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Energy

  • MPs urge government to reveal bailout plan for struggling Thames Water

    March 3, 2024

    A group of MPs has urged the government to publish its contingency plans for bailing out Thames Water amid fears that taxpayers could be on the hook for billions of pounds.

  • Moving markets: Five things shaping the FTSE 100 today

    March 1, 2024

    Both the Nasdaq Composite and S&P 500 reached record highs, while the Nikkei also hit a new peak. However, China's manufacturing activity slowed for the fifth straight month. Oil prices surged amid Gaza deaths, complicating ceasefire talks. All eyes are on global factory PMI data.

  • Hunting books revenue growth as demand for oil and gas remains robust

    February 29, 2024

    The firm's EBITDA soared by 98 per cent on the year prior

  • Mishcon de Reya kicks off probe for potential group shareholder claim against Drax

    February 29, 2024

    The firm has partners Richard Leedham, Andrew Short and associate Tiffany Morgan on the investigation.

  • Weir Group: Mining tech giant buffs lagging sector with strong returns

    February 29, 2024

    The group's positive showing amidst a downturn in the mining sector

  • Drax bumps up dividend as pellet-burning fuels bumper profit

    February 29, 2024

    Will Gardiner, chief executive, said the group continues to play an "essential role," in the UK's power mix

  • National Grid auctions forebode higher gas demand in coming years

    February 28, 2024

    Britain's auction to ensure enough electricity capacity for 2027/28 has set a new record high price as power demands look set to draw heavily on gas.

  • Octopus Energy chief Greg Jackson: The world isn’t ready for China’s clean energy tidal wave

    February 28, 2024

    Greg Jackson said the UK could be "subsumed" by China's clean energy drive unless policymakers move quicker

  • Endeavour Mining reports death at Burkina Faso gold site

    February 28, 2024

    The individual died "as a result of injuries sustained in an incident that occurred during maintenance activities at the Mana mine in Burkina Faso."

  • ‘Global oil demand will peak beyond 2030’ – Vitol CEO

    February 27, 2024

    The head of Vitol has said the ongoing conflicts in the Eastern part of the globe have not moved the market towards significantly greater distress.

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