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            Energy sector

            • Tuesday, 13 May, 2025
              US-Iran tensions
              US sanctions companies alleged to be shipping Iranian oil to China

              Measures come as Donald Trump offers olive branch to regime in Tehran

              new
              A gas flare on an oil production platform is seen alongside an Iranian flag in the Persian Gulf
            • Tuesday, 13 May, 2025
              Thames Water
              Thames Water executives to receive bonuses from £3bn emergency loan

              Utility’s chair tells MPs that retention payments are needed to prevent rivals ‘picking off’ staff

              2 hours ago
              Adrian Montague
            • Tuesday, 13 May, 2025
              Energy Source
              The EU’s mysterious Russian gas plan — and what it means for US LNG exports Premium?content

              The future could go one of two ways for US liquefied natural gas exporters

              An ice-class tanker used for shipping liquefied natural gas at the Sabetta sea port near the Yamal LNG plant
            • Tuesday, 13 May, 2025
              LexCATL
              Battery maker CATL’s IPO goes against the current Premium?content

              World’s largest battery maker still a tough sell despite US-China trade deal

              A display of an electric vehicle battery is featured at the CATL booth during an expo in Beijing
            • Tuesday, 13 May, 2025
              Nuclear energy
              EU sought to pause Czech nuclear deal days before EDF won court delay

              European Commission warned that South Korean bidder may have benefited from unfair state subsidies

              Workers at the Dukovany nuclear power plant are seen managing a turbine during the maintenance shutdown
            • Tuesday, 13 May, 2025
              Spain
              Spain investigates cyber weaknesses in blackout probe

              Madrid says ‘everything remains on the table’ as it seeks to identify the cause of massive April 28 outage

              A woman in Vigo, northwest Spain, uses a torch to navigate the streets during the April 28 Iberian power outage
            • Tuesday, 13 May, 2025
              News in-depthFT Series
              Powering Britain: radical plan to shake up electricity market faces crunch time

              After months of bitter debate, Ed Miliband is under pressure to decide on ‘zonal pricing’ policy

              Montage shows woman holding electricity meter against a backdrop of glowing wind turbines
            • Tuesday, 13 May, 2025
              News in-depthMining
              Why Trump’s Ukraine resources deal won’t show results for a decade

              Industry executives warn of long timelines and high costs of an agreement championed by US president

              Environmental experts test the groundwater level at the Polokhivske lithium deposit?in Ukraine
            • Tuesday, 13 May, 2025
              Oil & Gas industry
              Energy groups scrap Texas-backed projects as costs rise

              Developers abandon state-backed $5bn fund to shore up supply just as electricity demand soars

              The Constellation Energy Handley generating station in Fort Worth, Texas
            • Tuesday, 13 May, 2025
              Southern Water Ltd
              Macquarie asked Ares to take full writedown on Southern Water debt

              Heavily indebted UK utility is attempting to strengthen its finances

              Macquarie Group logo inside the company’s headquarters in Sydney, Australia
            • Monday, 12 May, 2025
              US Inflation Reduction Act
              Republican tax cut plan would gut US clean energy

              Congressional committee publishes draft law scrapping subsidies for renewables and electric vehicles

              US Capitol building
            • Monday, 12 May, 2025
              Rail
              London’s transport network disrupted by power outage

              Thousands of passengers affected as several train lines were delayed or suspended on Monday afternoon

              A sign at Embankment station displays a list of suspended lines
            • Monday, 12 May, 2025
              Oil & Gas industry
              Opec+ calls time on attempts to boost oil price as Trump visit looms

              Saudi Arabia frustrated with cartel members that exceed targets as production cuts become less effective

              An oil refinery in the desert between Shubaytah and Shubaytah in Saudi Arabia
            • Monday, 12 May, 2025
              LexCobalt
              Cobalt IPO is a novel way to play the blue metal Premium?content

              Investors will gain exposure to a commodity for which demand is expected to grow — but without?any of the operational risk

              A conveyor belt moves raw cobalt for processing at a mine near Lubumbashi, the Democratic Republic of Congo
            • Monday, 12 May, 2025
              IPOs
              Cobalt Holdings plans London IPO with Glencore taking 10% stake

              Metal investment company aims to raise $230mn from listing next month

              Cut cobalt cathodes
            • Monday, 12 May, 2025
              CATL
              EV battery maker CATL to raise at least $4bn

              Chinese company’s Hong Kong offering set to be biggest listing globally this year

              A model of CATL’s second-generation Shenxing Superfast charging battery on display at the Auto Shanghai show
            • Monday, 12 May, 2025
              The Big Read
              How Xi sparked China’s electricity revolution

              Beijing’s aggressive pursuit of energy self-sufficiency could give it the upper hand in the trade war with the US

              Montage of electric power, solar panels, wind turbines, Chinese flag and line chart
            • Monday, 12 May, 2025
              Oil & Gas industry
              The Nigerian companies leading historic shift in oil wealth ownership

              Local producers are stepping in to fill the gap vacated by foreign majors retreating from Africa’s largest producer

              Oil platform in Lagos, Nigeria
            • Sunday, 11 May, 2025
              Saudi Aramco
              Saudi Aramco cuts its dividend by $10bn

              Lower payouts from supermajor put pressure on Riyadh’s ambitious diversification plans

              A man rides a bike past a Saudi Aramco oil tank
            • Saturday, 10 May, 2025
              US politics & policy
              US military leaders wade into fight over tax breaks for critical minerals

              Fight is underscoring scrambled political alliances surrounding Biden-era Inflation Reduction Act

              A worker at a Standard Lithium plant in Arkansas, United States
            • Friday, 9 May, 2025
              Portugal
              Power prices surge in Portugal as it suspends Spain link after blackout

              Lisbon paused imports from its neighbour ‘a(chǎn)s a precaution’ after catastrophic blackout on April 28

              A man waits for the power to be restored inside a tram in Lisbon, Portugal, during a blackout that affected the entire Iberian peninsula and the south of France on April 28 2025
            • Friday, 9 May, 2025
              News in-depthBP PLC
              BP rivals run the numbers on takeover of struggling oil major

              British company left vulnerable to acquisition after sharp slide in its share price over past year

              A montage of the BP logo and a line chart on a blue background
            • Friday, 9 May, 2025
              Special ReportWatches and Jewellery: May
              Canada looks for bright spots as diamond mines wind down

              Jobs for Indigenous people especially are under threat, though prices for stones are forecast to rise as scarcity increases

              Attendees interacting and viewing displayed jewelry pieces at a sophisticated indoor event
            • Thursday, 8 May, 2025
              Energy Source
              Could the US coal industry make a comeback? Premium?content

              The power source may be finding a second wind amid swelling demand for electricity

              The smoke stacks at a coal plant against a blue sky
            • Thursday, 8 May, 2025
              Richard Milne
              TikTok vs defence: Europe faces a reckoning over the allocation of energy

              Competition for electricity is growing rapidly as conflicts in Scandinavia show

              Silje Karine Muotka, president of the Sami Parliament, gives a speech in front of activists protesting against wind turbines built on land traditionally used to herd reindeer
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            1. Republican tax cut plan would gut US clean energy
            2. Macquarie asked Ares to take full writedown on Southern Water debt
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              2 hours ago
            4. Powering Britain: radical plan to shake up electricity market faces crunch time
            5. Spain investigates cyber weaknesses in blackout probe

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