Election results in France and the U.K. over the past few days provide fresh hope for renewable energy companies and nuclear operators, but they could weigh on oil and gas producers.
The Labour Party’s landslide victory in the U.K. is a mixed bag for oil-and-gas companies. The party’s manifesto vows to protect oil-drilling jobs and expects offshore drilling in the North Sea to last for “decades.” But the party also has vowed to…