‘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.
Just Stop Oil’s ‘imposition’ is slowing energy transition – North Sea chief February 27, 2024 OEUK Chief David Whitehouse said that de-carbonisation will not happen through goodwill alone
Ed Miliband blasts ‘inertia’ over climate policies at key London energy conference February 27, 2024 In his role as Labour's climate change tsar, Miliband launched the party’s now-canned £28bn ‘Green Prosperity’ plan
UK green hydrogen plant plans unveiled by global giant Lhyfe February 27, 2024 Plans for a green hydrogen plant in the North East of England have been unveiled by global giant Lhyfe.
Proton Motor doubles deliveries as demand for hydrogen tech booms February 27, 2024 Proton Motor Power Systems said it nearly doubled deliveries of its hydrogen fuel cell systems in 2023 as demand increases for the nascent technology.
Orsted brings in new finance and operations chiefs amid wind industry challenges February 27, 2024 Orsted, the world's largest offshore wind farm developer has brought in a new CFO and COO as it battles with macroeconomic challenges pumelling the sector.
Jeremy Hunt warned decarbonisation efforts need ‘greater urgency’ February 26, 2024 Expansion of the immediate availability of electricity will likely be a key election battleground this year
Toxic English rivers: not a single river classified as having ‘good’ water quality February 26, 2024 Toxic chemicals that remain in ecosystems for decades pollute every stretch of English rivers.
Ofwat blasted for allowing struggling water firms to not employ auditors February 26, 2024 The firms together provide water and sewage services to around 3.7m UK customers.
Miners are set for a bumpy ride February 26, 2024 The UK’s major miners face multiple challenges. The first of these is operational – Glencore and Anglo American, two of London’s largest commodity outfits, have bled profits in 2023. For the former, adjusted EBITDA fell by 50 per cent year-on-year to $17bn in 2023 while Anglo American saw a net profit fall of 94 per cent. [...]