Thames Water admits there will be MORE leaks this year than last February 13, 2024 Thames Water has admitted that its turnaround programme has not gone as well as hoped - and it will miss its own targets
Profits fell at green tech start-up Myenergi ahead of major job losses February 12, 2024 Profits were cut at smart home start-up Myenergi ahead of the HSBC-backed company slashing more than 100 jobs, it has been confirmed.
UK government aims to buy back key nuclear site from Hitachi February 12, 2024 Ministers are now looking for new buyers into the project, one of which is reportedly South Korean nuclear developer, Korea Electric Power Corporation (KEPCO).
Water firms face new fines for poor customer service February 12, 2024 Water firms could be fined up to a tenth of their turnovers for poor customer service under the new powers
‘Can’t do the maths’: Labour slammed for oil and gas windfall tax extension February 11, 2024 The UK’s offshore energy industry has lambasted Labour and its leader Keir Starmer after the party said it will extend the windfall tax on UK oil and gas producers. The body said if the party follows through with its intention to extend the levy until 2029, up to 42,000 jobs will be lost and £26bn [...]
Investors pressure HSBC over oil and gas funding transparency February 11, 2024 The company has come under fire for not disclosing emissions as part of its capital markets strategy involving oil and gas companies
Big Oil commits to Big Returns for shareholders as profits keep flowing February 10, 2024 In an era when big oil needs to keep investors happy - how far can buybacks go?
London Metal Exchange faces legal action over trading in ‘dirty metals’ February 8, 2024 The London Metal Exchange (LME) is set to defend itself after legal action was filed in the English High Court by eco groups over it “trading in dirty metals”. Global Legal Action Network (GLAN), along with the London Mining Network, are arguing that by enabling the global sale of ‘dirty metals’, LME is breaching UK [...]
Diamonds aren’t forever – Anglo American mulling impairment charge over struggling De Beers February 8, 2024 De Beers couldn't turn a profit through the second half of last year (Photo by Alexander NEMENOV / AFP) (Photo credit should read ALEXANDER NEMENOV/AFP/Getty Images)
Stormy weather hits SSE’s output and delays construction of world’s largest wind farm February 8, 2024 Dogger Bank A could face delays until 2025 though SSE is confident the returns on the project won't be affected.