Saturday, October 19, 2024
Siemens Energy shares hit record low as sell-off continues- oil and gas 360

Siemens Energy shares hit record low as sell-off continues

Nasdaq FRANKFURT, Jan 24 – Shares in Siemens Energy ENR1n.DE hit a record low on Monday as a sell-off triggered by problems at its wind power division Siemens Gamesa SGREN.MC continued following a HSBC downgrade. Siemens Energy’s stock fell as much as 6.9% to 17.805 euros per share, its lowest since the company was spun off from former parent Siemens AG SIEGn.DE and listed separately

Eni’s Var Energi plans IPO in bet on strong future for natural gas- oil and gas 360

Eni’s Var Energi plans IPO in bet on strong future for natural gas

World Oil (Bloomberg) –Eni SpA’s Norwegian joint venture, Var Energi AS, will apply for an initial public offering in Oslo on a bet there’s still investor demand for shares in oil and gas companies in Europe.   The company is considering seeking a valuation of about $10 billion in the listing, people familiar with the plan said, cautioning the target

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