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...Amund Vik, former Norwegian state secretary for energy and a senior adviser at the consultancy Eurasia Group, said it was “more difficult to do the energy transition without nuclear” as a consistent baseload...
...Last month, the group wrote to the European Commission calling for emergency support from Brussels....
...Its former chief executive, Alan Bruce, left the group early this year....
...Abu Dhabi energy group Taqa is in talks that could lead to a multibillion euro takeover bid for Spanish utility Naturgy and extend a Gulf push into European industry....
...Richard Goyder, chair of the $35bn energy group, has also been a target of criticism by some investors....
...Meanwhile, my FT colleagues Tom Wilson and Antoine Gara have published a scoop this morning on Shell’s former chief executive Ben van Beurden joining private equity group KKR as a senior adviser for energy...
...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....
...Eni would hold 38 to 39 per cent of the enlarged group under the limited details released so far. The combination would raise Ithaca’s production to above 100,000 barrels/day....
...Wood’s stock languishes around 142p — a painful 41 per cent below the final takeover price offered by Apollo a year ago before the private equity group got cold feet....
...The region-wide Stoxx Europe 600 rose 0.3 per cent, with energy groups and rate-sensitive real estate stocks the best performers....
...This is a problem for renewable energy developers. It removes an important pool of potential buyers....
...Earlier this month, 1Komma5 announced that it had acquired Australian solar provider Arkana Energy Group. Schröder said 1Komma5 was now the third-largest solar provider in Australia....
...European stocks rose on Wednesday, helped higher by strong gains in the energy sector as oil prices rose after Ukraine carried out drone strikes on refineries in Russia....
...One of the received tenets of the energy transition was that there was no trade-off between green investing and making money....
...US stocks rose in early-afternoon trading on Tuesday, with energy companies and utilities among the best performing companies ahead of the Federal Reserve’s upcoming policy announcement....
...“Nuclear technologies tend to lock in diplomatic ties in a way that other energy sources don’t,” Kevin Book of ClearView Energy Partners, a Washington-based independent research group, told the FT in January...
...His comments come after environmental groups such as Greenpeace attacked the LNG industry, accusing companies of using the energy crisis to lock in contracts for years to come....
...“You have to be rational . . . and forget any ideological point,” Claudio Descalzi, the long-serving chief of Italian energy group Eni, told the FT....
...Supply chain constraints threaten the UK’s goals for renewable energy, a report commissioned by the government has warned....
...London’s FTSE 100 slipped 0.2 per cent as declines for consumer stocks and technology groups offset strong gains for heavyweights in the energy sector....
...The chief executive of Ithaca Energy has quit the North Sea oil and gas producer, exiting as the group tries to rebound from a lacklustre first year as a public company....
...Drew Baglino, senior vice-president leading Tesla’s engineering and technology development for batteries, motors and energy products, announced on X today that he would leave after 18 years at the auto group...
...“CVR Energy is a cash cow,” said Nick Moglia, a credit analyst with CreditSights....
...“The best way to reduce build costs is to replicate and, crucially, achieve design maturity before construction,” says Tom Greatrex, chief executive of UK lobby group the Nuclear Industry Association....
...Founded in 1982 and with headquarters in Scotland, Wood is a consulting and engineering group in the energy and material sectors....
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