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Energy

  • Oil records seven weeks of gains despite IEA and OPEC’s differing demand outlooks

    August 13, 2023

    Oil begins trading on Monday after recording seven consecutive weekly gains amid growing expectations of tightening supplies.

  • Octopus and Good Energy defend heat pumps amid backlash to oil boiler ban

    August 13, 2023

    Energy suppliers have given heat pumps a fresh vote of confidence despite calls from backbench MPs to slow down the shift from oil and gas.

  • Drax given biomass boost but support comes with strings attached

    August 10, 2023

    Drax has received a fresh boost for its biomass ambitions with the government committing to continued support for the industry.

  • Neptune Energy lowers investment expectations amid ‘increasingly volatile’ commodity prices

    August 10, 2023

    Neptune Energy has downgraded expectations for investment amid increasingly volatile commodity prices and sustained inflationary pressure.

  • Antofagasta revels in rising copper demand as countries embrace net zero transition

    August 10, 2023

    Higher copper prices and sales has powered Antofagasta to bumper earnings over the first six months of trading this year.

  • Gas prices surge over 25 per cent after Aussie oil and gas workers threaten to strike

    August 9, 2023

    Gas prices in Europe skyrocketed today over fears of future supply disruptions after Australian oil and gas workers threatened strike action.

  • Labour risks green investment climate with ‘wobbling’ over net zero, energy boss warns

    August 9, 2023

    The Labour Party needs to "stop wobbling" and commit to the "significant economic and social opportunity" presented by net zero, the boss of Good Energy has warned.

  • Eon warns energy crisis not over yet as it ramps up renewable spending

    August 9, 2023

    There is still a risk that gas prices could rise this winter despite the recent calming across energy markets, Eon warned today.

  • Water firms risk £800m payout as lawsuits target ‘misleading’ pollution reporting

    August 9, 2023

    Six English water companies are to face legal action over allegations of underreporting pollution incidents and overcharging customers.

  • Cornish Lithium secures vital £54m cash boost after warning of financial difficulties

    August 8, 2023

    Cornish Lithium has secured a vital cash injection to boost its lithium ambitions, with fresh backing from a group of institutional investors.

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