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Energy

  • Sunak climbdown a ‘reality check’ for UK’s net zero ambitions, says energy boss

    September 21, 2023

    Rishi Sunak's rowback of green pledges was a "reality check" for net zero, the chief regulator of gas distribution company Cadent said.

  • Octopus Renewables Infrastructure Trust weighs up asset sales amid turmoil

    September 21, 2023

    Octopus Renewables Infrastructure Trust is considering offloading a number of assets to generate cash amid challenging conditions.

  • Australia tribunal pushes Chevron, LNG unions to resolve wage fight

    September 21, 2023

    Australia's industrial arbitrator on Thursday pushed Chevron and unions to resolve a long-running dispute over pay and conditions.

  • Sunak: Critics must justify asking Brits to ‘fork out thousands for early net zero transition’

    September 21, 2023

    Rishi Sunak has hit back at critics of his climbdown from green energy pledges, challenging them to explain why families should bear the costs.

  • Sunak’s green tweaks were mild – but his inconsistent net zero approach risks permanently alienating business

    September 21, 2023

    Sunak's pledged row back of green pledges are less radical than expected - but rhetoric and consistency matter just as much as sound policy.

  • Eon UK boss slams Sunak U-turn on green pledges as a ‘mis-step on many levels’ for UK investment

    September 20, 2023

    A leading energy boss has warned the government against undermining business confidence in the UK by rowing back green pledges.

  • Commodities trader Trafigura revamps senior leadership

    September 20, 2023

    Global commodities trader Trafigura has reshuffled some of its senior leadership positions, putting more weight on energy.

  • ‘Not a great look for UK PLC’: Sunak watering down green pledges ‘undermines’ UK investment

    September 20, 2023

    Rishi Sunak's watering down on green pledges on boilers and motor vehicles risks UK investor confidence, warned industry bosses.

  • Braverman: ‘We are not going to save the planet by bankrupting the country’

    September 20, 2023

    Home Secretary Suella Braverman has backed Prime Minister Rishi Sunak's reported decision to row back on pledged green commitments.

  • Oil prices climbs above $95 per barrel as weak US output worsens supply woes

    September 19, 2023

    Oil prices are within touching distance of the $100 milestone, after underwhelming levels of shale production in the US.

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