
Articles
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2 weeks ago |
bloomberg.com | Nina Trentmann |Kari Lundgren
Offshore wind turbines off the coast in Clacton On Sea, UK, on Monday, Dec. 30, 2024. The UK's plans to essentially eliminate fossil fuels from the power network by the end of this decade would require a major overhaul of the way power is consumed to better match fluctuating supply from renewable sources, according to a recent report by the country's grid operator.
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3 weeks ago |
financialpost.com | Priscila Azevedo Rocha |Kari Lundgren
Article content(Bloomberg) — The UK is set to secure imports of Norwegian gas to fuel its economy with a deal that will deepen supply ties with the Nordic nation for the next decade. Sign In or Create an AccountArticle contentCentrica Plc, the owner of British Gas, signed a £20 billion ($27.1 billion) agreement with Norway’s Equinor ASA to buy 5 billion cubic meters of gas per year until 2035 — enough for 5 million British homes — the companies announced.
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3 weeks ago |
bloomberg.com | Priscila Azevedo Rocha |Kari Lundgren
An Equinor offshore gas platform. Photographer: Carina Johansen/Bloomberg(Bloomberg) -- The UK is set to secure imports of Norwegian gas to fuel its economy with a deal that will deepen supply ties with the Nordic nation for the next decade. Centrica Plc, the owner of British Gas, signed a £20 billion ($27.1 billion) agreement with Norway’s Equinor ASA to buy 5 billion cubic meters of gas per year until 2035 — enough for 5 million British homes — the companies announced.
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3 weeks ago |
bloomberg.com | Kari Lundgren |Anna Edwards |Lizzy Burden
Morrow Batteries AS Chief Executive Officer Lars Christian Bacher said the Trump administration’s trade policies are making batteries produced outside of China “more relevant,” as European and US businesses seek suppliers closer to home. “More people and companies and politicians are talking about friend-shoring or on-shoring,” Bacher said in a Bloomberg TV interview Wednesday.
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3 weeks ago |
bloomberg.com | Kari Lundgren
A passenger aircraft, operated by Norwegian Air Shuttle ASA, at Stavanger Airport in Norway. (Bloomberg) -- The Norwegian government sold its entire 6.26% holding in Norwegian Air Shuttle AS for 892 million kroner ($88 million).
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