Traditional power brokers endowed with reserves of fossil fuels will see their global leverage wane
Lower crude prices threaten the ability of the biggest energy companies to lift returns
America’s trade pact partners take advantage of White House freeze on new permits to compete on gas exports
Lula has staked his international reputation on the environment, but he must also find the money to alleviate poverty at home
World’s largest miner expects global demand for red metal will rise by more than 70% by 2050
Venture capital funding has dried up in China, prompting a sharp fall in start-up formation
‘Project Willow’ draws up alternatives for refinery ahead of planned 2025 closure
Wood Mackenzie says sector risks being ‘fatally wounded’ by the government
Poor harvests are pushing up costs up for a nation that consumes 6bn shots a year in bars and cafés
Legally binding crackdown will include promotion of petrol cars, flights and cruise ships
EU bloc among countries putting pressure on COP29 hosts Azerbaijan to prioritise end to use of polluting fuels
Call from Ngozi Okonjo-Iweala adds to pressure from exporters including Brazil to ‘reassess’ rules
Brent crude has fallen 13% since late August on concerns over slowing demand
Decision will mean a net loss of 400 jobs and a threat to thousands more
Also in today’s newsletter, climate scientist Michael Mann on Exxon’s global outlook
Brent has fallen below $70 for first time in 3 years, delaying Opec plans for production increases
Tata Steel plans to replace its Port Talbot blast furnaces with a less-polluting electric arc furnace
Move in retaliation over sanctions could affect western nuclear reactors, many of which rely on Russian supplies
About 2,500 jobs to be lost in shift to greener furnace at south Wales site
State oil company Adnoc to make formal €14.4bn offer for Covestro in biggest European deal this year
Investors shrugged off market ructions and ignored the usual summer lull to pour $130bn into exchange traded funds
Chair of Indian parent company says talks with the British government are ‘going well’
Investors should expect more opportunistic bids in a fragmented sector suffering from dearth of new projects
Commodity trader’s billionaire former head of oil Alex Beard plans to plead not guilty to charges, say lawyers
Also in today’s newsletter, Norway debates when it should halt oil and gas production