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...He was also accused of rape in a civil hearing this month, a claim he has not yet commented on....
...in the event of a disaster....
...“We have revised downward our view of management and governance,” S&P added. It said Ørsted’s rating could be lowered one notch early next year after a meeting with management....
...Ørsted, the world’s largest offshore wind developer, has been threatened with a downgrade by credit-rating agency S&P after taking huge writedowns on US projects it abandoned this week.S&P Global Ratings...
...It could be a disaster . . . It is also a huge economic risk for Denmark,” said Lidegaard....
...“Surprisingly, Russia cannot counter such a relatively simple weapon as drones,” said Sergey Vakulenko, a former strategy director for Gazprom Neft and a senior fellow at the Carnegie Endowment for International...
...An oil tanker that was embroiled in a dispute between the US and Iran has been seized off the coast of Oman, in a raid that UK maritime authorities said was carried out by individuals in military-style uniforms...
...In 2022 Troost, through another Dubai-based company, also acquired a 40 per cent stake in a Turkish oil terminal through which large volumes of Russian oil have passed during the war, the FT reported in...
...The UAE’s state energy company has bought a 10.1 per cent stake in Storegga, the lead developer of the UK’s Acorn carbon capture project that is planned near Aberdeen....
...A decade ago nuclear power was producing more than 60TWh of energy in the UK....
...In such a scenario, the US Federal Reserve would succeed in bringing inflation back towards its 2 per cent target without tipping the world’s largest economy into a recession....
...Speaking to BBC Radio 4’s Today programme on Thursday, Jonathan Brearley, Ofgem’s chief executive, said: “Any unexpected event — for example the Middle East situation — does constrain the supply of gas and...
...The Houthi rebels, who have controlled large parts of Yemen since 2014, have threatened to target any vessels heading to Israeli ports, according to S&P Global Commodity Insights....
...“The market is going to test Opec+ and whether $80 a barrel is really a floor they can defend,” said Raad Alkadiri of Eurasia Group....
...For instance, just one tech company’s recent gains added the equivalent of the market capitalization of the bottom 100 companies in the S&P 500, and the size of the crypto market doubled since last fall....
...This is higher than the 1.1mn b/d forecast for demand growth, which is weighed down by a slowing economy and the end of the post-Covid rebound in consumption....
...The bill has been dismissed as a political stunt given that the NSTA already carries out licensing rounds in most years as a matter of course....
...$75.71 a barrel....
...The benchmark S&P 500 fell 0.2 per cent on Thursday afternoon, notching five straight daily losses for the first time since October....
...“A possible escalation between Israel and Iran’s main proxy Hizbollah in Lebanon is a still under-appreciated Iran contagion risk,” McNally said....
...a statement....
...However, some gas-fired power stations are expected to play a continued role in Europe’s electricity grid, even as its decarbonises, as a back-up for intermittent supply from renewable sources such as solar...
...S&P said it originally expected the war would not last “more than six months” as it downgraded Israel’s sovereign credit rating from double A minus to A plus....
...Commodity trader Trafigura will pay out a record dividend of $5.9bn to the company’s 1,200 shareholders after reporting its highest-ever net profit, but flagged a significant slowdown in the second half...
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