GE Hitachi: UK bid to treble nuclear generation capacity is ‘significant task’ November 9, 2023 The government must ensure stability in the UK’s investment climate if it wants to revive the country’s nuclear ambitions, GE Hitachi warns.
Energy suppliers to cough up £10.8m after missing smart meter targets November 9, 2023 Some of the UK's biggest energy suppliers have agreed to cough up £10.8m in redress payments, after missing smart meter targets.
National Grid profits slip near 20 per cent as chief slams government inaction November 9, 2023 National Grid has called for policy to keep up with the company's push to electrify the country's grid following record spending.
Coutinho: Sunak was right to water down green pledges November 8, 2023 The Prime Minister was "exactly right" to row back on green pledges, energy security and net zero secretary Claire Coutinho has said.
Eon posts £6.8bn profit – but earnings to slide as gas prices fall November 8, 2023 European energy giant Eon is predicting a hefty downturn in profits during its fourth quarter of trading across its retail division.
North Sea oil and gas sector push Labour to back licensing rounds November 8, 2023 The North Sea oil and gas industry is hoping to convince Labour to back future oil and gas licences - City A.M. has learned.
Oil prices slide as China weighs down demand hopes November 7, 2023 Oil prices have tumbled because of weak global demand
Aramco sustains payouts to investors as profits slide to just £26.5bn November 7, 2023 Saudi Arabia has slash=ed oil output to prop up prices alongside OPEC allies
Energy suppliers must do more to help firms tied to brokers this winter November 7, 2023 Energy suppliers should be looking to help all of its business customers survive the winter including firms tied to third party deals, FSB warns.
EDF prepared to work with nuclear rivals as French energy giant commits to UK November 7, 2023 There is room for multiple winners in the race to build mini-nuclear power plants in the UK, EDF told City A.M.