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Harbour Energy has announced today it's targeting free cash flow of $1bn (£800m) in its current financial year.
The financial sector’s progress towards net zero risks stalling due to “mixed messages” from the government on green issues, a group of MPs have warned.
The UK faces a “critical bottleneck” on skilled infrastructure jobs ahead of the green transition, an energy firm has warned.
Shell is set to restart export operations at its giant floating LNG facility in Australia next month following an extended closure.
Spain's renewable energy giant Iberdrola has announced plans to invest nearly £12bn in Britain through 2028 in grids and green energy projects.
The price of iron ore fell 1.2 per cent on Monday morning, to £104.67 ($132.20) per tonne, bringing to a halt five weeks of gains after Chinese officials warned the country may intervene in the market. The National Development and Reform Commission (NDRC) said on Friday it had met with major port operators to discuss [...]
For an undisclosed fee, Octopus Energy has bought into Ørsted’s Walney Extension wind farm, the eighth largest in the world. The generation arm of the energy supplier has taken a 12.5 per cent stake in the Irish Sea project, which was built in 2018. The project has 87 turbines with a generation capacity of 660 [...]
The Federation of Small Businesses (FSB) has called on Ofgem to make changes as small businesses are still battling high utility bills despite the fall in October's energy price cap.
City A.M.’s energy editor Rhodri Morgan delves into the sector’s challenges in his weekly column. The global rush for Uranium, and the consequential price spike, could pose a major headache for the UK’s nuclear power ambitions. Nuclear power currently provides about 10 per cent of the world’s electricity. And, despite this relatively small market share, [...]
A Swedish heat pump firm has pledged to inject £300m into the UK over the next three years and create 8000 jobs by 2033 in a boost to government plans to shift UK homes away from gas boilers.
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