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Energy

  • Blow for British Steel as auditor quits after just a year

    January 21, 2024

    The firm responsible for auditing British Steel’s accounts has walked away from the Chinese-owned steelmaker after it was unable to verify stock worth tens of millions of pounds.

  • Tata Steel: Unions warn they will take action to preserve steel making at Port Talbot

    January 20, 2024

    Unions have stepped up warnings of industrial action in response to job losses at the country’s biggest steel plant.

  • What are ‘green skills’ and does the UK need to ramp them up?

    January 20, 2024

    The UK needs to ramp up its green skills training or risk falling behind in the green transition, according to fresh research, but there is also caution over so-called ‘green skills washing’. The rallying call was made following new research from Economist Impact and electricity company Iberdrola, which finds that a large proportion of the UK workforce is [...]

  • Schroders Greencoat to pay £700m for Toucan in back-door Thurrock Council refund

    January 19, 2024

    Schroders Greencoat is expected to buy up insolvent solar energy firm Toucan Energy next week, reports suggest.

  • Tata confirms 2,800 jobs will be culled in green shift for UK steel plant

    January 19, 2024

    Tata will replace existing blast furnaces with electric arc furnaces

  • Efficacy of new oil and gas licenses in doubt ahead of key MPs bill debate

    January 19, 2024

    Global Witness figures show UK production has fallen 60 per cent during a time when 1,680 new exploration licenses were granted.

  • Endeavour CEO has £22.8m pay packet withdrawn for alleged ‘serious misconduct’ after firing

    January 19, 2024

    Sebastien de Montessus was ousted earlier this month for authorising and failing to disclose a £5m irregular payment.

  • British Gas named least favourite energy provider as Octopus keeps shining

    January 19, 2024

    British Gas scored just over 50 per cent on overall customer satisfaction

  • Government’s controversial Drax biomass subsidy faces political backlash

    January 18, 2024

    The UK government has published a consultation exploring different funding options for Drax's biomass-fired power plant

  • UK gas glut slashes one quarter off Harbour Energy’s returns sheet

    January 18, 2024

    The FTSE250 company, Harbour Energy, which is now the largest independent oil producer in the North Sea, has projected 2023 revenues to come in at $3.9bn, down 27 per cent from $5.4bn in 2022.

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