German industry unlikely to fully recover from energy crisis, even as gas prices fall, warns RWE boss

“You’re going to see a bit of recovery, but I think we’re going to see a significant structural demand destruction,” said Markus Krebber
w Jamie Smyth
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Josh Shapiro warns Joe Biden gas stance could hurt election hopes via Financial Times
From ⁦Jamie Smyth⁩ and ⁦Lauren Fedor⁩ on.ft.com/4cOD00I

AI revolution will be boon for natural gas, say fossil fuel bosses, as rapid data center roll out prompts surge in power demand ft.com/content/1f93b9… via @ft Myles McCormick Amanda Chu

The Sisyphean struggles of Africa’s aspirant middle class ft.com/content/6b6cea… via @ft (great article)

World’s largest oilfield services group has no plans to leave Russia Financial Times

Two years and a bit since Russia’s full scale invasion of Ukraine, Schlumberger (aka SLB) has not yet decided to leave Russia. By ⁦Jamie Smyth⁩ and ⁦Myles McCormick⁩ on.ft.com/49bpMIh

The two sons at kicking practice Mounties Football

World's biggest oilfield services group Houston-based SLB says it has no plans to leave Russia despite the the war in Ukraine. Its biggest rivals Baker Hughes and Halliburton sold up in 2022 Financial Times ft.com/content/874141… via @ft Myles McCormick

Oil executives talk down rapid shift to green energy as profits boom, saying consumers are unwilling to pay for the transition despite rising alarm over climate change Myles McCormick Amanda Chu CERAWeek ft.com/content/2379f0… via @ft

Energy security concerns fuel nuclear power renaissance: but can the west reduce its reliance on Russian energy giant Rosatom? ft.com/content/9632bf… via @ft

Bill Gates’ TerraPower plans to build first US next-generation nuclear plant. Construction starts in Wyoming in June, as company joins race with Russian and Chinese rivals to export lower cost reactors ft.com/content/418907… via @ft

'Business is Business. We basically fight it out, work it out' Exxon chief executive claims its clash over Guyana with industry rival Chevron will not hurt its relationship ft.com/content/780c49… via @ft

Oil companies expand methane detection campaign in emerging economies following detection of 26 large leaks over Kazakhstan, Egypt and Algeria ft.com/content/ec4c8f… via @ft

Oil and gas executives expect slower transition to net zero- our latest Financial Times Energy Source newsletter provides an insight into industry thinking ahead of the big CERAWeek conference next week Amanda Chu ft.com/content/96a7fa… via @ft

I have 28 new followers from Ireland, and more last week. See fedica.com/!JamieSmythF

The US was the world’s leading producer of uranium for much of the 20th century - until its market crashed. Now its miners are reopening mothballed mines to meet soaring demand caused by a nuclear renaissance and Russia’s war in Ukraine on.ft.com/4cctcNt Financial Times FT Energy

'The market is going through a tremendous reset . . . I believe the better days are ahead,” Vic Abate, head of wind at GE Vernova, told investors in New York yesterday

Dived into the US offshore wind rescue mission in today's Energy Source newsletter
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ExxonMobil move to seek arbitration over massive Guyana oil development could torpedo Chevron's $53bn bid for Hess ft.com/content/99190f… via @ft

💊 🚑 JOB NEWS 💊🚑 I’m moving to New York later this month to start covering US pharmaceuticals, biotech and healthcare for the Financial Times. I want to write about everything from drug pricing to scientific innovation to pharmacy benefit managers, so please get in touch with any ideas /1

Musk's SpaceX blasts a powerful methane-sniffing satellite into space which aims to slash emissions of the planet warming gas and hold the oil & gas industry to account shorturl.at/HL058 Financial Times FT Energy

Nikki Haley was in Texas today making a last-ditch effort to close the gap with Donald Trump ahead of tomorrow’s Super Tuesday primaries: