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.
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.
Yu Group boss: Big Six energy rivals ‘should be worried’ by challenger’s bumper results September 26, 2023 The boss of fast-growing challenger supplier Yu Group believes the Big Six "should be worried" by his company's success.
IEA: Clean energy spend must increase 250 per cent to £3.7 trillion per year to meet net zero September 26, 2023 Clean energy spending must reach £3.7 trillion per year in the 2030s for the world to reach net zero, the International Energy Agency says.