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Energy

  • Yu Group shares soar after energy supplier confirms bumper bookings

    May 31, 2023

    Yu Group shares are up 26 per cent on the London Stock Exchange in today's trading, after confirming bumper bookings this year.

  • Labour: Just Stop Oil backer Dale Vince ‘perfectly legitimate’ party donor

    May 31, 2023

    British businessman Dale Vince is a “perfectly legitimate person” to take money from despite his donations to Just Stop Oil.

  • Drax share price slides as Ofgem launches probe into renewable reporting rules

    May 31, 2023

    Ofgem has launched an investigation into whether Drax has broken reporting rules around its flagship renewable payments programme.

  • Rosneft’s quarterly profits rise to $4bn as Russian state energy giant hikes output

    May 31, 2023

    The first-quarter profit of Russia's largest oil producer Rosneft rose by 45.5 per cent from the previous three months to $4bn.

  • Just Stop Oil offer nothing in the debate over our energy future

    May 31, 2023

    The UK’s energy future and, environmental goals are debates of real consequence, and Just Stop Oil should no longer featured in it.

  • North Sea oil and gas projects essential to UK’s energy future, warn academics

    May 31, 2023

    Halting future investment in North Sea oil and gas projects jeopardises the UK's supply security and net zero ambitions.

  • Drax under fire over US wood pellet plant breaking air pollution rules

    May 30, 2023

    Drax insists it takes environmental responsibilities "very seriously" after a watchdog uncovered it had been breaching pollution laws.

  • Rooftop solar installations will rise to record 1.47m as Brits try to beat high energy costs

    May 30, 2023

    More residential and small-scale commercial rooftop solar power installations are expected to be made this year than ever before.

  • Investment in solar power set to outshine oil for first time

    May 25, 2023

    The IEA announced that investment in solar power will this year exceed that of oil for the first time ever amid the global push towards renewables.

  • UK committed to new oil and gas licences – but “would never” back plans which fail net zero

    May 25, 2023

    The government is committed to granting new UK oil and gas licences but “would never” approve anything incompatible with net zero.

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