IEA: Renewable energy to ramp up by a third this year, driven by supply security fears and Chinese growth RENEWABLE ENERGY The world's renewable energy capacity will jump a third this year, revealed the International Energy Agency.
Oil prices stabilises after US debt ceiling vote as OPEC+ meeting looms OIL PRICES Oil prices have stabilised today after the passing of a key vote on the US debt ceiling revived expectations of demand growth.
LME launches consultations to restore confidence after nickel crisis NICKEL CRISIS The London Metal Exchange launched two consultations on Wednesday on possible reforms in the wake of last year's nickel crisis.
Gas prices could fall to zero predict experts as conditions ease over summer May 31, 2023 Gas prices will continue to slide this summer with day to day prices potentially dropping close to zero, argued energy experts.
Court date set for climate activists’ legal challenge over new coal mine May 31, 2023 Climate activists are set for a courtroom showdown with the government over a newly-approved coal mine in West Cumbria.
National Grid looks for supply chain partners to deliver £9bn renewable ramp up May 31, 2023 National Grid is looking for more supply chain partners to help deliver a vast ramp up in clean energy infrastructure.
Yu Group shares soar after energy supplier confirms bumper bookings May 31, 2023 Yu Group shares are up 26 per cent on the London Stock Exchange in today's trading, after confirming bumper bookings this year.
Labour: Just Stop Oil backer Dale Vince ‘perfectly legitimate’ party donor May 31, 2023 British businessman Dale Vince is a “perfectly legitimate person” to take money from despite his donations to Just Stop Oil.
Drax share price slides as Ofgem launches probe into renewable reporting rules May 31, 2023 Ofgem has launched an investigation into whether Drax has broken reporting rules around its flagship renewable payments programme.
Rosneft’s quarterly profits rise to $4bn as Russian state energy giant hikes output May 31, 2023 The first-quarter profit of Russia's largest oil producer Rosneft rose by 45.5 per cent from the previous three months to $4bn.