For the second year in a row, low water levels have led to a decline in profits at Hydro-Québec, the utility said Thursday as it reported net income of $2.663 billion in 2024. A lack of snow in 2023, ...

Norwegian industrial group Norsk Hydro's governing Corporate Assembly expressed confidence in the company’s board of directors, but said chief executive Eivind Reiten would renounce half of a payment ...

Norwegian Prime Minister Jens Stoltenberg said today that the government would leave it up to the board of Norsk Hydro to decide on whether chief executive Eivind Reiten should continue to serve.

OSLO, July 31 (Reuters) - Norwegian industrial group Norsk Hydro ASA defended its actions and chief executive on Tuesday in a row over a payout to top managers which has triggered a government probe.