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Energy

  • Shell kicks off £2.74bn share buyback as earnings beat expectations

    August 1, 2024

    Shell kicked off a new share buyback programme today as it posted better-than-expected numbers for the second quarter despite a previously announced $2bn (£1.6bn) impairment and a slide in revenues.

  • Rio Tinto profit edges higher as miner eyes copper takeover

    July 31, 2024

    Rio Tinto's profit edged up 1.8 per cent during the first half of the year, as the miner has begun to eye a takeover in the copper space.

  • BP: Oil giant lifts dividend as it beats expectations in second quarter

    July 30, 2024

    Oil giant BP reported a stronger-than-expected net profit for the second quarter and raised its divided despite earlier warnings of lower refining margins.

  • Ofgem takes steps to improve flexibility of UK’s energy market in clean power push

    July 29, 2024

    Ofgem has pushed ahead with plans to increase the flexibility of the UK's energy market as it becomes more reliant on intermittent sources of energy, like wind and solar.

  • The Debate: Should B Corps cut ties with fossil fuel companies?

    July 25, 2024

    City A.M.’s weekly feature takes the fiercest water-cooler debates and pits two candidates head to head before delivering The Judge’s ultimate verdict. The Debate: Should B Corps cut ties with fossil fuel companies? Is it delusional to pretend that fossil fuel companies meet the B Corp standards, or is it unrealistic to shun companies like [...]

  • GB Energy is more rooted in ‘big state’ ideology than climate ambition

    July 23, 2024

    Conservatives need to hold Labour accountable for wasting taxpayers’ money and crowding out private finance through GB Energy, writes Sam Hall

  • AFC Energy: Hydrogen firm hopes deal with German manufacturer can spark recovery

    July 22, 2024

    Hydrogen power firm AFC Energy has inked a landmark supply deal with a german manufacturer that investors will hope will jolt the firm back into life after three years of stark decline.

  • Ceres: Green hydrogen specialist raises forecast after inking bumper supply deal

    July 22, 2024

    Green hydrogen and fuel cell specialist Ceres Power has raised its revenue guidance for the year after signing a bumper manufacturing contract with an Asian original equipment manufacturer.

  • The Notebook: Nuclear power continues to divide, but we need to think about the future

    July 22, 2024

    Kokou Agbo Bloua, Societe Generale’s global head of economics, takes the pen to talk nuclear, climate volatility and the economic outlook.

  • SSE: Windy conditions boost company’s renewable energy output

    July 18, 2024

    Energy giant SSE has committed some £20bn to a multi-year investment plan covering a string of UK major projects.

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