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Energy

  • 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.

  • Will oil prices hit $100 a barrel in 2024?

    April 9, 2024

    Against many market bets, oil prices have risen sharply throughout the first quarter of 2024. But can prices hit $100 this year?

  • Shell looking at “all options” on “undervalued” London listing

    April 8, 2024

    Wael Sawan, the head of the largest company on the FTSE 100, described London as an "undervalued location".

  • Rolls-Royce taps funding for nuclear-powered space missions

    April 8, 2024

    Rolls Royce is among the beneficiaries of a fresh funding round from the UK Space Agency to develop cutting-edge space technologies.

  • Exxonmobil bets £791m on UK oil sector as other operators pull back

    April 8, 2024

    Exxon's bet on diesel appears contrary to a wider trend amongst its petrogiant peers.

  • UK ‘still going backwards’ as it scores three out of ten on energy security pledges

    April 8, 2024

    The research contends that the government has failed outright on four of its targets set out in 2022 and only partly progressed three more.

  • European Green Transition hits London Stock Exchange on rare metal hopes

    April 8, 2024

    The self-described ‘green economy asset developer carries a market capitalisation of £14.5m.

  • Trading house Vitol reports another bumper year of profit on higher gas trading volumes

    April 8, 2024

    Russell Hardy, the group's chief executive noted in a statement last month that the energy markets have become "ever more important and ever more complex."

  • Thames Water explores radical restructuring plans in fight for survival

    April 7, 2024

    Embattled Thames Water is reportedly exploring radical plans to avoid collapse as the company and its lenders pay City advisors millions of pounds a week to work out a turnaround plan and find a way to repay its massive debts.

  • Is the London Stock Exchange’s golden age of mining over?

    April 6, 2024

    Glencore and Anglo American come immediately to mind when one considers the recent struggles for London miners.

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