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Energy

  • Rishi Sunak backs Rosebank oil and gas field: We don’t reach net zero by ‘wishing it’

    September 27, 2023

    Prime Minister Rishi Sunak has backed the approval of Rosebank, the UK's largest undeveloped oil and gas field in the North Sea.

  • Rosebank: All systems go for new North Sea oil and gas field after joint thumbs-up

    September 27, 2023

    The Rosebank oil field development WILL go ahead after private investors and government both signalled final approval.

  • North Sea oil and gas industry ripe for M&A activity but constrained by lack of cash

    September 27, 2023

    The North Sea is ripe for takeovers with multiple oil and gas assets up for grabs, but the lack of finances means few players will benefit.

  • Drax suffers share price scare after shorting schemes unveiled

    September 26, 2023

    Drax's share price has endured a wild journey on the London Stock Exchange today, with backers seemingly spooked.

  • Yu Group boss: Big Six energy rivals ‘should be worried’ by challenger’s bumper results

    September 26, 2023

    The boss of fast-growing challenger supplier Yu Group believes the Big Six "should be worried" by his company's success.

  • IEA: Clean energy spend must increase 250 per cent to £3.7 trillion per year to meet net zero

    September 26, 2023

    Clean energy spending must reach £3.7 trillion per year in the 2030s for the world to reach net zero, the International Energy Agency says.

  • Solar energy boss considers rival markets after UK climbdown over green pledges

    September 26, 2023

    The government has sent the "wrong signal" to British businesses with their rollback of green energy pledges, warned Naked Energy.

  • Water recycling: Why we could all be drinking retreated sewage

    September 26, 2023

    Water shortages are pushing suppliers to come up with new solutions - including recycled water, but what exactly is it?

  • Winter gas price rally unlikely despite recent steady climb, experts say

    September 25, 2023

    Gas prices are still expected to stabilise heading into winter despite a recent rise in spot prices on European benchmarks.

  • Oil prices hold firm as Russia puts more pressure on supplies

    September 25, 2023

    Oil markets have stabilised in this morning's trading, with consolidating historic price gains on both major benchmarks.

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