Aggreko seeks New York return as AI turns modular power into core infrastructure
Aggreko has filed for a New York Stock Exchange flotation under the ticker AGKO, although the share count, price range and timetable remain undisclosed. H1 net revenue rose 28% to $1.92bn, driven partly by rapid… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Eni and BP target swift Denise West sanction as Egypt’s gas shortfall deepens
Eni and BP expect to decide within months whether to develop the Denise West discovery, targeting first gas in under two years. The field contains an estimated 2 Tcf of gas and 130m barrels of… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Woodside axes $5bn transition target as low-carbon demand fails commercial test
Woodside has abandoned targets to invest $5bn in new energy products and sanction projects providing 5m tonnes a year of emissions-abatement capacity by 2030. The company has written down its H2OK hydrogen project and placed the $2.35bn Beaumont New Ammonia acquisition under strategic review. Woodside retains its 30% Scope 1 and 2 emissions-reduction target, but […]
Weaker electric car mandate could strip 12 GW from UK flexibility pipeline, BEAMA warns
Relaxing the 2030 electric car sales trajectory from 80% to 50% could result in 1.7m fewer home chargers by 2034, according to BEAMA modelling. The trade body estimates a £1.56bn loss in charger sales and… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
OPITO launches decarbonisation qualification as energy skills squeeze intensifies
OPITO has launched a globally recognised decarbonisation qualification based on training originally developed by Petronas and its INSTEP technical institute. The programme covers greenhouse gas accounting, carbon pricing, emissions-reduction technologies and project economics, targeting professionals responsible for implementing decarbonisation within operating energy assets. Its launch comes as the energy industry faces a broader workforce squeeze, […]
Endurance prepares first development well as UK CCS enters execution phase
The Northern Endurance Partnership is preparing to drill the first of six carbon-injection wells in the coming weeks. The Endurance store will initially receive up to 4m tonnes of CO₂ a year through a 145 km pipeline from Teesside, with start-up planned for 2028. Drilling moves the UK’s flagship carbon capture and storage (CCS) cluster […]