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Energy

  • Silver prices soar as investors turn to precious metal amid banking crisis

    March 20, 2023

    Silver prices climbed above $22 per ounce today as investors turned to the precious metal amid an unfolding banking crisis.

  • Oil toils: Crude prices tumble as global banking chaos triggers recession fears

    March 20, 2023

    Both major oil benchmarks have plummeted in this morning's trading, with investors spooked over the instability in the banking sector.

  • North Sea oil and gas operators warned of ‘tsunami’ of industrial unrest

    March 20, 2023

    North Sea oil and gas operators are being warned of industrial unrest after workers voted to strike over jobs, pay and conditions.

  • Ofwat clamps down on dividend payments for water suppliers who won’t clean up their act

    March 20, 2023

    Ofwat will be able to stop the payment of dividends if they risk the financial resilience of water companies.

  • LME delays reopening of Asian trading after finding bags of stones instead of nickel

    March 20, 2023

    The London Metal Exchange has postponed the resumption of nickel trading during Asian hours by a week to March 27.

  • ‘They have not done anything’: Hunt slammed for failing to back solar energy in Budget

    March 19, 2023

    The government should have prioritised boosting renewable energy such as solar power, argued the boss of a British energy supplier.

  • Rolls-Royce wins funding to develop nuclear reactor for Moon exploration

    March 17, 2023

    Rolls-Royce has received £2.9m funding from the UK Space Agency to develop a nuclear reactor for a Moon base.

  • Ofgem smacks supplier with £2.1m mega-fine for overcharging customers

    March 17, 2023

    Ofgem has slapped United Gas & Power with a hefty £2.1m fine after determining it had breached its licence conditions.

  • EU announces plans to lead green industrial revolution

    March 16, 2023

    The European Commission presented the centrepieces of a strategy on Thursday to ensure the EU can compete with US and China.

  • UK risks losing out on green energy projects under latest government auction plans

    March 16, 2023

    The UK will miss out on vital investment in energy projects in the upcoming renewable auction this month, warned Renewable UK.

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