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Energy

  • Drax bumps up dividend as pellet-burning fuels bumper profit

    February 29, 2024

    Will Gardiner, chief executive, said the group continues to play an "essential role," in the UK's power mix

  • National Grid auctions forebode higher gas demand in coming years

    February 28, 2024

    Britain's auction to ensure enough electricity capacity for 2027/28 has set a new record high price as power demands look set to draw heavily on gas.

  • Octopus Energy chief Greg Jackson: The world isn’t ready for China’s clean energy tidal wave

    February 28, 2024

    Greg Jackson said the UK could be "subsumed" by China's clean energy drive unless policymakers move quicker

  • Endeavour Mining reports death at Burkina Faso gold site

    February 28, 2024

    The individual died "as a result of injuries sustained in an incident that occurred during maintenance activities at the Mana mine in Burkina Faso."

  • ‘Global oil demand will peak beyond 2030’ – Vitol CEO

    February 27, 2024

    The head of Vitol has said the ongoing conflicts in the Eastern part of the globe have not moved the market towards significantly greater distress.

  • Just Stop Oil’s ‘imposition’ is slowing energy transition – North Sea chief

    February 27, 2024

    OEUK Chief David Whitehouse said that de-carbonisation will not happen through goodwill alone

  • Ed Miliband blasts ‘inertia’ over climate policies at key London energy conference

    February 27, 2024

    In his role as Labour's climate change tsar, Miliband launched the party’s now-canned £28bn ‘Green Prosperity’ plan

  • UK green hydrogen plant plans unveiled by global giant Lhyfe

    February 27, 2024

    Plans for a green hydrogen plant in the North East of England have been unveiled by global giant Lhyfe.

  • Proton Motor doubles deliveries as demand for hydrogen tech booms

    February 27, 2024

    Proton Motor Power Systems said it nearly doubled deliveries of its hydrogen fuel cell systems in 2023 as demand increases for the nascent technology.

  • Orsted brings in new finance and operations chiefs amid wind industry challenges

    February 27, 2024

    Orsted, the world's largest offshore wind farm developer has brought in a new CFO and COO as it battles with macroeconomic challenges pumelling the sector.

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