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Energy

  • UK and EU at risk of losing green energy projects to US unless investment matched, renewable firms warn

    January 18, 2023

    The UK and European Union are at risk of losing green energy projects to the US - if they fail to match its new investment environment.

  • Uncertainty around China’s reopening weighs on Rio Tinto’s expectations

    January 17, 2023

    China's reopening from pandemic restrictions risks labour and supply-chain shortages, warned Anglo-Australian miner Rio Tinto.

  • National Grid pays wind farm operators £82m to turn off fans amid calls to ramp up battery plans

    January 17, 2023

    National Grid forked out £82m to operators of wind farms last month to constrain supplies and reduce output amid blustery conditions.

  • Fresh vote of confidence in North Sea oil and gas industry with bumper licensing round

    January 17, 2023

    Over one hundred bids have been made for new projects in the North Sea, in a huge vote of confidence for the embattled industry.

  • Gas prices deflate to 16-month low with more supplies shipped to Europe

    January 17, 2023

    Natural gas prices dropped to a 16-month low yesterday - with full stockpiles in China forcing buyers to send more supplies to Europe.

  • Energy storage: UK puts faith in tech to harness the renewable revolution

    January 17, 2023

    The UK is turning to technology to meet its energy needs as renewables' role in the domestic energy mix continues to grow.

  • Feeling Moody: Ratings agency downgrades outlook for UK’s troubled water companies

    January 16, 2023

    Moody's has downgraded its investment outlook towards the UK's embattled water industry from stable to negative.

  • Sika offloads assets to Sir Jim Ratcliffe’s INEOS to pave way for MBCC deal

    January 16, 2023

    Sika has agreed to sell part of its admixture business to UK-based INEOS, the construction chemicals maker confirmed today,.

  • European Commission wants first joint purchases of gas by summer

    January 16, 2023

    The European Commission aims for EU countries to start jointly buying gas "well before summer" to prevent a supply crunch next winter.

  • ITM Power’s shares plummet 14 per cent after hydrogen specialist makes third profit warning in eight months

    January 16, 2023

    Shares in ITM Power nosedived 13.5 per cent on the London Stock Exchange this morning, after a third profit warning in eight months.

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