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Energy

  • Diamonds aren’t forever – Anglo American mulling impairment charge over struggling De Beers

    February 8, 2024

    De Beers couldn't turn a profit through the second half of last year (Photo by Alexander NEMENOV / AFP) (Photo credit should read ALEXANDER NEMENOV/AFP/Getty Images)

  • Oil giant BP names first female CFO ahead of 2023 results

    February 2, 2024

    Since September last year, Kate Thomson served as interim chief financial officer when the previous incumbent-now chief executive Murray Auchincloss stepped up to the interim leader position.

  • Ofgem to investigate claims of wind farms overcharging billpayers millions

    February 2, 2024

    Energy regulator Ofgem is investigating the claims that wind farms may have incorrectly added close to £51m to taxpayer bills since 2018.

  • Brexit checks: What’s actually changing at the border?

    January 31, 2024

    The post Brexit changes are the most consequential since the UK exited the EU single market in 2020. Here’s everything you need to know.

  • France and Asia to drive nuclear power to new heights by 2030 as UK roadmap falls flat

    January 24, 2024

    Nuclear development in the UK faces an uphill battle as Sizewell C and Hinkley Point C remain mired in delays.

  • Energy security is a must, but UK’s absurd oil and gas bill won’t help

    January 24, 2024

    The oil and gas bill is a misguided solution to the UK's energy woes; we must focus on renewables instead, writes Nigel Pocklington.

  • UK government greenlights second stage of controversial Drax carbon capture project

    January 16, 2024

    The decision letter, published this afternoon penned by the energy security and net zero minister Claire Coutinho, said that the government is satisfied the site can achieve 95 per cent capture efficiency and approved the site's zero rating.

  • Sizewell C: £20bn nuclear plant to begin construction after latest green light

    January 15, 2024

    Andrew Bowie, the nuclear minister will visit the site today, as he called the triggering of the DOC a “major milestone”.

  • Oil from new licences ‘would make little difference’ to UK energy security

    January 8, 2024

    Oil from new licences granted to North Sea producers and sent to UK refineries would account for less than one per cent of the fuels used here in 2030, analysis has found.

  • Wind industry facing turbulence in US and Europe as China emerges as low-cost competitor

    December 22, 2023

    Margins in Europe and the US have been squeezed amid low demand, supply chain disruptions and construction delays, but prices in China have fallen dramatically.

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