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Energy

  • Gold holds on to heavy gains as Fed signals victory in battle against inflation

    July 14, 2023

    Gold markets have consolidated this week's price rally, following encouraging inflation data from the US.

  • Oil rises above $80 per barrel for first time since April as IEA predicts record demand

    July 13, 2023

    Oil prices are hovering above $80 per barrel for the first time since April, with the International Energy Agency predicting record demand growth.

  • UK’s second largest offshore wind farm given the green light

    July 13, 2023

    Hornsea Four, one of the UK's biggest offshore wind farms has finally been given the go-ahead by government.

  • Wood Group bids to win back investors with boosted revenues after failed Apollo deal

    July 13, 2023

    Wood Group has posted robust revenues and gross profits, as it bids to win back the approval of shareholders.

  • Thames Water: Ofwat boss refuses to apologise for water industry debt crisis

    July 13, 2023

    Ofwat’s former boss refused to apologise for allowing the water industry to rack up an eye-watering £65bn debt mountain.

  • Elon Musk poised to disrupt UK energy market with new Tesla supplier

    July 12, 2023

    The energy market could be shaken up by a bold new challenger, with Elon Musk's Tesla unveiling plans to launch a new supplier in the UK.

  • Customers will be hit with higher bills to help Thames Water, interim boss admits

    July 12, 2023

    Customers will have to foot the bill for improving Thames Water's creaking infrastructure and poor operational performance.

  • ‘Polluters must pay’: Therese Coffey announces unlimited fines for environmental damage

    July 12, 2023

    Environmental polluters face the prospect of unlimited fines penalties, the government has confirmed in its latest clampdown.

  • Consumer behaviour change essential for reaching net zero, UK’s electricity system operator warns

    July 12, 2023

    Britain will struggle to reach net zero carbon emissions over the next three decade unless consumers are prepared to change their consumption behaviour, according to the latest study from National Grid's electricity system operator (ESO).

  • Global energy demand will soar over next two decades, says OPEC

    July 11, 2023

    Global demand for all forms of energy is forecast to rise 23 per cent through 2045, according to OPEC's latest forecasts.

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