North Sea industry push for windfall tax price floor in bid to boost bank lending April 18, 2023 North Sea oil and gas producers are pushing the government to introduce a price floor in the windfall tax so that banks will offer better loans.
Low-cost energy generation may no longer be winning factor for renewable auctions under government overhaul April 18, 2023 Applications for renewable projects could soon be assessed on their contributions to the wider green industry, rather than just prices.
Exxon Mobil challenged by investors over climate goals ahead of AGM April 17, 2023 LGIM and CBIS have co-filed a shareholder resolution, calling on Exxon Mobil to provide more climate disclosures.
John Wood Group confirms talks with Apollo as it extends deadline for takeover bid April 17, 2023 John Wood Group has confirmed it will hold talks with Apollo to see if a firm offer can be made on the same terms as its fifth takeover bid.
National Grid needs competition for UK to meet energy ambitions, argues energy boss April 17, 2023 National Grid’s electricity network should be opened up to competition from private companies to speed up connections for new projects.
Feeding off scrap: Steel industry must go green if it wants taxpayer support April 17, 2023 The steel sector must embrace scrap supplies if it wants to present a viable green future and win over taxpayer support for more funding.
Banks reduce support for North Sea oil firms as windfall tax becomes embedded April 17, 2023 Banks are slashing their support for North Sea oil and gas firms as the windfall tax begins to impact financing deals for future projects.
John Wood Group warms to Apollo’s £1.7bn takeover offer April 16, 2023 A US private equity group is on the verge of taking over oil and gas engineering giant John Wood Group, in a £1.7bn takeover.
Investors urge Teck to engage with Glencore after rejecting $23bn takeover bid April 16, 2023 Teck Resources is facing increasing pressure from its own investors to hold talks with Glencore and abandon its own plans to split up its business.
Slow pace on nuclear putting UK energy goals at risk, argues SMR player April 14, 2023 The UK should speed up its plans to revive nuclear power to ensure it can meet its energy security goals, argued SMR specialist Newcleo.
