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Energy

  • EDF announces another delay to Hinkley Point C nuclear plant

    March 28, 2022

    EDF has revealed it will have to announce new delays and cost overruns for its Hinkley Point C nuclear plant project in the UK.

  • Downing Street calls on public sector bodies to review contracts with Russian energy suppliers

    March 28, 2022

    The government has instructed public sector bodies to review energy deals and other contracts they have with Russian firms.

  • British Airways is the first airline to take delivery of UK sustainable jet fuel

    March 28, 2022

    British Airways has become the first airline to use sustainable aviation fuel produced in the UK on a commercial scale.

  • Spotting an opportunity: Nigeria exploits anti-Moscow sentiment as oil giant offers to replace Russian gas in UK and Europe

    March 28, 2022

    Nigeria has said it is ready and prepared to provide the UK and Europe with much more gas than it currently does in order to offer an alternative to Russian gas, according to a government minister. Nigeria’s Minister of State for Petroleum Resources, Timipre Sylva, told various media cross Africa his country is ready to [...]

  • Oil prices tumble as Shanghai shuts down amid surging Covid-19 cases

    March 28, 2022

    Oil prices dipped four per cent on both major benchmarks this morning following Shanghai's launch of a two-stage lockdown to combat Covid-19.

  • Octopus Renewables Investment Trust calls for clearer direction in government energy strategy

    March 28, 2022

    ORIT has reported a 9.3 per cent growth in NAV and fully covered dividends in its full-year results following multiple new deals.

  • National Grid’s £4.2bn gas sell-off to Macquarie comes under fire from Vince Cable

    March 28, 2022

    Former business secretary Vince Cable has criticised National Grid's decision to sell a 60 per cent stake in NGG to Macquarie.

  • Interventions have merit, but government mustn’t get hooked on meddling

    March 28, 2022

    The drumbeat towards another Sunakian save-the-day package has begun, it seems. It is barely weeks since the Chancellor’s first energy market intervention, a devillishly complicated scheme of rebates and discounts to reduce the pain of higher energy prices. Russia’s invasion of Ukraine has now added further upward pressure on those same costs, and it is [...]

  • Exclusive: Carbonplace and Climate Impact X team up for carbon credit scheme

    March 25, 2022

    Carbonplace and Climate Impact X have teamed up on a pilot scheme to lower entry barriers for carbon credits trading.

  • G7 leaders call on OPEC to raise oil supplies

    March 25, 2022

    The leaders of the G7 nations yesterday urged OPEC to boost oil production following Russia's invasion of Ukraine.

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