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Energy

  • Neptune Energy lowers investment expectations amid ‘increasingly volatile’ commodity prices

    August 10, 2023

    Neptune Energy has downgraded expectations for investment amid increasingly volatile commodity prices and sustained inflationary pressure.

  • Gas prices surge over 25 per cent after Aussie oil and gas workers threaten to strike

    August 9, 2023

    Gas prices in Europe skyrocketed today over fears of future supply disruptions after Australian oil and gas workers threatened strike action.

  • Labour risks green investment climate with ‘wobbling’ over net zero, energy boss warns

    August 9, 2023

    The Labour Party needs to "stop wobbling" and commit to the "significant economic and social opportunity" presented by net zero, the boss of Good Energy has warned.

  • Eon warns energy crisis not over yet as it ramps up renewable spending

    August 9, 2023

    There is still a risk that gas prices could rise this winter despite the recent calming across energy markets, Eon warned today.

  • Cornish Lithium secures vital £54m cash boost after warning of financial difficulties

    August 8, 2023

    Cornish Lithium has secured a vital cash injection to boost its lithium ambitions, with fresh backing from a group of institutional investors.

  • The one winner from the UK’s miserable summer?… Wind turbines

    August 8, 2023

    Brits have been disappointed by persistent gloomy weather this summer. But there has been one winner from the overcast skies – wind turbines.

  • Energy system ‘broken’: Suppliers to rake in £1.7bn profits as millions of Brits grapple with sky-high bills

    August 8, 2023

    Household energy suppliers are on course for profits bonanza over the next 12 months from customer bills, a new report suggests.

  • Tory revolt over new oil boiler ban heats up as minister compares it to ‘rural ULEZ’

    August 8, 2023

    Former environment secretary George Eustice has compared the proposed bans on new oil boilers to the Ulez car ban in London.

  • Glencore appeases shareholders with more buybacks after steep drop in profits

    August 8, 2023

    Glencore suffered a sharp drop in pre-tax profits in the first six months of trading this year as the boom in oil and gas prices finally eased.

  • Siemens Energy books £3.9bn losses over wind turbine unit woes

    August 8, 2023

    Siemens Energy on Monday said problems recently unveiled at its wind turbine unit would cost it £1.9bn, well short of worst-case estimates.

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