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Energy sector
Fusion energy breakthrough by US scientists boosts clean power hopes
...Fusion reactions emit no carbon, produce no long-lived radioactive waste and a small cup of the hydrogen fuel could theoretically power a house for hundreds of years....
December 11, 2022
Energy sector
Commodity traders bet on big data and AI
...Groups such as Vitol and Trafigura, which traditionally relied on political connections, handshakes and logistical skill to move natural resources from remote locations to willing buyers, are increasingly...
April 21, 2024
FT Live
Financial Times @COP
FT Live events coinciding with COP
Monday, 11 NovemberBaku, Azerbaijan
Artificial intelligence
AI boom sparks concern over Big Tech’s water consumption
...Water is used in most forms of fuel and power generation, for example, to pump for oil and gas or to produce steam in thermal power stations....
February 25, 2024
Energy sector
US scientists repeat fusion power breakthrough
...Fusion reactions emit no carbon, produce no long-lived radioactive waste and a small cup of hydrogen fuel could theoretically power a house for hundreds of years....
August 6, 2023
Due Diligence
The private equity reckoning has begun Premium content
...Analysts predict that the back-to-back deals — ExxonMobil’s $60bn purchase of Pioneer Natural Resources and Chevron’s $53bn takeover of US oil and gas producer Hess — could be just the beginning....
November 1, 2023
Coal
Big insurers cover dirty coal mining projects despite climate pledges
...The Buckskin Mine produces 27mn tons of coal a year, making it “one of the most productive mines in the US”, according to its website....
September 28, 2023
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
The Big Read
Transformers: the Google scientists who pioneered an AI revolution
...Each was drawn towards what was widely seen as an emerging field of AI research: natural language processing....
July 23, 2023
Oil & Gas industry
Big Oil’s profits juggernaut on pace to slow but not stop
...Rystad Energy, a consultancy, expects the shale sector to produce about $120bn of free cash flow, or money left over after operating and capital expenses, in 2023....
January 26, 2023
Google LLC
How will Google solve its AI conundrum?
...Generative AI, which is used in services such as ChatGPT, is inherently prone to giving incorrect answers and could be used to produce misinformation, Manyika said....
January 26, 2023
News in-depthArtificial intelligence
Search wars reignited by artificial intelligence breakthroughs
...Known as retrieval augmented generation, the technique involves first applying search tools to identify the pages with the most relevant material, then using natural language processing to “read” them....
February 6, 2023
Repsol SA
Repsol to sell $4.8bn stake in oil and gas business
...The unit produces an average of 570,000 barrels of oil equivalent a day from fields in the Americas, Europe, Asia and Africa....
September 7, 2022
Polymetal International PLC
Polymetal appoints new auditor to replace Deloitte
...The company’s biggest shareholder is a company connected to its founder, Russian businessman Alexander Nesis, and while the miner produces most of its gold in Russia its main holding company is incorporated...
June 23, 2022
Chevron Corp
Chevron invests in Google-backed nuclear fusion group pursuing ‘perfect power’
...Unlike nuclear fission when atoms are split, none of the fusion reactions produce significant radioactive waste, making all of the processes under development a potential source of safe, nearly limitless...
July 19, 2022
Renewable energy
Record fundraising by a nuclear fusion start-up
...While some technical hurdles remain, Kirtley estimated that Helion’s system could produce power for less than $0.01 per kilowatt hour....
November 5, 2021
Nuclear energy
Tiger Global-backed nuclear fusion group secures $1.8bn in funding
...Nuclear power generation today is based on fission, where atoms are split to produce electricity....
December 1, 2021
FT Live
US Decarbonization and Industrial Transition Summit
Securing the resources to build and finance America's clean energy future
Wednesday, 29 MayWashington, D.C., USA
Energy Source
Biden energy agenda on collision course with reality, shale banker says Premium content
...for Indigo Natural Resource and EQT’s $2.9bn purchase of Alta Resources....
July 13, 2021
Special ReportThe Cloud
Big Tech races to clean up act as cloud energy use grows
...While companies can reach “net zero” goals by buying clean energy from other companies, they do not reduce the amount of dirty energy they produce themselves, he notes....
May 18, 2021
Oren Cass
Curtailing big tech requires much more than breaking it up
...But it may be the most important one, and produces novel questions requiring answers that will depart furthest from current policy frameworks....
May 30, 2021
FT AlphavilleBitcoin
The destructive green fantasy of the bitcoin fanatics
...You might have heard it said that mining it — ie the computer processing that is required to produce new “coins” — is more energy-intensive than [insert increasingly large nation state]....
April 22, 2021
Ferrexpo PLC
Miner Ferrexpo declares bumper payout
...The price of the high-quality iron ore the company produces has risen more than 85 per cent over the past year, according to data from S&P Global Platts....
March 17, 2021
Rio Tinto PLC
Rio Tinto Mongolia row worsens as US hedge fund issues legal threat
...Instead it owns 50.8 per cent of TRQ, which in turn owns 66 per cent of Oyu Tolgoi LLC....
November 30, 2020
Alphabet Inc
Google embroiled in row over AI bias research
...The paper looked at the potential bias in large-scale language models, one of the hottest new fields of natural language research....
December 3, 2020
Google LLC
Google pledges to be carbon free as fires engulf California
...Microsoft announced earlier this year that it would be “carbon negative” by 2030, extracting more carbon dioxide from the atmosphere than it produces....
September 14, 2020
Renewable energy
Google touts ‘biggest ever’ wind and solar deals
...“Once all these projects come online, our carbon-free energy portfolio will produce more electricity than places like Washington DC or entire countries like Lithuania or Uruguay use each year,” Google chief...
September 19, 2019
Google LLC
Google uses AI to boost search engine ranking efficiency
...Mr Nayak also said that in some instances the new algorithm had been shown to produce worse results than before, making it a constant work in progress....
October 25, 2019

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