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Energy

  • OPEC+ opt against further oil output cuts as prices drop on demand fears

    October 5, 2023

    Oil prices have slide after OPEC+, opted against further changes to the group's hawkish output cuts this year.

  • Rio pins recovery hopes on mega Simandou iron ore project amid share price blows

    October 5, 2023

    Could revive Rio Tinto's long-held ambitions of mining the world's largest untapped supply of high-grade iron ore revive its share price?

  • SSE: Energy giant bullish over earnings but warns renewables output ‘below expectations’

    October 4, 2023

    SSE expects to report earnings of at least 30 pence per share in its half-year results next month, but warns of flagging renewable generation.

  • Investors ignoring ESG claims in the hunt for returns, report suggests

    October 4, 2023

    Green credentials are on the wane as a driver of investor decision making as money managers and retail punters hunt for firms with healthy bottom lines, a new survey has suggested.

  • How Petra Diamonds plan to use tech to battle rise of lab-grown alternatives

    October 4, 2023

    Blockchain technology could help diamond sellers confirm the emissions footprint and the quality of working conditions at their mines.

  • Brookfield snaps up UK onshore wind developer in reported $1bn deal

    October 3, 2023

    One of the UK's largest renewable developed has been snapped up by Brookfield in a boost to the country's onshore industry.

  • Tories ‘absolutely failed’ to lead debate on net zero, says minister

    October 3, 2023

    Nuclear minister Andrew Bowie said that the Conservatives had “absolutely failed” to have a national conversation about net-zero.

  • Oil pulls back as OPEC boss warns high prices are here to stay

    October 3, 2023

    Oil prices have pared back from last month's rally, weighed down by a stronger US dollar and rising bond yields.

  • Coutinho: Firms to be given more rooftop space for solar

    October 2, 2023

    Businesses will be able to use more of their rooftops to generate solar power to reduce the technology’s presence in the countryside.

  • UK industry risks falling foul of EU’s new carbon tax

    October 2, 2023

    British businesses selling into the European Union are unprepared for the bloc's new carbon tax and run the risk of penalties.

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