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Energy

  • World’s biggest gold miner Newmont tables £14.1bn offer for rival firm Newcrest

    February 6, 2023

    Top gold producer Newmont Corp has made a £14.1bn ($16.9bn) offer for Newcrest Mining to build a global gold behemoth.

  • Britishvolt: Australian firm Recharge reaches deal to buy collapsed British battery start-up

    February 6, 2023

    Britishvolt is one step closer to a takeover, after its administrator named Recharge Industries as its preferred bidder.

  • Shapps slams Ofgem for being in thrall to energy firms

    February 6, 2023

    Ofgem is in the crosshairs of Business Secretary Grant Shapps, who has accused them of failing to regulate the industry properly.

  • National Grid demands warming up of coal unit as UK braces itself for a further icy blast

    February 6, 2023

    National Grid has called for one of the UK's remaining coal units to be warmed up to ease potential pressures on operating margins.

  • Only two new onshore wind turbines were built in England last year, reigniting calls for planning reform

    February 6, 2023

    Just two onshore wind turbines were installed in England last year, as the industry awaits pledged planning reforms for new projects.

  • Energy crisis: Can someone shine a light on the Bulb takeover deal?

    February 6, 2023

    Octopus' takeover deal for Bulb is set to cost the taxpayer much less than originally feared, but the deal remains shrouded in secrecy.

  • UK spent £60bn on gas to stave off winter energy crunch

    February 5, 2023

    The UK spent £60bn importing gas in just four months to stave off a winter energy crunch, according to analysis from Highview Power.

  • West needs to prepare for energy crunch next winter, analysts warn

    February 5, 2023

    Experts have urged the West against complacency next winter, warning that the energy crisis could last for years to come.

  • Ofgem extends protection measures to shield customers from market volatility

    February 3, 2023

    Ofgem has extended market stabilisation charges and the moratorium on acquisition-only tariffs until March 2024.

  • Oil set for second week of losses as investors await Chinese rebound in demand

    February 3, 2023

    Oil is on course for a second straight week of losses, with investors hoping for clearer signs of fuel demand recovering in China.

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