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Energy

  • MPs urge government to protect North Sea wind farms from Russian sabotage

    April 28, 2023

    The government must protect renewable energy assets in the North Sea such as wind turbines from Russian sabotage, MPs have warned.

  • BP staves off activist rebellion as embattled chairman keeps his seat

    April 27, 2023

    BP has convinced shareholders to back its climate agenda, fighting off pressure from activist investors at its AGM today.

  • OPEC chief warns IEA not to undermine oil investment as war of words escalates

    April 27, 2023

    OPEC's war of words with the International Energy Agency entered another heated chapter today amid concerns over oil demand.

  • Gold miner Newmont’s quarterly profit beats estimates on higher prices

    April 27, 2023

    Newmont beat Wall Street expectations for first-quarter profit on Thursday, benefitting from higher prices of the yellow metal.

  • Total sells Canadian oil sands operation to Suncor Energy in £3.3bn deal

    April 27, 2023

    Energy major Total Energies has accepted an offer to sell its carbon-heavy Canadian oil sands operations to Suncor Energy for £3.3bn.

  • Fund crackdown or farmers will continue to pollute UK rivers, think tank warns government

    April 27, 2023

    The government needs to provide regulators with the funds to stamp out farms polluting British rivers with slurry leaks.

  • Teck Resources withdraws plan to split as Glencore circles miner

    April 27, 2023

    Teck Resources has withdrawn its plan to split in two, a surprise development just ahead of a key shareholder vote.

  • BP gears up for AGM where energy giant will face wrath of pension funds

    April 26, 2023

    BP has defended its decision not to permit shareholders to vote on its watered down climate targets ahead of a crunch AGM tomorrow.

  • Scottish Power owner Iberdrola posts £1.32bn profit powered by renewables

    April 26, 2023

    Scottish Power's parent company Iberdrola has posted robust first quarter profit of £1.32bn, a 40 per cent hike on the £940m earnings it posted for the same three months last year.

  • Shapps: We ‘want and need’ oil and gas sector to reach net zero and protect UK’s energy security

    April 25, 2023

    The UK "wants and needs" the oil and gas sector to help reach net zero and protect the UK's energy security, Grant Shapps told MPs today.

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