March
Borouge shareholders approve $1.3 billion dividend for 2023
Borouge Plc, a leading petrochemicals company that provides innovative and differentiated polyolefins solutions, on Friday confirmed shareholder approval of a $650 million (7.94 fils/share) final 2023 cash dividend at its Annual General Meeting (AGM).
Keeping Standby German Coal Plants Is Too Costly, Says Operator
A coal plant operator in Germany has warned that it’s unprofitable to put power stations on standby to help keep the lights on for the next few years, as requested by the nation’s regulator.
Neoen Said to Study Raising €1 Billion From Australia Stake Sale
French renewable energy developer Neoen SA is considering selling a 30% stake in its Australian unit to raise more than €1 billion ($1.1 billion) to fund its growth in the country, according to people familiar with the matter.
