National Grid partly nationalised in energy shake up April 6, 2022 The National Grid will no longer be responsible for keeping the country's electricity and gas flowing as part of a government shake-up.
Johnson Matthey secures £400m loan for UK hydrogen push April 6, 2022 Johnson Matthey (JM) have been given a £400m loan from the government to boost research and development in sustainable technologies.
Hungary for gas: Orban ready to pay in roubles April 6, 2022 Hungary is prepared to pay in roubles for Russian gas, confirmed Prime Minister Viktor Orban, despite the West's opposition to the move.
EU plans to seize Russian energy revenues as conflict escalates in Ukraine April 6, 2022 The European Union (EU) is planning to seize a portion of Russian energy revenues to pay for the future rebuilding of Ukraine.
Battery giant Gresham House Energy Storage Fund records soaring revenue of 170 per cent April 6, 2022 Battery storage giant Gresham House Energy Storage has recorded soaring revenue of 170 per cent for 2021, with £80.4m of profit. Publishing its third annual set of results since listing on the London Stock Exchange, it announced EBITDA (earnings before interest, taxes, depreciation, and amortiSation) of more than £42m, up 172 per cent. This comes [...]
LGIM calls for more mining sector funding to meet net zero goals April 5, 2022 Funding for the mining industry will have to be ramped up to ensure the successful decarbonisation of global economies, warned LGIM.
Russia’s rouble demands slammed by steel baron Vladimir Lisin April 5, 2022 Russia's plans to demand roubles for exports will undermine the country's position on global markets, argued steel baron Vladimir Lisin.
Government paves way to end fracking moratorium with new survey April 5, 2022 The government has announced a survey into fracking ahead of the unveiling of its long-awaited energy strategy.
Zinc prices rally amid reduced output and soaring energy prices April 5, 2022 Zinc prices have skyrocketed again amid fears of reduced output in already tight markets, rising to $4,470 per tonne.
Repsol and Ørsted team up to explore Spanish offshore wind developments April 5, 2022 Energy firms Repsol and Ørsted have joined forces to develop Spanish offshore wind, with the market closing in on commercialisation.