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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."
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.