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Energy

  • The West is now awake to the critical minerals race, says Rio Tinto boss

    July 18, 2023

    Governments across the West have woken up to the urgency needed to secure essential metals and minerals, Rio Tinto's chief executive has said.

  • Silver prices hold steady as interest rate hike fears ease

    July 18, 2023

    Silver prices have remained robust in trading this week as investors believe that the US Federal Reserve's inflation fight is coming to an end.

  • Government launches SMR competition to revive nuclear’s role in UK energy mix

    July 18, 2023

    Government ambitions to boost nuclear's flagging role in the country's energy mix will be supported with a new industry vehicle.

  • Ofgem shortlists four suitors for £2bn offshore wind assets

    July 18, 2023

    Ofgem has now shortlisted four operators for the next bidding round of its highly prized offshore transmission links, worth an estimated £2bn.

  • PayPoint faces multi-million pound lawsuit over alleged anti-competitive conduct

    July 18, 2023

    PayPoint faces a multi-million pound lawsuit from a social enterprise, which has accused the payment services business of anti-competitive conduct.

  • Europe increasingly reliant on LNG as it aims to stave off winter supply crunch

    July 17, 2023

    Europe will once again be highly dependent on LNG to meet its demand needs this winter, warns the International Energy Agency.

  • Ultra-high food prices here to stay as Russia exits Black Sea grain deal with Ukraine 

    July 17, 2023

    Soaring food costs may not fall as quickly as markets had hoped, retail and pub industries have warned amid a Russian supply squeeze.

  • Black Sea grain deal to expire Monday if Russia quits

    July 17, 2023

    A pact that has allowed the safe Black Sea export of grain from Ukraine for the past year will expire at the end of Monday.

  • South East Water: Heatwave last year caused £74m loss as industry debts rise

    July 17, 2023

    South East Water posted hefty losses last year, worsened by a record-breaking heatwave which has racked up costs for sourcing new supplies.

  • Oil prices slide as weak economy data in China fuels demand concerns

    July 17, 2023

    Oil prices have dipped after sluggish growth figures from China renewed concerns about demand in the second half of the year.

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