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Energy

  • Church of England to pull investment from fossil fuel companies

    June 22, 2023

    The Church of England is pulling its investment from fossil fuel companies because they are failing to align with the Paris Agreement, the Archbishop of Canterbury has said. By the end of the year, the Church said it will have removed its £10.3 billion endowment fund from all oil and gas companies unless they are [...]

  • Available LME copper stocks fall to the lowest since 2021

    June 22, 2023

    Copper available to the market in London Metal Exchange fell to the lowest level since October 2021, data from the exchange showed.

  • Good Energy snaps up solar panel specialist amid record installations

    June 22, 2023

    Good Energy has snapped up solar and storage business Wessex Eco Energy as it looks to harness record solar panel installations.

  • ‘Totally without merit’: Judge rejects environmental challenge against Sizewell C nuclear plant

    June 22, 2023

    The government's decision to grant development consent for the Sizewell C nuclear plant was lawful, a high court judge has ruled.

  • Oliver Stone on Putin, nuclear power and feeling like an outsider

    June 22, 2023

    As we sit down to start our interview, Oliver Stone makes a point of putting his own dictaphone on the table to record our conversation. “To protect ourselves,” he says, before going on to speak non-stop for 45 minutes with absolutely no filter, on virtually any topic I raise, and quite a few I don’t.  [...]

  • Oil prices rebound as the Fed commits to inflation battle

    June 22, 2023

    Oil prices are rising amid a sustained hawkish approach from the Federal Reserve raising hopes of an economic revival in the US.

  • Unleash private investment for green projects or miss net zero goals, MPs warn

    June 21, 2023

    The government must do more to unlock private investment or risk missing its decarbonisation goals, MPs have warned.

  • Nickel crisis: LME faced ‘unprecedented circumstances’, lawyer claims

    June 21, 2023

    The LME argues it was justified in closing the market and cancelling trades because $19.7bn of margin calls would have created systemic risk.

  • Gemfields unveils bumper £63.1m sales as rubies prove recession resistant

    June 21, 2023

    Gemfields has announced a hefty hike in revenues at its latest ruby auction, with buyers embracing coloured gemstones.

  • Gas prices rise in UK and Europe on surging summer demand for air conditioning

    June 21, 2023

    Soaring demand for air conditioning across Europe has contributed to the latest spike in gas price, experts suggest.

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