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Energy

  • UK’s largest electricity transmission project to get £3.4bn in funding, Ofgem says

    March 27, 2024

    A mega project to build an electricity "superhighway" cable link between Scotland and Yorkshire is to receive £3.4bn.

  • Why this week’s wind power auction could be a make-or-break moment in the UK’s net zero journey

    March 27, 2024

    The success of Auction Round Six is vital to the UK's net zero ambitions

  • British Gas: Centrica chief’s pay swells to more than £8m

    March 26, 2024

    The chief executive of Centrica, the owner of British Gas, saw his pay swell to more than £8m in 2023, it has been revealed.

  • 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.

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