Energy suppliers have a duty to help businesses with bills, says EDF exec June 26, 2023 Suppliers have a duty to help businesses stay afloat through easing the conditions of their energy bills, EDF has argued.
IOG shares rise as troubled firm shelves North Sea projects June 26, 2023 IOG's shares have soared 25 per cent today on the London Stock Exchange, after it cancelled expansion projects to boost its balance sheet.
Battery maker AMTE Power faces nervous wait for funds in threat to UK’s electric ambitions June 26, 2023 The UK’s electric dreams are at risk of running flat, with AMTE Power yet to update shareholders on its race to raise funds.
China and India fuel record high coal prices despite falling US and EU usage June 26, 2023 Coal prices climbed to record levels last year driven by rising demand across Asia, according to a new report on global energy trends.
Onshore wind is not just about net zero, it’s a vote winner June 26, 2023 Onshore wind is not just about going green, it's a vote winner that could ease bills and liberalise planning for housing and transport.
Jeremy Hunt to meet CMA, Ofgem, Ofwat and Ofcom over ‘profiteering’ concerns June 26, 2023 Jeremy Hunt will ask industry regulators what they are doing about any companies exploiting rampant inflation by raising prices. The Chancellor is set to meet the Competition and Markets Authority (CMA), and the watchdogs for energy, water and communications on Wednesday. He will press them on whether there is a profiteering problem in their sectors [...]
Siemens Energy’s share price plummets by a third after billion euro turbine bill warning June 23, 2023 Siemens Energy has seen over a third knocked off its market value today, amid problems at its wind turbine business.
Oil continues two month downturn as recession fears weigh on prices June 23, 2023 Oil prices has resumed their two-month long downturn - driven by demand concerns - with both major benchmarks sliding for a second day.
Eni and Var Energi to buy Neptune Energy in £3.9bn mega-deal June 23, 2023 Eni and Var Energi have reached an agreement to acquire oil and gas specialist Neptune Energy in a £3.9bn deal.
LME compliance chief called FCA nickel queries ‘ridiculous’ June 22, 2023 The London Metal Exchange's head of compliance described questions from the UK's markets regulator about nickel prices as "ridiculous."