China involvement in UK nuclear energy not a security risk, industry boss says September 4, 2023 Chinese involvement in the UK’s nuclear energy sector is not a national security risk, the country’s leading trade body has argued.
Oil prices to begin trading at seven month high as US demand recovers September 3, 2023 Oil prices climbed to their highest levels in over seven months on Friday, boosted by expectations of further extensions to supply cuts.
Iron ore demand robust even as China’s economy slumps September 3, 2023 Iron ore demand in China has proven robust even amid a domestic property crisis and a sluggish revival from the pandemic, data suggests.
Octopus buys Shell UK energy arm making it Britain’s second biggest supplier September 1, 2023 The deal will require regulator approval and Shell customers were advised to “sit tight” for now, with it hoped to be formalised in the final quarter of the year.
Ofgem clamps down on generators gaming the system after £3bn hit to households September 1, 2023 Electricity generators will no longer be able to artificially inflate energy prices and drive up households bills.
Glencore’s shares slide as 197 claimants for legal action revealed August 31, 2023 Shares in commodity giant Glencore have dropped over four per cent in early trading this morning amid its bitter legal battle in London.
Orsted plunges 20 per cent on risk of £1.84bn US impairments amid offshore wind project woes August 30, 2023 Denmark's Orsted, the world's largest offshore wind farm developer, has revealed it may see a £1.84bn cost for US impairments.
Exclusive: Greenpeace to target Rugby World Cup fan zones August 30, 2023 Greenpeace is planning to target next month’s Rugby World Cup as the campaigning group ramps up protests against “greenwashing” by oil companies. The organisation told City PM it would make its presence felt at the tournament’s official fan zones and outside stadia in France, where the action begins next week. It follows a summer of [...]
EU spent £4.5bn buying HALF of Russia’s LNG supplies… despite pledge to wean West off Kremlin August 30, 2023 European Union countries spent over £4.5bn buying over half of all Russia's LNG supplies during the first seven months of this year.
Government scraps hydrogen levy saving households £120 per year August 30, 2023 The government has ditched the controversial 'hydrogen levy' following pushback from the energy sector and backbench MPs.
