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UK green economy push faces pressure from networks

Bloomberg Britain’s energy regulator is under pressure to ensure it helps network operators like National Grid Plc finance the transition to a low carbon economy without passing the costs on to consumers. Investment in the green transition is key to the country hitting its climate targets but it won’t come cheap. Ofgem will unveil on Thursday its draft price control ...

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Oil-sands explorers hit 20% of ‘output’

Bloomberg At least 20% of shut-in Canadian production is being restored, just months after the price crash forced producers in Alberta’s oil sands to slash up to 1 million barrels a day of output. Cenovus Energy Inc, Husky Energy Inc and Baytex Energy Corp are among companies that have resumed shut-in production as prices rise above $40 a barrel. Imperial ...

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Facebook, Zuckerberg disappoint once again

Facebook Inc still doesn’t get it. A widely anticipated meeting between the social media giant and the civil rights groups behind the recent Facebook ad boycott — including the Anti-Defamation League, NAACP and Color of Change — did not go well. The New York Times reported CEO Mark Zuckerberg and COO Sheryl Sandberg met for about an hour on a ...

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