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Energy

  • Petrol forecourt owners bag £60m bonus as pump prices jack up profits

    October 9, 2023

    Senior executives at Motor Fuel Group, the UK's largest independent forecourt operator, have raked in a bumper pay packet this year on the back of record profits.

  • Green projects dominate energy investment sector, new report suggests

    October 9, 2023

    Low carbon projects will dominate investments in the global energy sector this year, a new survey suggests.

  • Labour must present clear vision for UK’s future energy agenda

    October 9, 2023

    All eyes will be on how Keir Starmer will ensure Labour's energy policy is both credible and distinct from the Tories.

  • Gold prices stabilise after nine-day losing streak as bond yields dent demand

    October 8, 2023

    Gold prices have stabilised after a nine-day losing streak which saw the precious metal slide on the spot market amid rising bond yields.

  • Sunak to clamp down on farmland solar panels in fresh planning proposals

    October 8, 2023

    Sunak will revive efforts to clamp down on solar panel installations across UK farmland, in the latest watering down of green pledges.

  • Shell forecasts higher gas trading in second quarter

    October 6, 2023

    Shell has said that trading in its gas segment will be higher over the third quarter than in the second, bouncing back from a challenging set of results in July. The energy giant also forecast that trading in its chemicals and products division would beat the second quarter. The London-listed firm’s adjusted earnings more than [...]

  • National Grid reassures shareholders over US earnings with bullish update

    October 5, 2023

    National Grid has told shareholders to expect further contributions to its earnings per share in the second half of the year.

  • Ministers accused of risking green investment for ‘short-term political gain’

    October 5, 2023

    The government’s rowing back on green pledges is putting the future of the UK’s economy at risk for the benefit of “short-term political gain."

  • Six high-street banks including Santander, Barclays, HSBC, NatWest and Lloyds given ‘red’ warning over eco policies

    October 5, 2023

    Six of the UK’s biggest high-street banks have been placed in a “red” warning category by consumer champion Which? over their fossil fuel investments and commitments to tackling climate change. JP Morgan Chase, Santander, Barclays, HSBC, NatWest Group and Lloyds Banking Group were exposed for having too weak green credentials. Just three of the UK’s [...]

  • OPEC+ opt against further oil output cuts as prices drop on demand fears

    October 5, 2023

    Oil prices have slide after OPEC+, opted against further changes to the group's hawkish output cuts this year.

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