Government calls for investigation as Lindsey refinery owner folds Energy The government has called for an urgent investigation after the group behind one of Britain’s largest oil refineries collapsed into administration, putting hundreds of jobs at risk. State Oil – the parent company of Prax Group, which owns the Lindsey refinery in North Lincolnshire – appointed administrators on Monday. A separate winding-up order has also [...]
Xlinks’ sub-sea high-wire act Energy The story of a Moroccan wind and solar farm the size of Greater London providing energy for a country thousands of miles away would ordinarily be the preserve of sci-fi books. But Xlinks founder Simon Morrish tells Ali Lyon that the only thing stopping it from becoming a reality is the UK’s snail-paced state. Simon Morrish is [...]
Shell and Total Energies reportedly mull stake in Middle East LNG super-project Energy UK oil and gas supermajor Shell is reportedly considering buying a stake in the Abu Dhabi National Oil Company's (ADNOC) liquefied natural gas (LNG) export project in the United Arab Emirates (UAE).
Big Oil commits to Big Returns for shareholders as profits keep flowing February 10, 2024 In an era when big oil needs to keep investors happy - how far can buybacks go?