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Energy

  • 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.

  • Centamin: Higher gold production boosts earnings for London-listed miner

    March 21, 2024

    London-listed miner Centamin said today that it pulled 450,058 ounces of gold out of the ground this year, around two per cent more than the year prior.

  • Western countries overly ‘optimistic’ in nuclear project delivery

    March 21, 2024

    Both Hinkley Point C and Sizewell C nuclear power stations are mired in delays or pre-construction barriers.

  • Is National Grid about to pylon investors with green energy spending plan?

    March 20, 2024

    The National Grid's dividend hasn't been cut in 25 years

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