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Energy

  • Global electricity demand expected to slow as recession fears take hold, says IEA

    July 19, 2023

    Global growth in electricity demand is expected to slow this year, the IEA predicts, amid the energy crisis and an economic downturn.

  • Energy suppliers could have to hand money back to customers in Ofgem price cap review

    July 19, 2023

    Ofgem could order suppliers to pass money back to customers this winter as part of its latest review of the price cap.

  • Severn Trent invests up to £1bn amid increasing scrutiny on water suppliers

    July 19, 2023

    Severn Trent expects to invest up to £1bn this year improving its infrastructure amid increasing scrutiny on the crisis-hit sector.

  • Woodside misses revenue estimate but sticks to guidance

    July 19, 2023

    Australian No.1 oil and gas producer Woodside Energy said second-quarter sales tumbled due to weaker commodity prices and maintenance work.

  • Rio Tinto warns of global slowdown risks amid production issues

    July 19, 2023

    Rio Tinto flagged concerns about a global economic slowdown on Wednesday as it logged a raft of production issues across its operations.

  • Government planting less than half its target of trees, say MPs

    July 19, 2023

    The government is planting less than half of its annual target of trees, raising concerns about how it will meet its nature goals.

  • National Grid completes £1.7bn subsea cable project connecting UK to Denmark

    July 18, 2023

    National Grid has boosted the UK's green energy hopes, after completing the world's longest land and subsea interconnector.

  • Mega UK Jaguar Land Rover battery plant could be announced this week

    July 18, 2023

    The government is on the cusp of securing a long-term deal from Tata Group to build a new range of EV Jaguar and Land Rover models.

  • 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.

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