National Grid kicks off multi-billion pound capital raise to help the UK meet green targets May 23, 2024 National Grid has annocuned a bumper fund raise to help meeting its capital spending objectives.
SSE profit and earnings per share drop despite Dogger Bank launch May 22, 2024 Scottish Energy giant SSE saw its operating profit and earnings per share fall within its guidance in its full year results.
Tata Steel: Labour demands urgent support for workers facing redundancies May 21, 2024 Labour is calling for the government to take urgent action to cover thousands of workers facing redundancy at the country’s biggest steel plant.
Shadow energy secretary Ed Miliband ‘not aware’ Russia found oil and gas in Antarctic May 17, 2024 Ed Miliband has said he is “not aware” of the reports Russia discovered huge oil and gas reserves in the British Antarctic territories.
UK skills shortage putting major infrastructure projects at risk, MPs warn May 14, 2024 A skills shortage is putting infrastructure delivery at risk, as the government prepares to spend £800bn on projects, MPs have warned.
Octopus Energy now worth over £7bn after two major investors up stakes May 7, 2024 Octopus Energy is now worth more than £7bn after two of its largest investors increased their stakes in the company.
BP reports profit drop as lower oil prices hit earnings May 7, 2024 Murray Auchincloss, chief executive officer said: "We've delivered another resilient quarter financially and continued to make progress on our strategy."
BP set for slower first quarter profits and revenue amid lower oil prices May 5, 2024 BP is expected to announce slowing profits and revenues for the first quarter of 2024, as it wrestles with lower oil prices and weaker refining margins than this time last year. The oil super major will give its latest quarterly results in an update on May 7, with profit expected to come in at £5.07 [...]
Fuel prices up 10p per litre since start of year, says RAC May 4, 2024 Average petrol and diesel prices have risen by 10p per litre so far this year, new figures from motoring group the RAC show.
Trinity Exploration and Touchstone Exploration set to merge in all-share deal May 1, 2024 In joint statements issued this morning, Touchstone said it would acquire the entire issued and to be issued ordinary share capital of Trinity in a deal with £24.1m.