Chevron to buy Hess Corp for $53bn as it expands in oil-rich Guyana October 23, 2023 The deal puts two of the top oil giants, Chevron and Exxon Mobil, head-to-head in two of the world's fastest growing oil basins - shale and Guyana.
Global uncertainty strengthens case for UK oil and gas, says industry boss October 23, 2023 Emerging geopolitical challenges are strengthening the case for domestic oil and gas production, argued the chief executive of OEUK.
How Ofgem can restore trust in the energy market October 23, 2023 Ofgem is still scrambling to revamp the energy market - City A.M. has made some suggestions to ensure it is competitive and robust.
Europe leads hydrogen race, with UK and US scrambling to catch up October 23, 2023 Europe will be the runaway leader for green hydrogen projects over the next five years, with the UK and US still playing catch-up.
Ofgem boss reignites calls to reform energy price cap as winter looms October 19, 2023 Ofgem boss Jonathan Brearley has doubled down on his criticisms of the energy price cap, raising doubts over its future role in the market.
Untreated sewage illegally spilled for years, Welsh Water admits October 19, 2023 Dozens of Welsh Water treatment plants have been illegally spilling untreated sewage for years, the company has admitted.
Energy sec Coutinho defends renewables investment but ‘conscious’ of US and EU ramping up subsidies October 19, 2023 Energy secretary Claire Coutinho has defended the government's green record amid challenges from rival markets.
Ofgem launches crackdown on energy firm customer service standards October 18, 2023 Energy firms must prioritise vulnerable customers and contact those who miss payments in a crackdown on customer service standards by regulator Ofgem.
Water companies need vast sums to meet improvement plans, Moody’s warns October 18, 2023 Water companies across England and Wales will need to find hundreds of billions of pounds to meet their commitments, says Moody's.
Morgan Stanley locked in secret London court battle to seize Russian oil firm October 18, 2023 Morgan Stanley is locked in a secret London court battle as part of an attempt to seize ownership of an oil firm in southern Russia on behalf of a group of Russian lenders, City A.M. has learned.