Glencore snaps up Pan American’s stake in Argentine copper project in $475m deal July 31, 2023 Pan American Silver Corp will sell a 56 per cent stake in a copper project in Argentina for $475m to Swiss commodities giant Glencore.
Labour slams Rishi Sunak’s plans to boost North Sea oil and gas July 31, 2023 Rishi Sunak's energy policies are "weak and confused" and will "not take a penny off bills", said shadow climate secretary Ed Miliband.
Government backs carbon capture and storage to meet net zero goals and boost North Sea industry July 31, 2023 The government has announced the latest winners of its carbon capture and storage approval process.
Why the windfall tax is here to stay after today’s bombshell oil and gas announcements July 31, 2023 The government has work to do if it wants to convince the North Sea oil and gas sector over its energy plans.
Sunak bids to woo North Sea industry with hundreds of new oil and gas licences July 31, 2023 Sunak has pledged hundreds of new oil and gas licences, two new carbon capture clusters and review on the sector's tax regime
Ofgem risks losing public trust after British Gas’ profit bonanza July 31, 2023 Four years of heavy losses and instability in the energy industry were upended last week when British Gas posted record profits.
Ovo exits parent firm in founder Stephen Fitzpatrick’s latest reshuffle July 31, 2023 Big Six energy supplier Ovo has cut ties with its long-standing parent company Imagination Industries, according to its latest results.
Oil prices rally due to revived hopes of Chinese demand amid Opec cuts July 30, 2023 Oil prices have recorded five straight weeks of gains with investors seemingly convinced markets will tighten.
Prime Minister Rishi Sunak to meet energy leaders ahead of new pledges July 30, 2023 Prime Minister Rishi Sunak and energy security secretary Grant Shapps will meet industry leaders from across the energy sector.
Ofgem pledges energy supplier profit bonanza will be a ‘one off’ July 27, 2023 The mega profits unveiled by energy retailers this week are a one-off, pledges market watchdog Ofgem after a bumper week of earnings.