Energy
The only way is up for commodity prices
Recent falls in prices do not take the long-term dynamics of supply and demand into account, especially the aspirations of the emerging world
Categories: Energy
Delayed nuclear deal faces inquiry
The National Audit Office has opened the door to an investigation into any agreement between EDF Energy and the Government over building the £14bn Hinkley Point nuclear plant.
Categories: Energy
Filing shows McClendon’s costs at Chesapeake
The drain on his cash to fund his well stakes is one factor in the debts of hundreds of millions of dollars that he built up, secured on those stakes
Categories: Energy
Energy sector seen as threat to stability
The sheer size of the fossil fuel industry risks creating serious financial volatility if climate change rules devalue its assets, a report warns
Categories: Energy
Carbon bubble could fuel another global economic crisis, report warns
Cliamte change targets force energy firms to leave fossil fuels reserves underground, report claims.
Categories: Energy
Fenner is about more than conveyor belts
Mini-conglomerate might have established itself as a manufacturer of conveyor belts, but it sees its future as lying in reinforced polymers
Categories: Energy
Freeport-McMoRan: metal-morphosis
Miner’s bid to diversify with deals for oil and gas groups has not convinced investors and is also being opposed by its targets’ shareholders
Categories: Energy
EDF prepared to let UK nuclear talks fail
EDF has warned that it is prepared to let talks over building the UK's first new nuclear power station in almost two decades fail.
Categories: Energy
Bosch predicts gas-powered autos boom
Shale gas revolution expected to lead to a surge in demand as a low cost alternative to gasoline, particularly for trucks criss-crossing the US
Categories: Energy
BP responsible for critical Macondo test
Executive who was in charge of drilling wells in the gulf said company’s supervisors on rig made final decision on whether test had been passed
Categories: Energy
Oil explorers tumble as French Guiana drilling disappoints
Tullow Oil claims to have made an 'important new oil find' in an untapped region for exploration off the coast of South America.
Categories: Energy
Energy no cleaner despite renewables boom
Progress on types of technologies that could save energy and cut the carbon dioxide emissions blamed for global warming is slow, says IEA report
Categories: Energy
Energy no cleaner despite renewables boom
Progress on types of technologies that could save energy and cut the carbon dioxide emissions blamed for global warming is slow, says IEA report
Categories: Energy
Beijing at home on global regulatory stage
Glencore-Xstrata conditions highlight a shift from considering global M&A deals on purely antitrust grounds and may herald more aggressive rulings
Categories: Energy
BHP affirms full-year output forecasts
World’s biggest resources group sticks with full-year outlook despite quarterly production in its key iron ore and oil divisions missing forecasts
Categories: Energy
BHP affirms full-year output forecasts
World’s biggest resources group sticks with full-year outlook despite quarterly production in its key iron ore and oil divisions missing forecasts
Categories: Energy
Africa's richest man Aliko Dangote to single-handedly double Nigeria's oil output
Africa's richest man, Aliko Dangote, plans to invest up to $8bn to build a Nigerian oil refinery with a capacity of around 400,000 barrels a day by late 2016, almost doubling Nigeria's refining capacity.
Categories: Energy
Enel Green Power bullish on expansion
Renewables group confirms €6.1bn investment in the years to 2017 and says it expects core earnings to rise by some 60% by the end of its spending plan
Categories: Energy
Bumi finance director to step down
Indonesia-focused coal miner said it would delay the publication of annual results because it was reviewing $38m unaccounted payments made at Berau
Categories: Energy
US accuses Alstom of bribery
The charges against one current and one former executive are the first by the Department of Justice as it expands legal issues facing the group
Categories: Energy
The Bottom Line:If Mr Cable has his way...
"If Mr Cable had his way, all the big banks would be broken up and bonuses would be virtually eliminated - a sure-fire way in my view of guaranteeing an end to the UK’s ability to compete as an international financial centre. Let’s not forget that this is a man who is on record as saying that everyone who works in a bank has an ‘aristocratic lifestyle’ clearly demonstrating his lack of understanding of the sector." A tough line on bankers’ bonuses could make a brain drain of financial talent a distinct possibility, warns Paul Marsden. Read more