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Energy

  • BP’s profit slump points to falling gas prices, but does not explain sluggish shares

    October 31, 2023

    BP missed analyst expectations with a heavy decline in third quarter profits, but there are bigger questions over its share price.

  • BP posts hefty £2.7bn earnings but misses estimates amid falling gas prices

    October 31, 2023

    Energy giant BP has posted hefty third quarter earnings of £2.7bn ($3.3bn) this morning, fuelled by robust fossil fuel trading and soaring oil prices.

  • Nuclear contender Westinghouse keen to win over local opposition as SMR race heats up

    October 31, 2023

    Westinghouse Electric Corporation is confident is can win over any potential local opposition to nuclear power.

  • How the UK’s deep sea mining U-turn highlights the delicate road to net zero

    October 30, 2023

    The UK's newly announced support for a moratorium on granting exploration licences for deep sea mining projects highlights the precarious path to net zero.

  • Blackrock tells investors to give mining a chance or risk green energy transition

    October 30, 2023

    Blackrock said investor reluctance towards mining. could lead to shortages of vital materials

  • Oil prices could surge above $150 per barrel if Hamas-Israel conflict escalates

    October 30, 2023

    Oil prices have dipped in this morning's trading, with investors waiting to see whether the US Federal Reserve hikes rates again.

  • Aviva hammers government push for North Sea oil and gas drilling

    October 30, 2023

    Insurer's chief executive Amanda Blanc fears UK's climate goals are under threat

  • Glencore downgrades nickel expectations as strikes hit production

    October 30, 2023

    Glencore has downgraded expectations for nickel production, with the commodities giant still recovering output from strike action.

  • ‘Nothing has changed’: Supermarkets back in the firing line for jacking up pump prices

    October 30, 2023

    Supermarkets are still profiting at the pumps at the expense of British motorists, despite criticism from the UK's competition regulator.

  • Sunak’s support for National Grid is welcome but private sector key for net zero goals

    October 30, 2023

    Sunak’s push for electrification is highly welcome, but we can only hope National Grid done enough to power the UK's greener future.

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