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.
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.