HSBC pushes further into Saudi Arabia: Canary Wharf approves $10bn loan so mass polluter Saudi Aramco can expand January 27, 2022 HSBC is in line to finance a $10bn revolving credit facility to one of the world’s biggest polluters, the Saudi Arabian Oil Company, or Saudi Aramco, despite the bank’s commitment to ‘Net Zero emissions by 2050’. HSBC’s latest venture in the Middle Eastern kingdom, in partnership with Standard Chartered, is likely to draw scrutiny from [...]
Industry experts call for consumers to adapt energy habits to mitigate rising prices January 26, 2022 The habits of energy consumers need to be adapted to minimise the pain from rising household prices this year.
Rolls-Royce encourages regions to bid on manufacturing site for small modular reactors January 25, 2022 Aero-engine maker Rolls-Royce has invited bids from regions in England and Wales build its planned fleet of small modular reactors (SMRs).
Energy supplier Yü Group glitters in the gloom as shares soar on the London Stock Exchange January 25, 2022 Shares in independent energy supplier Yü Group have risen rapidly on FTSE AIM-All Share following strong results ahead of market expectations.
Sureserve Group revels in rebounding revenues following M&A spree January 25, 2022 Sureserve has rebounded strongly from challenging pandemic conditions with a 24.7 per cent boost in revenues.
Capricorn Energy production growth ‘ahead of expectations’ thanks to acquisitions January 25, 2022 Independent energy firm Capricorn Energy reported that production growth was “ahead of expectations” this morning, with acquisition driving value.
British Gas owner Centrica picks up customers from fallen firm Together Energy January 24, 2022 Centrica, owners of British Gas, has swooped in to rescue UK households from doomed supplier Together Energy, which ceased trading last week.
EDF shareholder funds put pressure on French government over energy firm plans January 24, 2022 The supervisory boards of two EDF staff shareholder funds are pushing for clarity over the French government’s plans for the energy giant.
Bulb Energy: Doomed supplier owed £254m to customers in pre-paid energy bills January 20, 2022 Bulb Energy owed £254m to customers who had paid for their electricity and gas in advance ahead of its collapse, according to the latest reports.
Household energy bills could rise twice this year warns industry boss January 20, 2022 Household energy bills are likely to rise again in October despite a predicted 50 per cent jump this spring, warns the chief executive of Energy UK.