Exxon snaps up shale giant Pioneer in $60bn mega-deal October 11, 2023 Exxon agreed to buy rival Pioneer in an all-stock deal valued at $59.5bn that would make it the biggest producer in the largest US oilfield.
UK will struggle to meet lithium shortfalls from allies amid China dominance, minerals boss warns October 11, 2023 The UK will struggle to meet its lithium needs without China, the boss of Cornish Lithium fears.
Solar clampdown would repeat mistakes of onshore wind ban, energy boss warns October 11, 2023 The government could be about to repeat the mistakes that lead to onshore wind's demise through a clampdown on farmland solar.
Gas prices jump after Israeli gas field halts production October 10, 2023 Gas prices have jumped to their highest level since June following the closure of one of Israel's largest fields in the Mediterranean Sea.
Speedy Hire buys battery specialists GPH for £20.2m October 10, 2023 Speedy said service revenues are expected to be lower in the second half, citing the decline in the wholesale price of fuel.
Net zero risks energy security, says OPEC, as cartel slashes oil output October 10, 2023 Climate action to reach net zero undermines investment in the oil sector and jeopardises global energy security, warned OPEC.
LME: Hong Kong owners pledge to ‘strengthen its stewardship’ of the industry after nickel crisis October 9, 2023 The LME will ramp up its oversight of the market following last year's nickel crisis, the boss of its parent company has pledged.
Gold prices surge as investors embrace safe haven assets following Hamas attack on Israel October 9, 2023 Gold prices have rebounded heavily today from a nine-day slump, with investors drawn to safe haven assets amid concerns over geopolitical risk.
Gas prices soar as threat of more Aussie LNG strikes looms October 9, 2023 Gas prices have surged across Europe, amid the renewed threat of further strike action across major LNG production sites in Australia.
Copper bosses warn of mine shortage in race to meet net zero demand October 9, 2023 The transition to low carbon energy could be jeopardised by the lack of new copper mines to keep pace with growing demand.