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Energy

  • Shapps: UK will still meet ‘net zero’ targets despite oil and gas licences

    August 2, 2023

    Energy security secretary Grant Shapps has insisted the UK will “still meet our net zero targets” despite new oil and gas licences.

  • Shapps to meet energy chiefs over government’s green energy goals

    August 2, 2023

    Grant Shapps will encourage energy chief to outline their plans to bolster the country's supply security today.

  • BP is giving back to its shareholders – but is it giving back to the UK?

    August 1, 2023

    Energy giant BP ensured its first priority was its shareholders today, sustaining buybacks for investors even as profits started to slide.

  • Gold demand propped up by record central bank buying

    August 1, 2023

    Gold demand has been bolstered record buying from central banks over the first six months of trading this year.

  • Green investor Andrew Forrest threatens to quit UK after Sunak pledges new oil and gas

    August 1, 2023

    A major green technology investor has threatened to take his money out of the UK, after the government announced fresh oil and gas licensing.

  • BP suffers second-quarter downturn but profit still tops £2bn

    August 1, 2023

    Weaker refining margins and falling oil and gas prices has weighed down BP's profits in the second quarter of 2023.

  • Trade bodies back government’s embrace of North Sea oil and gas industry

    August 1, 2023

    Trade bodies across the energy industry has welcomed the government's decision to support the North Sea's oil and gas sector.

  • Government confirms new taskforce to ramp up nuclear skills

    August 1, 2023

    The government has announced a new taskforce geared towards boosting skilled workers in the defence and civil nuclear sectors.

  • Glencore snaps up Pan American’s stake in Argentine copper project in $475m deal

    July 31, 2023

    Pan American Silver Corp will sell a 56 per cent stake in a copper project in Argentina for $475m to Swiss commodities giant Glencore.

  • Labour slams Rishi Sunak’s plans to boost North Sea oil and gas

    July 31, 2023

    Rishi Sunak's energy policies are "weak and confused" and will "not take a penny off bills", said shadow climate secretary Ed Miliband.

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