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      Government intervenes on foreign takeover bids for UK defence firms

      UK defence strategy meeting, officials discussing military advancements and security measures in a conference room setting

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      NBA Europe bids fall short of $500m mark for some city franchises

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Energy

  • Shell restarts LNG shipments from giant floating gas site

    April 12, 2022

    Shell has restarted shipments of liquefied natural gas (LNG) from Prelude, its massive floating plant off the coast of Western Australia.

  • Oil prices slump below $100 as IEA floods market and Shanghai lockdown cuts demand

    April 11, 2022

    Oil prices have plummeted four per cent on both major benchmarks, with prices below $100 per barrel again after last month's rallies.

  • UAE-based Lamprell secures deal to provide floating foundations for £10bn Scottish wind farm

    April 11, 2022

    UK firms have missed out on the chance to develop three 1GW offshore floating wind farms, with UAE-based Lamprell winning the bid.

  • EU pushes OPEC to boost oil output as bloc weighs up ban on Russian supplies

    April 11, 2022

    European Union (EU) officials will hold talks with OPEC representatives today in Vienna, amid growing calls for the cartel to boost supplies.

  • Japan demands companies top up LNG to stave off supply shortages

    April 11, 2022

    Japan has demanded domestic power companies top up liquefied natural gas (LNG) reserves and share energy resources.

  • PM bets big on nuclear but energy industry complains it’s too little in face of price crisis

    April 8, 2022

    The supply security strategy failed to power optimism yesterday, with the energy industry warning it offered little to ease price concerns.

  • EON chief hammers government for failing to protect households

    April 7, 2022

    The boss of EON has blasted the government's energy security strategy for failing to include plans to protect the poorest households.

  • Government slammed for failing to back onshore wind

    April 7, 2022

    Energy analysts and industry bodies have criticised the government's failure to include onshore energy targets in its supply strategy.

  • Boris Johnson: ‘Nuclear is coming home as UK will have a new reactor every year’

    April 7, 2022

    Prime Minister Boris Johnson said this morning “nuclear is coming home” as a result of the Government’s energy strategy. In a social media video to promote the plan, which is finally being released on Thursday after repeated delays and Cabinet wrangling, the Prime Minister said: “In the country that was the first to split the [...]

  • Energy strategy a ‘three, four, five year’ answer to crisis admits Business Secretary Kwasi Kwarteng

    April 7, 2022

    Kwasi Kwarteng described the energy strategy as a medium-term response which will not affect the current cost-of-living crisis.

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