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Energy

  • Petrofac mulls equity issuance as it battles to stay afloat

    April 12, 2024

    Oil and gas exploration company Petrofac currently remains "in discussions" with its lenders over restructuring its massive debts, suggesting options such as exchanging equity in the business.

  • National Grid reforms set to drive returns at Gresham House Energy Storage Fund and Harmony Energy

    April 12, 2024

    Revenues from battery energy storage systems have jumped between February and March.

  • Tata Steel: More than 1,500 workers to forego pay-offs and strike

    April 11, 2024

    Steelworkers have voted to strike in protest at planned job losses at Tata Steel.

  • Comments from ex-chief send the Shell share price to an all-time high

    April 10, 2024

    Shell's share price hit £2,861 per share in early morning trading today.

  • Former Shell chief stokes London listing departure fears

    April 9, 2024

    Van Beurden, who left the supermajor in 2022, said that the US has more favourable attitudes towards conventional energy companies.

  • Trafigura: AI and data centre construction could lead to copper shortages

    April 9, 2024

    Trafigura's chief economist said that an additional 1m tons of copper have not been factored into a lot of supply and demand balances.

  • Former Thames Water owner among creditors fighting for payback

    April 9, 2024

    Thames Water is in yet another crisis as its shareholders gear up for a potential re-structuring battle

  • Investor demand helps Helium Exploration raise twice as much as expected in float

    April 9, 2024

    The group's listing was oversubscribed by a large ammount.

  • Active Energy seeks buy-out on its wood-coal biomass hybrid

    April 9, 2024

    The company has been trying to develop a greener, coal-wood hybrid form of biomass

  • BP: British oil and gas giant to start year strong with boosted activity

    April 9, 2024

    The firm today said that oil, gas and lo-carbon production across its operations is expected to be higher for Q1 2024 compared to the end of last year.

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