Shell boss warns cutting oil and gas production would be ‘dangerous’ July 6, 2023 The boss of Shell has warned that slashing oil and gas production now would be “dangerous and irresponsible."
Energy sector workers fear UK jobs could vanish in net zero push July 6, 2023 More than half of workers operating in the oil and gas sector fear the shift towards net zero will put their jobs at risk within two years.
Thames Water backer USS faces grilling from pensions watchdog July 5, 2023 The UK’s largest pension scheme faces a grilling from the regulator over its investment in troubled utility giant Thames Water.
Crisis-hit LME hires ex-London Stock Exchange chief to manage clearing house July 5, 2023 LME Clear has turned to a former London Stock Exchange chief executive as it scrambles to restore investor confidence.
Just Stop Oil suspend play at Wimbledon after protestors invade Court 18 July 5, 2023 Wimbledon became the latest major sporting event targeted by protesters after two people wearing Just Stop Oil T-shirts invaded Court 18.
Water companies will seek household bill rises says Ofwat boss July 5, 2023 Water companies are planning to increase prices further for households, according to industry regulator Ofwat.
Sunak’s government set to miss £11.6bn climate commitment July 5, 2023 Rishi Sunak’s promise to meet an £11.6bn climate and nature pledge looks set be missed, according to a leaked internal memo.
Gas prices stay persistently high as prospect of bleak winter bills ratchets up July 5, 2023 Gas prices remain stubbornly high this summer, dashing hopes of lower energy bills over the winter when demand will be at is at its peak.
FTSE-listed Prospex confirms first gas at new Italian field July 5, 2023 Prospex Energy has announced first gas at the freshly developed onshore Selva field in the Po Valley region of Northern Italy.
Ofwat boss fails to rule out more supplier struggles after Thames Water woes July 5, 2023 Water suppliers will not be allowed to rack up debts and underinvest again following Thames Water’s financial troubles, Ofwat vowed yesterday.