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Jamie Smyth @jamiesmythft.bsky.social · 18h

Private equity is buying up energy utilities: but will this multibillion dollar bet on powering the AI boom pay off for investors and what will it do to residential power prices? Read @financialtimes.com on.ft.com/4pZWeXs

Private equity bets big on utilities

[FREE TO READ] Investors seek to profit from rising energy demand driven by AI data centres

on.ft.com

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Jamie Smyth @jamiesmythft.bsky.social · 2d

Shell's top executive in the US says Trump administration’s attacks on wind projects harm investment and pledges not to "step away" from DEI on.ft.com/3KyLYp7 @financialtimes.com

Shell says Trump administration’s attacks on wind projects harm investment

[FREE TO READ] Energy company’s American head also says Shell will not ‘step away’ from diversity, equity and inclusion policy

on.ft.com

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Jamie Smyth @jamiesmythft.bsky.social · 4d

US rush to expand LNG exports heightens fears of global gas glut, with as many as five more terminals due to be green lit before year end on.ft.com/488J305 @financialtimes.com

US rush to expand LNG exports heightens fears of global gas glut

[FREE TO READ] Shell and TotalEnergies voice oversupply concerns as US companies race to build more terminals

on.ft.com

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Jamie Smyth @jamiesmythft.bsky.social · 6d

Update: Fermi stock closed up 55%--- boosting Perry and sons windfall to $2.8bn! on.ft.com/3It3oCZ

IPO of data centre developer touting Trump ties surges on market debut

[FREE TO READ] Investors flock to real estate start-up co-founded by former US energy secretary valued at $19bn

on.ft.com

Jamie Smyth @jamiesmythft.bsky.social · 6d

IPO of company developing a $50bn plus "Trump energy campus" in Texas surges 27% on debut, netting $2.2bn windfall for former US Energy Sec Rick Perry and his son @financialtimes.com on.ft.com/3It3oCZ

IPO of data centre developer touting Trump ties surges on market debut

[FREE TO READ] Investors flock to real estate start-up co-founded by former US energy secretary valued at $16bn

on.ft.com

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Jamie Smyth @jamiesmythft.bsky.social · 7d

Exxon CEO seeks security assurances from Mozambique president over Islamist insurgency before greenlighting a massive $30bn LNG project @financialtimes.com enterprise-sharing.ft.com/redeem/0aa90...

Exxon chief sought security assurances from Mozambique president at UN

[FREE TO READ] US oil major is in final stages of deciding whether to go ahead with $30bn LNG export terminal amid jihadist insurgency

enterprise-sharing.ft.com

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Jamie Smyth @jamiesmythft.bsky.social · 18d

click on the story link!

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Jamie Smyth @jamiesmythft.bsky.social · 18d

The US’s largest public utility is taking a multibillion-dollar gamble on a moonshot nuclear fusion technology backed by Bill Gates that could provide unlimited, carbon-free energy on.ft.com/4nLhiPT @financialtimes.com

Top US utility bets big on new nuclear technology as AI demand grows

[FREE TO READ] The Tennessee Valley Authority plans to replace a coal-fired plant with multibillion-dollar fusion facility — if it works

on.ft.com

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Jamie Smyth @jamiesmythft.bsky.social · 19d

Exxon chief says company has ‘no plans to re-enter Russia, despite a push by Moscow and Washington to link energy investments to a peace deal in Ukraine on.ft.com/4n2iCOa @financialtimes.com n

Exxon chief says company has ‘no plans to re-enter Russia’

[FREE TO READ] Darren Woods says talks with Russian officials aimed at recouping $4.6bn in expropriated assets

on.ft.com

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Jamie Smyth @jamiesmythft.bsky.social · 20d

Surging US power costs defy Donald Trump’s pledge to halve consumer bills and become key vulnerability for Republicans in upcoming elections on.ft.com/3VlVQEN @financialtimes.com

Surging US power costs defy Donald Trump’s pledge to halve bills

[FREE TO READ] Electricity price inflation sparks political debate ahead of elections

on.ft.com

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Jamie Smyth @jamiesmythft.bsky.social · 22d

SEC allows Exxon to set up the first automated company run "vote with the board" retail shareholder voting programme which could blunt shareholder activism @financialtimes.com on.ft.com/4mdewS5

SEC allows Exxon plan to limit shareholder activism

[FREE TO READ] Opt-in proxy system would automate retail investor votes to support board positions

on.ft.com

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Jamie Smyth @jamiesmythft.bsky.social · 26d

Trump's war against offshore wind- an industry dominated by European companies- is raising big sovereign risk concerns for foreign investors, even among oil and gas companies @financialtimes.com on.ft.com/3VGITFI

Trump’s war on offshore wind raising ‘sovereign risk’ for foreign investors

[FREE TO READ] Critics warn the harassment of overseas companies jeopardises the US president’s goal of attracting investment

on.ft.com

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Jamie Smyth @jamiesmythft.bsky.social · 27d

Donald Trump’s assault on green energy could halve pace of US decarbonisation, warns report, which highlights risk US emissions start rising again from late 2030s without policy reversal on.ft.com/46kLrOP @financialtimes.com

Donald Trump’s assault on green energy could halve pace of US decarbonisation, report finds

Forecasts pinned to president’s axing of tax credits and surging electricity demand due to artificial intelligence

www.ft.com

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Jamie Smyth @jamiesmythft.bsky.social · 29d

US demands EU stops buying Russian gas if it wants new sanctions on Putin and warns Brussels that its climate laws could destroy the EU-US trade deal on.ft.com/487Vd9j @financialtimes.com

US demands EU stops buying Russian gas if it wants new sanctions on Putin

[FREE TO READ] Energy secretary also says European climate rules threaten trade deal with Trump administration

on.ft.com

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Reposted by Jamie Smyth

Michela Tindera @mtindera.ft.com · Sep 5

This week on Behind the Money from the @financialtimes.com, we're looking at the competition between Chevron and Exxon with US energy editor, @jamiesmythft.bsky.social:

"These two US oil majors, Chevron and Exxon, they're in a battle for the future."

🎧: podcasts.apple.com/us/podcast/b...

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Jamie Smyth @jamiesmythft.bsky.social · Sep 4

Chevron gears up to take on ExxonMobil as the battle to become the last big US oil company standing during the energy transition intensifies bit.ly/463vw7h a free to listen @financialtimes.com podcast with @mtindera.ft.com

Chevron prepares to take on ExxonMobil

Chevron on path to rebuilding after winning access to $1tn-Stabroek oilfield

bit.ly

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Jamie Smyth @jamiesmythft.bsky.social · Sep 4

Chevron gears up to take on ExxonMobil as the battle to become the last big US oil company standing as the energy transition intensifies @financialtimes.com podcast with @mtindera.ft.com www.ft.com/content/abbf...

Chevron prepares to take on ExxonMobil

Chevron on path to rebuilding after winning access to $1tn-Stabroek oilfield

www.ft.com

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Jamie Smyth @jamiesmythft.bsky.social · Sep 4

Ørsted sues Trump administration for halting $1.5bn offshore wind project, as Denmark/US relations hit rock bottom on.ft.com/45Mui1q @financialtimes.com

Ørsted sues Trump administration for halting $1.5bn offshore wind project

[FREE TO READ] Danish renewable energy company seeks court order to allow it to finish Revolution Wind development

on.ft.com

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Jamie Smyth @jamiesmythft.bsky.social · Sep 2

Interesting article on how the competing visions of post industrial America held by Trump and Biden are impacting JD Vance's hometown of Middletown, Ohio @financialtimes.com on.ft.com/3I4x1Kv

How JD Vance’s hometown fell foul of Trump’s clean energy cuts

[FREE TO READ] Ohio steel mill scrapped plans for a hydrogen-fuelled furnace because of White House’s assault on green incentives

on.ft.com

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Jamie Smyth @jamiesmythft.bsky.social · Aug 28

Donald Trump’s assault on US nuclear watchdog raises safety concerns, warn former staff and commissioners, citing a severe "brain drain" and independence concerns @financialtimes.com on.ft.com/4peEKGP

Donald Trump’s assault on US nuclear watchdog raises safety concerns

[FREE TO READ] Staff ‘forced out’ and independence curtailed at the Nuclear Regulatory Commission

on.ft.com

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Jamie Smyth @jamiesmythft.bsky.social · Aug 27

Surging US electricity prices put Trump energy pledge in jeopardy, as his attacks on renewables, Biden's tax breaks and tariffs cause consumer bills to rise on.ft.com/4mXYXyl

Surging US electricity prices put Trump pledge in jeopardy

[FREE TO READ] Power demand is booming as generation costs are rising

on.ft.com

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Jamie Smyth @jamiesmythft.bsky.social · Aug 21

US oilfield services firm Weatherford Int. expands Russian unit despite new sanctions designed to curb the flow of petrodollars funding Putin's war in Ukraine @financialtimes.com on.ft.com/47DpkoS @chriscook.news

US oilfield services group expands Russian unit despite new sanctions

[FREE TO READ] Weatherford International along with other companies continue to provide critical equipment to the country

on.ft.com

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Jamie Smyth @jamiesmythft.bsky.social · Aug 14

US oil producers warn Opec ‘price war’ will halt shale boom, undermining Donald Trump's campaign pledge to unleash American energy dominance on the world @financialtimes.com on.ft.com/4oSSUgD

US oil producers say Opec ‘price war’ will halt shale boom

[FREE TO READ] Energy Information Administration predicts drop in American output next year as cartel’s supplies soar

on.ft.com

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Jamie Smyth @jamiesmythft.bsky.social · Aug 12

Shell loses a critical legal battle against Venture Global, providing a boost to an US company seeking to upend the LNG industry on.ft.com/3UWbpTg @financialtimes.com

Shell loses legal claim against US LNG operator Venture Global

[FREE TO READ] Energy giant among several clients claiming gas provider broke supply contracts to profit from higher prices

on.ft.com

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Jamie Smyth @jamiesmythft.bsky.social · Aug 11

Nuclear groups tap Spac revival to fuel atomic energy boom: Terra Innovatum, Terrestrial Energy and Eagle Energy Metals seek $500mn and Nasdaq listing on.ft.com/4me826q @financialtimes.com

Nuclear reactor groups tap into Spac revival to fuel atomic energy boom

[FREE TO READ] AI power demand and support from Trump administration has boosted the industry

on.ft.com

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