National Gas boss warns businesses could be threatened if network scrapped October 18, 2023 The head of the UK's gas networks has urged the government not to scrap the country's pipelines in favour of electrification of the grid.
Oil markets await fresh signals ahead of Biden’s visit to Israel October 17, 2023 Oil prices have risen slightly on both major benchmarks with investors awaiting fresh signals amid sustained geopolitical uncertainty.
CMA launches probe into Worcester Bosch amid ‘greenwashing’ boiler claims October 17, 2023 It will also look at information given by Worcester Bosch about the use of hydrogen for home heating in the UK
Rio Tinto endures mixed share price reaction after steady trading update October 17, 2023 Rio Tinto posted a steady trading update this morning, with output across its mining operations in line with expectations.
Strict EV targets risk increasing reliance on China, ex-Britishvolt boss warns October 17, 2023 Europe risks depending on China to meet its needs for EVs unless it waters down its targets, one of the founders of Britishvolt has warned.
Water suppliers share prices rally as investors welcome turnaround plans October 17, 2023 Some of the UK's largest waters companies have seen a bounce in their share price, with investor sentiment improving.
Shell soars to record highs as oil and gas markets await fresh signals from Israel-Hamas war October 16, 2023 Commodity prices have steadied following last week's bumper rally, with markets awaiting further supply signals.
ITM Power to enter US market in blow to UK’s green hydrogen ambitions October 16, 2023 ITM Power has announced plans to enter the US market, enticed by the vast subsidies offered under the country's Inflation Reduction Act.
Surging gas prices expose cost crisis for consumers this winter October 16, 2023 Gas prices have soared this week, with geopolitical volatility rattling spot markets - but the real concern should be bills not supply shortages.
Oil markets rattled by fears of escalating conflict in Middle East October 15, 2023 Oil prices will begin trading tomorrow following a sharp surge in prices, with investors spooked by the prospect of protracted conflict in the Middle East.