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Energy

  • Rosebank’s approval sends oil shares soaring and triggers green backlash

    September 28, 2023

    Plans to develop the UK’s largest untapped oil and gas field were approved by regulators yesterday – sending shares in its backers soaring and triggering a wave of green criticism.

  • Rising oil prices won’t derail fight against inflation, experts reckon

    September 28, 2023

    Inflation is likely to continue on its downward trajectory despite a recent surge in oil prices, experts told City A.M.

  • SSE launches £15m energy bill support fund for businesses as winter looms

    September 28, 2023

    SSE has launched a £15m support fund to ease the pressure on businesses struggling with ultra-high energy bills this winter.

  • Ineos boss Sir Jim Ratcliffe slams UK’s ‘total lack’ of energy policy

    September 27, 2023

    Ineos boss Sir Jim Ratcliffe has hit out at what he sees as the UK’s “total lack” of an energy policy, which he branded “completely irresponsible”.

  • Rosebank: Climate campaigners prepare legal action against oil and gas field

    September 27, 2023

    Climate campaigners have vowed to take legal action against the government, following the approval of Rosebank this morning.

  • Thames Water: Is this the worst company in Britain?

    September 27, 2023

    Thames Water has been ordered by Ofwat to hand back over £100m to customers after failing to meet expected standards.

  • 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.

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