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...The reshoring of critical industries such as energy and semiconductors to the US, Pollock said, “requires a ton of new capital to reinforce supply chains and energy infrastructure”....
...Its former chief executive, Alan Bruce, left the group early this year....
...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....
...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....
...One of the received tenets of the energy transition was that there was no trade-off between green investing and making money....
...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....
...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...
...China counts pure battery EVs and plug-in hybrids as “new energy vehicles”....
...Nimmo has led the struggling KPMG spinout since its 2021 sale to Miami-based private equity group HIG Capital....
...The UK group includes a retail division, an IT platform and a nascent business selling EVs and heat pumps to consumers. Analysts expect Octopus to be profitable in 2023....
...This group of investors generally views Robotaxi (i.e. fully autonomous vehicles running on the Tesla network) as a very long-dated opportunity....
...The clean-energy research group said the US imported 50 gigawatts of panels between January and November 2023, a record high....
...Imported energy and food inflation hits ordinary Japanese households....
...Scott Nuttall, co-chief executive of KKR, recently highlighted the private equity group’s infrastructure business, including new funds dedicated to the energy transition, as a major source of growth....
...Souki started Tellurian in early 2016 with Martin Houston, a former BG Group executive, with an aim to develop the Driftwood project on a 1,200-acre site along the Calcasieu river....
...investments at VanEck, which holds more than 5mn shares and voted in favour of the takeover, said Origin now needed to set “more aggressive targets” for renewable power generation to match the ambition of the group...
...Even as global temperatures smash through record highs, the oil industry is claiming the world can’t afford the rapid transition from fossil fuels to cleaner energy....
...Also joining the board are Kevin Howell, former head of NRG’s Texas business, Alex Pourbaix, former chief executive of Canadian oil group Cenovus Energy, and Marcie Zlotnik, co-founder of Texas retail electricity...
...The Spanish group has a presence in more than a dozen countries but has made the US its principal investment target....
...Unhedged spent a good chunk of last week trying to make sense of two newly listed companies: Reddit and Trump Media & Technology Group. On Monday, both sold off hard....
...Falling market share and sales figures reported this month indicate the two groups face rising competition and the whiplash of US-China geopolitical tensions....
...Data from the China Passenger Car Association showed that Chinese sales of pure battery cars and plug-in hybrids, which the government counts as “new energy vehicles”, or NEVs, rose 36 per cent last year...
...The International Energy Agency this year found the global energy industry was responsible for 135mn tonnes of methane emissions in 2022, only slightly below record high levels of 2019....
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