Finncap tops broker rankings amid intense market competition May 3, 2022 Mid-market advisory firm Finn Cap remains the top broker in the Broker AIM Client Rankings, despite losing nine customers.
Hungary and Slovakia could be spared from Russian oil import ban amid EU divisions May 2, 2022 The European Commission could spare Hungary and Slovakia from an upcoming embargo on buying Russian oil.
Government weighs up extending life of Hinkley Point B as energy crisis deepens May 2, 2022 Business Secretary Kwasi Kwarteng is open to extending the life of nuclear power plant Hinkley Point B amid increasing focus on energy security.
Oil prices tumble as China lockdowns cut into demand expectations May 2, 2022 Oil prices have plummeted amid forecasts of weak economic growth in China, which has lowered demand expectations.
Kremlin to net $180bn tax windfall from energy price surge May 2, 2022 The Kremlin is set to receive a tax windfall from its brutal invasion of Ukraine sending energy prices soaring, reveals analysis released today. Revenue from oil and gas sales “will increase significantly to more than $180bn (£143bn)” this year, energy consultancy Rystad Energy estimates, a 45 per cent and 181 per cent surcharge compared to [...]
BP and Shell set to unveil massive profits and payouts amid growing calls for windfall tax May 2, 2022 Shareholders in BP and Shell are anticipating bumper payouts this week, amid mounting calls for a windfall tax.
Octopus stretches tentacles into UK offshore wind market April 29, 2022 Octopus Energy Generation (Octopus) has dipped its toes into the domestic offshore wind market for the first time, investing in a large farm off the coast of Skegness.
Clean energy start-up pursues investors for world’s longest undersea cable April 29, 2022 Plans for the world's longest undersea cable connecting that could deliver nearly a tenth of the UK's electricity have been given a fresh boost today.
ExxonMobil trebles buyback scheme after $3.4bn Russia write-down April 29, 2022 Exxon Mobil (Exxon) has revealed a hefty $3.4bn write-down following its withdrawal from Russia in its first quarter update.
Sir Jim Ratcliffe makes eleventh-hour £4bn bid for Chelsea Football Club April 29, 2022 British tycoon Sir Jim Ratcliffe has swooped in with a sensational eleventh-hour £4bn bid to buy Chelsea Football Club.
