Oil prices continue rally amid OPEC cuts with $100 per barrel in sight September 18, 2023 Oil markets have consolidated last week's hefty gains, with growing expectations of a widening supply deficit this year.
Gas prices ease despite escalating strike action at Australian LNG plant September 18, 2023 Gas prices eased this morning after full operations resumed at a LNG major production facility in Australia following outages latest week.
Downing Renewables weighs up more share buybacks as market cap plummets September 18, 2023 DORE has suffered a sharp drop in the overall value of its assets this year, reflecting increasingly challenging economic conditions.
Tata: 3,000 jobs at risk despite government pumping £500m into UK’s biggest steelworks September 15, 2023 The Government is to pump up to £500 million into Britain’s biggest steelworks as part of plans to produce “greener” steel which could also hit thousands of jobs, sources have said. Tata, the Indian conglomerate that owns the Port Talbot steelworks in South Wales, will use the funding to help switch the plant’s two coal-fired [...]
Thames Water could soon be heating London homes… with sewage September 13, 2023 Thames Water is exploring how Londoners’ homes could soon be kept warm by heat generated from sewage, City Hall has been told.
Forced prepayment meter installation ban extended September 13, 2023 Energy suppliers have been banned from forcibly installing prepayment meters for people over 75 and in homes with children aged under two.
Another fine mess: Thames Water leaves large parts of London with low water pressure — or no water at all September 13, 2023 Thousands of West London homes have been left without water, or with low water pressure, Thames Water has admitted this morning.
Global fossil fuel demand to peak ‘in the coming years’, IEA says September 12, 2023 Global demand for fossil fuels is "set to hit a peak in the coming years" and gradually decline thereafter as the world pivots towards renewable energy sources, the head of the International Energy Agency said today.
BP boss Bernard Looney resigns over past relationships with colleagues September 12, 2023 The chief executive of BP has resigned after admitting to misleading his board over historic relationships with colleagues
City regulators urged to review Hong Kong’s ties to the London Metal Exchange September 11, 2023 City regulators must scrutinise the Hong Kong government's ties to the London Metal Exchange following China’s breaches of human rights and diplomatic agreements with the UK, a human rights group has demanded.