Glencore’s shares slide as 197 claimants for legal action revealed August 31, 2023 Shares in commodity giant Glencore have dropped over four per cent in early trading this morning amid its bitter legal battle in London.
Orsted plunges 20 per cent on risk of £1.84bn US impairments amid offshore wind project woes August 30, 2023 Denmark's Orsted, the world's largest offshore wind farm developer, has revealed it may see a £1.84bn cost for US impairments.
Exclusive: Greenpeace to target Rugby World Cup fan zones August 30, 2023 Greenpeace is planning to target next month’s Rugby World Cup as the campaigning group ramps up protests against “greenwashing” by oil companies. The organisation told City A.M. it would make its presence felt at the tournament’s official fan zones and outside stadia in France, where the action begins next week. It follows a summer of [...]
EU spent £4.5bn buying HALF of Russia’s LNG supplies… despite pledge to wean West off Kremlin August 30, 2023 European Union countries spent over £4.5bn buying over half of all Russia's LNG supplies during the first seven months of this year.
Government scraps hydrogen levy saving households £120 per year August 30, 2023 The government has ditched the controversial 'hydrogen levy' following pushback from the energy sector and backbench MPs.
Oil prices unfazed by Gabon coup as sluggish China growth halts rallies August 30, 2023 Political unrest in Gabon risks further tightening oil markets, threatening a supply crunch amid swingeing OPEC production cuts.
Kwarteng offered advisory role at Aussie giant Fortescue Metals August 30, 2023 Kwasi Kwarteng has reportedly been offered an advisory role at Aussie commodities giant Fortescue Metals Group.
MPs slam China’s role in new offshore wind farm that could power over one million homes August 30, 2023 Conservative MPs have criticised the role of a Chinese investment group in a new offshore wind farm that could power over a million homes.
Government bill for Sizewell C nuclear power plant passes £1bn mark August 29, 2023 Government spending on the proposed nuclear power plant Sizewell C crossed the billion pound threshold today after the government committed more funds to the project.
Gas prices spike as strikes loom at Chevron’s Australian LNG plants August 29, 2023 Gas prices surged this morning across Europe after workers at two major LNG sites operated by Chevron confirmed strike plans.