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Energy

  • Oil prices slide as economic woes compete with geopolitical risks

    October 11, 2023

    Oil markets have eased in today's trading with investors awaiting further price signals following worries over geopolitical risk.

  • Gas prices pare back gains as volatility fears rattle markets

    October 11, 2023

    Gas prices have eased after yesterday's bumper rally which saw markets surge to their highest levels since June.

  • Exxon snaps up shale giant Pioneer in $60bn mega-deal

    October 11, 2023

    Exxon agreed to buy rival Pioneer in an all-stock deal valued at $59.5bn that would make it the biggest producer in the largest US oilfield.

  • UK will struggle to meet lithium shortfalls from allies amid China dominance, minerals boss warns

    October 11, 2023

    The UK will struggle to meet its lithium needs without China, the boss of Cornish Lithium fears.

  • Solar clampdown would repeat mistakes of onshore wind ban, energy boss warns

    October 11, 2023

    The government could be about to repeat the mistakes that lead to onshore wind's demise through a clampdown on farmland solar.

  • Gas prices jump after Israeli gas field halts production

    October 10, 2023

    Gas prices have jumped to their highest level since June following the closure of one of Israel's largest fields in the Mediterranean Sea.

  • Speedy Hire buys battery specialists GPH for £20.2m

    October 10, 2023

    Speedy said service revenues are expected to be lower in the second half, citing the decline in the wholesale price of fuel.

  • Net zero risks energy security, says OPEC, as cartel slashes oil output

    October 10, 2023

    Climate action to reach net zero undermines investment in the oil sector and jeopardises global energy security, warned OPEC.

  • LME: Hong Kong owners pledge to ‘strengthen its stewardship’ of the industry after nickel crisis

    October 9, 2023

    The LME will ramp up its oversight of the market following last year's nickel crisis, the boss of its parent company has pledged.

  • Gold prices surge as investors embrace safe haven assets following Hamas attack on Israel

    October 9, 2023

    Gold prices have rebounded heavily today from a nine-day slump, with investors drawn to safe haven assets amid concerns over geopolitical risk.

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