Power-hungry industries across Asia are ramping up investments in the energy transition, according to engineering firm ABB https://t.co/1TsIbTq3m2 ...

Group 1 - Natural gas is projected to be the only fossil fuel increasing its share in the energy mix of the US, China, and India by 2050, while oil and coal usage declines globally [1][2] - S&P Global forecasts that renewables will supply 20% of global energy by 2050, up from 4% currently, indicating a significant shift towards renewable sources [2] - The transition from coal to natural gas is driving energy changes in the US, Europe, and Southeast Asia, with India lagging behind, where fossil fuels currently account for 77% of primary energy use [3] Group 2 - India's energy mix is expected to see fossil fuels' share decrease to 66% by 2050, while renewables will rise to 16%, with natural gas serving as a transition fuel [3] - The Indian government is facilitating the energy transition by promoting LPG usage, reducing traditional biomass reliance from 38% to 19% through schemes like PAHAL [4] - India's National Green Hydrogen Mission aims for 5 million metric tons of green hydrogen production annually by 2030, supporting energy self-reliance and job creation [5]

Let's start with this Shell. It is the top holding in your Cohen and Steers natural resources active ETF. Last week I did a fireside chat with their CEO while Sawan in Italy.He is very focused on putting Shell back on top. They are already the world's biggest trader of LNG. Why is this the biggest holding in your active ETF.Yeah, you know, we've spent the last few years thinking about what the future of energy markets are going to look like. And we've been thinking about it as this, hey, it's not really an ...

Key Takeaways IMO shares rallied 38.6% in a year, topping peers and the broader oil and energy sector.Record output of 427,000 boe/d marked the highest Q2 level in over 30 years.Strathcona renewable diesel facility boosts IMO's clean energy profile and long-term growth.Shares of Imperial Oil Limited (IMO) closed at $92.96 on Monday, near its 52-week high of $93.09, following a gain of 38.6% in a year. During the same time period, the company’s shares outperformed the sub-industry and the broader oil and ene ...

First-half 2025 results Revenue: solid performance (up 4.7% on an organic basis)Operating profit before non-recurring items (EBITA)(1): €20.4 million (up 10.2%)EBITA margin: 6.2% (up 0.1 pt) Paris La Défense, 16 September 2025, 5.35 p.m. (CEST) – At its meeting held today, the Board of Directors of Assystem S.A. (ISIN: FR0000074148 - ASY), an international engineering group, reviewed the Group’s financial statements for the six months ended 30 June 2025. Dominique Louis, Assystem's Chairman & CEO, state ...

Core Insights - BP plc stock has increased approximately 15% year-to-date, outperforming the S&P 500's 12% rise, driven by a significant oil discovery offshore Brazil estimated at 2–2.5 billion barrels and a preliminary agreement for gas wells in Egypt [2][3] Financial Performance - BP reported a Q2 underlying profit of $2.4 billion, which is a decrease year-on-year but above expectations, with mixed segment results: Gas & Low Carbon Energy benefited from enhanced trading, while Oil Production & Operations faced lower realizations [5] - Upstream production is expected to decline slightly, while downstream operations will benefit from seasonal demand [6] Valuation Metrics - BP is trading at approximately 0.5x price-to-sales (P/S), below its historical average range of 0.24x to 0.80x, indicating it is less expensive compared to peers like Exxon Mobil and Chevron, which trade at P/S multiples of 0.7x to 1.5x [6][7] Strategic Direction - BP is pivoting back to oil and gas, scaling back renewable initiatives in response to shareholder demands for higher cash returns, including divesting U.S. onshore wind assets and cutting $5 billion from the clean-energy pipeline [8][9] - The company aims for 2.5 million barrels of oil equivalent per day by 2030, reflecting a shift from its previous goal of reducing oil output by 40% [9] Clean Energy Aspirations - Despite reducing its renewable focus, BP continues to pursue hydrogen projects, planning to develop 5–7 hydrogen and carbon capture projects globally, including collaborations for green hydrogen initiatives in Spain and Germany [10]

Company to present its Hydrochemolytic™ Technology (HCT), highlighting the role of innovative chemical recycling in advancing sustainable chemistryLONDON, Ontario, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Aduro Clean Technologies Inc. (“Aduro” or the “Company”) (Nasdaq: ADUR) (CSE: ACT) (FSE: 9D5), a clean technology company using the power of chemistry to transform lower-value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, today announced that Aduro Clean ...

Core Insights - Blackstone's private equity arm is acquiring the Hill Top Energy Center, a 620-MW natural gas power plant in Pennsylvania, for nearly $1 billion [1][3] - The acquisition price of approximately $1,600 per kilowatt is higher than recent gas plant purchases, reflecting various influencing factors [2] - The total value of natural gas plant acquisitions in 2024 has surpassed $4.3 billion, a significant increase from $3.1 billion in 2023, with individual plant values roughly doubling since 2020 [2] Acquisition Details - The Hill Top acquisition is part of Blackstone Energy Transition Partners' strategy, which includes a previous purchase of the Potomac Energy Center, a 774-MW plant in Virginia for a similar price [3] - Blackstone has been developing or constructing around 1,600 MW of new power generation capacity in the U.S. over the past three and a half years [5] Strategic Importance - Blackstone emphasizes that Hill Top is one of the newest and most efficient combined cycle gas turbine plants in the U.S., positioned to support power needs for data centers and other applications in the PJM market [6] - The company plans to invest over $25 billion to enhance Pennsylvania's digital and energy infrastructure, aiming to catalyze an additional $60 billion investment in the state [5]

Core Insights - Serentica Renewables has entered into binding agreements to acquire Statkraft's Indian solar business, which includes a 445MWp operational solar plant and 1GWp of development assets, increasing Serentica's operating portfolio to 1.5GW and supporting its goal of reaching 17GW by 2030 [1][2][6] Group 1: Acquisition Details - The acquired portfolio is located in resource-abundant states of India and supplies power on a merchant basis, transitioning to provide continuous service to commercial and industrial clients, reducing CO₂ emissions by approximately 0.6 million tonnes annually [2][6] - Statkraft, a leading renewable energy producer in Europe, expressed satisfaction with the transaction, highlighting Serentica's growth and ambitions in the renewable energy sector [3][4] Group 2: Transaction Advisors and Conditions - Standard Chartered Bank acted as the buy-side transaction advisor, while Ernst & Young served as the exclusive sell-side banker for Statkraft, with legal counsel provided by Khaitan & Co. and Cyril Amarchand Mangaldas [4][5] - The completion of the transaction is contingent upon meeting certain conditions and obtaining necessary regulatory approvals [5] Group 3: Future Plans and Commitments - Serentica Renewables aims to deliver over 50 billion units of clean energy annually, supported by a $650 million investment from KKR, facilitating a reduction of 47 million tonnes of CO₂ emissions [7]

Elevra Lithium (NasdaqCM:ELVR) Update Summary Company Overview - **Company Name**: Elevra Lithium Ltd - **Merger**: The merger between Sayona Mining and Piedmont Lithium is complete, resulting in the formation of Elevra, which aims to lead the North American hard rock lithium sector [1][2] Core Points and Arguments Merger Rationale - The merger was focused on creating a competitive business on a global scale rather than merely increasing size [2][3] - Benefits include a unified ownership structure, optimized logistics, and a stronger financial position to fund growth [3] Financial Position - Post-merger, Elevra has 168 million shares issued and a pro forma cash position of approximately $227 million as of June 30 [4][5] - The company is positioned as the number one pure play hard rock lithium producer in North America [3] Resource and Operational Performance - The updated 2025 JORC estimate shows 95 million tons at a grade of 1.15% and 49 million tons of reserves, representing a 124% increase in reserves since 2023 [8][9] - NAL's operational performance includes a 14% increase in ore mined and a 31% increase in concentrate production year-on-year [11] Growth Strategy - The growth strategy includes optimizing NAL, advancing brownfield expansions, and integrating supply chains with partnerships, particularly in Quebec [14][15] - The company plans to increase production to 315,000 tons per year with a capital investment of $270 million, resulting in a post-tax NPV of $950 million and an IRR above 26% [12][13] Market Demand and Offtake Agreements - The demand for lithium is projected to grow at a compound annual growth rate of 10% through 2030, driven by EV adoption and government mandates [15][16] - Elevra has secured offtake agreements with LG Chem for 200,000 tons and Tesla for 125,000 tons, with a focus on North American partnerships [16][50] Additional Important Content Governance and Leadership - The board is chaired by Dawne Hickton, with a diverse team possessing extensive operational and financial expertise [5][6] - The management team has practical experience in building and operating lithium mines, which is crucial for Elevra's growth [6] Synergies and Cost Savings - The merger is expected to yield over $15 million in annual savings through operational efficiencies [8] - The company emphasizes a disciplined approach to growth, ensuring that capital expenditures align with market cycles [12][15] Future Outlook - The company aims to maintain operational stability through market cycles, focusing on cost reduction and maximizing value during upswings [15] - The timeline for the NAL expansion includes permitting and construction phases, with a realistic roadmap set for completion by 2030 [12][26] Exploration and Development Projects - Elevra is considering monetizing other development projects while prioritizing the NAL brownfield expansion [35] - The Ewoyaa project remains a focus, but NAL is viewed as a stronger opportunity for immediate advancement [69] Environmental and Regulatory Considerations - The permitting process for greenfield projects in Quebec is expected to take a minimum of five years, emphasizing the importance of a methodical approach [67] This summary encapsulates the key points from the Elevra Lithium update, highlighting the company's strategic direction, operational performance, and market positioning in the lithium sector.