Harbour Energy confirms losses as UK windfall tax takes its toll August 24, 2023 Harbour Energy has suffered a billion dollar swing in its balance sheet, posting an $8m loss - weighed down by the UK windfall tax.
Don’t expect energy bills to return to normal this decade, warns Cornwall Insight August 23, 2023 Energy bills are unlikely to revert to normal levels by the end of the decade, Cornwall Insight has warned ahead of the latest price cap reveal.
UK offers Ukraine nuclear fuel boost through £192m deal with Urenco August 23, 2023 The government will provide a £192m loan guarantee through the UK's export credit agency to help power Ukraine's nuclear fleet.
Ofgem’s Morgan Stanley Whatsapp fine – a one-off or a sign of things to come? August 23, 2023 Troubled energy firms have been in the crosshairs of Ofgem this year, but now the regulator is targeting banks using Whats App - here's why.
Energy industry calls for clampdown on brokers as businesses brace for winter August 23, 2023 The role of brokers in the business supplier market is in urgent need of regulation to protect companies from high prices this winter, an industry body has warned.
Ithaca Energy announces fresh shareholder payout after £175m windfall tax hit August 23, 2023 Ithaca Energy has announced fresh dividend payments for shareholders in its half-year trading update, despite a hefty windfall tax hit.
Why mining stocks have rebounded despite BHP’s profit slump August 22, 2023 China's gloomy economic data has chipped away at the share prices of the world's largest miners for months. But is a recovery underway?
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.