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Energy

  • ‘Not a great look for UK PLC’: Sunak watering down green pledges ‘undermines’ UK investment

    September 20, 2023

    Rishi Sunak's watering down on green pledges on boilers and motor vehicles risks UK investor confidence, warned industry bosses.

  • Braverman: ‘We are not going to save the planet by bankrupting the country’

    September 20, 2023

    Home Secretary Suella Braverman has backed Prime Minister Rishi Sunak's reported decision to row back on pledged green commitments.

  • Oil prices climbs above $95 per barrel as weak US output worsens supply woes

    September 19, 2023

    Oil prices are within touching distance of the $100 milestone, after underwhelming levels of shale production in the US.

  • BP names Kate Thomson as interim CFO in post-Looney reshuffle

    September 19, 2023

    BP has appointed Kate Thomson as interim chief financial officer to take the place of Murray Auchincloss who became interim CEO last week.

  • Good Energy boss slams price cap as a ‘terrible public policy failure’

    September 19, 2023

    The price cap has been a "terrible public policy failure" which has driven up bills for customers, argued Good Energy Nigel Pocklington.

  • Renewables boss: People don’t realise ‘control’ China has over UK’s net zero push

    September 19, 2023

    The UK is a decade away from cutting its dependence on China to meet its renewables ambitions, warned the boss of a leading clean energy firm.

  • Drax’s share price shows signs of recovery as biomass audit looms

    September 18, 2023

    Drax's share price has recovered from last week when the National Audit Office confirmed it will assess the government's biomass strategy.

  • Harbour Energy’s embrace of carbon capture reflects shift in North Sea industry aims

    September 18, 2023

    Harbour has embraced CCS while staying away from oil and gas - reflecting the mood music across the North Sea.

  • Oil prices continue rally amid OPEC cuts with $100 per barrel in sight

    September 18, 2023

    Oil markets have consolidated last week's hefty gains, with growing expectations of a widening supply deficit this year.

  • Gas prices ease despite escalating strike action at Australian LNG plant

    September 18, 2023

    Gas prices eased this morning after full operations resumed at a LNG major production facility in Australia following outages latest week.

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