Demand for affordable electric vehicles is soaring in Europe as the fuel price increases caused by the Middle East conflict spur lower-income households to go green.
Mexico is planning to invest 140 billion pesos ($8.1 billion) in new gas pipelines over the next four years, the latest step in President Claudia Sheinbaum’s plan to boost the country’s power generation.
Engie SA reported lower first-quarter earnings after a warm winter cut gas demand in France, while nuclear power sales were squeezed by the shutdown of reactors in Belgium.
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