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Energy sector

  • Wednesday, 9 October, 2024
    Inside BusinessRichard Milne
    Costs of the green transition loom large for European companies

    Business leaders say Europe’s policymakers are ill prepared for just how expensive the shift is likely to be

    Workers walk at the snow-covered site of the Northvolt Ett factory in Skelleftea, north Sweden
  • Wednesday, 9 October, 2024
    Climate Change Committee
    New UK climate watchdog chief joins from energy trade group

    Emma Pinchbeck to take over influential role as government steps up green push

    Emma Pinchbeck arrives at a business function at 10 Downing Street in July 2024
  • Tuesday, 8 October, 2024
    Thames Water
    Abu Dhabi writes off 9.9% stake in Thames Water

    Writedown comes as UK government is hoping to attract institutional investors

    Maintenance engineers worker at a Thames Water incident site in London
  • Tuesday, 8 October, 2024
    Mergers & Acquisitions
    Activist Elliott says its long-term view on Anglo American is ‘very much intact’

    Hedge fund’s partner Nabeel Bhanji says BHP approach during its stake building was ‘genuinely annoying’

    Anglo American’s Kolomela iron ore mine in South Africa
  • Tuesday, 8 October, 2024
    Mergers & Acquisitions
    Chevron in talks to sell Texas gas assets to Tokyo Gas for up to $1bn

    Deal would bolster Japanese group’s drive to secure supplies for home country, which relies on fossil fuel imports for energy

    Tokyo Gas logo
  • Tuesday, 8 October, 2024
    The FT ViewThe editorial board
    The world’s renewable energy potential is gridlocked

    Transmission lines and energy storage solutions need to be deployed much faster

    Solar panels at the power plant in La Colle des Mees, Alpes de Haute Provence, southeastern France.
  • Tuesday, 8 October, 2024
    Oil
    Oil prices sink on worries over Chinese demand

    Crude gives up part of recent gains as run of big market swings continues

    A fuel delivery truck passes by a fuel storage container along the shore of Chelsea Creek in East Boston, Massachusetts
  • Tuesday, 8 October, 2024
    Serious Fraud Office UK
    ENRC drops media leaks lawsuit as SFO escapes paying damages

    UK agency still potentially on hook for damages over mishandled probe into mining group

    A sign outside the headquarters of the Serious Fraud Office in London
  • Tuesday, 8 October, 2024
    Oil & Gas industry
    India in rush to boost oil production before energy transition

    Minister urges majors to explore before efforts to prevent climate change undermine carbon fuel market

    A person walks past an oil refinery operated by Bharat Petroleum Corp in Mumbai
  • Tuesday, 8 October, 2024
    News in-depthBatteries
    Battery makers aim to ease EV anxieties with 5-minute charge

    Industry says superfast charging for electric cars is on its way to matching the time drivers used to spend filling up at pumps

    A model of the Contemporary Amperex Technology Co. (CATL) Qilin battery on display during the Beijing Auto Show
  • Tuesday, 8 October, 2024
    Energy Source
    How Russia’s LNG ‘dark fleet’ disguises its activity Premium content

    Facing western sanctions, the vessels have increasingly engaged in activities to confuse observers

    Fog obscures an ice-class tanker used for shipping liquefied natural gas
  • Tuesday, 8 October, 2024
    Northvolt AB
    Northvolt subsidiary files for bankruptcy

    Move is part of lossmaking company’s attempt to stave off financial collapse

    Northvolt’s logo on a sign outside the company’s Västerås plant in Sweden
  • Tuesday, 8 October, 2024
    UK infrastructure
    UK water companies fined £158mn for missing sewage targets

    Regulator Ofwat calls on industry to address ‘issues of culture and leadership’

    An overflow pipe releases water into the River Thames
  • Tuesday, 8 October, 2024
    Princeton University
    Princeton reverses ban on fossil fuel companies funding research

    Officials claim university’s policy harmed scholars working to combat effects of climate change

    Princeton University students participate in a protest on campus against the university’s fossil fuel investments
  • Tuesday, 8 October, 2024
    InterviewSouth Africa
    Privatisation not a ‘swear word’, says South Africa’s deputy president

    Coalition government is seeking more foreign investment in energy, water and infrastructure

    South Africa’s deputy president Paul Mashatile at the Financial Times on October 4 2024
  • Tuesday, 8 October, 2024
    Special ReportBusiness School Sustainable Education
    Business school teaching case study: capture or cut carbon to make steel greener?

    The sector is responsible for one-tenth of global annual greenhouse gas emissions but cleaning up the production process is challenging

    A worker wearing protective gear stands silhouetted against the intense orange glow of molten metal in an industrial foundry. The person is holding a long rod and is surrounded by rising smoke and flames
  • Monday, 7 October, 2024
    UK energy
    UK homes to be offered payments to cut electricity use all year round

    Plan by grid operator will help Britain’s network cope with more wind and solar power

    Aerial view of houses in England at night
  • Monday, 7 October, 2024
    Oil
    Oil surges above $80 as conflict and storm spark supply fears

    Hedge funds reverse short positions as market has surged nearly 20% from year-to-date low in the last month

    OIl barrels stacked on top of each other
  • Monday, 7 October, 2024
    EU energy
    Ukraine recognises Slovakia’s ‘acute dependence’ on Russian gas flows

    PM Denys Shmyhal tells counterpart Robert Fico that Kyiv will meet obligations without renewing Gazprom transit deal

    Slovakia’s PM Robert Fico, left, and Ukrainian PM Denys Shmyhal in Uzhhorod on Monday
  • Monday, 7 October, 2024
    Utilities
    Water demand will soar because of wars and tech, says utility boss

    Cox chief expects needs to rise at 10-15% rate a year as company seeks to raise €300mn on Madrid Stock Exchange

    Water desalination plant in Ras al-Khair, Saudi Arabia
  • 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
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