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.
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.
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.
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.
UK grid connections branded ‘greatest obstacle’ to net zero following landmark review August 7, 2023 Grid connection wait times are a "national scandal" and the "greatest obstacle" on the path to net zero, renewable energy bosses warn.