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.
BP names Kate Thomson as interim CFO in post-Looney reshuffle September 19, 2023 BP has appointed Kate Thomson as interim chief financial officer to take the place of Murray Auchincloss who became interim CEO last week.
Serica Energy boss still open to mergers as oil and gas industry faces ‘rocky road’ September 19, 2023 Serica Energy is still open to merger and expansion opportunities in the North Sea, confirmed the oil and gas producer's boss.
Good Energy boss slams price cap as a ‘terrible public policy failure’ September 19, 2023 The price cap has been a "terrible public policy failure" which has driven up bills for customers, argued Good Energy Nigel Pocklington.
Renewables boss: People don’t realise ‘control’ China has over UK’s net zero push September 19, 2023 The UK is a decade away from cutting its dependence on China to meet its renewables ambitions, warned the boss of a leading clean energy firm.
Sizewell C seeks outside investment as TASC granted permission to appeal September 19, 2023 Sizewell C will now welcome outside investors to register interest, despite Together Against Sizewell C (TASC) being granted permission to re-challenge the build. Housing two of the world’s “most powerful” reactors, nuclear power plant project Sizewell C, which was approved in July last year, is expected to introduce 10,000 jobs across the UK and power [...]
Drax’s share price shows signs of recovery as biomass audit looms September 18, 2023 Drax's share price has recovered from last week when the National Audit Office confirmed it will assess the government's biomass strategy.
Harbour Energy’s embrace of carbon capture reflects shift in North Sea industry aims September 18, 2023 Harbour has embraced CCS while staying away from oil and gas - reflecting the mood music across the North Sea.
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.