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Energy

  • Japan to release Fukushima water into ocean despite China backlash

    August 22, 2023

    Japan announced today it will start releasing into the sea more than one million metric tons of treated radioactive water from Fukushima.

  • Woodside Energy posts huge profits amid looming threat of strikes

    August 22, 2023

    Woodside Energy has posted record half-year net profits of $1.7bn, fuelled by high production levels from the oil and gas assets it snapped off BHP.

  • Policy must catch up with investment demand, says Wood Group boss

    August 22, 2023

    Wood Group has raised its trading expectations in its half-year update to investors, predicting higher pre-tax profits.

  • Ripple Energy unveils record £20m-plus fundraiser for new solar farm

    August 22, 2023

    Ripple Energy has raised over £20m for its new solar farm, the largest amount generated by a co-op for a single green energy project.

  • Retailers urge UK to issue food security plan after last ammonia plant shutters 

    August 22, 2023

    The government must come up with a long-term strategy to protect food supplies after the closure of the the UK's last remaining ammonia plant.

  • Ofgem demands Ovo Energy tackles unresolved customer complaints

    August 21, 2023

    Ofgem has ordered one of the UK's largest energy firms to improve its customer service after 'serious' concerns were raised.

  • Gas prices spike as Australian LNG workers vote for strike action

    August 21, 2023

    Gas prices have risen across the continent this morning after labour unions in Australia announced plans to strike in less than two weeks/

  • Gold prices slump ahead of Federal Reserve’s Jackson Hole symposium

    August 21, 2023

    Gold prices have failed to revive in this morning's trading, with investors awaiting the mood music from a key central bank summit later this week.

  • Ofgem cannot fix the energy market unless ministers scrap the price cap

    August 21, 2023

    Ofgem will struggle to fix the crisis-hit energy market unless the price cap is reformed, or even scrapped.

  • Polymetal hopes for Russian asset sale within six months

    August 21, 2023

    Polymetal plans to sell its Russian business within six months, with mining groups from the country and Chinese investors among the potential suitors.

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