Kiran Stacey

I’m sad to say that after eight months of running Energy Source, I’m moving onto pastures new, to take up a position in Westminster as one of the FT’s crack team of political correspondents. You can continue to read my rantings (some may even be energy related) in the FT and on the Westminster blog. Read more

Mol Duna refineryHungary is taking no chances with control of Mol (MOL:BUD), the national oil company. After announcing a €2.88bn deal to buy back a controversial 21.2 per cent stake from Surgutneftgaz, the secretive Russian energy group, Budapest is proposing to up its stake further, to up to 24 per cent. Read more

Kiran Stacey

We all knew that the collapse of BP’s deal with Rosneft to drill in the Arctic was more damaging for BP than it was for their prospective Russian partners. Read more

Kiran Stacey

Just as private equity houses are found to be ramping up their interest in the oil and gas sector, they are at the same time backing out of green energy and cleantech, worried about the possibility of a green bubble forming. Read more

Kiran Stacey

With two private equity groups having pulled out of the bidding, Toshiba is closing in on a $2bn deal to buy Landis+Gyr, the world’s largest smart-meter maker by revenues. Read more

Kiran Stacey

Wednesday has been an important day for the nuclear industry, especially in the UK. Read more

Kiran Stacey

Shokri Ghanem, the chairman of the Libyan National Oil Corporation, has left the country for Tunisia, in what is being called by the Libyan rebels and the British foreign office a defection. Read more

BP shareholders breathed a sigh of relief on Tuesday on the collapse of the Rosneft deal talks, with the stock climbing over 1 per cent. Read more

Kiran Stacey

I speculated earlier this month somewhat idly on whether the UK or US energy secretary would be the first to quit his post. Many in the gossipy world of Westminster politics are betting on an imminent Chris Huhne departure. But after one of the stormiest weekends of his political life, it is difficult to say whether he is now stronger or weaker. Read more

Kiran Stacey

The news last week that the Japanese government was close to agreeing a bailout plan for Tepco, the electricity company that owns the Fukushima nuclear plant, should have come as a relief for the company and its debt holders. Read more