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Energy sector

  • Friday, 10 January, 2025
    Constellation Energy Group Inc
    Constellation Energy to buy Calpine in $27bn deal as AI fuels power demand

    Purchase comes as US electricity system grapples with historic rise in power demand

    Aerial view of Constellation’s Calvert Cliffs nuclear plant  on the Chesapeake Bay in Lusby, Maryland
  • Friday, 10 January, 2025
    LexCalpine Corp
    Stars align for Constellation’s AI-fuelled power bet Premium content

    An IPO would probably have needed to price the shares at a discount to peers with longer histories as listed companies

    The power plant operator checks cooling tower valves at the Calpine thermal energy power plant in Middletown, California
  • Friday, 10 January, 2025
    UK business
    UK ‘well placed’ to obtain enough gas this winter, says biggest network operator

    National Gas comments come after Centrica says low temperatures have strained supplies

    A cooker ring lit by gas
  • Friday, 10 January, 2025
    US foreign policy
    US imposes wide-ranging sanctions on Russian oil sector

    Move by outgoing Biden administration made in co-ordination with UK

    A worker turns a valve wheel in the yard at the Gazprom PJSC Atamanskaya compressor station,
  • Friday, 10 January, 2025
    LexSolar power
    China’s solar sector could be on course for a glow-up Premium content

    After a plague of overcapacity and falling prices, there are signs the sector may be approaching a bottom

    Workers install panels at a large floating solar farm project in Huainan, China
  • Friday, 10 January, 2025
    US & Canadian companies
    Devastation and subrogation

    California’s wildfire fund could face a test

  • Friday, 10 January, 2025
    EU eastern tensions
    Hungarian energy bid under review over Russia concerns, says Romanian minister

    Bucharest could mirror Spain’s recent decision to block a takeover on security grounds, says Sebastian Burduja

    Viktor Orbán, left, and Vladimir Putin in front of Russian flags before giving a joint press statement at the Kremlin in Moscow, Russia in July 2024
  • Friday, 10 January, 2025
    Mining
    China’s Zijin in takeover talks for lithium miner

    Chinese businesses continue to establish dominant foothold in fast-growing sector for battery supply chain

    A truck transports mined materials on the excavated terrain of the Veliki Krivelj open pit copper mine
  • Thursday, 9 January, 2025
    Energy Source
    New year, new mandates: European aviation industry forced to buy greener fuels Premium content

    Fuel suppliers in UK and EU airports now have to supply a portion of sustainable aviation fuel in departing flights

    A plane takes off from London Heathrow Airport
  • Thursday, 9 January, 2025
    Utilities
    Listed UK water utility dividends exceed private peers’ payouts for first time since Thatcher

    First-time publicly traded companies pay out more than privately held rivals since privatisation

    An aerial view of treated waste water flowing into the River Irwell from the Bolton wastewater treatment works operated by United Utilities
  • Thursday, 9 January, 2025
    Markets InsightAmrita Sen
    Trump will struggle to drive down oil prices

    Energy production in the US will rise but more of the output will be gassy

    A pump jack operates in an oil field in the Permian Basin in Texas
  • Thursday, 9 January, 2025
    Nuclear energy
    The rise of nuclear-powered batteries

    Companies vie to create small plants for deployment to sites from data centres to oil platforms

    A data centre featuring rows of server racks with illuminated indicators and cables
  • Thursday, 9 January, 2025
    Business InsightJune Yoon
    One fix for the EV battery fire problem

    Better shock absorption could make a big difference to safety without requiring a complete overhaul of current technology

    Burnt out cars
  • Wednesday, 8 January, 2025
    Constellation Energy Group Inc
    Constellation in talks to buy Calpine in near-$30bn US power sector deal

    Negotiations come amid demand surge linked to growth in artificial intelligence technologies

    Constellation Energy operates the Calvert Cliffs Nuclear Power Plant on the Chesapeake Bay in Lusby, Maryland
  • Wednesday, 8 January, 2025
    Renewable energy
    Scotland to host 3 biggest battery energy storage systems in Europe

    Investment by Copenhagen Infrastructure Partners comes as boost to SNP government before next year’s elections

    First Minister John Swinney during a visit to the Coalburn 1 battery energy storage site
  • Wednesday, 8 January, 2025
    Shell PLC
    Shell flags weaker gas production

    Oil major warns of ‘significantly lower’ trading in gas and chemicals units as hedging contracts expire

    Two cyclists ride along a bike path past oil storage silos at the Shell refinery in Rotterdam
  • Wednesday, 8 January, 2025
    News in-depthOctopus Energy
    Octopus Energy’s software platform is emerging from parent’s shadow

    Kraken now has more than 60mn accounts and forecasts that it will win tens of millions more

    A person is standing in front of multiple large screens displaying various data visualisations and graphs.
  • Tuesday, 7 January, 2025
    Thames Water
    Thames Water junior creditors accuse rivals of ‘predatory’ loan conditions

    Class B bondholders have filed their own restructuring plan for the troubled utility

    A Thames Water van on a road, near staff carrying out repairs and maintenance in London, England in December 2024
  • Tuesday, 7 January, 2025
    Energy Source
    Five questions looming over the energy sector in 2025  Premium content

    Countries will grapple with a bearish oil market, rising power demand and crises that challenge their climate pledges

    An oil pumping jack in a field as the sun sets in the background
  • Tuesday, 7 January, 2025
    US-China relations
    US adds Tencent and CATL to blacklist of companies working with China’s military

    Shares of WeChat owner and EV battery maker fall after defence department discloses designation

    A person carrying an umbrella walks past the Tencent building
  • Tuesday, 7 January, 2025
    Seplat Energy Plc
    Nigeria’s Seplat moves in to fill gap as foreign oil companies retreat

    Buyer of ExxonMobil’s assets in the west African country wants to double production within six months

    Two workers in blue overalls and white helmets are operating machinery at an industrial site.
  • Tuesday, 7 January, 2025
    FT News Briefing podcast11 min listen
    China’s central bank overhaul

    The People’s Bank of China plans to make a historic shift to a more orthodox monetary policy

  • Tuesday, 7 January, 2025
    News in-depthBitcoin
    Bitcoin miners stockpile coins to ride out profit squeeze

    US-listed groups tap investors for cash as competition for resources intensifies

    An array of bitcoin mining units inside a container at a CleanSpark facility in College Park, Georgia
  • Monday, 6 January, 2025
    Energy crisis
    Moldova blames Russia for energy crisis in breakaway region

    People of Transnistria forced to chop wood to heat homes after gas transit deal via Ukraine expires

    Smoke comes out of the chimney of an office, near the Moldovagaz building in Chișinău, Moldova
  • Monday, 6 January, 2025
    Lex
    Electricity co-operation post-Brexit has far more positives than negatives Premium content

    A simple trading agreement would suit both Europe and the UK

    street lights
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Most Read

  1. UK ‘well placed’ to obtain enough gas this winter, says biggest network operator
  2. US imposes wide-ranging sanctions on Russian oil sector
  3. The rise of nuclear-powered batteries
  4. Hungarian energy bid under review over Russia concerns, says Romanian minister
  5. Trump will struggle to drive down oil prices

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