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Energy

  • Iberdrola puts UK second in its green investment plans with £12bn tranche

    March 21, 2024

    Spanish energy giant Iberdrola is set to send more green energy investment to the UK than Spain, Germany, France and Australia combined. The group today revealed that it will be sending £12bn over the next three years to the market, the second largest allocation in a £35bn tranche that will also see the creation of [...]

  • Iraq turned off Gulf Keystone oil profits last year

    March 21, 2024

    The firm said that it is selling oil locally and is making "more than enough" to cover expenses

  • Exclusive: Former Helium One chief chooses London’s AIM to float new venture

    March 21, 2024

    Helix Exploration will be extracting helium through three drilling projects in the US state of Montana

  • UK oil major Wood Group to axe 200 jobs

    March 21, 2024

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

  • Centamin: Higher gold production boosts earnings for London-listed miner

    March 21, 2024

    London-listed miner Centamin said today that it pulled 450,058 ounces of gold out of the ground this year, around two per cent more than the year prior.

  • Western countries overly ‘optimistic’ in nuclear project delivery

    March 21, 2024

    Both Hinkley Point C and Sizewell C nuclear power stations are mired in delays or pre-construction barriers.

  • Is National Grid about to pylon investors with green energy spending plan?

    March 20, 2024

    The National Grid's dividend hasn't been cut in 25 years

  • Why investors need to get used to lower cash returns from the likes of Rio Tinto, Glencore and BHP

    March 19, 2024

    Morningstar's report contends that mining has been too focused on investor returns over project development.

  • Wind farms, pylons and an ‘electrical spine’: Inside the National Grid’s plan to overhaul UK power

    March 19, 2024

    The ambitious plan involves the upgrading or laying of around 7,000 miles of electricity cables

  • Tata Steel to close coke coal ovens as Port Talbot wind-down begins

    March 18, 2024

    Around 2,000 jobs are set to go with the closure of the steel-making plant's primary assets at the end of this year.

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