Trinity Exploration and Touchstone Exploration set to merge in all-share deal May 1, 2024 In joint statements issued this morning, Touchstone said it would acquire the entire issued and to be issued ordinary share capital of Trinity in a deal with £24.1m.
Petrofac shareholders could be set for wipeout as company considers debt swap April 29, 2024 Petrofac said this morning it would delay its full year 2023 results, which it now expects to publish by 31 May 2024.
Gresham House Energy Storage Fund pins hope on future growth as earnings crumble April 29, 2024 Gresham House Energy Storage built its portfolio from 598 megawatt hours (MWh) at the end of 2022 to 788MWh at the end of 2023. It has planned further growth in 2024.
Rolls-Royce cuts down plans to build UK nuclear factories amid delays April 28, 2024 Rolls-Royce has reportedly scaled down its plans to build new mini nuclear reactors in the UK, following delays to a government design competition.
Activist Elliott said to build £800m stake in Anglo American after company rejects BHP’s ‘opportunistic’ bid April 26, 2024 Mining giant Anglo American has rejected BHP Group's £31.1bn proposal after concluding the plan would undervalue its future prospects.
Mytilineos eyes potential dual listing in London April 25, 2024 Greek energy giant Mytilineos has said it is eyeing a potential secondary listing in London before the end of next year.
Drax trading on track for the year as it awaits Westminster’s carbon capture sign-off April 25, 2024 Drax awaits the green light from the government on a bridging mechanism for its carbon capture project
CBI boss: Britain ‘can’t rest on laurels’ in growth industries like life sciences and net zero April 25, 2024 The UK “can’t rest on our laurels” in high-growth industries like life sciences and net zero, the boss of Confederation of British Industry (CBI) is to say.
Is Ithaca Energy’s £754m buy of Eni’s North Sea oil and gas assets a good deal? April 24, 2024 Dark clouds of political uncertainty and the green transition hang over Ithaca Energy's blockbuster £756m buy.
Fossil fuel generation of UK electricity hits all-time low April 24, 2024 Energy think tank Carbon Tracker today said that on Monday, April 15th, just 2.4 per cent of UK electricity came from fossil fuel sources.