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Energy companies expect record profits again as strained supplies lift oil and gas prices

Energy industry earnings likely more than tripled in the second quarter, as companies hauled in record revenue due to high oil and gas prices. “This quarter is going to be a blowout,” said Stewart Glickman, energy analyst at CFRA. The two biggest US energy companies, Exxon Mobil and Chevron, are reporting on Friday. Analysts say …

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Europe’s energy giants explore potential of floating solar

Floating solar panels in the Netherlands. A number of major energy firms are looking into the potential of combining floating solar with other energy sources. Mischa Keijser | Image Source | Getty Images German energy firm RWE is to invest in a pilot project centered around the deployment of floating solar technology in the North …

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