5 spunti per approfondire (22/2024)

La rubrica settimanale con i consigli di lettura di RivistaEnergia.it, dall’Europa e dal mondo. Settimana 22/2024

“ConocoPhillips has agreed to acquire Marathon Oil in an all-stock deal valued at $17.1 billion in a bid to catch up with rivals as drillers race to secure new oil and gas wells. Under the terms of the agreement, Marathon Oil stockholders will exchange each share for 0.255 shares of ConocoPhillips, representing a nearly 15% premium based on Marathon Oil’s closing share price on Tuesday. The deal allows ConocoPhillips to expand its presence in several key U.S. shale basins including in Texas and North Dakota. Marathon Oil shares jumped 8.4% on Wednesday to close at $28.68. Shares of ConocoPhillips shares slid 3.1% to close at $115.25. Houston-based ConocoPhillips in recent months saw competitors Exxon Mobil, Chevron, Occidental Petroleum and Diamondback Energy beef up their oil and gas properties with deals totaling about $150 billion. Most of these deals were focused on the prolific Permian Basin of West Texas and New Mexico.”

ConocoPhillips to Acquire Marathon Oil in $17.1 Billion All-Stock Deal
Articolo – The Wall Street Journal

“The Biden administration on Wednesday proposed expanding tax credits that have for years boosted U.S. solar and wind energy projects to cover a wider range of clean energy technologies including nuclear fission and fusion. The Treasury Department announced its guidance for Clean Electricity Production Credits and Clean Electricity Investment Credits, created under the 2022 Inflation Reduction Act, that will be available in 2025 as the previously available wind and solar production and investment tax credits sunset.”

Biden administration expands tax credits beyond wind, solar
Articolo – Reuters

“Around the world, people are already living through the havoc brought on by global temperatures that are breaking records. It’s about to get a lot worse. Odds are growing that 2024 will become the hottest year in history as the Northern Hemisphere barrels into summer. Prices for some of the world’s most vital commodities — natural gas, power and staple crops like wheat and soy — are climbing. The world of shipping, already thrown into chaos from the Red Sea to the Panama Canal, is likely to be rocked again by parched waterways. And the potential for destructive wildfires is increasing. The outlook is a bleak reminder of how wild weather driven by climate change is worsening inflation, elevating the cost of energy, food and fuel. Frequent natural disasters are also heightening the risk of devastating damages and insurance costs while making it harder to predict market moves. Last year, extreme weather and earthquakes inflicted global losses of $250 billion, according to Munich Re.”

Traders Are Bracing for a Record-Smashing Summer That Will Shake Up Commodities
Articolo – Bloomberg

“Saudi Arabia is selling roughly $12bn worth of shares in its national oil company Saudi Aramco, as the kingdom seeks further capital for its sovereign wealth fund. The Saudi government will sell at least 1.545bn shares, or 0.64 per cent, of the world’s largest oil company at a price between SR26.7 and SR29. The Saudi kingdom also has the option to sell up to an additional 154.5mn shares at the final price. If the option is exercised in full, it would net the kingdom an additional $1bn. Amin Nasser, chief executive of Saudi Aramco, said the timing of the sale had been decided by the government, but that the offering was an opportunity for the company to broaden its international investor base. He declined to name any anchor investors in the offering, saying the process would begin on June 2 and end on June 6.”

Saudi Arabia to sell $12bn worth of Saudi Aramco shares
Articolo – Financial Times

“Net-zero has rapidly become the accepted way of framing mitigation policy and sustainable development goals. A critical step to achieve net zero targets consists of demand side flexibility, i.e. the ability to flex consumption according to levels of low carbon electricity generation. There is much emphasis on the importance of reaching high levels of flexibility, as this will enable balancing of renewables supply with demand, hence lowering energy costs. However, little attention has been paid to governance aspects, i.e. how demand side flexibility can happen and which institutions are responsible for delivering it. This policy perspective paper makes use of net-zero “good governance” principles to review evidence on demand side flexibility governance in the UK. It discusses which areas are most relevant and how they could best be developed.”

Governance perspectives on achieving demand side flexibility for net zero
Ricerca – Energy Policy

della stessa rubrica

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