Hints and tips:
...The Thermal division last year provided 41 per cent of group operating profit; renewables such as onshore wind and hydro were 23 per cent....
...Production costs are high and new infrastructure and equipment would be required....
...Open-water swimming is not about the latest equipment or the newest technology....
...As sun sets over the vast plains of south-eastern New Mexico and west Texas, lights flitter across the horizon as pick-up trucks haul equipment to-and-fro, convoys of oilfield workers motor back to town...
...Fires are measured by their intensity: how much energy they emit at their fiercest point....
...And when Grant Shapps held that conference on Wednesday afternoon ahead of Big Energy Day, he insisted that Britain would stick to its target of phasing out the sale of new petrol and diesel cars by 2030...
...They have limited sales and marketing budgets. Maybe they have a website, maybe none at all....
...But in upwardly mobile circles in Houston, clean energy is just energy. And if there is money to be made in solar or wind, investment will follow....
...Wind farms are now part of the landscape. Solar arrays and other clean energy projects are sprouting, even in the shale heartlands around Odessa....
...Schlumberger Sector: energy services / HQ: Houston, US The crude price plunge of 2020 and deep capital spending cuts by oil producers delivered a savage blow to the world’s oilfield services sector....
...At its northernmost point is the confluence of the mighty Mekong River, flowing down from China, and the smaller, winding Ruak River....
...Vestas Wind Systems SECTOR: ENERGY / HQ: AARHUS, DENMARK Clean energy had a great year in 2020, and Vestas, the world’s largest maker of wind turbines, has seen revenues and profits rise....
...Q: Will energy transition policies result in higher growth and capex for the sector? Yes....
...The power division — which sells equipment for coal, gas and nuclear generation and the electric grid — and the renewable energy division, which makes wind turbines, both turned in losses....
...The country consumes about 40 per cent of the world’s supply of the metal, which is also critical to sources of renewable energy, such as wind turbines, and electric car charging stations....
...Coal-fired plants provided 38 per cent of the world’s electricity in 2017, according to the International Energy Agency: more than nuclear, hydro, wind and solar power put together....
...Several other deals have been done under Mr Flannery’s disposal programme, including ABB’s $2.6bn acquisition of the industrial solutions operations which make electrical equipment, and the $1bn sale of...
...Some were successful; others were not, including a badly timed expansion in oilfield equipment shortly before the industry slumped....
...GE has a strong position in renewable energy as one of the world’s largest manufacturers of wind turbines, but that division also had a difficult quarter, with orders down 15 per cent and profits down 48...
...He said: “I don’t see a short-term fix here …we’re not trying to project this as a V-shaped rebound [for the power division].”...
...The new company will be much more focused, on aero-engines and other aircraft parts, equipment for the power industry and renewable energy, particularly wind....
...When we meet in London, Ms Marcario, 53, has arrived for the launch of Blue Heart, a campaign to stop the damming of Europe’s last wild rivers....
...GE and Siemens have expanded into areas such as medical equipment, but are still shaped by their roots in electrical energy....
...The charges are the latest blow for GE, which has been struggling as a result of downturns in some of its key markets, including power generation equipment and oilfield services....
...The Iraqi government has asked BP to step in to help develop oilfields around Kirkuk....
International Edition