Ireland

Nuclear Power

British Business - March 29

The following are the top stories on business pages of British newspapers. has not verified these stories and does not vouch for their precision. The Times - Sellafield Ltd, the company running the website that shops the majority of Britain's nuclear waste, is being prosecuted over accusations of IT security offences. The Guardian - The Independent will take control of BuzzFeed and HuffPost in the UK and Ireland to develop Britain's biggest publisher network for Gen Z and millennial audiences, the publishers have said. - The European arm of the Japanese clothing and homeware retailer Muji is to designate administrators,...

Energy Markets

Flights cancelled in parts of UK, power failures in Ireland due to storm

Airline guests in parts of the United Kingdom and Ireland faced travel disturbance at airports on Saturday due to flight cancellations as a storm swept across both nations and left countless Irish homes with power failures. The disruption brought on by Storm Kathleen, called by the Irish Meteorological Service and the 11th named storm of the 2023-24 season, has actually affected flights at airports throughout Ireland and the UK, including Manchester Airport and Belfast City Airport. Dublin Airport stated travellers due to fly were being advised to consult their airline for travel updates after weather conditions at other airports resulted...

Climate Change

Climate modification confined to simple annex in draft WTO offer

The World Trade Company's chief is on an objective to put environment modification at the heart of its work as part of an effort she is causing get the guard dog to square up to a few of the world's most pressing challenges. At a biennial WTO meeting in Abu Dhabi where arbitrators intend to fix brand-new rules for global commerce, the sole paragraph in a 56-page draft contract that explicitly addresses the subject is stuck in an annex - with an explanatory note referring to deep. divergences among members. At first blush, it's tough for an outsider to tell...

Power Markets

I Squared taps advisers to sell Energia for as much as $3 billion, sources state

The owners of Energia Group are looking for advisers to offer the Irish energy in a deal that could value it at as much as $3 billion including debt, 2 sources with knowledge of the offer stated. The sale process by facilities fund I Squared is anticipated to start after the summer, based on market conditions, the sources said on condition of privacy since the details is not public. I Squared acquired Energia in 2016 for 1 billion euros ($ 1.08 billion) and unsuccessfully attempted to offer it in 2018 and 2020. The fund is betting that Energia's core incomes...

Crude Oil

Ithaca Energy PLC Reveals Combination with Eni UK For Consideration Shares Worth C. ₤ 754 Million

Ithaca Energy PLC: * ITHACA ENERGY PLC DELEK GROUP - DLEKG - TRANSFORMATIONAL COMBINATION WITH ENI UK * ITHACA ENERGY PLC: FACTOR TO CONSIDER SHARES DESERVE C. ₤ 754. MILLION * ITHACA ENERGY PLC: MIX OF ITHACA ENERGY AND. SUBSTANTIALLY ALL OF ENI S.P.A.'S UK UPSTREAM OIL AND GAS PROPERTIES * ITHACA ENERGY PLC: ANTICIPATED 2024 COMBINED PRODUCTION OF. 80,000. TO 87,000 BARRELS OF OIL EQUIVALENT PER DAY FOR COMBINATION * ITHACA ENERGY PLC: AMBITION FOR AS MUCH AS $500 MILLION OVERALL. DIVIDEND IN 2024 FOR MIX * ITHACA ENERGY PLC: ITHACA ENERGY BOARD HAVE DETERMINED. THAT. MIX REMAINS IN...

Oil & Gas

MORNING BID AMERICAS-Rates angst, China cut and charge card offer

A look at the day ahead in U.S. and worldwide markets from Mike Dolan Wall St returns from its vacation to a mix of rate of interest cut doubts, retailer updates and the biggest U.S. corporate deal of the year - while China's newest monetary easing was brushed off by markets overseas. With the Federal Reserve launching minutes of its January policy meeting on Wednesday, the rates market has actually been dragged kicking and yelling back more detailed to where the Fed had initially indicated at the end of last year. After sparky brand-new year customer and manufacturer rate readings...

Fossil Fuels

Appealing pipelines and fracking, Trump rakes in millions at Texas fundraisers

Republican governmental prospect Donald Trump raised 10s of countless dollars during a fundraising swing through Texas today, guaranteeing he would support the oil and gas industry by backing brand-new pipelines and restoring fracking on federal land. Trump has actually courted support from the energy industry with a. pro-fossil fuel and anti-regulation agenda and routinely. criticizes President Joe Biden's policies to speed up the. energy transition toward a low-carbon economy. The oil and gas industry has boomed under Biden despite. increased regulation and the more climate-focused. administration, making record profits and pumping more oil and. gas than ever before. The market...