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.
Thames Water could face government inquiry amid bankruptcy warning December 3, 2023 A potential Parliamentary inquiry is to be added to the seemingly ever-growing list of financial and operational problems at Thames Water. The Financial Times reported this weekend that the bedraggled utilities provider may be called in front of MPs once more to verify aspects of its accounts that came to light last week. In July, [...]
COP28: Exxon Mobil boss rejects IEA criticism of carbon capture strategy December 2, 2023 Exxon Mobil CEO Darren Woods on Saturday rejected the International Energy Agency’s recent claim that using wide-scale carbon capture to fight climate change was an implausible “illusion”, saying the same could be said about electric vehicles and solar energy. “There is no solution set out there today that is at the scale to solve the [...]
COP28: Rishi Sunak unveils ‘massive’ £11bn deal for UK’s Dogger Bank wind farm December 1, 2023 A “massive” deal has been struck between energy firms RWE and Masdar to invest up to £11bn in the UK’s Dogger Bank wind farm, Rishi Sunak has said.