Teck Resources withdraws plan to split as Glencore circles miner April 27, 2023 Teck Resources has withdrawn its plan to split in two, a surprise development just ahead of a key shareholder vote.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.
Shell quits major UK carbon capture project – but venture insists its future is safe April 25, 2023 Shell has withdrawn from a key UK carbon capture and storage project, following National Grid's exit earlier this week.
Drax shuts down coal operations, so will the UK have enough energy this winter? April 25, 2023 Drax has closed the curtain on its coal operations, putting the government under more pressure to secure supplies ahead of winter.
Government under pressure over plans to tackle sewage leaks April 25, 2023 The government faces pressure over its handling of the water industry, with Labour set to force a binding vote on draft legislation.
UK and EU hope to use North Sea to fight Putin’s energy supremacy April 25, 2023 The UK has joined forces with its European allies to ramp up renewable energy generation and bolster the continent's security of supplies.
Not funding Sizewell C risks UK’s green ambitions, nuclear industry warns April 24, 2023 The nuclear industry has pushed the environmental benefits of Sizewell C amid reports the project is struggling to lure UK investors.
Household bills should reflect lower costs of renewables sooner, Ovo boss tells government April 24, 2023 Ovo Energy has urged the government to speed up plans to separate electricity prices from gas prices to drive down bills.