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Energy

  • Boiler Replacement Scheme Over 60s UK: Apply Now for Free Funding

    April 16, 2024

    Thanks to the boiler replacement scheme over 60s, you can upgrade your home’s heating system for free. Available for low-income and vulnerable households in Scotland, Wales and England, you can claim up to £7,500 in free funding for upgrading your entire home’s heating system, to make it more efficient, reduce the cost of energy bills [...]

  • Abrdn and two more City giants shun Sizewell C nuclear project

    April 15, 2024

    The government is currently the majority shareholder and is currently investing a total of £2.5bn in financial support for the project.

  • Ceres Power’s revenue bounces back after a rocky few years

    April 15, 2024

    Revenue for the fuel cell and hydrogen technology specialist increased from £19.8m to £22.3m, while gross profit jumped from £10.7m to £13.6m, the company's 2023 results revealed.

  • Vitol, Gunvor and Trafigura say bribery is over – but reform will take more than words

    April 15, 2024

    The chief executives of Vitol, Gunvor and Trafigura declared the era of bribery in the sector to be over last week. But Rhodri Morgan argues that it will take a lot more than words if the companies are serious about putting an end to corruption in the industry

  • Tata Steel faces pay showdown with workers after Unite strike vote

    April 14, 2024

    A company source told City A.M that the pay offer remains contingent on employees not hitting the picket lines.

  • UK and US block trade of new Russian metals at world’s largest exchanges

    April 13, 2024

    The UK and the US have announced that new aluminium, copper and nickel produced by Russia will no longer be traded at the world’s two largest metal exchanges.

  • What could Shell and BP be worth across the pond? 

    April 13, 2024

    Ultimately, Shell and BP's future in London rides on how patient investors are willing to be.

  • 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.

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