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Energy

  • UK water firms could face £2bn in fines over next five years, Moody’s warns

    August 15, 2024

    UK water companies could be hit with a total of roughly £2bn in fines over the next five years, Moody's has estimated, warning that more demanding proposals from the industry regulator increase risk in the sector.

  • Can AIM deliver? Here’s a compelling test case

    August 13, 2024

    As the London Stock Exchange's younger brother continues to struggle, a new energy firm provides a litmus test on how well AIM can deliver on its raison d’etre, writes Keith Boyfield

  • Bowleven to delist from London Stock Exchange’s AIM amid stalled oil project

    August 9, 2024

    Listed oil and gas company Bowleven is set to de-list from the London Stock Exchange to be re-registered as a private limited company

  • Shell kicks off £2.74bn share buyback as earnings beat expectations

    August 1, 2024

    Shell kicked off a new share buyback programme today as it posted better-than-expected numbers for the second quarter despite a previously announced $2bn (£1.6bn) impairment and a slide in revenues.

  • Rio Tinto profit edges higher as miner eyes copper takeover

    July 31, 2024

    Rio Tinto's profit edged up 1.8 per cent during the first half of the year, as the miner has begun to eye a takeover in the copper space.

  • BP: Oil giant lifts dividend as it beats expectations in second quarter

    July 30, 2024

    Oil giant BP reported a stronger-than-expected net profit for the second quarter and raised its divided despite earlier warnings of lower refining margins.

  • Ofgem takes steps to improve flexibility of UK’s energy market in clean power push

    July 29, 2024

    Ofgem has pushed ahead with plans to increase the flexibility of the UK's energy market as it becomes more reliant on intermittent sources of energy, like wind and solar.

  • The Debate: Should B Corps cut ties with fossil fuel companies?

    July 25, 2024

    City PM’s weekly feature takes the fiercest water-cooler debates and pits two candidates head to head before delivering The Judge’s ultimate verdict. The Debate: Should B Corps cut ties with fossil fuel companies? Is it delusional to pretend that fossil fuel companies meet the B Corp standards, or is it unrealistic to shun companies like [...]

  • GB Energy is more rooted in ‘big state’ ideology than climate ambition

    July 23, 2024

    Conservatives need to hold Labour accountable for wasting taxpayers’ money and crowding out private finance through GB Energy, writes Sam Hall

  • AFC Energy: Hydrogen firm hopes deal with German manufacturer can spark recovery

    July 22, 2024

    Hydrogen power firm AFC Energy has inked a landmark supply deal with a german manufacturer that investors will hope will jolt the firm back into life after three years of stark decline.

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