Shell wants to stay in the fossil fuel game as long as possible March 16, 2024 Shell altered or dropped several green commitments in an energy transition update last week
Remember the £190m interest bill Thames Water wanted more time on? It’s due next month March 15, 2024 The embattled firm will learn from Ofwat in the next few months whether it will be allowed to charge customers more to fund its recovery plan
HSBC leads Sizewell C investment push as time ticks on final investment decision March 14, 2024 Britain’s largest bank by market capitalisation is trying to rally an effort to push a final investment decision over the line for the delayed Sizewell C nuclear super project. According to a Bloomberg report today, HSBC is discussing the possibility with investment funds to provide a debt facility that would be guaranteed by the UK’s [...]
Why is Ofwat making Welsh Water pay out £40m in charges? March 14, 2024 Water leaks across the firm's operations were found to be at much higher levels than reported
Shell chief nets £8m as firm moves goalposts on net zero strategy March 14, 2024 Wael Sawan's pay packet totals nearly the same as that received by his BP counterpart
UK carbon capture strategy ‘outdated and unrealistic’ as costs doubled to £20bn March 13, 2024 Will Gardiner, chief executive, said the group continues to play an "essential role," in the UK's power mix
Embattled miner Ferrexpo postpones results indefinitely as legal claims continue March 13, 2024 Ferrexpo faces multiple lawsuits including a £98m action from an unknwon claimant in Ukraine
Hochschild Mining extends dividend break as gold losses grow March 13, 2024 Cash levels at the company also dropped 38 per cent year-on-year
UK energy debt collector accused of chasing customers with ‘Michael Jackson’ signed emails March 13, 2024 MoneySavingExpert has published claims of consumer harm and poor practice against an energy debt collection firm, including that it chased debts using the signature of late US popstar Michael Jackson.
Tories and Labour increasingly believe going green won’t win votes March 12, 2024 Tory plans to back gas power stations and Labour's decision to scale back its £28bn green pledge suggest both parties increasingly believe going big on green initiatives won't win them votes at the next election.