Harbour Energy ramps up industry calls for price floor inclusion in windfall tax April 3, 2023 Harbour Energy has made fresh warnings about the UK’s investment climate amid uncertainty over a price floor in the windfall tax.
Teck Resources snubs takeover offer from commodity giant Glencore April 3, 2023 Canada's Teck Resources revealed on Monday that its board has rejected an unsolicited acquisition proposal from Swiss commodity firm Glencore.
FTSE 100 close: Shell and BP lift London higher as OPEC production cut boosts oil giants April 3, 2023 London’s FTSE 100 was dragged up by its oil giants at the beginning of the week, as OPEC’s cut to production saw BP and Shell climb. The capital’s premier index closed up 0.54 per cent at 7,673.00 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK [...]
Australia critical mineral export revenue to match coal by 2028 as green push accelerates April 3, 2023 Revenue from Australia's exports of critical minerals like lithium and nickel will nearly equal coal by 2028.
British Gas owner Centrica would STILL have lost Bulb case even without ‘undue delay’, court docs show April 3, 2023 Centrica would have seen its legal challenge over Octopus' deal refused even without the "undue delays," court documents show.
Green Day’s Good News: Here are the winners in the energy sector April 3, 2023 Green Day is over - with much of the energy industry disappointed. But there were some winners which Morning Wire highlights.
Ithaca Energy hesitates over stake in controversial Rosebank oil field April 3, 2023 Ithaca Energy is hesitating over plans to develop Rosebank, unless a price floor is brought into the windfall tax, Morning Wire understands.
Recharge looks to rehire former Britishvolt execs as rescue deal falters April 2, 2023 Recharge has been holding talks with two former top executives amid concerns its attempt to rescue Britishvolt is faltering.
British Gas, Scottish Power and E.On LOSE High Court row over handling of Bulb sale – but it might not be over yet March 31, 2023 Three major energy suppliers have lost their High Court challenge over the Government’s handling of the sale of collapsed energy firm Bulb.
Drax shares fall after £2bn project misses out on UK carbon cash March 30, 2023 The owner of the UK's biggest power station is racing to secure a last-ditch lifeline for its £2bn carbon capture biomass project.