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...Potanin’s complaints about the cost of sanctions reflect wider concerns in Moscow about US pressure on banks doing business with Russia, said Alexandra Prokopenko, a former central bank official....
...The government is also planning to back several companies developing new types of miniaturised nuclear power plants, dubbed small modular reactors, with the first contracts expected to be awarded later this...
...Fossielvrij NL, a group that campaigned for PFZW to divest, said the action showed the pension fund “recognises that fossil fuel companies such as Shell and BP will not move away from their core business...
...Uber reported its first full year of operating profits, thanks to strong demand for ride-hailing, deliveries and a growing advertising business....
...Even though many of these organisations “officially” frown upon doing business there, they’ve become a dealmaking hub....
...UK as economic growth grinds to a halt Monetary policy: Bank of England faces its biggest inflation challenge since independence Living costs: Cabinet split on plan to cut UK food tariffs as grocery bills...
...It also linked up with Greece using a new connection and is building more cross-border capacities towards Serbia and Romania. “We’re doing pretty good,” Vassilev said....
...It expects its gas storage business to report a loss for the first half of the year as it stocks up, which would turn to profit when the gas is withdrawn during winter....
...gas prices....
...Need to know: business Water companies in England and Wales paid £2.5bn in dividends and added £8.2bn in debt in the two financial years since 2021, according to Financial Times research....
...But as he says, that’s “an incredibly energy-intensive thing to do”....
...A group of the world’s biggest oil and gas companies are expanding a satellite monitoring campaign to detect methane emissions in emerging economies after 26 large leaks of the planet-warming gas were found...
...Energy giant Shell diluted its climate targets to allow its gas business to keep growing, even as it reaffirmed its intention to cut all emissions by 2050....
...And if the company keeps paying out in fines, in some ways it stops them investing in new sewage pipes and infrastructure....
...The final-year student comes from Essex, where his father runs a successful truck repairs business....
...“Very limited deliveries and very gradual ones.”...
...The International Energy Agency says there can be no new oil and gas projects if the world is to meet the 1.5C goal. Russia, among others, opposes the idea....
...as natural gas....
...BlackRock is the only US company blacklisted in Texas for allegedly shunning oil and gas companies with sustainable investing....
...As the US Federal Reserve, the European Central Bank and the Bank of England prepare for their final monetary policy meetings this year, speculation continues that the rate-lifting cycle that has dominated...
...Germany must act fast on nuclear fusion energy to grow its economy after renouncing the use of coal, nuclear power and Russian gas, according to the FT’s John Thornhill....
...Need to know: Global economy The world is at “the beginning of the end” of the fossil fuel era, according to the International Energy Agency, which has forecast that demand for oil, natural gas and coal...
...The British wanted to do business, the Germans wanted their gas, and so on and so forth....
...Doing so makes economic as well as moral sense....
...There was a big fall, as you said, that was almost all about lower energy prices. There’s gonna be another energy price fall pretty definitively in October....
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