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Energy

  • 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.

  • Thungela: Coal producer derailed by weak market and South African infrastructure

    March 18, 2024

    Coal prices suffered a downturn in 2023 at the hands of a milder-than-expected climate and high gas reserves

  • European Green Transition picks London to dig for key metal success

    March 17, 2024

    The group will focus on distressed or under-valued green assets across Europe

  • Activist Bluebell: BP net zero plan still too green – and other shareholders agree

    March 17, 2024

    BP first faced calls to change its net zero strategy from Bluebell Capital Partners in January

  • Shell wants to stay in the fossil fuel game as long as possible

    March 16, 2024

    Shell altered or dropped several green commitments in an energy transition update last week

  • Remember the £190m interest bill Thames Water wanted more time on? It’s due next month

    March 15, 2024

    The embattled firm will learn from Ofwat in the next few months whether it will be allowed to charge customers more to fund its recovery plan

  • HSBC leads Sizewell C investment push as time ticks on final investment decision

    March 14, 2024

    Britain’s largest bank by market capitalisation is trying to rally an effort to push a final investment decision over the line for the delayed Sizewell C nuclear super project. According to a Bloomberg report today, HSBC is discussing the possibility with investment funds to provide a debt facility that would be guaranteed by the UK’s [...]

  • Why is Ofwat making Welsh Water pay out £40m in charges?

    March 14, 2024

    Water leaks across the firm's operations were found to be at much higher levels than reported

  • Shell chief nets £8m as firm moves goalposts on net zero strategy

    March 14, 2024

    Wael Sawan's pay packet totals nearly the same as that received by his BP counterpart

  • UK carbon capture strategy ‘outdated and unrealistic’ as costs doubled to £20bn

    March 13, 2024

    Will Gardiner, chief executive, said the group continues to play an "essential role," in the UK's power mix

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