Yu Group shares soar after energy supplier confirms bumper bookings May 31, 2023 Yu Group shares are up 26 per cent on the London Stock Exchange in today's trading, after confirming bumper bookings this year.
Drax share price slides as Ofgem launches probe into renewable reporting rules May 31, 2023 Ofgem has launched an investigation into whether Drax has broken reporting rules around its flagship renewable payments programme.
Rosneft’s quarterly profits rise to $4bn as Russian state energy giant hikes output May 31, 2023 The first-quarter profit of Russia's largest oil producer Rosneft rose by 45.5 per cent from the previous three months to $4bn.
Just Stop Oil offer nothing in the debate over our energy future May 31, 2023 The UK’s energy future and, environmental goals are debates of real consequence, and Just Stop Oil should no longer featured in it.
North Sea oil and gas projects essential to UK’s energy future, warn academics May 31, 2023 Halting future investment in North Sea oil and gas projects jeopardises the UK's supply security and net zero ambitions.
Only four water companies fined by watchdog over sewage spills May 30, 2023 The Environment Agency (EA) fined just four water companies for breaching an overflow permit that they used to dump sewage into rivers and the sea between 2018 and 2022 despite over 300,000 sewage spill incidents, the Financial Times has reported. According to official data obtained through a Freedom of Information request submitted by the FT, [...]
Drax under fire over US wood pellet plant breaking air pollution rules May 30, 2023 Drax insists it takes environmental responsibilities "very seriously" after a watchdog uncovered it had been breaching pollution laws.
Rooftop solar installations will rise to record 1.47m as Brits try to beat high energy costs May 30, 2023 More residential and small-scale commercial rooftop solar power installations are expected to be made this year than ever before.
Oil prices wane as US races to secure deal over debt ceiling May 30, 2023 Both major oil benchmarks dipped this morning as fears over the sustainability of the US debt ceiling made investors more cautious.
FTSE 350 firms could face double the cost to offset carbon by 2030 May 30, 2023 The cost of carbon offsetting could more than double for businesses by the end of the decade, according to new research. A report published by PwC found that FTSE 350 companies reported £38m in voluntary carbon offset purchases in 2022, but that this could increase by over 256 per cent to £135m within a decade. [...]