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Energy

  • Australia critical mineral export revenue to match coal by 2028 as green push accelerates

    April 3, 2023

    Revenue from Australia's exports of critical minerals like lithium and nickel will nearly equal coal by 2028.

  • British Gas owner Centrica would STILL have lost Bulb case even without ‘undue delay’, court docs show

    April 3, 2023

    Centrica would have seen its legal challenge over Octopus' deal refused even without the "undue delays," court documents show.

  • Green Day’s Good News: Here are the winners in the energy sector

    April 3, 2023

    Green Day is over - with much of the energy industry disappointed. But there were some winners which City A.M. highlights.

  • Ithaca Energy hesitates over stake in controversial Rosebank oil field

    April 3, 2023

    Ithaca Energy is hesitating over plans to develop Rosebank, unless a price floor is brought into the windfall tax, City A.M. understands.

  • Recharge looks to rehire former Britishvolt execs as rescue deal falters

    April 2, 2023

    Recharge has been holding talks with two former top executives amid concerns its attempt to rescue Britishvolt is faltering.

  • British Gas, Scottish Power and E.On LOSE High Court row over handling of Bulb sale – but it might not be over yet

    March 31, 2023

    Three major energy suppliers have lost their High Court challenge over the Government’s handling of the sale of collapsed energy firm Bulb.

  • Drax shares fall after £2bn project misses out on UK carbon cash

    March 30, 2023

    The owner of the UK's biggest power station is racing to secure a last-ditch lifeline for its £2bn carbon capture biomass project.

  • Petrofac and Hitachi Energy team up for £11.5bn offshore wind agreement

    March 30, 2023

    Petrofac was awarded an £11.5bn framework agreement with Hitachi Energy by Dutch-German electricity grid operator Tennet.

  • Ofwat clampdown on water exec bonus pay: Brits will NOT foot bill if performance targets missed

    March 30, 2023

    Customers will not have to fund bonus payments if suppliers fail customer and environmental performance targets.

  • What was in ‘Green Day’? How has the energy sector responded?

    March 30, 2023

    Grant Shapps outlined plans to boost the UK's green energy revolution this morning, but has faced strong blowback from the industry.

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