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Glencore suffered a sharp drop in pre-tax profits in the first six months of trading this year as the boom in commodity prices finally eased.…
Households near new energy projects should be offered lump sum payments to boost community approval of needed infrastructure and ensure the rollout of new electricity…
The chair of a leading Westminster panel has vowed to investigate reports Drax has been switching off one of its biomass units to reduce pay-outs…
International supply chains were stretched by a combination of ports suddenly closing at short notice due to virus outbreaks, workers being forced to stay at…
Downing Street’s latest energy announcements this morning will not lead to a reversal in the controversial windfall tax, despite industry hopes of it being softened…
Drax has confirmed talks are still ongoing with the UK government over its multibillion pound plans to develop carbon capture and storage facilities at its…
British Gas has posted record profits, fuelled by Ofgem’s lucrative allowances in the energy price cap, with the household energy giant reporting a near ten-fold…
Ofgem has announced toughened capital requirements for suppliers, as it looks to shore up the industry’s finances following the volatility of soaring gas prices last…
Rolls-Royce shares skyrocketed more than 20 per cent this morning after it raised its full year profit guidance on the back of a boom in…
Ofgem has imposed a hefty £9.78m penalty on SSE Generation for securing excessive payments from the UK’s electricity system operator, which was in breach of…
Ovo Group (Ovo) shareholders have raised their stakes in the company in transactions worth £200m, which has been announced the same day the company revealed…
Glencore saw its output in copper, zinc, lead and nickel dip this morning as it struggled with a downturn in production but said it expects…
The Financial Conduct Authority (FCA) has come under fire from a top industry group today after it announced it would delay a key set of…
Alice’s Adventures in Wonderland is set for a fresh stage revival later this year within the vaults of London Waterloo, the latest rendition of Lewis…
Cryptocurrency investors have been in a frenzy in recent weeks about the possible approval by the US financial regulator of spot Bitcoin Exchange-Traded Funds (ETFs).…
Gold markets have consolidated this week’s price rally, buoyed by growing expectations that the Federal Reserve’s battle to curb inflation is drawing to a successful…
There are few more revolting images than human faeces streaming into Britain’s rivers and seas. Not just the stench, but also environmental damage and closed…
Renault and Aston Martin backer Geely have announced the launch of a new UK-based powertrain technology company, to manufacture low-emission hybrid and internal combustion engines.…
Approval for Rosebank, the UK’s largest undeveloped oil and gas field, has been delayed again by regulators amid growing concerns over the project’s net zero…
British Gas owner Centrica has signed a £6.2bn ($8bn) mega deal with US fossil fuel producer Delta Midstream, in a welcome boost for the UK’s…