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Energy

  • Wood Group pushes cost-cutting drive and upgrades 2024 outlook

    March 26, 2024

    The company currently employs around 6,500 in the UK, most of whom are in Aberdeen.

  • AFC Energy looks to capitalise on ‘unrealised value’ as losses widen

    March 26, 2024

    AFC's chief executive said the customer pull to replace diesel generators had never been stronger

  • Genel Energy boss confident in ‘leaner’ company as Iraq pipeline closure sinks revenue

    March 26, 2024

    Chief executive Paul Weir said his company's cash could double once the pipeline is turned back on

  • ‘Warning lights flashing’ as UK risks missing out on £450bn energy market

    March 26, 2024

    OEUK said that any argument for windfall taxes on oil and gas firms has disappeared with energy prices having returned to pre-Russia-Ukraine war levels.

  • Keir Starmer: Tory criticism of Great British Energy offshore plans is ‘unpatriotic’

    March 25, 2024

    Labour Party leader Sir Keir Starmer has come under increasing criticism for reversing plans for key policy areas

  • Ferrexpo bullish on production output despite mounting legal actions

    March 25, 2024

    Iron ore miner Ferrexpo is facing multiple lawsuits including unpaid supplier debts.

  • Water firms to face more sewage dumping tracking from environment watchdog

    March 25, 2024

    The Environment Agency today said that from next year, utility providers in England and Wales will be required to fit monitors on an additional 7,000 emergency overflow pipes that have to date not been accounted for.

  • Investors pressuring Power Metal Resources to back Uranium listing

    March 25, 2024

    Uranium spot prices rose to a 16-year high of $106 (£84) per pound in February.

  • Ofgem price cap: The time of day your household uses energy could impact future bills

    March 25, 2024

    A "more dynamic" price cap could be introduced by Ofgem based on the time of day households use their energy, it has been revealed.

  • Water giant Pennon blames rain for poor pollution performance

    March 25, 2024

    Pennon Group has flagged a dip in operational performance due to heavy rain and a string of storms across the UK.

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