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Energy sector

  • Wednesday, 2 October, 2024
    TotalEnergies
    TotalEnergies warns it will curb UK investment over windfall tax

    Patrick Pouyanné says he has been ‘arguing’ with the Labour government over plans to increase the levy

    Patrick Pouyanné speaks at an event
  • Wednesday, 2 October, 2024
    Shale Oil & Gas
    Top shale boss says US ‘unusually vulnerable’ to Middle East oil shock

    Harold Hamm blames Joe Biden for decision to drain strategic petroleum reserve in recent years

    Harold Hamm speaking during an interview in his office in Oklahoma City
  • Wednesday, 2 October, 2024
    Oil
    Oil prices climb as Iran missile attack prompts supply fears

    Barrage sends Brent crude up amid concerns of wider war in critical energy region

    Projectiles fly over the Upper Galilee, northern Israel
  • Wednesday, 2 October, 2024
    Sellafield Ltd.
    Sellafield nuclear waste site fined £332,500 for cyber security breaches

    Operator of Europe’s largest nuclear waste dump fined after pleading guilty in June to ‘serious’ cyber security failings

    An aerial photograph showing the Sellafield nuclear processing site in Cumbria, UK
  • Wednesday, 2 October, 2024
    Moral Money
    What is the $100bn Asian Infrastructure Investment Bank funding? Premium content

    A conversation with Jin Liqun, head of the fast-growing lender

    A portrait of Jin Liqun at the AIIB’s offices in Beijing
  • Tuesday, 1 October, 2024
    Chinese business & finance
    Chinese outbound investment surges to record on clean energy ‘tsunami’

    Beijing’s booming green tech sector is increasingly driving FDI flows into global markets

    Wind turbines across a snow-covered mountain landscape in Yichang, China
  • Tuesday, 1 October, 2024
    LexAbu Dhabi National Oil Co
    Adnoc’s cash has good chemistry with struggling German industry Premium content

    Deal may provide a test case for other Middle Eastern investors scouring the world for opportunities

    Large cylindrical storage tanks at the Covestro chemical park in Dormagen, Germany.
  • Tuesday, 1 October, 2024
    Energy Source
    Nigeria’s Dangote refinery reignites debate over petrol subsidies Premium content

    The country’s new ‘single train’ facility has started producing the fuel, making it locally available

    Cars queue to buy petrol at a NNPC petrol station
  • Tuesday, 1 October, 2024
    LexMining
    Like it or not, miners are still a China proxy

    A jump in shares shows how the sector’s fortunes are tied to the prospects of the world’s second-largest economy

    Steel at a stockyard
  • Tuesday, 1 October, 2024
    Abu Dhabi National Oil Co
    Abu Dhabi targets largest-ever foreign takeover with €14.7bn offer for Germany’s Covestro

    Adnoc seeks to acquire chemicals groups as it prepares for a world less reliant on oil as a fuel

    A Covestro employee checks a tank for carbon dioxide in Dormagen, Germany
  • Tuesday, 1 October, 2024
    UK business
    Surge in water bills sparks business backlash

    Increase of 27% set out by Ofwat in letter fuels complaints from industries facing far higher costs

    Water running from a tap in a bathroom
  • Monday, 30 September, 2024
    Lithium
    CME expands lithium futures battle with LME as battery demand soars

    US futures exchange launches contracts for raw material used in electric vehicle chargers

    Montage of CME logo and CME logo on the screen of a mobile phone
  • Monday, 30 September, 2024
    War in Ukraine
    Ukrainian energy minister censured over response to power grid attacks

    Critics say decentralised stations are cheaper and less vulnerable than government’s preference for large nuclear reactors

    A power transformer in Kyiv
  • Monday, 30 September, 2024
    Rio Tinto PLC
    Rio Tinto chief urges western governments to speed up clean energy transition

    US’s IRA programme yet to have ‘significant impact’, says Jakob Stausholm as he opens London Metal Exchange week

    Jakob Stausholm
  • Monday, 30 September, 2024
    LexRenewable energy
    AI is fuelling an Asia grid investment boom Premium content

    Energy storage solutions will become increasingly lucrative as renewable capacity continues to grow

    Wind turbines next to a solar farm in Wales
  • Monday, 30 September, 2024
    Copper
    Copper producers issue fresh warnings about price volatility

    Antofagasta chief says there is a ‘disconnect’ between government policies and growing demand for red metal

    Workers washing copper cathodes at a plant in the El Abra copper mine in Chile
  • Monday, 30 September, 2024
    EU energy
    EU joint gas-buying effort fails to ignite market

    Tool to harness bloc’s buying power led to contracts for just 2% of potential demand, say people with access to data

    A compressor station of the Jagal natural gas pipeline stands near Mallnow, Germany
  • Monday, 30 September, 2024
    News in-depthUK energy
    Fossil fuel projects face higher bar in UK as legal challenges mount

    Planning officials now need to consider emissions produced when customers use oil and gas before they grant permission

    Montage shows protester holding a “Stop Rosebank” sign against a backdrop of declining oil data
  • Monday, 30 September, 2024
    Nuclear energy
    Peter Thiel’s Founders Fund backs nuclear fuel start-up

    Incubation effort comes as Big Tech looks to atomic energy to meet soaring power demand for AI race

    The Three Mile Island nuclear plant is seen across the river. The plant features four large cooling towers with red lights. A small boat with two people on board is visible on the river in the bottom right corner.
  • Monday, 30 September, 2024
    A.P. Møller Holding A/S
    AP Møller Holding throws weight behind cutting fossil fuel plastic production

    Maersk family investment group to develop €1.5bn factory in attempt to crack one of biggest climate challenges

    A section of the production facilities at plastic manufacturer Berry Global in Lawrence, Kansas
  • Monday, 30 September, 2024
    InterviewGreg Jackson
    Octopus Energy CEO: ‘Most entrepreneurs are not lovers of risk. They’re lovers of control’

    New competitor has shaken up UK market with a focus on technology but price spikes this winter could bring challenges

    Greg Jackson
  • Sunday, 29 September, 2024
    Climate change
    US climate change targets threatened by tech energy surge from AI

    Lack of grid capacity proves significant constraint in green energy transition as demand booms

    People at Climate Week NYC
  • Sunday, 29 September, 2024
    News in-depthUK energy
    Birdlife threat blows Scotland’s offshore wind plans off course

    Energy giant says delays in receiving consent are barrier to progress as politicians and campaigners warn of environmental impacts

  • Saturday, 28 September, 2024
    Vitol Group
    Vitol-owned UK power group enjoys profit surge on market disruption

    VPI profits soar as company owned by world’s largest commodity trader continues to benefit from 2022 energy crisis

    VPI Immingham power station
  • Friday, 27 September, 2024
    Moral Money
    Green campaigners lambast UN climate summit hosts for clinging to fossil fuels Premium content

    Also in today’s newsletter, an interview with the chief executive of ESG darling Schneider Electric

    The COP29 climate conference countdown clock on September 11 showing 61 days until the UN climate summit
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