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Energy

  • Sizewell C: £20bn nuclear plant to begin construction after latest green light

    January 15, 2024

    Andrew Bowie, the nuclear minister will visit the site today, as he called the triggering of the DOC a “major milestone”.

  • Why gas – yes, gas – is set for a starring role in the green transition

    January 15, 2024

    Natural gas is going to play a big role in bridging the world towards cheaper renewables, but not everyone's happy about it

  • Octopus investment pours £200m into data centre heat recycling firm

    January 15, 2024

    Using the Octopus tranche, the UK firm Deep Green plans to expand its technology to more sites across the country.

  • Explainer: How Russia is dodging oil sanctions and what the West is doing about it

    January 13, 2024

    G7 sanctions are slowing Russia's oil industry but the sanctions are not having the desired effect

  • Oil leaps as strikes on Yemen’s Houthi rebels fuels Straits of Hormuz closure fears

    January 12, 2024

    Around 20 per cent of the world's oil passes through the Iran-controlled Straits of Hormuz each day

  • Oil engineer Wood Group sees profit lift as order book strengthens

    January 12, 2024

    Oil industry services company Wood Group has posted a near double-digit profit uptick on the back of a bevvy of major contract wins.

  • Sunak: Nuclear is ‘antidote’ to UK energy security – but the road to safety is long

    January 11, 2024

    A “shot in the arm” generally means the quick application of a solution to cure, or at the very least aid a solving a problem. But, the government’s nuclear answer to its energy security issues could take over half a decade if today’s launch of a new sector strategy is to be taken at face [...]

  • Sizewell C: UK and France-owned EDF look to raise £20bn for Suffolk nuclear site

    January 11, 2024

    They hope to raise the money by the end of 2024, the energy minister responsible for the sector told the Financial Times.

  • Russia oil exploration hits record levels as Putin fights sanctions with drilling

    January 10, 2024

    Russia's 2023 drilling volumes broke post-pandemic records

  • Energy-inefficient properties could burn £370m hole in pockets of London businesses

    January 10, 2024

    Some 11.9 million sq ft of energy inefficient stock is set to arrive on central London’s market over the next three years, burning a £370m hole in businesses pockets.

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