Britishvolt buyer Recharge failing to pay UK staff – report November 5, 2023 The Australian buyer of the failed battery start-up Britishvolt has not paid its UK staff for the last four months, according to a report.
Oil heads for weekly loss as Israel-Hamas war risk premium wanes November 3, 2023 Both benchmarks gained more than $2 a barrel on Thursday, but were on track to lose up to 3% on the week.
Brookfield to push ahead with $10.6bn bid for Octopus Energy shareholder November 2, 2023 A Brookfield-led consortium has accused Origin Energy's largest shareholder, Australiansuper, of "holding the company hostage."
Oil mega deals lift October M&A activity despite year-to-date declines November 2, 2023 Mega deals in the oil industry hiked October merger and acquisition activity to its highest level in 17 months.
Shell sweetens shareholders with chunky buybacks even as profits fall November 2, 2023 Shell joined its rivals in posting a year-on-year decline in profits over the third quarter this year but has kept its share price high.
Shell offers £2.8bn in share buybacks as profits slide to £5.1bn as commodity boom eases November 2, 2023 Shell is the latest energy giant to post a sharp downturn in profits, unveiling £5.1bn earnings over the third quarter — a 40 per cent decline year-on-year.
Drax sustains its biomass hopes with carbon capture push November 2, 2023 Drax's biomass terminals have been at the centre of controversy in the UK's push to reach net zero and bolster energy security.
Tata Steel: Up to 3,000 Port Talbot jobs saved – for now November 1, 2023 Up to 3,000 steelworkers at Tata Steel’s Port Talbot plant have been granted a temporary reprieve after an expected announcement on job cuts has apparently been pulled.
Oil prices rise ahead of US interest rate decision November 1, 2023 Oil prices climbed more than one per cent today as investors await the latest interest rate decision from the US Federal Reserve.
Orsted shares tank after halting two major US wind farms November 1, 2023 Orsted has halted two new offshore wind projects in the US as weighs up its energy portfolio - scaling down its American ambitions.