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Energy

  • Rio Tinto rocked by weaker commodity prices as it reports steep downturn in profits

    February 22, 2023

    Higher energy costs, inflation, and downward pressure on commodity prices has weighed on profits at multinational miner Rio Tinto.

  • UK risks falling behind US and EU in green energy race, warn MPs

    February 22, 2023

    MPs are piling pressure on the government to compete with rival markets for green energy investment, such as the US and EU.

  • Fossil fuel industry needs to do more to tackle methane emissions, warns IEA

    February 21, 2023

    The fossil fuel industry is failing to tackle methane emissions despite its pledges to uncover and fix leaking infrastructure, warns the IEA.

  • Energy firms face fines for breaking forced prepayment meter rules, Ofgem warns

    February 21, 2023

    Energy firms could be fined if they are found to have broken the rules around forced prepayment meter installations, Ofgem warned.

  • Energy crisis: Households braced for £500 annual bill hike as falling gas prices miss price cap deadline

    February 21, 2023

    Households face a hefty hike to their energy bills in April, amid warnings the price cap would not fall below the reduced subsidy rate.

  • BHP profits dive £2.6bn as world’s largest miner falls victim to China’s pandemic restrictions

    February 21, 2023

    BHP has suffered a heavy decline in profits, following pandemic restrictions in China and reduced demand for iron ore.

  • Green hydrogen future? Geopura secures millions in funding from GM, Barclays and Siemens

    February 21, 2023

    Green hydrogen specialist Geopura has raked in £36m from its latest funding round, with plans to vastly scale its business.

  • Russia’s invasion of Ukraine costs Brits an extra £1,000 in higher bills, data reveals

    February 21, 2023

    Higher gas prices in the year has cost the average Brit £1,000 in the year following Russia's invasion of Ukraine, according to ECIU.

  • Natwest boss Dame Alison Rose to head government energy efficiency drive

    February 20, 2023

    The government has appointed Natwest chief executive Alison Rose to spearhead its new energy efficiency task-force.

  • Nuclear industry defends Sizewell C project as Hinkley Point C is priced at £33bn

    February 20, 2023

    Sizewell C will be a huge boost to the UK's energy ambitions, argued the leading nuclear industry body amid concerns over costs.

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