Europe
EU’s Costa Says Russian LNG Phase-Out Makes Room for US Supplies
The European Union’s imminent release of a road map for phasing out Russian fossil fuel purchases will signal to companies that they should source more liquefied natural gas from the US, according to European Council President Antonio Costa.
Siemens Energy Sees Profit Boost From Rising Grid, Turbine Sales
Siemens Energy AG shares jumped the most in five months after the company substantially raised its sales and profit outlook for the year on growing demand for gas turbines and grid technologies.
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