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Energy

  • Oil markets rattled by fears of escalating conflict in Middle East

    October 15, 2023

    Oil prices will begin trading tomorrow following a sharp surge in prices, with investors spooked by the prospect of protracted conflict in the Middle East.

  • Britain and US should form energy partnership like Aukus, US senator says during UK tour

    October 13, 2023

    Duckworth said the US is in desperate need of transformers to upgrade its electricity grid, but is struggling because much of what it needs is produced in China

  • Government must send ‘clear signals’ to boost UK hydrogen investment

    October 12, 2023

    The government must send "clear signals" that the UK is ready for business, or risk failing to meet its hydrogen ambitions.

  • Brits to face higher bills as Ofgem grapples with rising debts

    October 12, 2023

    Households will be on the hook for Ofgem's plans to stabilise the energy sector to reduce the risk of suppliers going bust.

  • Oil prices slide as economic woes compete with geopolitical risks

    October 11, 2023

    Oil markets have eased in today's trading with investors awaiting further price signals following worries over geopolitical risk.

  • Gas prices pare back gains as volatility fears rattle markets

    October 11, 2023

    Gas prices have eased after yesterday's bumper rally which saw markets surge to their highest levels since June.

  • 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.

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