energy sector — 6 Interesting News (Daily)

8h

Thames Water Lenders Face Up to 40% Losses If It’s Nationalized: Some lenders to Thames Water could face losses of as much as 40% in the event that it ends up ...

bloomberg.com/news/articles/2024-04-18/thames-water-lenders-face-up-to-40-losses-if-it-s-nationalized

3

Apr 18

Booming AI demand threatens global electricity supply: Tech chiefs warn that power-hungry data centres are a bottleneck in developing artificial intelligence

ft.com/content/b7570359-f809-49ce-8cd5-9166d36a057b

Quick Glance: Growing Demand for AI Threatens Global Power Supply

Tech experts concerned about crucial role of energy supply in AI development.

The increasing need for electricity poses a challenge for advancements in artificial intelligence.

Global data centers are expected to require more capacity by 2030 than currently available.

Concerns about environmental impact of technology boom heightened by data centers' energy consumption.

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Apr 18

China’s Solar Surge Is Making a Missing Power Data Problem Worse: The boom in renewable energy installations in China is exacerbating a problem measuring power ...

bloomberg.com/news/articles/2024-04-18/china-s-solar-surge-is-making-a-missing-power-data-problem-worse

18

20h

Thames Water Delays Business Plan Update Scheduled for Friday: Thames Water Utilities Ltd has postponed an update to its business plan originally scheduled for ...

bloomberg.com/news/articles/2024-04-18/thames-water-delays-business-plan-update-scheduled-for-friday

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2h

Wipro's Q4 revenue tops lowered analyst estimates: Wipro , India's No.4 software-services exporter, edged past already lowered revenue expectations in the fourth ...

reuters.com/world/india/indias-wipro-beats-q4-revenue-estimates-2024-04-19/

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17h

Petrobras’ Prates Aligns Himself With Lula to Boost Shipbuilding: Brazil’s state-controlled oil producer Petrobras is getting behind President Luiz Inacio Lula ...

bloomberg.com/news/articles/2024-04-18/petrobras-prates-aligns-himself-with-lula-to-boost-shipbuilding

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Apr 18

Brazil's plans to drill for oil in the Amazon hit stiff Indigenous resistance: State-run energy firm Petrobras has hit growing resistance from Indigenous groups ...

reuters.com/world/americas/brazils-plans-drill-oil-amazon-hit-stiff-indigenous-resistance-2024-04-18/

Quick Glance: Brazil's Struggle Over Amazon Oil Drilling

Petrobras faces resistance from Indigenous groups and government agencies in its key exploration project to open Brazil's northern coast to oil drilling.

The denial of a drilling license in the Foz do Amazonas area due to potential impacts on Indigenous groups has led to organized opposition and a decision expected in 2024.

The conflict highlights a rift in Lula's government, balancing Amazon protection with oil interests, and the potential for a significant oil discovery in Amapa state.

Indigenous leaders demand consultation before drilling, amid concerns over environmental impact and the influx of migrant workers to Oiapoque.

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8h

Exclusive: UAE giant eyes majority stake in Vedanta's Zambian mines in expansion drive

reuters.com/markets/deals/uae-giant-eyes-majority-stake-vedantas-zambian-mines-expansion-drive-2024-04-19/

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10h

Petrobras unit to launch by May process to contract four vessels: Brazilian logistics firm Transpetro plans to launch by May a process to contract four ...

reuters.com/business/energy/petrobras-unit-launch-by-may-process-contract-four-vessels-2024-04-18/

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9h

Russia's Bashneft protects refineries with anti-drone nets, RIA says

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3h

Thames Waters Seeks to Hike Bills by 56% in New Plan, Times Says: Thames Water is seeking to increase customer bills by 56% to fund its five-year spending plan ...

bloomberg.com/news/articles/2024-04-19/thames-water-resubmits-plan-seeking-56-bills-rise-times

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5h

Shell’s value gap is more strategy than geography: It is generally a good thing when a chief executive worries about his company’s share price ...

reuters.com/breakingviews/shells-value-gap-is-more-strategy-than-geography-2024-04-19/

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10h

Instant view: Oil, Japan's yen up on reports Israeli missiles hit Iran: Oil and gold prices rose and Japan's yen rallied on Friday on reports Israeli missiles ...

reuters.com/markets/view-oil-japans-yen-up-reports-israeli-missiles-hit-iran-2024-04-19/

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Apr 18

Nord Stream insurers say policies did not cover war risks, Kommersant reports

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Apr 18

Slow clean power generation growth hits Texas power sector: Maguire: Drops in power generation from wind farms, hydro dams and nuclear reactors has forced the ...

reuters.com/sustainability/climate-energy/slow-clean-power-generation-growth-hits-texas-power-sector-maguire-2024-04-17/

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10h

Vedanta looks to deleverage group by $3 billion: While VRL looks to deleverage $3 billion in the next three years, the group is expecting to achieve an annual ...

financialexpress.com/business/industry-vedanta-looks-to-deleverage-group-by-3-billion-3460281/

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18h

Higher interest rates pose risk to renewable sector, hurting energy transition, say analysts

reuters.com/sustainability/climate-energy/higher-interest-rates-pose-risk-renewable-sector-hurting-energy-transition-say-2024-04-18/

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6h

Netflix to stop disclosing membership numbers from 2025: World's largest streaming service says it is more focused on revenue and operating margin as primary ...

thenationalnews.com/business/markets/2024/04/18/netflix-to-stop-disclosing-membership-numbers-from-2025/

Quick Glance: Netflix to Cease Reporting Subscriber Numbers from 2025

Netflix will no longer report subscriber numbers starting from the first quarter of 2025. The announcement came with the first quarter 2024 results where Netflix exceeded expectations.

Despite the success in the first quarter, Netflix shares dropped over 4.5% after-hours upon revealing the decision to stop reporting quarterly subscriber totals.

The choice to discontinue reporting quarterly membership numbers or average revenue per member is based on Netflix's belief that engagement time is the best indicator of customer satisfaction.

Netflix plans to announce major subscriber milestones but will halt reporting quarterly subscriber numbers and shift investor focus towards time-spent-viewing metrics.

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9h

Woodside revenue falls from prior quarter on lower LNG, oil prices: Woodside Energy posted a fall in first-quarter revenue on Friday compared with the previous ...

reuters.com/business/energy/energy-giant-woodsides-first-quarter-revenue-falls-12-sequentially-2024-04-18/

0 similar articles

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fttechnews Apr 18

How did customer service get so bad?: The collapse of standards is costing companies a fortune and the rest of us our sanity

ft.com/content/0a5d30ed-164f-4b9f-a049-fc9692219f79

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4 25

Reuters

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Apr 18

BP cuts size of executive team, names new head of gas & low carbon energy: British energy giant BP said on Thursday it would reduce the size of its executive ...

reuters.com/business/energy/bp-cuts-size-executive-team-names-new-head-gas-low-carbon-energy-2024-04-18/

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Apr 18

TotalEnergies investors call for split of CEO and chair roles: A group of TotalEnergies investors is calling for the French oil and gas major to split the roles ...

reuters.com/business/energy/investors-ask-totalenergies-split-ceo-board-chair-roles-ahead-may-agm-2024-04-18/

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18h

Mexico's Pemex to hand over natural gas project to business magnate, El Heraldo columnist says

reuters.com/business/energy/mexicos-pemex-hand-over-natural-gas-project-business-magnate-el-heraldo-2024-04-18/

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Apr 18

Nigeria strikes deal with Shell to supply $3.8 bln methanol project: Nigeria has struck a deal for Shell to supply gas to its proposed $3.8 billion Brass ...

reuters.com/business/energy/nigeria-strikes-deal-with-shell-supply-38-bln-methanol-project-2024-04-18/

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Apr 18

TC Energy does not expect service interruptions after Alberta pipeline rupture

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Apr 17

Shell urges investors to reject shareholder group's climate demands

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Apr 18

Nuclear power in Japan: The world's largest nuclear power plant is being reactivated

heise.de/news/Atomkraft-in-Japan-Groesstes-AKW-der-Welt-wird-reaktiviert-9688727.html

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8h

Woodside Energy chief defends climate plan ahead of shareholder vote: Australian oil and gas developer pushed to set more binding net zero commitments

ft.com/content/85312266-5238-4f67-ba3c-ab545784d7fc

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Apr 18

Venezuela oil sector hit by loss of its widest US license: Venezuela's loss of a key U.S. license that allowed it to export oil to markets around the world and ...

reuters.com/markets/commodities/venezuela-oil-sector-hit-by-loss-its-widest-us-license-2024-04-18/

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Apr 18

Ecopetrol and Petrobras should collaborate on green hydrogen, Colombian president says

reuters.com/sustainability/climate-energy/ecopetrol-petrobras-should-collaborate-green-hydrogen-colombian-president-says-2024-04-17/

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7h

Exclusive: UAE giant eyes majority stake in Vedanta's Zambian mines in expansion drive

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Apr 17

Airbus, Rolls-Royce Close to $20 Billion Turkish Airlines Parts Deal: Turkish Airlines is set to sign an agreement with Rolls-Royce Holdings Plc and Airbus SE ...

bloomberg.com/news/articles/2024-04-17/airbus-rolls-royce-close-to-20-billion-turkish-airlines-parts-deal

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Apr 18

Indian shares extend fall as volatility rises before key earnings, general elections

reuters.com/world/india/indian-shares-set-muted-open-worries-about-us-rate-middle-east-linger-2024-04-18/

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World Economic Forum

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Apr 17

The World Economic Forum's Special Meeting on Global Collaboration, Growth and Energy for Development will take place 28-29 April 2024 ... Show more #SpecialMeeting24 www.weforum.org/events/special-meeting-on-global-collaboration-growth-and-energy-for-development-2024/

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13h

Back to blue: Lake Harriet Band Shell renovation almost finished: The Minneapolis monument is back to its familiar color after residents petitioned to restore ...

startribune.com/back-to-blue-lake-harriet-band-shell-renovation-almost-finished/600360031/

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Apr 17

Shell says doing more to rein in global warming is 'unrealistic': It's telling shareholders to vote down a proposal that it bolster its efforts to fight climate ...

qz.com/shell-climate-change-resolution-1851417483

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Apr 18

VST Ind rallies 10% in 4 days as Radhakishan Damani buys 1.5% stake: HDFC Mutual Fund offloaded 330,811 shares, representing 2.1 per cent stake ...

business-standard.com/markets/news/vst-ind-rallies-10-in-4-days-as-radhakishan-damani-buys-1-5-stake-124041800176_1.html

0 similar articles

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Reuters

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Apr 17

Kinder Morgan meets profit estimates on strength in natural gas pipeline segment

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15h

Holtec files lawsuit against New York's radioactive materials discharge law: Holtec International, which is in charge of decommissioning the Indian Point nuclear ...

reuters.com/legal/holtec-files-lawsuit-against-new-yorks-radioactive-materials-discharge-law-2024-04-18/

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21h

🇬🇦 In #Gabon , five workers died in a #fire on an oil rig run by the Anglo-French company #Perenco on March 20, 2024. Workers and union representatives told The ... Show more #security #subcontracting #exploitation #environmental

1:30

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Apr 18

Petrobras board not to discuss extra dividends at Friday meeting, sources say: The board of directors of Brazilian state-run oil company Petrobras is scheduled ...

reuters.com/business/energy/petrobras-board-not-discuss-extra-dividends-friday-meeting-sources-say-2024-04-17/

0 similar articles

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PBS

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Apr 17

U.S. reimposes oil sanctions on Venezuela as hopes for a fair presidential election fades

pbs.org/newshour/world/u-s-reimposes-oil-sanctions-on-venezuela-as-hopes-for-a-fair-presidential-election-fades

Quick Glance: US to Reinstate Sanctions on Venezuela’s Oil and Gas Sector

The United States will reimpose sanctions on Venezuela’s oil and gas sector due to the Maduro government's failure to allow 'an inclusive and competitive election' to take place.

The US government decided not to renew the temporary authorization (General License 44) that allowed transactions with Venezuela's national oil and gas sector without fear of sanctions, citing the Maduro government's failure to uphold key areas of the 'Barbados Agreement.'

While the impact of revoking the authorization could not be quantified, another authorization from 2022 allowing the oil company Chevron to resume limited resource extraction operations in Venezuela will remain in place.

Despite reinstating sanctions, a US official emphasized that this should not be seen as a final decision on Venezuela's electoral capabilities, and efforts to support a better future for the country will continue.

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Apr 17

Brazil court reinstates Petrobras chairman

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Apr 17

Canada to give loan guarantees to Indigenous groups for energy projects: OTTAWA, April 16 (Reuters) - Canada will provide up toC$5 billion ($3 ...

reuters.com/world/americas/canada-give-loan-guarantees-indigenous-groups-energy-projects-2024-04-16/

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Apr 17

Abu Dhabi's TAQA confirms Naturgy shareholder talks as considers takeover bid

reuters.com/markets/deals/abu-dhabis-taqa-confirms-talks-with-spains-naturgy-shareholders-2024-04-17/

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Apr 18

Pemex chief rejects criticisms of debt-laden oil group: CEO hits back at rating agencies and investors for calling the Mexican state company a ‘bottomless ...

ft.com/content/708cf2d4-2dab-4750-8a0e-9ee0714a2718

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14h

How luxury motoring brands are charging into the world of electric vehicles : From Rolls-Royce to Ferrari, leaders in the automotive field are making the switch ...

thenationalnews.com/lifestyle/motoring/2024/04/18/electric-vehicles-sustainability-premium-automotive-brands/

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5h

Markets round-up: Escalating Middle East tensions deepen weekly slump: Global markets are poised for a third consecutive weekly decline as tensions rise in the ...

euronews.com/business/2024/04/19/markets-round-up-escalating-middle-east-tensions-deepen-weekly-slump

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Apr 17

Spain's supervisor CNMV suspends trade in energy company Naturgy

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Apr 16

Canada unions brace for 2025 labor crunch in oil sands maintenance season: Annual maintenance on Canada's oil sands plants is forecast to cause no more ...

reuters.com/markets/commodities/canada-unions-brace-2025-labor-crunch-oil-sands-maintenance-season-2024-04-16/

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Apr 17

Bendigo mine study reveals possible $4.4b in gold: The company behind a mine labelled "the most significant single gold discovery in New Zealand in four ...

odt.co.nz/regions/central-otago/bendigo-mine-study-reveals-possible-44b-gold

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Apr 17

TC Energy gas pipeline triggers wildfire in Alberta, media report

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Apr 18

Rubis inks deal to operate National Oil in rescue plan: Rubis is set to become the strategic investor in National Oil Corporation of Kenya (NOC Kenya).

nation.africa/kenya/business/rubis-inks-deal-to-operate-national-oil-in-rescue-plan--4594166

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23h

Heat pumps can replace traditional water heaters: Tax credits are available for swapping out heaters powered by fossil fuels.

startribune.com/electric-heat-pump-water-heater/600359056/

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Apr 16

Natural gas needed in California's clean energy transition, Edison International CEO says

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Apr 17

South Africa's PetroSA targets Mozambique gas in new sales deal

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Apr 16

Canada to give Indigenous groups loan guarantees for resource projects: Canada will provide up to C$5 billion ($3.6 billion) in loan guarantees to help ...

reuters.com/world/americas/canada-give-indigenous-groups-loan-guarantees-resource-projects-2024-04-16/

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Apr 16

BP starts oil production at new offshore platform in Azerbaijan: BP has started oil production at a new Azeri Central East (ACE) offshore platform in the Caspian ...

reuters.com/markets/commodities/bp-starts-oil-production-new-offshore-platform-azerbaijan-2024-04-16/

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Apr 17

Chilly relationship with the SPD: Schröder didn't miss anyone at his 80th birthday party

spiegel.de/politik/deutschland/gerhard-schroeder-altbundeskanzler-hat-auf-80-geburtstag-niemanden-vermisst-a-489f48d0-6588-4dbd-a408-1841087b14dc

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Apr 17

Hilton, State put up Sh2bn stake in city hotel for sale: Interested investors are obligated to buy out the shareholding of both entities.

nation.africa/kenya/business/-hilton-state-put-up-sh2bn-stake-in-city-hotel-for-sale-4592758

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Apr 16

$10 million solar panel plant announced for north Alabama, to create 70 jobs: OMCO is leasing Building 100 in the Huntsville West Industrial Park at 7620 ...

al.com/business/2024/04/10-million-solar-panel-plant-announced-for-north-alabama-to-create-70-jobs.html

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U.S. Sassuolo Calcio 4h

😤⚡️#ForzaSasol 🖤💚

9 similar articles

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1. FC Heidenheim 1846 e. V. 1h

1. FC Heidenheim 1846 e. V. - Home game information & bus shuttle times for the home game against RB Leipzig!

fc-heidenheim.de/news/detailansicht/archiv/2024/april/fch/heimspiel-infos-busshuttle-zeiten-fuer-das-heimspiel-gegen-rb-leipzig.html

3 similar articles

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Balkan Insight

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1h

Albania has a reasonably long yet little-known history of modest oil extraction in the country. The latest hype came in 2022 ... Show more balkaninsight.com/2024/04/18/shell-dashes-albanians-hopes-of-major-oil-find/

3 similar articles

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Financialexpress

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1h

A look at Isha Ambani-Deepika Padukone’s collaboration and net worth: TIRA, co-founded by Bhakti Modi, a close associate of Mukesh Ambani, competes with ...

financialexpress.com/web-stories/lifestyle/a-look-at-isha-ambani-deepika-padukones-collaboration-and-net-worth-2/

1 similar article

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PBS

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2h

U.S. court rejects a request by tribes to block $10 billion energy transmission project in Arizona

pbs.org/newshour/nation/u-s-court-rejects-a-request-by-tribes-to-block-10-billion-energy-transmission-project-in-arizona

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4h

Japan begins release of 5th batch of Fukushima treated water: The operator of the crippled Fukushima Daiichi nuclear power plant said Friday it started releasing ...

japantoday.com/category/national/japan-begins-release-of-5th-batch-of-fukushima-treated-water

1 similar article

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Leicestershire Live 2h

Shoppers snap up Kate Middleton-approved shampoo and conditioner: Kate is known for her glossy, long, brunette locks

walesonline.co.uk/whats-on/shopping/shoppers-snap-up-kate-middleton-29023969

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SamMobile 2h

TSMC and SK Hynix team up to defeat Samsung in next-gen memory chips: Two of Samsung's top rivals have joined forces to make it difficult for the company to ...

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3h

Siemens Energy: Shares under pressure - Rally over?: Siemens Energy shares fall despite US tax breaks due to industry weakness and turbine problems.

deraktionaer.de/artikel/mobilitaet-oel-energie/siemens-energy-aktie-unter-druck-rally-vorbei-20355673.html

1 similar article

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GQ India

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4h

Find out how many crores Mukesh and Nita Ambani spent on Akash Ambani, Isha Ambani, and Anant Ambani's lavish weddings

gqindia.com/content/find-out-how-many-crores-mukesh-and-nita-ambani-spent-on-akash-ambani-isha-ambani-and-anant-ambanis-lavish-weddings

1 similar article

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nwemail.co.uk

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4h

Electricity North West work will close rural Lakes road: ELECTRICITY North West work will shut a rural Lake District road for cars, pedestrians and cyclists for ...

nwemail.co.uk/news/24262862.electricity-north-west-work-will-close-rural-lakes-road/

1 similar article

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STV Player

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5h

Jobs boost as SSE unveils Scotland’s first immersive safety training centre in Perth

news.stv.tv/north/jobs-boost-as-sse-unveils-scotlands-first-immersive-safety-training-centre-in-perth

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8m

Press Awards honour The Times and The Sunday Times: The papers were crowned daily newspaper of the year and Sunday newspaper of the year at the prestigious media ...

thetimes.co.uk/article/press-awards-honour-the-times-and-the-sunday-times-m0bldfbtp

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41m

Marijuana cocktails at club? How cannabis industry may change in Florida: Cannabis company CEOs say they’re preparing for increased demand for cannabis products ...

orlandosentinel.com/2024/04/19/marijuana-cocktails-at-club-how-cannabis-industry-may-change-in-florida/

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U.S. Sassuolo Calcio 51m

Women's Serie A eBay | Mister Piovani before Juventus-Sassuolo

sassuolocalcio.it/femminile/serie-a-femminile-ebay-mister-piovani-prima-di-juventus-sassuolo/

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news.abs-cbn.com

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1h

Brownout is possible in the following areas from 8 p.m. to 9 p.m. tonight, April 19, 2024, to maintain the integrity of the power system ... Show more

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1h

Japan utilities flag supply concerns as Mideast tensions rise: Japanese utilities have "strong concerns" over escalating tensions in the Middle East as any ...

reuters.com/world/asia-pacific/japan-utilities-flag-supply-concerns-mideast-tensions-rise-2024-04-19/