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Energy

  • One Thames Water overflow in leafy Surrey has been leaking sewage for six days straight

    March 6, 2024

    The firm recently said in its turnaround plan that more leakages were expected for the next year while it worked to fix operations

  • Production up, revenue down as Tullow Oil hit by oil price correction

    March 6, 2024

    The Africa-focused group saw revenue drop on the year prior weighed down by a weaker oil price.

  • Telecom Plus has no plans to slow down after signing up millionth customer

    March 6, 2024

    The FTSE 250 listed company, which provides energy, broadband, mobile and insurance services through one account, made the announcement to markets this morning.

  • Newcleo starts plans to ‘decarbonise oil and gas’ and go nuclear instead

    March 5, 2024

    Newcleo is seeking to raise an additional £855m in equity this year to expand its nuclear project pipeline

  • Fresnillo: Precious metals miner reports silver lining despite profit slump

    March 5, 2024

    Fresnillo is the world's largest producer of silver

  • North America boosts Keller’s bottom line while Europe falls behind

    March 5, 2024

    Keller has seen a 67 underlying profit leap driven by North America

  • Hollywood writers’ strike and higher financing costs hit Ashtead’s profits

    March 5, 2024

    The firm said growth in North America was affected by the lower level of emergency response activity related to natural disasters

  • Spring Budget 2024: From the windfall tax to insulating homes, here’s what the energy sector can expect

    March 4, 2024

    The laundry list of UK energy issues are unlikely to be meaningfully resolved in a tightly-managed budget

  • Windfarm on disgraced Tory donor’s land hit with fine for overcharging

    March 4, 2024

    The body said that the prices set by Dorenell Windfarm Limited (DWL) "did not properly reflect the financial benefits" of reducing its output related to avoided payments that otherwise would have been required by the Government’s Contracts for Difference scheme.

  • Shipping giant Clarkson’s caveats record profit year with Red Sea warning

    March 4, 2024

    Red Sea troubles have led to increasingly significant re-routing of ships, longer voyages and an upside pressure on freight rates.

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