Why we bought a decommissioned nuclear power station Opinion Seventy years since a Brit first split the atom, it’s time to re-energise our nuclear industry and reclaim leadership in the technology of the future, says Lord Grade Down an unassuming country lane in Gloucestershire, out of the market town of Berkeley and toward the Severn Estuary, lies the site where Britain’s next nuclear power [...]
Labour’s North Sea windfall tax plans branded a ‘blunt response’ that will hammer businesses across the UK Energy The government’s plans for North Sea oil and gas are a “blunt response” that could jeopardise hundreds of thousands of jobs not just in the energy sector, several of the industry’s leading figures have warned. In an open letter to the Treasury, over 40 companies with operations in the North Sea voiced their “grave concern” [...]
Riverstone Energy share buyback programme marches on after £158m spending spree Investing Riverstone Energy’s underlying assets per share ticked up seven per cent over the last six months, as the company continued an aggressive share repurchase programme. Riverstone’s monster share buyback programme has helped the energy-focused investment trust outperform its peer group over the past one and three years. The trust’s share price has returned 42.2 per [...]
The state is bad at picking winners. GB Energy will prove that August 19, 2024 GB Energy is likely to prove to be another example of how the state can't pick winners, writes Eliot Wilson.
Rio Tinto profit edges higher as miner eyes copper takeover July 31, 2024 Rio Tinto's profit edged up 1.8 per cent during the first half of the year, as the miner has begun to eye a takeover in the copper space.
BP: Oil giant lifts dividend as it beats expectations in second quarter July 30, 2024 Oil giant BP reported a stronger-than-expected net profit for the second quarter and raised its divided despite earlier warnings of lower refining margins.
The Debate: Should B Corps cut ties with fossil fuel companies? July 25, 2024 City A.M.’s weekly feature takes the fiercest water-cooler debates and pits two candidates head to head before delivering The Judge’s ultimate verdict. The Debate: Should B Corps cut ties with fossil fuel companies? Is it delusional to pretend that fossil fuel companies meet the B Corp standards, or is it unrealistic to shun companies like [...]
GB Energy is more rooted in ‘big state’ ideology than climate ambition July 23, 2024 Conservatives need to hold Labour accountable for wasting taxpayers’ money and crowding out private finance through GB Energy, writes Sam Hall
AFC Energy: Hydrogen firm hopes deal with German manufacturer can spark recovery July 22, 2024 Hydrogen power firm AFC Energy has inked a landmark supply deal with a german manufacturer that investors will hope will jolt the firm back into life after three years of stark decline.
Ceres: Green hydrogen specialist raises forecast after inking bumper supply deal July 22, 2024 Green hydrogen and fuel cell specialist Ceres Power has raised its revenue guidance for the year after signing a bumper manufacturing contract with an Asian original equipment manufacturer.