Nextenergy Solar sells assets as it tries to deliver ‘optimal returns’ November 22, 2023 Nextenergy Solar Fund has swung heavily into the red for the first half of fiscal 2024 as it looks to recycle assets. For the six-month period ending September 30th, the company recorded a loss before tax of £11.6m with a loss per ordinary share of 2p. This represented a marked decline from the £77.1m profit [...]
Rio Tinto agrees on £22m SEC fraud fine after six-year legal battle November 22, 2023 Rio Tinto has reached a $28m (£22m) settlement agreement with the Securities and Exchange Commission (SEC) after a six-year legal battle over purported executive fraud.
Severn Trent’s profit falls amid ‘largest ever’ investment in its services November 22, 2023 Severn Trent's profit falls amid 'largest ever' investment in its services
The massive cost of decommissioning the UK’s oil and gas fields November 22, 2023 Decommissioning costs for the North Sea oil and gas fields could overtake UK capital expenditure within the next 16 years, according to a new report from the sector’s largest trade group. Offshore Energies UK’s (OEUK) 2023 Decommissioning Insight Report, published today, estimates that the process will account for one quarter of the UK’s total oil [...]
Cocoa prices hit 45-year high ahead of Christmas November 21, 2023 Global cocoa prices are continuing to hold at their highest level for 45 years adding to fears of an impending chocolate crisis.
Copper nudges higher on expectation that China demand will finally return November 20, 2023 Copper prices have started to gradually nudge higher on the expectation that demand from China will pick up in the future.
Less is more, but not for Glencore November 20, 2023 Glencore's near-$7bn acquisition of Canadian miner Teck Resources stands at odds with its green energy goals... or does it?
Less is more, but not for Glencore November 20, 2023 For Glencore, ‘no’ wasn’t an option in its pursuit of Teck’s coal operations. But how will this acquisition look in a world seeking a greener future?
‘Last call’ — Stonegate pubs founder to step down November 17, 2023 Payne, a 50-year stalwart of the on-trade sector, started out his career working through the ranks at the likes of Guinness and Bass taverns in the 1970.
Octopus Energy ‘further deepens’ relationship with Tokyo Gas after £3bn investment November 17, 2023 Octopus Energy has today unveiled a £3bn fund dedicated to developing offshore wind assets through its generation arm.
