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Energy

  • National Grid set to profit from Hunt’s full-expensing tax relief scheme

    April 18, 2024

    The National Grid has said that it expects to report higher earnings in its full-year results on 23 May, due to new reporting methodology.

  • UK firms to invest £338bn on re-industrialisation in next three years, research shows

    April 18, 2024

    Like many advanced economies, the UK has seen a relatively rapid fall in the importance of manufacturing.

  • Boiler Replacement Scheme Over 60s UK: Apply Now for Free Funding

    April 16, 2024

    Thanks to the boiler replacement scheme over 60s, you can upgrade your home’s heating system for free. Available for low-income and vulnerable households in Scotland, Wales and England, you can claim up to £7,500 in free funding for upgrading your entire home’s heating system, to make it more efficient, reduce the cost of energy bills [...]

  • Petrofac mulls equity issuance as it battles to stay afloat

    April 12, 2024

    Oil and gas exploration company Petrofac currently remains "in discussions" with its lenders over restructuring its massive debts, suggesting options such as exchanging equity in the business.

  • National Grid reforms set to drive returns at Gresham House Energy Storage Fund and Harmony Energy

    April 12, 2024

    Revenues from battery energy storage systems have jumped between February and March.

  • Downing Renewables and Infrastructure Trust hikes dividend payouts despite value drop

    April 11, 2024

    The firm's value fell 28 per cent from £210m at the end of 2022 to £162m at the end of 2023

  • Comments from ex-chief send the Shell share price to an all-time high

    April 10, 2024

    Shell's share price hit £2,861 per share in early morning trading today.

  • Former Shell chief stokes London listing departure fears

    April 9, 2024

    Van Beurden, who left the supermajor in 2022, said that the US has more favourable attitudes towards conventional energy companies.

  • Trafigura: AI and data centre construction could lead to copper shortages

    April 9, 2024

    Trafigura's chief economist said that an additional 1m tons of copper have not been factored into a lot of supply and demand balances.

  • Trading house Vitol reports another bumper year of profit on higher gas trading volumes

    April 8, 2024

    Russell Hardy, the group's chief executive noted in a statement last month that the energy markets have become "ever more important and ever more complex."

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