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Energy

  • Ecora upholds dividend plans even as easing commodity prices weighs down profits

    September 5, 2023

    Ecora Resources has upheld its dividend plans, even as easing commodity prices weighed down the company's bottom line.

  • Sunak poised to ease onshore wind ban after Tory backbench rebellion

    September 5, 2023

    The government is expected to ease restrictions on onshore wind farms after a Tory backbencher rebellion over renewable projects.

  • Enquest urges government to restore investor confidence in UK oil and gas after £60m windfall tax hit

    September 5, 2023

    Enquest has warned the current fiscal regime is damaging confidence in the North Sea, and has called for further changes to the windfall tax.

  • Hydrogen specialist UHL plans £250m UK spend – but it won’t list in London

    September 5, 2023

    The world's largest hydrogen conglomerate plans to invest £250m in the UK over the next 12 months, City PM has learned.

  • Rising star Claire Coutinho faces gruelling start in energy secretary role

    September 5, 2023

    Claire Coutinho has taken over energy policy from Grant Shapps, and faces a highly challenging start to her new role.

  • Carbon capture’s reliance on dirty shipping fuels threatens its green ambitions

    September 4, 2023

    The green credentials of the carbon capture industry have been called into question after new analysis revealed the huge amount of high-polluting fuel needed to power ships transporting captured carbon dioxide around the world.

  • Sunak’s onshore wind U-turn not enough to lure investment, trade body warns

    September 4, 2023

    Proposals to lift onshore wind out of a de-facto moratorium are unlikely to lead to a ramp up in domestic projects, Renewable UK has warned.

  • Wood Group wins £261m deal to service Harbour Energy’s North Sea operations

    September 4, 2023

    Wood Group has entered into a new strategic partnership with Harbour Energy to service its North Sea operations.

  • 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.

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