Exclusive: Peru mines on power despite protests, though halt risk looms
Peru’s biggest copper mines have been able to maintain production despite road blockades, attacks and protests that have roiled the Andean nation for over two months and led to warnings of production halts, an analysis showed on Wednesday.
Adani’s market losses top $100 bln as shelved share sale spooks investors
India’s Adani group shares sank on Thursday after it abandoned its flagship company’s $2.5 billion stock offering, swelling the conglomerate’s market losses to more than $100 billion and sparking worries about the potential systemic impact.
Shell advances to next round of bidding for Danish biogas maker Nature Energy -sources
LONDON, Oct 18 (Reuters) – Shell is among a number of companies joining a second bidding round to acquire Danish biogas producer Nature Energy, three sources familiar with the matter said, as energy firms race to boost low-carbon businesses. The sale is due to close by the end of this year and could value Nature Energy […]
Transport Secretary Grant Shapps backs rail industry to bolster jobs during visit to manufacturer Silver Fox
The UK’s Secretary of State for Transport, Grant Shapps, has visited manufacturer Silver Fox, to highlight the ongoing work of the rail sector in generating employment, skills and prosperity in difficult economic times.
EXCLUSIVE Energy trader Mercuria posts record profit for volatile 2020
Mercuria Energy Group had a boom year in 2020, buoyed by the extreme volatility seen in oil markets caused by the COVID-19 pandemic, as well as very strong returns across its portfolio, particularly gas and power.
REUTERS EVENTS Shortage of people, materials can slow energy transition – Enel CEO
A shortage of personnel and basic materials are the main constraints to the pace of the energy transition for top power suppliers such as Europe’s largest utility Enel (ENEI.MI), the company’s Chief Executive Francesco Starace told Reuters.
EU’s carbon border tariff to target steel, cement, power, Bloomberg News says
The European Union plans to impose carbon emission costs on imports of goods including steel, cement and electricity, Bloomberg News reported late on Wednesday.
Analysis: Out of power in Washington, Republicans pursue hard-right agenda
Shut out of power in Washington, Republicans are using their dominance in state houses across the country to oppose Democratic President Joe Biden’s agenda and appease the diehard supporters of his Republican predecessor, Donald Trump. In Texas, Republican lawmakers are pushing for legislation that would allow citizens to carry a handgun without a permit or […]
For state-owned power utility companies in the Pacific, it’s time to cut the cord
State-owned power companies in the Pacific are increasingly becoming a fiscal risk in part due to their outdated management practices. Reforms are needed to allow them to prosper and perform into the future.
Prices matter when tracking economic development and recovery after the pandemic
Measuring purchasing power is an effective way to track economic recovery after the pandemic, estimate the real sizes of economies, and gauge poverty.
