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Energy

  • Swiss authorities order Glencore to pay £119m over to resolve bribery probe

    August 5, 2024

    Energy giants have been ordered by the Swiss authorities to pay a fine and compensation totalling around £119m, in regards to the bribery of a Congolese public official by its business partner in 2011

  • SFO charges five former Glencore employees in bribery probe

    August 1, 2024

    SFO has charged five former Glencore employees over allegations of conspiring to make corrupt payments in order to benefit mining giant Glencore

  • Shell kicks off £2.74bn share buyback as earnings beat expectations

    August 1, 2024

    Shell kicked off a new share buyback programme today as it posted better-than-expected numbers for the second quarter despite a previously announced $2bn (£1.6bn) impairment and a slide in revenues.

  • Rio Tinto profit edges higher as miner eyes copper takeover

    July 31, 2024

    Rio Tinto's profit edged up 1.8 per cent during the first half of the year, as the miner has begun to eye a takeover in the copper space.

  • BP: Oil giant lifts dividend as it beats expectations in second quarter

    July 30, 2024

    Oil giant BP reported a stronger-than-expected net profit for the second quarter and raised its divided despite earlier warnings of lower refining margins.

  • Ofgem takes steps to improve flexibility of UK’s energy market in clean power push

    July 29, 2024

    Ofgem has pushed ahead with plans to increase the flexibility of the UK's energy market as it becomes more reliant on intermittent sources of energy, like wind and solar.

  • AFC Energy: Hydrogen firm hopes deal with German manufacturer can spark recovery

    July 22, 2024

    Hydrogen power firm AFC Energy has inked a landmark supply deal with a german manufacturer that investors will hope will jolt the firm back into life after three years of stark decline.

  • Ceres: Green hydrogen specialist raises forecast after inking bumper supply deal

    July 22, 2024

    Green hydrogen and fuel cell specialist Ceres Power has raised its revenue guidance for the year after signing a bumper manufacturing contract with an Asian original equipment manufacturer.

  • FTSE 100 today: Blue-chip set to rise ahead of key earnings reports

    July 22, 2024

    Asian stocks fell as Joe Biden exited the election race, China cut rates. Focus on earnings reports from major tech and banking firms.

  • What is The Crown Estate and how is the government reforming it?

    July 18, 2024

    In his King's Speech, King Charles announced changes to the Crown Estate. What is the arcane entity, and how is it changing?

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