Drax’s renewable status under threat as Ofgem probes greenwashing claims April 6, 2023 Drax is at risk of losing billions of pounds in government funding as Ofgem starts reviewing greenwashing claims linked to the sustainability credentials of its biomass projects.
Shell’s shares rise on FTSE 100 after predicting upturn in LNG output April 6, 2023 Shell's shares have risen on the London Stock Exchange this morning, after it unveiled a bullish update for its first quarter of trading ahead.
Ofgem: Suppliers risk their licence if they fail to ringfence renewable payments April 6, 2023 Suppliers will have to ringfence renewable payments separately from their commercial operations or risk losing their licence.
Octopus Energy wades into Asian markets with seven-figure solar farm investment April 5, 2023 Sustainable energy supplier Octopus Energy has announced its first ever investment into Asian renewables generation.
RAC: Tesco, Asda, Sainsbury’s and Morrisons are ripping off motorists – but which Big 4 retailer has the cheapest petrol? April 5, 2023 Motoring group RAC today accused Britain’s big four supermarkets of overcharging drivers at the petrol pumps.
Wind power meets liquid air storage as Highview and Orsted unite – but is offshore really a long term option? April 5, 2023 Energy storage player Highview Power and wind power giant Ørsted have teamed up to try and prove the feasibility and economic value.
Enquest backs calls for windfall tax price floor after posting £33m losses April 5, 2023 Enquest has joined industry calls for a windfall tax price floor, putting further pressure on the government to reform the levy.
Gas prices: How long before they return to pre-energy crisis levels? April 5, 2023 Gas prices will not return to pre-crisis levels for another three years despite the recent drop-off, warns investment group Stifel.
How close is the Rosebank North Sea oil and gas field to approval? April 5, 2023 Oil and gas field Rosebank remains a couple steps short of reaching Grant Shapps' desk, City A.M. can confirm.
Got the minerals? How Glencore’s failed takeover reflects urgency of green push April 4, 2023 Glencore’s failed takeover bid for Canadian miner Teck Resources reflects the growing urgency from miners to demerge from fossil fuels.