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Energy

  • BP tightens workplace romance rules after Looney scandal: Legal experts weigh in

    June 11, 2024

    BP has tightened its workplace relationship policy, months after the CEO was ousted for failing to disclose his affairs with colleagues. Employment lawyers weigh in

  • FTSE 100 today: Blue-chip set for muted open ahead of Fed decision; UK jobs data key for direction

    June 11, 2024

    US stocks hit record highs, Asian markets were mixed and Apple shares dipped after the AI demo. All eyes are now on the UK jobs report.

  • Pennon hands boss near £300,000 bonus despite pollution record

    June 10, 2024

    British water company Pennon has named David Sproul as chair designate, and he will succeed Gill Rider who will retire from the board next month, the firm said on Monday. 

  • FTSE 100 today: Blue-chip set to open lower amid stalled Fed cut bets and EU political uncertainty

    June 10, 2024

    Asian stocks dipped and the euro weakened after far-right gains in the EU elections. All eyes are on the US Fed and BOJ policy decisions.

  • Green hydrogen specialist ITM Power expects to halve losses amid threefold revenue rise

    June 6, 2024

    Green hydrogen producer ITM Power said it expects to cut losses by more than half in its full-year results, alongside a threefold rise in revenue.

  • FTSE 100 today: London markets primed to open higher as rate cut odds strengthen

    June 5, 2024

    Asian markets surged on rate cut expectations, while Australia's Q1 growth slowed. Eyes on global services PMI releases and Computacenter.

  • Going green? Not without backing from the City, you don’t

    June 4, 2024

    The energy transition requires investment in two things: transition (obviously) and new, greener, cheaper technologies.

  • New record for Hunting after £70m order from Kuwait Oil Company

    June 3, 2024

    Oil and gas engineering group Hunting has received an order from Kuwait Oil Company valued at $86m (£67.5m).

  • FTSE 100 today: London markets set to open higher on growing rate cut bets

    June 3, 2024

    Asian stocks climb on rate cut hopes, oil prices dip despite OPEC+ extension. Eyes on ECB, BOC policy decision and US non-farm payroll data.

  • OPEC+ agrees to extend deep oil production cuts into 2025

    June 2, 2024

    OPEC+ agreed a deal on Sunday that to extend a critical portion of its oil supply cuts well into 2025. It has been cutting oil supply since late 2022.

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