Trading house Vitol reports another bumper year of profit on higher gas trading volumes April 8, 2024 Russell Hardy, the group's chief executive noted in a statement last month that the energy markets have become "ever more important and ever more complex."
Thames Water explores radical restructuring plans in fight for survival April 7, 2024 Embattled Thames Water is reportedly exploring radical plans to avoid collapse as the company and its lenders pay City advisors millions of pounds a week to work out a turnaround plan and find a way to repay its massive debts.
Is the London Stock Exchange’s golden age of mining over? April 6, 2024 Glencore and Anglo American come immediately to mind when one considers the recent struggles for London miners.
Thames Water default: What’s next for the company now it can’t officially pay its debts? April 5, 2024 Is Thames Water edging closer to a Bulb-style government bailout?
Commodity traders still made bank last year despite calmer markets April 5, 2024 Global commodity trading generated more than £79bn in earnings before taxes (EBIT) in 2023.
Thames Water’s parent company defaults on £400m loan and asks creditors to ‘take no action’ April 5, 2024 Consultancy firm Alvarez & Marsal is advising the embattled water firm in talks regarding its debt structure with its creditors.
Nuclear start-up Newcleo submits first reactor design for a decade April 5, 2024 Newcleo's chief said the submission marked an "important milestone" in the firm's development programme.
Why are investors flocking to copper? April 5, 2024 If Chinese smelters agree collective production cuts, global supply will likely tighten significantly
Shell expects gas production to jump in first quarter April 5, 2024 Shell's Q1 2024 results are expected in early May.
Ofgem: Energy watchdog to consult over AI’s risk to industry collusion April 4, 2024 Ofgem said it "appears to have sufficient powers to address important risks arising from the use of AI when detected."