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Energy

  • 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.

  • Trafigura: AI and data centre construction could lead to copper shortages

    April 9, 2024

    Trafigura's chief economist said that an additional 1m tons of copper have not been factored into a lot of supply and demand balances.

  • Trading house Vitol reports another bumper year of profit on higher gas trading volumes

    April 8, 2024

    Russell Hardy, the group's chief executive noted in a statement last month that the energy markets have become "ever more important and ever more complex."

  • Commodity traders still made bank last year despite calmer markets

    April 5, 2024

    Global commodity trading generated more than £79bn in earnings before taxes (EBIT) in 2023.

  • Nuclear start-up Newcleo submits first reactor design for a decade

    April 5, 2024

    Newcleo's chief said the submission marked an "important milestone" in the firm's development programme.

  • Shell expects gas production to jump in first quarter

    April 5, 2024

    Shell's Q1 2024 results are expected in early May.

  • Ofgem: Energy watchdog to consult over AI’s risk to industry collusion

    April 4, 2024

     Ofgem said it "appears to have sufficient powers to address important risks arising from the use of AI when detected."

  • “Mad, bad and dangerous”: Tories hit out at Labour energy plan

    March 31, 2024

    Energy secretary Claire Coutinho has slammed Labour's energy plans as being 'made in China'

  • Why China’s growing dominance in wind power should worry the West

    March 27, 2024

    accounted for two-thirds of the entire global build in 2023 and now boasts a 77GW portfolio

  • UK’s largest electricity transmission project to get £3.4bn in funding, Ofgem says

    March 27, 2024

    A mega project to build an electricity "superhighway" cable link between Scotland and Yorkshire is to receive £3.4bn.

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