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
Rio Tinto ‘devastated’ as several employees dead in charter plane crash January 24, 2024 The crash happened within the last 24 hours near the Canadian town of Fort Smith
UK has insured £102bn worth of Russian oil despite sanctions January 24, 2024 A former Cabinet minister has called on the insurance industry to think on its obligations after it was revealed that UK firms have insured over €120bn worth of Russian oil.
UK commits £1.3bn to finish off Sizewell C as Supreme Court challenge mounts January 23, 2024 The government expects to reach a final investment decision on Sizewell C this year
Macron persuades high-tech London firm to ditch UK for France for major project January 22, 2024 Newcleo chief executive Stefano Buono said French president Macron personally lobbied the company