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Energy sector

  • Tuesday, 15 October, 2024
    EU energy
    France calls for tighter monitoring of Russian gas exports to EU

    LNG flows have increased despite attempts to sanction Moscow and weaken its economy

    Barbed wire on a fence in front of a processing ship moored at the LNG terminal at Lubmin port in Germany
  • Tuesday, 15 October, 2024
    Utilities
    UK water companies face struggle to raise equity without bill hikes, Moody’s warns

    Sector suffering ‘diminishing investor confidence’ while needing major investment, says rating agency

    Thames Water vans
  • Tuesday, 15 October, 2024
    UK energy
    UK’s clean power 2030 target unachievable without reform, warns National Grid

    Investment and ‘clarity of ambition’ required to decarbonise electricity system, says top executive

    Wind turbines and electricity pylons in Romney Marsh, Kent
  • Tuesday, 15 October, 2024
    Oil
    Crude oil tumbles as Middle East fears recede

    Demand from China weaker than expected, says International Energy Agency

    The Isfahan refinery in Iran, with multiple large industrial structures such as chimneys and distillation columns
  • Tuesday, 15 October, 2024
    Energy Source
    Is LNG worse for the climate than coal? Premium content

    A study challenges the oil and gas industry’s assertion that the fuel is cleaner than the commodity

    A shrimp boat moves past storage tanks at an LNG export terminal
  • Tuesday, 15 October, 2024
    UK trade
    EU and British energy groups call for rewrite of post-Brexit trading arrangements

    Open letter criticises ‘suboptimal’ mechanism under Trade and Cooperation Agreement amid push for more renewables

    A wind farm in the North Sea near Scotland
  • Tuesday, 15 October, 2024
    LexOil & Gas industry
    European refining adds fuel to oil majors’ fires Premium content

    There is more than one sort of oil price slump

    A worker wearing a helmet and blue overalls cycles towards the entrance gate of the Ruhr oil refinery in Gelsenkirchen, Germany. The refinery features numerous industrial structures and piping visible in the background.
  • Tuesday, 15 October, 2024
    Batteries
    $1bn US battery plant plan shows race to reduce reliance on China

    A new technology eschews graphite, nickel, manganese and cobalt, of which Beijing controls most of the world’s supply

    An employee checks modules of a used lithium-ion electric vehicle battery in a case at the 4R Energy factory in Namie, Fukushima Prefecture, Japan
  • Tuesday, 15 October, 2024
    Climate change
    EU ministers nod to support for nuclear energy ahead of UN climate summit

    Bloc officials overcome deep divisions on atomic power but finance goal commitment remains unresolved

    Cooling towers and reactors of the Electricite de France nuclear power plant in Cattenom, France, with power lines in the foreground and steam rising from the towers
  • Monday, 14 October, 2024
    Water scarcity
    Almost two-thirds of EU water in bad condition, report shows

    Pressure rises on agriculture and industry to reduce pollution and cut its share of use from 59%

    A water supply gate on an irrigation canal, alongside rice paddy fields on a farm in Spain
  • Monday, 14 October, 2024
    Google LLC
    Google orders small modular nuclear reactors for its data centres

    Tech group signs deal with Kairos Power to build up to 7 small facilities to meet its energy needs

    The Google logo is prominently displayed outside the Google Cloud data center in Hanau, Germany
  • Monday, 14 October, 2024
    Octopus Energy
    Biggest US public pension fund Calpers invests in UK’s Octopus Energy

    California retirement fund among investors drawn to power company for its software and green focus

    Plastic octopus in a water tank at Octopus R&D centre in Slough
  • Monday, 14 October, 2024
    News in-depthTransport
    Rapid rise of LNG trucking pushes China to peak diesel

    Pace of adoption leaves Germany’s Daimler Truck dealing with ‘catastrophic’ sales drop

    Trucks line up at a container terminal in Ningbo Zhoushan Port, Zhejiang province, China, with stacked containers and cranes in the background
  • Sunday, 13 October, 2024
    Pakistan's economy
    Pakistan security services pressured utilities over government power deal

    Talks that led to expected state savings of nearly $1.5bn described as ‘more an execution than a negotiation’

    A cooling tower and pylons at a power station in Pakistan
  • Sunday, 13 October, 2024
    UK infrastructure
    How will the UK government pay for much-needed infrastructure upgrades?

    High energy bills and troubled water sector trigger debate about which private finance schemes provide value for taxpayers

    Montage shows chancellor Rachel Reeves against pictures of a sewage treatment works, a school playground, electricity pylons and an NHS sign
  • Sunday, 13 October, 2024
    African economy
    African countries seek $5bn for new fossil fuel project lender

    Coalition of 18 nations looks to establish ‘energy bank’ as western institutions increasingly shun oil and gas

    Employees of the Afam VI power plant walk past a gas pipeline at the plant in Port Harcourt in NIgeria
  • Saturday, 12 October, 2024
    Moldova
    Moldova’s wineries shift away from Russian gas

    Vineyard founded by Joseph Stalin joins country’s westward pivot and green transition

    Chateau Purcari Winery in Purcari village, Moldova
  • Friday, 11 October, 2024
    LexEuropean companies
    European oil majors will not ape Equinor’s renewables opportunism Premium content

    Companies are struggling to establish a clear path in their energy transition strategies

    The Equinor logo and name on a sign on a building in Hammerfest, Norway
  • Friday, 11 October, 2024
    BP PLC
    BP warns of earnings hit from weak refining margins

    UK oil major says it expects higher exploration write-offs

    A woman stands on a staircase next to the illuminated BP logo at a petroleum congress
  • Friday, 11 October, 2024
    War in Ukraine
    Ukraine warns nuclear plants at risk from Russian missiles

    Energy minister accuses Moscow of using military tactic that heightens chances of atomic accident

    Smoke pours from a cooling tower
  • Thursday, 10 October, 2024
    Energy Source
    Surging US power demand set to exceed supply, says Bain Premium content

    The boom in data centres for AI will raise prices for ratepayers and risks slowing the energy transition

    An aerial view of a data centre
  • Wednesday, 9 October, 2024
    LexRio Tinto PLC
    Rio Tinto is not bagging a bargain with lithium deal

    Extreme volatility in price of key battery material reflects uncertainty over current global market for electric vehicles

    A brine pool used to extract lithium at a salt flat near Susques, Argentina
  • Wednesday, 9 October, 2024
    Moral Money
    Form Energy raises $405mn to develop rust-powered batteries Premium content

    Also in today’s newsletter, a new report from mining-focused investors

    An electricity pylon
  • Wednesday, 9 October, 2024
    Rio Tinto PLC
    Rio Tinto to buy Arcadium Lithium in $6.7bn cash deal

    Acquisition will make Anglo-Australian miner one of world’s biggest producers of key battery material

    Technicians from the Orocobre mining company work on an evaporation pond test at the Olaroz salt flat. One person in a yellow suit and red helmet leans over to measure the water, while another in a dark jacket and white helmet observes and takes notes. The landscape features dry, mountainous terrain in the background.
  • Wednesday, 9 October, 2024
    FT News Briefing podcast11 min listen
    India’s belated oil rush

    India hurries to extract oil before the sun sets on the fossil fuel industry

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Most Read

  1. Google orders small modular nuclear reactors for its data centres
  2. Biggest US public pension fund Calpers invests in UK’s Octopus Energy
  3. Rapid rise of LNG trucking pushes China to peak diesel
  4. How will the UK government pay for much-needed infrastructure upgrades?
  5. Almost two-thirds of EU water in bad condition, report shows

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