Winston Soosaipillai accused of creating a ‘web of deceit’ before energy group collapsed
Revised Corporate Net-zero Standard faces criticism over renewable energy rules
Orion CMC looking at Duval family’s stake in group where the French state is a shareholder
Also in this newsletter: Revolt against deficit spending to temper energy prices
Group took $176mn hit and parted ways with its head electricity and gas trader as winter volatility battered positions
PM Jonas Gahr Støre tells FT that Europe should seek energy security as he presses bloc to scrap drilling ban in High North
It depends on electricity rates, where you live and how much time you spend at home — as well as your broader motivation
Multilateral lender says 15 countries have requested $4bn in emergency support due to war in Iran
Companies able to claim they have made ‘best efforts’ even if they fall short of climate goals
Iceland chair Lord Richard Walker, appointed by Starmer in February, calls system ‘mathematically unsustainable’
Electrification is the purchase of optionality and China bought more of it than any nation in history
Resistance is rising as the technology becomes more essential to meet surging power demand
Still-ample stocks and some more reactive producers and consumers look to have left the world better equipped to cope with disruption
Copper and aluminium had been rallying before Middle East conflict hit supply
Rivals had hit out at Britain’s largest household supplier, arguing it was unfair it could keep taking on customers
Higher prices are prompting some miners to take up their shovels
Costs mount for restructuring of UK’s biggest water company as it strives to avoid nationalisation
A shortage of the raw material has sent Chinese smelters racing to find alternatives
US carmakers pivot to energy storage batteries for AI as they seek to counter weak electric vehicle sales
Lack of detail on why Albert Manifold was fired sows doubts over culture overhaul
Group’s head oil trader said the company learned lessons from the 2022 shock
Crude prices stay below $100 a barrel as China’s import cuts help eke out global stockpiles
JPMorgan dominant with 12% increase in deals while European banks reduced market share
Company’s off-grid energy infrastructure is used by more than 50mn customers across sub-Saharan Africa
Eurozone records largest year-on-year decline in fuel sales since October 2023
