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Energy

  • Trafigura and former exec charged over alleged bribery in Angola

    December 6, 2023

    Trafigura and its former chief operating officer have been charged in Switzerland over allegations of bribery, the country's prosecuting authority announced today.

  • Surging uranium prices generate windfall for Yellow Cake

    December 6, 2023

    Uranium-holding vehicle Yellow Cake today reported a near half-billion-dollar profit in its latest financial period as uranium spot prices hovered near 15-year highs.

  • Eight out of 200 offshore wind bosses confident in UK’s 2030 plan

    December 6, 2023

     Just eight senior leaders across the European offshore wind market believe the UK can deliver its national production target by 2030. According to a report released today by research consultancy Newton, just 4 per cent out of 200 senior decision makers within the wind farm industry believe the infrastructure can be built and start delivering [...]

  • Saudi cut threats fail to boost oil prices as slump runs to four days

    December 5, 2023

    Oil prices are falling for a fourth straight day amid ongoing uncertainty over Saudi cuts and high US production.

  • Drax set for gains as it hopes to turn page on biomass farrago

    December 5, 2023

    Drax is expecting a report into the government's biomass strategy to be released before the end of the year

  • COP28: Global nuclear pledge casts further doubt on UK’s capabilities

    December 4, 2023

    The COP28 conference in Dubai has put the UK’s faltering nuclear sector into the limelight once more. Microsoft founder and billionaire philanthropist Bill Gates today used the conference as a platform to announce that his nuclear reactor company TerraPower will examine the UAE’s potential for new reactors. Yesterday, 22 countries including the United States, the [...]

  • ‘They’re regulating themselves’: Water firm reportedly downgrades pollution incidents

    December 4, 2023

    A water firm operating in the north-west of England may have wrongly downplayed numerous pollution incidents last year.

  • AFC Energy cracks hydrogen test, eyes Europe, Asia expansion

    December 4, 2023

    UK hydrogen firm AFC Energy may have broken new ground in the race to make accessible hydrogen technology solutions.

  • ITM Power: Hydrogen specialist sets sights on greener pastures

    December 4, 2023

    Hydrogen power producer ITM Power said it is making "substantial progress" towards building a solid operating year.

  • Octopus charges up EV leasing business with £550m funding

    December 4, 2023

    Octopus Energy's electric car-leasing business has secured an additional £550m in funding, the firm announced today.

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