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Energy

  • Former Shell boss Ben van Beurden raked in £9.7m paypacket last year as profits soared

    March 9, 2023

    The former Shell boss enjoyed a hefty bump-up in his paypacket last year, before leaving the energy giant in January.

  • Scientists urge government to publish semiconductor strategy before it’s too late

    March 9, 2023

    The government must publish its semiconductor strategy, argue the Institute of Physics and the Royal Academy of Engineering.

  • Harbour Energy’s bumper profits wiped out by £1.3bn hit from windfall tax

    March 9, 2023

    Harbour Energy's bumper profits have been nearly wiped out by the windfall tax - taking a huge £1.3bn hit in earnings from the new levy.

  • National Grid is the biggest roadblock to reviving onshore wind, argues Octopus

    March 8, 2023

    The biggest challenge for onshore wind developments is the slow speed of connections on the grid, argued the boss of Octopus Renewables.

  • Tullow Oil’s shares tumble as company stays cautious over output

    March 8, 2023

    Tullow Oil has kept its forecasts for steady output and lower cash flow this year, sending its shares lower on the London Stock Exchange.

  • Citizens Advice calls for better use of personal data to create social tariff

    March 8, 2023

    The government should use Brits' personal data about income tax rates and energy usage to create a new social tariff, argues Citizens Advice.

  • UK risks energy tech exodus without more funding, battery boss warns

    March 8, 2023

    The UK risks an energy tech exodus to rival markets unless it offers more funding, the boss of AMTE Power has warned.

  • UK fires up coal plants to keep country’s lights on amid cold winter snap

    March 7, 2023

    National Grid is relying on coal to keep the lights on as a cold snap and planned nuclear shutdowns in France put pressure on the UK.

  • Exclusive: Labour’s Ed Miliband holds talks with North Sea industry boss as party ‘prepares for power’

    March 7, 2023

    Ed Miliband has held talks with David Whitehouse, the new chief executive of industry group Offshore Energies UK, City A.M. understands.

  • ‘Beast from the East’ forces National Grid to call for the firing up of four coal plants as cold snap hits the UK

    March 7, 2023

    National Grid has called for the warming up of four of the UK’s five contingency coal units ahead of a sustained cold snap.

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