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Energy

  • Tory revolt over new oil boiler ban heats up as minister compares it to ‘rural ULEZ’

    August 8, 2023

    Former environment secretary George Eustice has compared the proposed bans on new oil boilers to the Ulez car ban in London.

  • Glencore appeases shareholders with more buybacks after steep drop in profits

    August 8, 2023

    Glencore suffered a sharp drop in pre-tax profits in the first six months of trading this year as the boom in oil and gas prices finally eased.

  • Siemens Energy books £3.9bn losses over wind turbine unit woes

    August 8, 2023

    Siemens Energy on Monday said problems recently unveiled at its wind turbine unit would cost it £1.9bn, well short of worst-case estimates.

  • UK urged to abolish energy price cap in bid to boost competition and lower bills

    August 8, 2023

    The energy price cap should be abolished, as it is raising bills for customers and stifling competition in the market.

  • Government will have to be ‘brave’ in the face of local opposition to meet net zero goals, former energy head warns

    August 8, 2023

    The government will have to be "brave" in the face of local opposition to its electrification plans, a former head of energy has warned.

  • Ban fossil fuel alternatives to meet green hydrogen goals, says investment boss

    August 8, 2023

    The government will need to consider banning grey hydrogen if it wants to ramp up cleaner alternatives, the boss of a leading hydrogen fund has said.

  • Aussie buyer of Britishvolt fails to pay up, administrators say

    August 8, 2023

    The Australian company which was supposedly meant to buy failed battery start-up Britishvolt has missed the deadline.

  • Water firms face London Stock Exchange shorting from Canadian pension giant

    August 7, 2023

    Water companies on the London Stock Exchange are being shorted by one of the world's largest pension schemes, according to the FCA.

  • Just Stop Oil’s demands are ‘contemptible’, says Starmer

    August 7, 2023

    Just Stop Oil's demands to "turn off the taps in the North Sea" are "contemptible," said Labour leader Sir Keir Starmer.

  • Ignore the protests, the Conservatives are the true Just Stop Oil party

    August 7, 2023

    Ignore the protests, no one has done more to ‘Just Stop Oil’ than the Conservatives, who have actually been in power for the past 13 years.

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