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Energy

  • Gold miner Newmont’s quarterly profit beats estimates on higher prices

    April 27, 2023

    Newmont beat Wall Street expectations for first-quarter profit on Thursday, benefitting from higher prices of the yellow metal.

  • Total sells Canadian oil sands operation to Suncor Energy in £3.3bn deal

    April 27, 2023

    Energy major Total Energies has accepted an offer to sell its carbon-heavy Canadian oil sands operations to Suncor Energy for £3.3bn.

  • Fund crackdown or farmers will continue to pollute UK rivers, think tank warns government

    April 27, 2023

    The government needs to provide regulators with the funds to stamp out farms polluting British rivers with slurry leaks.

  • Glencore to pay Norsk Hydro £562m for Brazilian assets

    April 27, 2023

    Norwegian aluminium producer Norsk Hydro will sell multiple mineral assets Swiss miner and commodity trader Glencore.

  • Take off: EU agrees binding green fuel targets for aviation

    April 26, 2023

    The EU has agreed a deal to set binding targets for airlines in Europe to increase their use of sustainable aviation fuels.

  • BP gears up for AGM where energy giant will face wrath of pension funds

    April 26, 2023

    BP has defended its decision not to permit shareholders to vote on its watered down climate targets ahead of a crunch AGM tomorrow.

  • Scottish Power owner Iberdrola posts £1.32bn profit powered by renewables

    April 26, 2023

    Scottish Power's parent company Iberdrola has posted robust first quarter profit of £1.32bn, a 40 per cent hike on the £940m earnings it posted for the same three months last year.

  • National Grid told to hurry up as solar projects face 15 year waiting times

    April 26, 2023

    National Grid needs to speed up waiting times for new energy projects, or the UK risks failing to meet its solar power targets.

  • Shapps: We ‘want and need’ oil and gas sector to reach net zero and protect UK’s energy security

    April 25, 2023

    The UK "wants and needs" the oil and gas sector to help reach net zero and protect the UK's energy security, Grant Shapps told MPs today.

  • Shell quits major UK carbon capture project – but venture insists its future is safe

    April 25, 2023

    Shell has withdrawn from a key UK carbon capture and storage project, following National Grid's exit earlier this week.

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