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Energy

  • Rising critical mineral supplies could help meet demand to fight climate change

    July 11, 2023

    Supply of minerals critical to the energy transition could move close to levels needed to support climate pledges by 2030.

  • British Gas owner Centrica seals £6.2bn US LNG mega deal – that could power five per cent of UK homes

    July 11, 2023

    British Gas owner Centrica has signed a new £6.2bn ($8bn) mega deal with Delta Midstream for 1m tonnes per annum of LNG for 15 years.

  • Oil sorted? OPEC gambles on demand revival to boost flagging prices

    July 10, 2023

    OPEC and its allies are banking on demand to rebound and prop up oil prices. If they're wrong, it's time to reassess their influence.

  • Utilities sector hits rock bottom as customer satisfaction plummets

    July 10, 2023

    Poor handling of complaints has powered a record plunge in customer satisfaction across all sectors of the UK economy.

  • Siemens Energy deepens in-house probe into turbine problems

    July 8, 2023

    Siemens Energy's board has set up a task force to establish the scope of deepening problems at its crisis-ridden wind turbine division.

  • Oil prices up three per cent to nine-week high on supply concerns

    July 8, 2023

    Oil prices climbed about three per cent to a nine-week high on Friday as supply concerns and technical buying outweighed fears that further interest rate hikes could slow economic growth and reduce demand for oil. Brent futures rose $1.95, or 2.6 per cent, to settle at $78.47 a barrel, while U.S. West Texas Intermediate crude [...]

  • Coffey: Government has full confidence in water industry’s financial resilience

    July 6, 2023

    Therese Coffey says she has “full confidence in the financial resilience” of the water industry, amid warnings Thames Water’s struggles are “not an isolated case”.

  • Brits overestimate costs of making homes greener

    July 6, 2023

    Brits vastly overestimate both the cost and time to install green upgrades in their homes, according to a new study from Barclays and Ipsos.

  • Starmer speech interrupted by climate activists calling for ‘green new deal’

    July 6, 2023

    Sir Keir Starmer’s speech on education reform was interrupted by protesters calling for a “green new deal.”

  • Oil prices weighed down amid sluggish demand from China despite Opec cuts

    July 6, 2023

    Sluggish demand recovery in the world's top crude importer China is continuing to weigh down oil prices, OPEC+ output cuts.

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