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Energy

  • Labour to hold fire on ‘fish disco’ nuclear power reform due to ‘legal advice’

    November 25, 2025

    The Labour government is set to hold fire on pushing through sweeping reforms to nuclear energy due to a legal adviser’s concerns over the “UK’s environmental, trade  and human rights obligations”, it has been reported.  The Innovate UK member John Fingleton published a damning report on red tape blocking the expansion of the country’s nuclear [...]

  • High Court finds BHP liable for Brazil’s worst environmental disaster

    November 14, 2025

    Mining giant BHP has been found liable for a dam disaster under both environmental law and the Brazilian civil code, in a significant ruling handed down by the High Court. The case stems from a deadly dam disaster in Brazil. On 5 November 2015, the Fundao dam in the south-eastern part of Brazil, operated by [...]

  • North Sea oil and gas production decline labelled an ’emergency’

    November 5, 2025

    Tory leader Kemi Badenoch has declared an oil and gas “emergency” in the North East of Scotland as she pushes the Labour government to overturn its ban on new oil and gas licenses.  Badenoch has pledged to “get Britain drilling again” in a new campaign in partnership with the Scottish Conservatives. The announcement marks the [...]

  • Sulnox shares jump as it unveils new shipping partnership

    November 3, 2025

    Shares in greentech firm Sulnox have jumped Monday after it unveiled a new contract with a major shipping business. The Aquis-listed company, which develops lower emissions fuel technology, said its Sulnox Eco fuel was set to be adopted across the 28-strong fleet of Greek shipping business Spring Marine Group. It comes after a trial period [...]

  • Government-run survey casts doubt on Labour’s net zero push 

    October 29, 2025

    A government-run survey has cast doubt on Labour’s push for net zero as Brits fear that it would push up living expenses in both the short and long term. The Department of Energy Security and Net Zero’s (DESNZ) own research has suggested that the government is losing the public’s faith in its mission to cut [...]

  • North Sea oil services group Petrofac could ‘collapse by Monday’

    October 25, 2025

    Petroface, a North Sea oil and energy services group, could file for insolvency as early as Monday morning before markets open, it has been reported.  The company’s board is reportedly holding emergency meetings over the weekend to discuss the possible collapse of the firm, putting around 2,000 jobs in Scotland under risk.  It has also [...]

  • Petroineos: Sir Jim Ratcliffe-backed energy giant loses $250m

    October 24, 2025

    Petroineos, the energy trading company backed by Sir Jim Ratcliffe, lost $250m (£187.5m) in 2024 as it slumped into the red for the first time since 2020, it has been revealed. The Jersey-based business has reported the pre-tax loss after posting a profit of $30m in 2023. The results for the previous financial year were [...]

  • Tony Blair calls on Labour to ditch key net zero target

    October 23, 2025

    Tony Blair’s think tank has called for the government to ditch its 2030 clean power target as it urged the Labour government to focus on making electricity cheaper in order to persuade Brits to use it over gas.  In a report published by the Tony Blair Institute (TBI), researchers called for the government to “solve” [...]

  • Net zero targets “are not helping” claims shadow energy secretary

    October 19, 2025

    Shadow energy secretary, Claire Coutinho, has claimed that Labour’s net zero targets” are not helping” the UK’s economy. In an interview with Sky News’ Trevor Phillips, Countinho linked the government’s climate targets to the ongoing cost of living crisis. She said: “We’ve said we would repeal the climate change target, and we actually think the [...]

  • Rolls-Royce: Losses widen at FTSE 100 giant’s SMR division

    October 6, 2025

    The small nuclear reactor business owned by FTSE 100 giant Rolls-Royce lost £115m in 2024, it has been revealed. Rolls-Royce SMR, which is not yet revenue generating, has posted the higher losses after also making a deficit of £78m in 2023. New accounts filed with Companies House have also shown that the division’s income from [...]

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