Rosebank: Climate campaigners prepare legal action against oil and gas field September 27, 2023 Climate campaigners have vowed to take legal action against the government, following the approval of Rosebank this morning.
Rishi Sunak backs Rosebank oil and gas field: We don’t reach net zero by ‘wishing it’ September 27, 2023 Prime Minister Rishi Sunak has backed the approval of Rosebank, the UK's largest undeveloped oil and gas field in the North Sea.
North Sea oil and gas industry ripe for M&A activity but constrained by lack of cash September 27, 2023 The North Sea is ripe for takeovers with multiple oil and gas assets up for grabs, but the lack of finances means few players will benefit.
UK signs pact on hydrogen development with Germany September 27, 2023 The UK has partnered with Germany to advance hydrogen development in a bid to boost international trade, jobs and investment. Energy efficiency and green finance minister Lord Martin Callanan visited the European country to sign the agreement with Germany’s state energy secretary Philip Nimmermann. At the UK embassy in Berlin, the two nations agreed to [...]
Drax suffers share price scare after shorting schemes unveiled September 26, 2023 Drax's share price has endured a wild journey on the London Stock Exchange today, with backers seemingly spooked.
Yu Group boss: Big Six energy rivals ‘should be worried’ by challenger’s bumper results September 26, 2023 The boss of fast-growing challenger supplier Yu Group believes the Big Six "should be worried" by his company's success.
IEA: Clean energy spend must increase 250 per cent to £3.7 trillion per year to meet net zero September 26, 2023 Clean energy spending must reach £3.7 trillion per year in the 2030s for the world to reach net zero, the International Energy Agency says.
Solar energy boss considers rival markets after UK climbdown over green pledges September 26, 2023 The government has sent the "wrong signal" to British businesses with their rollback of green energy pledges, warned Naked Energy.
Winter gas price rally unlikely despite recent steady climb, experts say September 25, 2023 Gas prices are still expected to stabilise heading into winter despite a recent rise in spot prices on European benchmarks.
Oil prices hold firm as Russia puts more pressure on supplies September 25, 2023 Oil markets have stabilised in this morning's trading, with consolidating historic price gains on both major benchmarks.