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🟡 Semafor Energy: What green CEOs have in common
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EU unveils €3B plan to counter China’s rare earths grip
Both the EU and US have found themselves vulnerable to Beijing’s leverage over critical minerals.
Stringer/File Photo/Reuters
Oil prices rise amid Ukraine strikes on Russian oil infrastructure
US-brokered peace talks in Moscow yielded scarce progress.
Stringer/Reuters
Trump to roll back Biden-era fuel economy standards for vehicles
Low-emission vehicles have been a target of the administration and congressional Republicans for months.
Hannah McKay/Reuters
Democrats seek new relationship with fossil fuels
Sen. Ruben Gallego, D-Ariz., a rumored presidential contender for 2028, released a new energy strategy.
Ruben Gallego. Jon Cherry/Reuters
Canada softens climate rules for Alberta oil pipeline deal
Mark Carney framed the decision as essential to developing the province’s energy sector while reducing Canadian dependence on the US.
Mark Carney and Alberta’s Premier. Todd Korol/Reuters
TotalEnergies to sell stake in Nigeria projects to Chevron
TotalEnergies also sold 10% of a different Nigerian offshore field to Shell.
Akintunde Akinleye/Reuters
Ukraine carries out record attacks on Russian energy infrastructure
The offensive included a series of drone attacks on oil vessels in the Black Sea that Kyiv alleges were part of Russia’s “shadow fleet.”
Schneider to fast-track electricians to meet data center demand
The French firm already trains 10,000 electricians a year globally and is looking to boost that figure, an executive told Semafor.
Oil prices tip down on oversupply fears, Ukraine talks
Cheaper oil, and the effect of US and European sanctions, are expected to push Russia’s oil and gas revenue down 35%, Reuters reported.
Small nuclear reactor startups set for wave of consolidation
X-energy, an SMR startup backed by Amazon, closed one of the largest-ever fundraising rounds for that technology on Monday.
Waste manager Veolia sees AI boom as key to US expansion
France-based Veolia on Friday announced its biggest acquisition since 2022, agreeing to pay $3 billion for the US hazardous waste manager Clean Earth.
Why COP30 wasn’t as bad as it seemed
All things considered — including the fire that almost took the venue down — COP30 went about as well as it could have.
Climate change devastating key Indian crops, results show
Heat has devastated the cultivation of cardamom as well as tea.
UK most expensive place to build nuclear power, report shows
A “systematic regulatory failure,” with multiple points of veto, has hamstrung the industry, the report said.
COP30 falls short of ambitious deal
COP30 ended without the plan some countries sought, but did manage to produce a few promising workarounds.
Ukraine seeks $44B from Russia for war-related carbon emissions
Kyiv said the claim would cover emissions from the fossil fuels and emissions-heavy commodities like cement and steel used in fighting the war, among others.
In the coming energy glut, solar will outshine LNG
China and the US have competing visions for the future of energy, and Beijing is looking like the safer bet.
US EV sales hit record high as incentives end
Investments in clean energy and transportation hit $75 billion in the US in the third quarter of this year, a Rhodium report found.