Great British Nuclear lacks ‘overarching strategy’, warns leading advisor January 18, 2023 GBN is in need of an overarching strategy and lacks a clear role in securing the UK's energy independence, warns nuclear boss.
Harbour Energy plans job cuts in Scotland as toughened windfall tax bites January 18, 2023 The North Sea's biggest oil and gas producer is planning job cuts in response to the windfall tax - as the backlash to the levy intensifies.
Total Energies to cough up £1.7bn to pay off hiked windfall taxes January 18, 2023 French oil major TotalEnergies has confirmed it will take a £1.7bn hit in the fourth quarter from EU and British windfall taxes.
Antofagasta posts bullish outlook for 2023 as copper prices soar January 18, 2023 Antofagasta is optimistic about its prospects this year after navigating higher input costs and an ongoing drought in Chile.
Oil be damned: Global demand for oil set to hit all-time high this year as China reopens January 18, 2023 Global oil demand will reach a record high this year, and rise by nearly 2m barrels per day this year, as China eases pandemic restrictions.
UK and EU at risk of losing green energy projects to US unless investment matched, renewable firms warn January 18, 2023 The UK and European Union are at risk of losing green energy projects to the US - if they fail to match its new investment environment.
Uncertainty around China’s reopening weighs on Rio Tinto’s expectations January 17, 2023 China's reopening from pandemic restrictions risks labour and supply-chain shortages, warned Anglo-Australian miner Rio Tinto.
National Grid pays wind farm operators £82m to turn off fans amid calls to ramp up battery plans January 17, 2023 National Grid forked out £82m to operators of wind farms last month to constrain supplies and reduce output amid blustery conditions.
Fresh vote of confidence in North Sea oil and gas industry with bumper licensing round January 17, 2023 Over one hundred bids have been made for new projects in the North Sea, in a huge vote of confidence for the embattled industry.
Gas prices deflate to 16-month low with more supplies shipped to Europe January 17, 2023 Natural gas prices dropped to a 16-month low yesterday - with full stockpiles in China forcing buyers to send more supplies to Europe.