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Energy

  • Available LME copper stocks fall to the lowest since 2021

    June 22, 2023

    Copper available to the market in London Metal Exchange fell to the lowest level since October 2021, data from the exchange showed.

  • Good Energy snaps up solar panel specialist amid record installations

    June 22, 2023

    Good Energy has snapped up solar and storage business Wessex Eco Energy as it looks to harness record solar panel installations.

  • ‘Totally without merit’: Judge rejects environmental challenge against Sizewell C nuclear plant

    June 22, 2023

    The government's decision to grant development consent for the Sizewell C nuclear plant was lawful, a high court judge has ruled.

  • Oil prices rebound as the Fed commits to inflation battle

    June 22, 2023

    Oil prices are rising amid a sustained hawkish approach from the Federal Reserve raising hopes of an economic revival in the US.

  • Unleash private investment for green projects or miss net zero goals, MPs warn

    June 21, 2023

    The government must do more to unlock private investment or risk missing its decarbonisation goals, MPs have warned.

  • Nickel crisis: LME faced ‘unprecedented circumstances’, lawyer claims

    June 21, 2023

    The LME argues it was justified in closing the market and cancelling trades because $19.7bn of margin calls would have created systemic risk.

  • Gemfields unveils bumper £63.1m sales as rubies prove recession resistant

    June 21, 2023

    Gemfields has announced a hefty hike in revenues at its latest ruby auction, with buyers embracing coloured gemstones.

  • Gas prices rise in UK and Europe on surging summer demand for air conditioning

    June 21, 2023

    Soaring demand for air conditioning across Europe has contributed to the latest spike in gas price, experts suggest.

  • Rosebank: UK’s largest undeveloped oilfield set to be approved by regulators within weeks

    June 21, 2023

    The UK’s largest undeveloped fossil fuel field, is set to be approved by regulators within the next two weeks, City A.M. understands.

  • Iran supply glut could weigh down oil prices, predict experts

    June 20, 2023

    An unexpected influx of oil supplies from Iran could help further weigh down prices, amid a market downturn from China.

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