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Energy

  • Commodity traders still made bank last year despite calmer markets

    April 5, 2024

    Global commodity trading generated more than £79bn in earnings before taxes (EBIT) in 2023.

  • Nuclear start-up Newcleo submits first reactor design for a decade

    April 5, 2024

    Newcleo's chief said the submission marked an "important milestone" in the firm's development programme.

  • Shell expects gas production to jump in first quarter

    April 5, 2024

    Shell's Q1 2024 results are expected in early May.

  • Ofgem: Energy watchdog to consult over AI’s risk to industry collusion

    April 4, 2024

     Ofgem said it "appears to have sufficient powers to address important risks arising from the use of AI when detected."

  • “Mad, bad and dangerous”: Tories hit out at Labour energy plan

    March 31, 2024

    Energy secretary Claire Coutinho has slammed Labour's energy plans as being 'made in China'

  • Why China’s growing dominance in wind power should worry the West

    March 27, 2024

    accounted for two-thirds of the entire global build in 2023 and now boasts a 77GW portfolio

  • UK’s largest electricity transmission project to get £3.4bn in funding, Ofgem says

    March 27, 2024

    A mega project to build an electricity "superhighway" cable link between Scotland and Yorkshire is to receive £3.4bn.

  • British Gas: Centrica chief’s pay swells to more than £8m

    March 26, 2024

    The chief executive of Centrica, the owner of British Gas, saw his pay swell to more than £8m in 2023, it has been revealed.

  • AFC Energy looks to capitalise on ‘unrealised value’ as losses widen

    March 26, 2024

    AFC's chief executive said the customer pull to replace diesel generators had never been stronger

  • ‘Warning lights flashing’ as UK risks missing out on £450bn energy market

    March 26, 2024

    OEUK said that any argument for windfall taxes on oil and gas firms has disappeared with energy prices having returned to pre-Russia-Ukraine war levels.

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