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Energy

  • BP faces City pressure to ditch £24bn clean energy investments for shareholders

    January 29, 2024

    BP has been told to cut $28bn in clean energy funding by a leading activist investor

  • Ukrainian court confirms £98m lawsuit against London-listed Ferrexpo billionaire

    January 29, 2024

    Kostyantyn Zhevago faces a number of charges from his country's government including an embezzlement action

  • Electric dreams to pricing nightmares for lithium?

    January 29, 2024

    The electrification era is still very young, busts like lithium are commonplace

  • UK government’s onshore wind snub faces legal threats

    January 25, 2024

    If the government had defined it, it would have allowed applications for new onshore wind projects to be fast-tracked through the planning system.

  • UK moves to protect investments in water firms in case they go bust

    January 25, 2024

    Thames Water's group debt pile stands at £18.bn

  • Private Equity firms face “serious gamble” as clock ticks on North Sea fossil fuel investments

    January 25, 2024

    The fate of North Sea fossil fuel exploration is sealed despite government efforts to push through new licenses

  • Red Sea crisis sees Europe import decade-high US diesel oil volumes

    January 25, 2024

    European imports of Middle Eastern oil have plummeted since the January Red Sea attacks by Houthi rebels

  • France and Asia to drive nuclear power to new heights by 2030 as UK roadmap falls flat

    January 24, 2024

    Nuclear development in the UK faces an uphill battle as Sizewell C and Hinkley Point C remain mired in delays.

  • Hinkley Point C faces additional four-year multi-billion pound delay

    January 24, 2024

    Completion of the Hinkley Point C nuclear power plant has been delayed by up to four more years at the cost of billions of pounds, according to its manufacturers. France’s state energy company EDF, which operates all of the UK’s five active nuclear power stations, said the project’s launch date has been pushed from June [...]

  • Government ‘cannot currently’ tell if £22bn subsidy for biomass plants is genuinely green – watchdog

    January 24, 2024

    The Drax plant in North Yorkshire is the country's primary user of biomass

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