Coutinho: Sunak was right to water down green pledges November 8, 2023 The Prime Minister was "exactly right" to row back on green pledges, energy security and net zero secretary Claire Coutinho has said.
Eon posts £6.8bn profit – but earnings to slide as gas prices fall November 8, 2023 European energy giant Eon is predicting a hefty downturn in profits during its fourth quarter of trading across its retail division.
North Sea oil and gas sector push Labour to back licensing rounds November 8, 2023 The North Sea oil and gas industry is hoping to convince Labour to back future oil and gas licences - City PM has learned.
Oil prices slide as China weighs down demand hopes November 7, 2023 Oil prices have tumbled because of weak global demand
Aramco sustains payouts to investors as profits slide to just £26.5bn November 7, 2023 Saudi Arabia has slash=ed oil output to prop up prices alongside OPEC allies
Energy suppliers must do more to help firms tied to brokers this winter November 7, 2023 Energy suppliers should be looking to help all of its business customers survive the winter including firms tied to third party deals, FSB warns.
EDF prepared to work with nuclear rivals as French energy giant commits to UK November 7, 2023 There is room for multiple winners in the race to build mini-nuclear power plants in the UK, EDF told City PM
A tale of two oil giants November 6, 2023 Energy giants BP and Shell unveiled sharp downturns in their usual earnings last week in a rocky third quarter for the sector.
British Steel: £1.25bn green furnace upgrade announced as 2,000 job losses feared November 6, 2023 British Steel has announced plans to shut its blast furnace in Scunthorpe in its bid to go green with £1.25bn upgrade plans.
King’s Speech: All eyes on the green-fingered monarch as government backs oil and gas November 6, 2023 King Charles will have to announce oil and gas pledges in the King's Speech tomorrow — all eyes will be on his delivery.
