G7 price cap restrains Russian oil revenues but Kremlin still finding buyers September 6, 2023 Price caps on Russian oil and gas have managed to drive down oil revenues and keep prices in check for consumers, experts suggest.
Sunak’s onshore wind U-turn fails to impress energy bosses September 5, 2023 Prime Minister Rishi Sunak's U-turn on onshore wind won't be enough to win over sceptical renewable developers, a top trade body has warned.
Gas prices nudge higher after Chevron workers vote to strike at Aussie LNG sites September 5, 2023 Workers at a key liquefied natural gas plant in Australia will engage in a full-scale strike for two weeks this month.
BP boss Bernard Looney pledges to stick to plans for oil and gas output cuts September 5, 2023 BP boss Bernard Looney says he will not further scale back his energy transition strategy after ceding some ground earlier this year.
Ecora upholds dividend plans even as easing commodity prices weighs down profits September 5, 2023 Ecora Resources has upheld its dividend plans, even as easing commodity prices weighed down the company's bottom line.
Sunak poised to ease onshore wind ban after Tory backbench rebellion September 5, 2023 The government is expected to ease restrictions on onshore wind farms after a Tory backbencher rebellion over renewable projects.
Enquest urges government to restore investor confidence in UK oil and gas after £60m windfall tax hit September 5, 2023 Enquest has warned the current fiscal regime is damaging confidence in the North Sea, and has called for further changes to the windfall tax.
Hydrogen specialist UHL plans £250m UK spend – but it won’t list in London September 5, 2023 The world's largest hydrogen conglomerate plans to invest £250m in the UK over the next 12 months, City A.M. has learned.
Rising star Claire Coutinho faces gruelling start in energy secretary role September 5, 2023 Claire Coutinho has taken over energy policy from Grant Shapps, and faces a highly challenging start to her new role.
Carbon capture’s reliance on dirty shipping fuels threatens its green ambitions September 4, 2023 The green credentials of the carbon capture industry have been called into question after new analysis revealed the huge amount of high-polluting fuel needed to power ships transporting captured carbon dioxide around the world.