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...The Chinese and Russian objections came after the US in December said it would extend its jurisdiction over a resource-rich seabed area that makes up its continental shelf....
...According to his LinkedIn profile, he previously worked in government affairs for Cheniere Energy and as a senior adviser to the chief of executive of Tellurian Inc, two companies which pioneered the development...
...Speaking to the Financial Times, Krebber said: “Continental Europe is in a much better position than last year. Gas storage is at maximum capacity and we have built some infrastructure....
...These kinds of search results, which include an “AI-powered snapshot”, are more costly for Google to serve up than its traditional responses because generative AI consumes a lot more computing resources....
...Ithaca, whose majority owner is Israel’s Delek Group, said the transaction would create the second-biggest independent operator in the UK continental shelf, boosting its production above 100,000 barrels...
...The initiative’s backers include the German government, the World Bank and the non-profit World Resources Institute....
Ithaca’s deal with Eni would simply be trading assets around a troubled basin
...A detailed follow-up from Electrek on Monday reported that Model 2 work had indeed been “completely defunded” and that the project was “effectively scratched right now as Tesla is putting all resources into...
Also in today’s newsletter, one solar company thinks it has what it takes to go public — despite a down market for the sector
New survey shows geopolitical turmoil, tough macroeconomic conditions and AI spurring shifts in energy markets
...Spanish renewables group Iberdrola has called off its planned $8bn acquisition of PNM Resources, cancelling a deal that would have transformed its Avangrid subsidiary into one of the biggest companies in...
...“Gas prices in continental Europe, especially in Germany, are structurally higher now, because we, in the end, depend on LNG imports,” said Markus Krebber, chief executive of RWE....
A foray into US dealmaking four decades ago raised the hackles of locals and proved financially disappointing
...The lawsuit from the American Petroleum Institute, a lobby group, accused the US government of using “every tool at its disposal” to restrict access to resources in federal waters....
...Octopus Energy, one of the biggest energy suppliers in the UK, has recently expanded into heat pump manufacturing and is planning to build a factory either in the UK or continental Europe....
...“They’ve run into some ramp up issues,” said Ur-Energy Inc chief executive John Cash, which is restarting production at two mines in Wyoming....
...But, in the absence of bounteous resources, can it become rich? Whatever the right answer, notice that I assume that enrichment is the goal....
...This includes centralising the distribution of computing power using state-run trading platforms that broker access to cloud computing resources....
...However, there is a continental split between European and US asset managers in their willingness to support environmental or social proposals....
CVR Energy has paid out $3.2bn in dividends to feared activist’s public investment vehicle
...“There is always a but,” said Marco Saalfrank, head of continental Europe merchant trading at energy group Axpo....
...Analysts said the latest wave of lay-offs showed companies were reshuffling their resources in order to invest in new areas such as generative AI while also showing shareholders there was a continued focus...
Australian pension fund CIO discusses sustainable investing amid political uncertainty
Alan Bruce steps down just over a year after taking group public
...In recent months, Beijing has redirected resources to the manufacturing and high-tech sectors....
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