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Energy

  • Exxon snaps up shale giant Pioneer in $60bn mega-deal

    October 11, 2023

    Exxon agreed to buy rival Pioneer in an all-stock deal valued at $59.5bn that would make it the biggest producer in the largest US oilfield.

  • UK will struggle to meet lithium shortfalls from allies amid China dominance, minerals boss warns

    October 11, 2023

    The UK will struggle to meet its lithium needs without China, the boss of Cornish Lithium fears.

  • Solar clampdown would repeat mistakes of onshore wind ban, energy boss warns

    October 11, 2023

    The government could be about to repeat the mistakes that lead to onshore wind's demise through a clampdown on farmland solar.

  • Gas prices jump after Israeli gas field halts production

    October 10, 2023

    Gas prices have jumped to their highest level since June following the closure of one of Israel's largest fields in the Mediterranean Sea.

  • Net zero risks energy security, says OPEC, as cartel slashes oil output

    October 10, 2023

    Climate action to reach net zero undermines investment in the oil sector and jeopardises global energy security, warned OPEC.

  • LME: Hong Kong owners pledge to ‘strengthen its stewardship’ of the industry after nickel crisis

    October 9, 2023

    The LME will ramp up its oversight of the market following last year's nickel crisis, the boss of its parent company has pledged.

  • Gold prices surge as investors embrace safe haven assets following Hamas attack on Israel

    October 9, 2023

    Gold prices have rebounded heavily today from a nine-day slump, with investors drawn to safe haven assets amid concerns over geopolitical risk.

  • Gas prices soar as threat of more Aussie LNG strikes looms

    October 9, 2023

    Gas prices have surged across Europe, amid the renewed threat of further strike action across major LNG production sites in Australia.

  • Copper bosses warn of mine shortage in race to meet net zero demand

    October 9, 2023

    The transition to low carbon energy could be jeopardised by the lack of new copper mines to keep pace with growing demand.

  • Labour must present clear vision for UK’s future energy agenda

    October 9, 2023

    All eyes will be on how Keir Starmer will ensure Labour's energy policy is both credible and distinct from the Tories.

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