Brits to face higher bills as Ofgem grapples with rising debts October 12, 2023 Households will be on the hook for Ofgem's plans to stabilise the energy sector to reduce the risk of suppliers going bust.
Oil prices slide as economic woes compete with geopolitical risks October 11, 2023 Oil markets have eased in today's trading with investors awaiting further price signals following worries over geopolitical risk.
Gas prices pare back gains as volatility fears rattle markets October 11, 2023 Gas prices have eased after yesterday's bumper rally which saw markets surge to their highest levels since June.
Exxon snaps up shale giant Pioneer in $60bn mega-deal October 11, 2023 Exxon agreed to buy rival Pioneer in an all-stock deal valued at $59.5bn that would make it the biggest producer in the largest US oilfield.
UK will struggle to meet lithium shortfalls from allies amid China dominance, minerals boss warns October 11, 2023 The UK will struggle to meet its lithium needs without China, the boss of Cornish Lithium fears.
Solar clampdown would repeat mistakes of onshore wind ban, energy boss warns October 11, 2023 The government could be about to repeat the mistakes that lead to onshore wind's demise through a clampdown on farmland solar.
Gas prices jump after Israeli gas field halts production October 10, 2023 Gas prices have jumped to their highest level since June following the closure of one of Israel's largest fields in the Mediterranean Sea.
Speedy Hire buys battery specialists GPH for £20.2m October 10, 2023 Speedy said service revenues are expected to be lower in the second half, citing the decline in the wholesale price of fuel.
Net zero risks energy security, says OPEC, as cartel slashes oil output October 10, 2023 Climate action to reach net zero undermines investment in the oil sector and jeopardises global energy security, warned OPEC.
LME: Hong Kong owners pledge to ‘strengthen its stewardship’ of the industry after nickel crisis October 9, 2023 The LME will ramp up its oversight of the market following last year's nickel crisis, the boss of its parent company has pledged.