Ceres Power’s revenue bounces back after a rocky few years April 15, 2024 Revenue for the fuel cell and hydrogen technology specialist increased from £19.8m to £22.3m, while gross profit jumped from £10.7m to £13.6m, the company's 2023 results revealed.
Vitol, Gunvor and Trafigura say bribery is over – but reform will take more than words April 15, 2024 The chief executives of Vitol, Gunvor and Trafigura declared the era of bribery in the sector to be over last week. But Rhodri Morgan argues that it will take a lot more than words if the companies are serious about putting an end to corruption in the industry
Tata Steel faces pay showdown with workers after Unite strike vote April 14, 2024 A company source told City A.M that the pay offer remains contingent on employees not hitting the picket lines.
UK and US block trade of new Russian metals at world’s largest exchanges April 13, 2024 The UK and the US have announced that new aluminium, copper and nickel produced by Russia will no longer be traded at the world’s two largest metal exchanges.
What could Shell and BP be worth across the pond? April 13, 2024 Ultimately, Shell and BP's future in London rides on how patient investors are willing to be.
Petrofac mulls equity issuance as it battles to stay afloat April 12, 2024 Oil and gas exploration company Petrofac currently remains "in discussions" with its lenders over restructuring its massive debts, suggesting options such as exchanging equity in the business.
National Grid reforms set to drive returns at Gresham House Energy Storage Fund and Harmony Energy April 12, 2024 Revenues from battery energy storage systems have jumped between February and March.
Tata Steel: More than 1,500 workers to forego pay-offs and strike April 11, 2024 Steelworkers have voted to strike in protest at planned job losses at Tata Steel.
Comments from ex-chief send the Shell share price to an all-time high April 10, 2024 Shell's share price hit £2,861 per share in early morning trading today.
Former Shell chief stokes London listing departure fears April 9, 2024 Van Beurden, who left the supermajor in 2022, said that the US has more favourable attitudes towards conventional energy companies.