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UK politics
Starmer slashes green spending pledge to £4.7bn in major U-turn
...A further £1.5bn over three years is still pledged for renewable energy companies hiring workers in Britain’s industrial heartlands....
February 8, 2024
Labour Party UK
Labour vows to be ‘laser-focused’ on net zero despite £28bn U-turn
...Labour also intends to spend £8.3bn to set up GB Energy, a state-owned energy company that will work with private partners on energy projects....
February 27, 2024
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
ExxonMobil
ExxonMobil makes U-turn on monitoring its methane emissions
...Ben Cahill, senior fellow at the Center for Strategic and International Studies, said the UN programme was a good initiative, which had attracted more national oil companies as members in the past year....
November 29, 2023
Energy Source
Oil and gas executives expect slower transition to net zero Premium content
...The revision comes after the company pledged to devote a higher proportion of spending to oil and gas last year, and other oil groups such as BP have slowed their retreat from oil....
March 14, 2024
Transcript
Transcript: Will Labour’s green U-turn weaken Starmer?
...Jim PickardThere have been an awful lot of U-turns....
February 9, 2024
Labour Party UK
Labour drops plan to backdate UK windfall tax on oil and gas
...But Starmer pinned the blame for his U-turn on constrained public finances resulting from the Conservatives’ stewardship and insisted Labour would still deliver on its promise to build a green economy if...
February 9, 2024
FT Live
Financial Times @COP
FT Live events coinciding with COP
Monday, 11 NovemberBaku, Azerbaijan
Disrupted Times
‘Reality check’ for the green transition
...Our story today on the struggles at Woodside, Australia’s largest oil and gas developer, to get its climate plans accepted by shareholders, is the latest example of an energy company facing criticism for...
April 19, 2024
FirstFT
FirstFT: Israel launches attacks against Iran
...Oil futures jumped following the reports before falling back after Tehran appeared to play down the significance of the strikes....
April 19, 2024
Inside Politics
Labour must tread carefully on road towards UK’s clean, green future
...As one oil and gas executive put it: Labour has been hawking itself around the City saying we are on the side of business and we want you to invest in the UK — then a few days later they are U-turning....
February 16, 2024
Energy Source
How the energy transition will hit petrostate economies Premium content
...ExxonMobil, the biggest western oil producer, has made a sharp U-turn on monitoring its methane emissions. Carbon capture is just one part of the solution, says UN IPCC chair Jim Skea....
November 30, 2023
UK politics
Sunak announces series of U-turns on net zero pledges
...In other policy reversals, Sunak abandoned tougher energy efficiency rules for landlords and delayed a ban on new oil boilers from 2026 to 2035....
September 20, 2023
Energy sector
Bets on energy transition spark rise in North American pipeline deals
...TC Energy, the Canadian company behind the abandoned plan to build the controversial Keystone XL crude oil pipeline, is in the process of spinning off its oil business to focus on handling natural gas, a...
September 23, 2023
Energy Source
World Bank ‘optimistic’ about giant African hydro project Premium content
...(Rob Rose) Job Moves Anglo-French oil and gas company Perenco SA has appointed Armel Simondin as chief executive, effective March 15....
February 8, 2024
TotalEnergies
TotalEnergies extends cap on fuel price at French pumps
...The company has come under repeated pressure from Paris to curb prices, including with other discounts it introduced at forecourts in 2022....
September 12, 2023
Edward Luce
Democracy dies in Trumpian boredom
...He did a U-turn on TikTok, now saying its Chinese parent company should retain ownership....
March 13, 2024
FT Live
Accelerating the Energy Transition in Asia
Industrial strategies and policy drivers for sustainability
Tuesday, 30 JulyMandala Club, 31 Bukit Pasoh Rd, Singapore 089845
Israel-Hamas war
US warship and commercial vessels attacked in Red Sea, says Pentagon
...Ambrey, which offers consultancy and armed protection to shipowners, also said a South Korea-owned crude oil tanker had “sighted an explosion in the air above the vessel”....
December 3, 2023
Investments
Testing AI’s mettle on metals pricing Premium content
...There is a limited, if admittedly growing, data set on zigzags and U-turns in policy and technology....
February 23, 2024
Personal Finance
Shedding light on the finances of solar panels
...Scott McKelvie, from Chichester, installed 8kWp worth of panels and a 10kWh battery in late 2022, after working as an environmental consultant for various oil companies....
February 9, 2024
Sovereign debt
The big Venezuelan bond bet is ON
...emphasis below): WASHINGTON — In response to the signing of an electoral roadmap agreement between Venezuela’s Unitary Platform and representatives of Maduro, and in support of the Venezuelan people, the U.S...
October 19, 2023
Peter Hain
The time for instituting a new global corruption court is now
...Perpetrators enjoy the help of global companies and banks, most based in New York and London. Dubai and Hong Kong are notorious money-laundering centres....
August 15, 2023
Carola Long
The celebrity beauty brands that are actually good
...To quote her song (and the name of another of her fragrances), Thank U, Next!...
December 13, 2023
Hungary
Hungary quits Russian-controlled investment bank in Orbán U-turn
...But Orbán’s links to Putin, his tactics of delaying EU sanctions on Russia and carving out exemptions for Hungary to continue importing Russian oil and gas, as well as his reluctance to send any military...
April 13, 2023
Moral Money
Can the SDG goals still be saved? Premium content
...“The [trade] market is not working for everyone,” argued Njuguna Ndung’u, Kenya’s treasury secretary....
September 18, 2023
Climate change
Russia says it will oppose plan to phase out fossil fuels
...Last month, UK prime minister Rishi Sunak announced a series of U-turns on the country’s net zero targets....
October 4, 2023
Personal Finance
Lessons from a lifetime in investment
...Then came the 1973 oil crisis, soaring inflation, recession and financial crisis. Property, gilts and equities all plunged....
January 26, 2024

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