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Energy

  • Britain and US should form energy partnership like Aukus, US senator says during UK tour

    October 13, 2023

    Duckworth said the US is in desperate need of transformers to upgrade its electricity grid, but is struggling because much of what it needs is produced in China

  • BP shares soar as energy giant hikes profit guidance

    October 12, 2023

    Shares in BP have risen robustly in today's trading, with investor sentiment improving towards the energy giant.

  • Government must send ‘clear signals’ to boost UK hydrogen investment

    October 12, 2023

    The government must send "clear signals" that the UK is ready for business, or risk failing to meet its hydrogen ambitions.

  • Oil prices slide as economic woes compete with geopolitical risks

    October 11, 2023

    Oil markets have eased in today's trading with investors awaiting further price signals following worries over geopolitical risk.

  • Gas prices pare back gains as volatility fears rattle markets

    October 11, 2023

    Gas prices have eased after yesterday's bumper rally which saw markets surge to their highest levels since June.

  • 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.

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