The West will have to choose between cutting China off its supply chains and meeting its climate goals as it faces a highly challenging energy transition, new research has found. The United States and the European Union have, for...
India’s state-run refiners are facing a shift in fortunes as once cheap Russian oil becomes more expensive and less accessible, squeezing profits for companies that had been benefiting from Moscow’s war in Ukraine.Attacks in the Red Sea have driven up...
The Central Electricity Regulatory Commission has directed power exchanges to not allow any manual entry of bids on behalf of their members within or after trading hours. It has also ordered exchanges to not accept any bids after the trading...
Rising political and social polarisation across the world is a real concern as it brings policy instability and raises risks for investments in the energy sector, Shell chief executive officer Wael Sawan told ET's Sanjeev Choudhary in an interview. The...
OpenAI chief Sam Altman’s admission at the World Economic Forum in Davos last month that global energy systems will struggle to cope with the demand from the next wave of generative AI systems has spurred concern about the environmental...
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Rio Tinto’s board has approved the world’s biggest mining project in west Africa, chief executive Jakob Stausholm said as he outlined the...
The EU’s climate chief has warned the bloc’s drive to cut greenhouse gas emissions has seen it grow more dependent on Chinese technology, the news website Euractiv reported. Europe used to be a leader in solar panel manufacturing but...
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Natural resources producer Glencore has slashed its dividend after annual earnings halved due to the easing of turmoil in global commodity markets...
The Centre will invite private companies to invest about $26 billion (₹2.16 lakh crore) in nuclear energy to increase the amount of electricity from sources that don't produce carbon dioxide emissions, said two government officials who are directly involved in...
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Glencore-backed nickel miner Horizonte Minerals has warned it needs another financial injection after reporting a more than doubling in the cost to...
