Energy firms split as Ofgem boss calls for price cap rethink August 15, 2023 Energy bosses are split over the role of the price cap in the UK's retail market, with a seeming rift between challengers and the Big Six.
All eyes on former hydrogen darling ITM Power’s results amid turbulence for green tech players August 15, 2023 ITM Power will finally unveil its results on Thursday this week, with the troubled hydrogen specialist delaying the announcement this summer.
Ofgem: “Broad and crude” energy price cap needs looking at August 15, 2023 Ofgem boss Jonathan Brearley has urged ministers to reconsider whether the "very broad and crude" price cap is still fit for purpose.
Rio Tinto suffers from China’s sluggish revival despite inching closer to mega mine project in Guinea August 15, 2023 Investor sentiment towards multinational miner Rio Tinto has not improved in this week's early trading on the London Stock Exchange.
Solar body urges government to expand boiler scheme and mandate new panels after record installations August 14, 2023 The government should expand the upgrade scheme for boilers with higher grants and mandate solar panels in new homes, says industry body MCS.
Oil price rally unlikely to hit $100 per barrel milestone this year, experts say August 14, 2023 Oil prices are unlikely to hit $100 per barrel this year despite a seven-week rebound and tightening supplies this year, experts predict.
Gold tumbles as investor hopes of avoiding a global recession rise August 14, 2023 Gold prices have weakened in the face of a strong US dollar, with investor sentiment shifting away from the precious metal.
Net zero hopes are a fantasy without serious grid reform August 14, 2023 The government’s attempts to revive the UK’s North Sea oil and gas industry have fuelled debate across Westminster - but grid reform is key.
Victorians not to blame for present water woes, report reveals August 14, 2023 Government and industry claims that the UK's problems with sewage leaks are caused by ageing infrastructure have been challenged.
Oil records seven weeks of gains despite IEA and OPEC’s differing demand outlooks August 13, 2023 Oil begins trading on Monday after recording seven consecutive weekly gains amid growing expectations of tightening supplies.