DCC, one of FTSE 100’s biggest energy firms, agrees £5.75bn takeover
KKR and Energy Capital Partners have agreed to acquire energy firm DCC for £5.75bn, a move drawing criticism from founder Jim Flavin and major shareholders Aviva and Fidelity.
Shell’s profits more than double after jump in oil and gas prices
Shell’s quarterly profit nearly doubled to $9.8 billion in the second quarter, driven by surging oil and gas prices following Middle East market disruptions and energy supply constraints.
BP boss urges Burnham to prioritise UK oil and gas even as firm exits North Sea
BP’s chief executive urged UK Prime Minister Andy Burnham to prioritize domestic oil and gas production even as the company prepares to exit the North Sea after 60 years of operations.
Millions in Great Britain could face emergency power cuts at short notice
Great Britain’s electricity system operator can now impose rotating blackouts with only eight hours’ notice under new grid rules approved this week to prevent widespread power system collapse.
Chemical Spill at Duke Energy Plant in Florida Highlights Risks of Fossil Fuel Infrastructure
Duke Energy reported a chemical spill of approximately 3,200 gallons of sodium bisulfite at its Anclote Power Plant in Florida on August 20, with authorities confirming it did not reach nearby waterways.
Delaware Governor Signs First-of-its-Kind Bill to Power Data Centers with Clean Energy
Delaware Governor Matt Meyer signed legislation requiring data centers to build clean energy infrastructure and pay their fair share of electricity costs, positioning the state as a national leader in regulating tech facility energy demands.