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By Bianca Flowers (Reuters) – Carmaker Stellantis will require union employees to work mandatory overtime at its Warren Truck assembly and Jefferson North factory in Michigan, to boost Jeep SUV production ahead of a potential strike deadline in September, according to a document shared with Reuters. Stellantis told workers at both facilites the plants will …

Stellantis puts Michigan plants in ‘critical status’ ahead of union talks Read More »

(Reuters) – Siemens AG said on Wednesday it would transfer a 6.8% stake in Siemens Energy AG to the Siemens pension fund, strengthening the conglomerate’s pension assets in Germany. The move will reduce Siemens’s investment in Siemens Energy to 25.1% from 31.9%. “This is a first and visible step, we intend to further reduce the …

Siemens moves stake in Siemens Energy to its pension fund Read More »

OSLO (Reuters) – Three Norwegian labour unions have agreed to a wage deal with the owners of floating offshore oil drilling rigs, preventing the outbreak of strike action that would have disrupted exploration, the unions said late on Wednesday. The deal between the Norwegian Shipowners’ Association and the Industri Energi, Safe and DSO labour unions …

Norway oil drilling companies, unions agree wage deal, averting strike action Read More »

ROME (Reuters) – Italy’s Environment and Energy Minister Gilberto Pichetto Fratin said on Wednesday that deliveries by ship of liquefied natural gas (LNG) were a reliable source of energy that could cover 50% of the country’s gas needs. Italy’s gas supplies came mainly from Russia prior to last year’s invasion of Ukraine, with imports from …

Italy energy minister sees LNG terminals covering 50% of gas needs – paper Read More »

PARIS (Reuters) – French power utility EDF said on Wednesday that it would solve any issues arising from turbine problems at German supplier Siemens Energy. Siemens has warned that quality problems with its turbines will take years to resolve. “EDF Renewables works with several qualified suppliers, which allows the company to choose its equipment at …

EDF Renewables says it is resilient to turbine problems Read More »

LONDON (Reuters) – Britain’s communications regulator Ofcom said on Wednesday it had launched an investigation into BT following a nationwide disruption to emergency call services on June 25. “Our investigation will seek to establish the facts surrounding the incident and examine whether there are reasonable grounds to believe that BT has failed to comply with …

UK’s Ofcom investigates BT following emergency call disruptions Read More »