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...Shell and other producers, argue LNG has a role to play in the energy transition because, when burnt, it produces half the CO₂ of coal for the same amount of energy and 30 per cent less than oil....
...State-owned enterprises were similarly told by their overseer, the State-owned Assets Supervision and Administration Commission, to complete a technology transition to domestic providers by 2027, according...
...Rare earths are a set of 17 elements used in a variety of products critical to the energy transition, including wind turbines and electric vehicles....
...The Toyota group — which retained its crown as the world’s largest carmaker last year, selling a record 11.2mn passenger vehicles with its subsidiaries included — is navigating the transition away from internal...
...That gives it more resources to catch up on electric offerings, with strong hybrid sales bridging the transition....
...During this transition, automakers able to build a balanced portfolio of electric, gasoline, and hybrid offerings will outperform their peers. june.yoon@ft.com...
...But in return for access to the grids, generation and scarce water resources they need, tech companies should accelerate the use of AI to assist the green transition....
...“Hybrids will play an increasingly important role in our industry’s transition and will be here for the long run.”...
...Yet despite a roomy production of two hours and 45 minutes, scenes can have a breathless quality, with sometimes rapid transitions and much rearranging of the set’s tables....
...Energy Agency expects global demand for fossil fuels to peak this decade, many analysts expect gas to have greater longevity than oil given its reputation as a lower-carbon fuel that will help bridge the transition...
...Otting told analysts that his goal of diversification would see the bank prosper “through economic fluctuations” but he gave few details on how he would achieve that and said the transition could take years...
...Sovereign wealth has also emerged as a source of capital to help the sector boost the supply of minerals needed for the energy transition and push up valuations, most notably Saudi Arabia’s establishment...
...The group’s rapid transition from EV wannabe to mass production has been aided by the rise of a mature supply chain in China for the electric car industry....
...It would continue to use capital and expertise to support clients in their energy transition and managing climate risk....
...Brent Berg, president and chief executive of Rare Element Resources, a minerals company, will join Uranium Energy Corp, a North American uranium company, as senior vice-president of US operations....
...But as the world targets an energy transition away from fossil fuels, countries in the region are diversifying their economies and investing in new industries, including mining....
...And as this chart from a victory-lap speech on the transition away from Libor shows, SONIA now rules....
...“From a nuts and bolts level, AI is just a transition from Intel being the king of the data centre to Nvidia being king of the data centre,” said Jonathan Goldberg of D2D Advisory, a tech consultancy....
...Exxon is also not wrong when it says it cannot move faster than the pace of the energy transition (leaving aside the matter of its historical role in slowing this transition), as other producers would simply...
...Another oddity is the idea that US companies’ conviction in their oily future should derail European investment in transition businesses....
...But driven by the success of the iPhone, Apple’s market value finally overtook Microsoft in 2010, a position it retained for several years as Windows struggled with the transition to mobile computing....
...Despite — or perhaps because of — the energy transition, supermajors covet “independents” like never before. There are more targets than buyers....
...spending the past year on efforts to convince investors that it was serious about ramping up its EV strategy, Toyota is also expected to outline why it thinks hybrids are a viable alternative during the transition...
...Along with Hinkley Point C, which EDF is already building in Somerset, the plant would provide a crucial “baseload” as the country transitions to net zero with a growing proportion of intermittent renewable...
...“We’ve been on sleep mode for too long and now our membership is energised again,” said Melbye, who is also a senior executive at Uranium Energy Corp, a Texas-based company reopening mines in Wyoming and...
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