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.
A tale of two oil giants November 6, 2023 Energy giants BP and Shell unveiled sharp downturns in their usual earnings last week in a rocky third quarter for the sector.
British Steel: £1.25bn green furnace upgrade announced as 2,000 job losses feared November 6, 2023 British Steel has announced plans to shut its blast furnace in Scunthorpe in its bid to go green with £1.25bn upgrade plans.
King’s Speech: All eyes on the green-fingered monarch as government backs oil and gas November 6, 2023 King Charles will have to announce oil and gas pledges in the King's Speech tomorrow — all eyes will be on his delivery.
Oil and gas licences to be dished out annually, King’s Speech will confirm November 6, 2023 Announcement in King's Speech will draw battle lines with Labour over energy policy
UK climate group secures £3m investment from Barclays November 6, 2023 The cash injection was provided by Barclays Sustainable Impact Capital, a programme set up by the bank to invest £500m in startups by 2027.
Concerns over shortages keep oil prices high as Saudi Arabia and Russia stand firm on supply cuts November 6, 2023 Saudi Arabia will be responsible for additional voluntary cuts of one million barrels per day — while Russia has slashed roughly 300,000 barrels per day from its output.
A tale of two oil giants: BP struggles to keep up with Shell, but net zero scrutiny is coming November 6, 2023 Energy giants unveiled sharp downturns in their usual earnings last week, but BP is struggling compared to its rival Shell.