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Energy

  • Investors pressuring Power Metal Resources to back Uranium listing

    March 25, 2024

    Uranium spot prices rose to a 16-year high of $106 (£84) per pound in February.

  • Ofgem price cap: The time of day your household uses energy could impact future bills

    March 25, 2024

    A "more dynamic" price cap could be introduced by Ofgem based on the time of day households use their energy, it has been revealed.

  • Water giant Pennon blames rain for poor pollution performance

    March 25, 2024

    Pennon Group has flagged a dip in operational performance due to heavy rain and a string of storms across the UK.

  • Creeping steel demand could threaten UK offshore wind projects

    March 25, 2024

    Rising demand for steel in the UK, and the potential price spikes that could follow, could delay the future expansion and development of British offshore wind projects, a new report has warned.

  • Europe urged to ‘disconnect’ from Russian uranium in nuclear projects

    March 24, 2024

    The UK is investing up to £26m to bring uranium conversion back to the UK.

  • Chinese battery firm nearing deal on UK’s biggest gigafactory

    March 24, 2024

    One of China's largest specialist electric car battery manufacturers is set to spend billions on the UK's biggest gigafactory, reports suggest.

  • 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.

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