Treasury brings in super tax to prevent energy owners cashing out February 1, 2022 The Government has subtly introduced a new "super tax" to deter energy company owners from cashing out lucrative gas contracts.
Oil prices drop below $90 as OPEC+ commit to supply boost February 1, 2022 Market rallies on both major benchmarks have stalled this amid speculation OPEC+ could further increase supply targets this week.
Rio Tinto: Workplace review reveals bullying, sexual harassment and racism February 1, 2022 Anglo-Australian miner Rio Tinto has published a damning external review of its workplace culture suggesting widespread issues at the company.
ExxonMobil cuts costs and combines businesses amid activist pressure February 1, 2022 ExxonMobil is cutting costs amid activist pressure, in a bid to boost returns and accelerate its transition to a greener future.
Fresh doubts over Nord Stream 2 pipeline as EU put approval process on hold February 1, 2022 Approval for Nord Stream 2 has been put on hold, and the European Commission will scrutinise the project's compliance with EU energy policy.
Sureserve Group secures £20m deal with Tower Hamlets Homes February 1, 2022 Sureserve Group (Sureserve) has signed a 10-year £20m agreement with Tower Hamlets Homes to provide domestic gas services for its council houses. The wholly owned subsidiary K&T Heating Services (K&T) will provide domestic gas servicing, repair and installation for properties managed by the group. The deal will commence at the start of April and is [...]
Global industrial companies ramp up R&D spending following Covid-19 shock February 1, 2022 R&D spending from industrial companies has risen since the pandemic, according to new research from Capital Economics and Accenture.
Government fights off calls for new CO2 supply deal despite industry pressure January 31, 2022 Emergency supply deals arranged last year between Downing Street and the UK’s key CO2 producer came to an end yesterday, despite industry calls for a new arrangement.
Shell: What to expect from the energy giant’s upcoming fourth-quarter results January 31, 2022 Shell is set provide investors with a key update on its massive $7bn share buyback scheme during its fourth-quarter results later this week.
Gold under pressure amid interest rate hike concerns January 31, 2022 Gold prices chalked up its biggest weekly loss last week since September, with the Federal Reserve finally set to hike interest rates.
