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Energy sector

  • Monday, 7 October, 2024
    Utilities
    Tennet taps bankers for potential €20bn German power grid IPO

    Dutch government explores listing or sale of German unit after failed sale to Berlin

    The land station of Tennet at de Maasvlakte
  • Monday, 7 October, 2024
    Eurasian Natural Resources Corporation
    SFO and ENRC give themselves a day to settle legal battle

    UK agency has been found liable for mis-steps in decade-long probe of Kazakh mining group

    A copper mine operated by ENRC in the Democratic Republic of Congo
  • Monday, 7 October, 2024
    Equinor ASA
    Norway’s Equinor takes 10% stake in renewables group Ørsted

    Company becomes second-largest shareholder in world’s biggest offshore wind farm developer behind Danish government

    A drone transports a red cargo box near a large offshore wind turbine
  • Monday, 7 October, 2024
    News in-depthIrish economy
    Ireland struggles to consolidate role as data centre hub

    Dublin goes from ‘leader to flounderer’ as planning and energy supply problems lead tech groups to invest elsewhere

    The Equinix DB5 Data centre campus in Dublin, Ireland
  • Monday, 7 October, 2024
    Rio Tinto PLC
    Rio Tinto in talks to buy Arcadium Lithium

    Deal would make miner one of world’s largest producers of key battery material

    A worker wearing a Rio Tinto hard hat and orange safety vest examines trays of cylindrical jadarite rock samples using a green spray bottle at the Rio Tinto Group research center in Loznica, Serbia
  • Monday, 7 October, 2024
    John Kerry
    Kerry joins Steyer fund making push into green investment

    Former US secretary of state and climate envoy becomes co-executive chair of Galvanize Climate Solutions

    Tom Steyer and John Kerry
  • Monday, 7 October, 2024
    Southern Water PLC
    Southern Water seeks to borrow nearly £4bn from investors

    Utility’s investment-grade rating and debt covenants have come under pressure amid Thames Water crisis

    The logo of Southern Water seen through a glass of water
  • Sunday, 6 October, 2024
    UK energy
    UK power market reforms pose danger to industry and investment, ministers told

    Trade lobby groups warn that proposals for regional pricing risk ‘deindustrialisation’ and higher costs

    Power pylons and wind turbines
  • Sunday, 6 October, 2024
    News in-depthCoal
    Indonesia’s coal producers diversify as money for mining dries up

    Exporters turn to nickel and aluminium with international pressure mounting for country to reduce reliance on fossil fuel

    A tugboat pulls a coal barge along a river past the dome and minarets of the Islamic Centre Mosque in Samarinda, Indonesia
  • Sunday, 6 October, 2024
    UK energy
    The small Scottish loch holding an answer to how the UK could reach net zero

    Glen Earrach’s pumped storage hydro project aims to facilitate energy transition with vast ‘water battery’

    Three men wearing high-visibility vests with "Glen Earrach" printed on the back stand on a hillside, overlooking a scenic landscape at Loch nam Breac Dearga, Scotland. The view includes rolling hills, a body of water, and wind turbines in the distance under a cloudy sky.
  • Sunday, 6 October, 2024
    TotalEnergies
    TotalEnergies considers foray into copper trading, top executive says

    Comments in closed-door conference show oil groups seek to capitalise on demand for metals needed for energy transition

    An employee monitors copper cable which is rolled up before passing through a rolling mill to become cable at a manufacturer in France
  • Sunday, 6 October, 2024
    Renewable energy
    Indian companies move in as US cuts China out of its solar industry

    Washington weighs more tariffs on imports after flood of Chinese panels drove global prices to record lows

    Workers install solar panels at Adani Group’s Khavda Renewable Energy Park in Khavda, India
  • Friday, 4 October, 2024
    Oil & Gas industry
    Oil prices log biggest weekly rise in almost 2 years as Middle East tensions mount

    Brent crude up almost 10% amid speculation of Israeli or Iranian strikes on energy infrastructure

    An Islamic Revolutionary Guard Corps speedboat sails along the Persian Gulf
  • Friday, 4 October, 2024
    Thames Water
    Thames Water risks falling behind on crucial equity raise, potential investors warn

    Interested shareholders say they have been unable to access the books as troubled utility races to raise cash

    Thames Water logo on a barrier surrounding works
  • Friday, 4 October, 2024
    Oil & Gas industry
    Is the Middle East on the brink of an ‘oil war’?

    Israel is considering attacks on Iranian energy sites, for which Iran might then retaliate, affecting global supplies

    Flames and thick black smoke rise from an oil refinery in Birjand, Iran
  • Friday, 4 October, 2024
    Middle East war
    Oil surges after Biden comments on Israeli retaliation

    US officials believe response to Iranian strike will be measured enough to avoid escalation

    US President Joe Biden departs the White House in Washington on October 3
  • Friday, 4 October, 2024
    Gillian Tett
    Stopping the great AI energy squeeze will need more than data centres

    Innovative solutions require joined up government, which is currently in short supply

    Illustration of the Amazon logo (curved arrow running from left to right) as the stalk of a green four-leaf clover
  • Friday, 4 October, 2024
    LexBatteries
    Battery storage funds have gone flat for investors

    Rollout of clean energy technology has been fraught

    Battery units at a battery energy storage system
  • Thursday, 3 October, 2024
    Carbon capture and storage
    UK pledges £22bn in funding for carbon capture and storage projects

    Three sites are earmarked for development but prospects for five more have become unclear

    The HyNet carbon capture and storage project
  • Thursday, 3 October, 2024
    The FT ViewThe editorial board
    Britain’s farewell to the power of King Coal

    The UK’s journey to low-carbon electricity is a case study for others

    A general view of Ratcliffe On Soar power station
  • Thursday, 3 October, 2024
    Anglo American PLC
    Anglo American chief says not ‘inevitable’ buyer will emerge after group slims down

    Wanblad plays down prospects of new bid after failed BHP takeover attempt

    AWorker outside a De Beers mining site.
  • Thursday, 3 October, 2024
    FT Moral Money Forum
    Can transition finance get us to a greener future?

    Helping investors navigate the complexities behind decarbonising hard-to-abate industries will be essential, given the need to attract more capital

  • Thursday, 3 October, 2024
    Suzanne Clark
    The US needs to act to avoid Eurosclerosis

    Draghi’s report holds lessons for America on the dangers of overregulation

    Mario Draghi, former president of the European Central Bank
  • Thursday, 3 October, 2024
    Libya
    Libya restarts oil production after political crisis

    Resumption following factional power struggle helps allay concerns over potential disruption from Middle East conflict

    Oil storage tanks in Zawiyah, Libya
  • Thursday, 3 October, 2024
    Energy Source
    What a Middle East oil price shock could mean for US consumers Premium content

    A worst-case scenario for the market could send prices spiralling into the triple digits

    Smoke clouds erupt during an Israeli airstrike on Khiam in southern Lebanon
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