Rising critical mineral supplies could help meet demand to fight climate change July 11, 2023 Supply of minerals critical to the energy transition could move close to levels needed to support climate pledges by 2030.
British Gas owner Centrica seals £6.2bn US LNG mega deal – that could power five per cent of UK homes July 11, 2023 British Gas owner Centrica has signed a new £6.2bn ($8bn) mega deal with Delta Midstream for 1m tonnes per annum of LNG for 15 years.
Thames Water hangs on, but its future, and the health of our waterways, remains unclear July 10, 2023 Thames Water’s reprieve this morning may have refreshed the company’s coffers, but the firm remains parched of funding for its future ambitions.
Thames Water taps shareholders for extra £750m in bid to avert collapse July 10, 2023 Debt-laden Thames Water has secured an extra £750m of equity funding from shareholders, as the firm races to avoid nationalisation.
Utilities sector hits rock bottom as customer satisfaction plummets July 10, 2023 Poor handling of complaints has powered a record plunge in customer satisfaction across all sectors of the UK economy.
Oil sorted? OPEC gambles on demand revival to boost flagging prices July 10, 2023 OPEC and its allies are banking on demand to rebound and prop up oil prices. If they're wrong, it's time to reassess their influence.
Siemens Energy deepens in-house probe into turbine problems July 8, 2023 Siemens Energy's board has set up a task force to establish the scope of deepening problems at its crisis-ridden wind turbine division.
Shell anticipates ‘significantly lower’ gas trading as investors ‘sit on hands’ July 7, 2023 Shell said it anticipates “significantly lower” gas trading in its second quarter results, but questions remain about the energy titan’s claim it’s linked to ‘seasonality’. Ahead of their 27 July results, the firm claims its expected dip was down to “seasonality” in the market, while stressing that the performance would be “in line” with the [...]
Coffey: Government has full confidence in water industry’s financial resilience July 6, 2023 Therese Coffey says she has “full confidence in the financial resilience” of the water industry, amid warnings Thames Water’s struggles are “not an isolated case”.
Brits overestimate costs of making homes greener July 6, 2023 Brits vastly overestimate both the cost and time to install green upgrades in their homes, according to a new study from Barclays and Ipsos.