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Energy

  • TalkTalk buys Shell UK’s former broadband customers in Octopus Energy deal

    December 14, 2023

    TalkTalk will gain the retail margin from the new additions, but will not get a wider customer base as the company already serves the former Shell customers through its wholesale platform, Sky reported.

  • Battery firm Gore Street feels bite of investment cooldown as profits plunge

    December 14, 2023

    The battery energy storage firm has struggled with NAV and profit slumps since March

  • Thames Water appoints new £850,000 boss in attempt to turn tide

    December 14, 2023

    Thames Water has a new boss, Chris Weston, as it attempts to turn the page on a miserable few years

  • Disgraced BP chief Looney misses out on £32m pay package after ‘serious misconduct’

    December 13, 2023

    Former BP chief executive Bernard Looney will not receive a £32.4m salary and bonuses package after "serious misconduct".

  • Should oil nations bankroll hydrogen car racing? The sport’s boss says ‘it is the only way’

    December 13, 2023

    Oil nations bankrolling hydrogen car racing is "the perfect metaphor of how the future is going," the sport's boss told City A.M.

  • Thames Water: We can’t pay our debts – our bills are too low

    December 12, 2023

    Thames Water is set to plead with lenders to extend the collection date of a £190m loan that it currently cannot pay back.

  • UK’s waste-to-energy leader readies £800m carbon capture expansion

    December 11, 2023

    The UK's largest waste-to-energy firm has announced it will invest £800m into the divisive area of carbon capture technology.

  • OPEC and the US wrestle for control of oil prices

    December 11, 2023

    The US and OPEC+ are once again locked in a battle to establish a dominant position for control over oil prices. 

  • Backer of Yorkshire Water owner eyes £500m exit as industry troubles continue

    December 10, 2023

    A part owner of one of the UK's biggest water suppliers is considering an exit as the sector comes under increasing scrutiny.

  • Whitehall to move staff to Scotland to boost confidence in North Sea oil

    December 10, 2023

    Up to 200 civil servants working on energy and climate change issues will be moved to Aberdeen, the home of the UK's oil and gas industry, according to a report.

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