Shell chief nets £8m as firm moves goalposts on net zero strategy March 14, 2024 Wael Sawan's pay packet totals nearly the same as that received by his BP counterpart
UK carbon capture strategy ‘outdated and unrealistic’ as costs doubled to £20bn March 13, 2024 Will Gardiner, chief executive, said the group continues to play an "essential role," in the UK's power mix
Embattled miner Ferrexpo postpones results indefinitely as legal claims continue March 13, 2024 Ferrexpo faces multiple lawsuits including a £98m action from an unknwon claimant in Ukraine
Hochschild Mining extends dividend break as gold losses grow March 13, 2024 Cash levels at the company also dropped 38 per cent year-on-year
UK energy debt collector accused of chasing customers with ‘Michael Jackson’ signed emails March 13, 2024 MoneySavingExpert has published claims of consumer harm and poor practice against an energy debt collection firm, including that it chased debts using the signature of late US popstar Michael Jackson.
Tories and Labour increasingly believe going green won’t win votes March 12, 2024 Tory plans to back gas power stations and Labour's decision to scale back its £28bn green pledge suggest both parties increasingly believe going big on green initiatives won't win them votes at the next election.
‘Concessions to the gas lobby’: Renewable energy sector blasts government’s gas power play March 12, 2024 The UK's renewable energy sector has slammed the government’s new commitment to develop gas-fired power stations to act as a back up to support green energy projects.
Nord Stream launches lawsuit against Lloyd’s of London insurers over pipeline sabotage March 12, 2024 Nord Stream AG, a consortium headquartered in Switzerland, is majority owned by the Russian state-owned gas company Gazprom.
Energy secretary decries Labour’s ambition to de-carbonise the UK electricity grid as ‘pure politics’ March 12, 2024 Speaking at international affairs think-tank Chatham House, Coutinho denied accusations from journalists and the audience that energy policy was being used as a political football and insisted the conservative road map was based on facts.
Thames Water not included in £180m sewage cleanup plan. It has an £8bn bill instead March 11, 2024 It is understood the environment agency is disappointed that Thames Water did not make a fresh funding commitment, and was unable to accelerate investment.