major said the valuation of this investment held in pension plan assets at June 30 …

    Source: MarketWatch - Neutral
  • Published on 05:40 GMT

    E.ON H1 Profit Down, Sales Climb; Reaffirms FY22 Outlook - Quick Facts

    German electric utility E.ON AG (EONGY.PK) reported Wednesday that its first-half profit attributable to shareholders declined 11 percent to 2.26 billion euros from 2.55 billion euros last year. Earnings per share were 0.87 euro, down from 0.98 euro a year …

    Source: RTTNews - Neutral
  • Published on 05:36 GMT

    E.ON Backs 2022 View

    By Giulia Petroni E.ON SE said Wednesday that profit dipped in the second quarter but confirmed the outlook for the full year. The German utility company said it booked a quarterly net profit of 1.43 billion euros ($1.46 billion), down from EUR1.75 billion …

    Source: MarketWatch - Neutral
  • Published on 09:21 GMT

    Martin Lewis' MSE issues urgent update on whether you should fix your energy bill now

    MoneySavingExpert explained how someone with typical use will be paying around 96% more over the next year for their energy bills compared to now - this is roughly the figure you should take into account when deciding to fix Martin Lewis' …

    Source: Daily Mirror - Left-wing
  • Published on 05:19 GMT

    E.ON cuts value of Nord Stream 1 stake by more than half

    FRANKFURT (Reuters) – E.ON, Europe’s largest operator of energy networks, on Wednesday cut the value of its stake in the Nord Stream 1 gas pipeline by around 700 million euros ($715 million), citing “heightened uncertainty” over the impact of Russia’s war …

    Source: KFGO - North Dakota - Neutral
  • Published on 10:09 GMT

    SoftBank to book $34 billion gain on Alibaba shares; reduce stake to 14.6%

    TOKYO :SoftBank Group Corp on Wednesday said it will book an estimated gain of 4.6 trillion yen ($34.08 billion) on settling prepaid forward contracts using shares in Alibaba Group Holding, reducing its stake to 14.6 per cent from 23.7 per cent. The …

    Source: Channel News Asia - Neutral

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