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Energy

  • Rio Tinto endures mixed share price reaction after steady trading update

    October 17, 2023

    Rio Tinto posted a steady trading update this morning, with output across its mining operations in line with expectations.

  • Strict EV targets risk increasing reliance on China, ex-Britishvolt boss warns

    October 17, 2023

    Europe risks depending on China to meet its needs for EVs unless it waters down its targets, one of the founders of Britishvolt has warned.

  • Water suppliers share prices rally as investors welcome turnaround plans

    October 17, 2023

    Some of the UK's largest waters companies have seen a bounce in their share price, with investor sentiment improving.

  • Shell soars to record highs as oil and gas markets await fresh signals from Israel-Hamas war

    October 16, 2023

    Commodity prices have steadied following last week's bumper rally, with markets awaiting further supply signals.

  • ITM Power to enter US market in blow to UK’s green hydrogen ambitions

    October 16, 2023

    ITM Power has announced plans to enter the US market, enticed by the vast subsidies offered under the country's Inflation Reduction Act.

  • Surging gas prices expose cost crisis for consumers this winter

    October 16, 2023

    Gas prices have soared this week, with geopolitical volatility rattling spot markets - but the real concern should be bills not supply shortages.

  • Oil markets rattled by fears of escalating conflict in Middle East

    October 15, 2023

    Oil prices will begin trading tomorrow following a sharp surge in prices, with investors spooked by the prospect of protracted conflict in the Middle East.

  • Britain and US should form energy partnership like Aukus, US senator says during UK tour

    October 13, 2023

    Duckworth said the US is in desperate need of transformers to upgrade its electricity grid, but is struggling because much of what it needs is produced in China

  • BP shares soar as energy giant hikes profit guidance

    October 12, 2023

    Shares in BP have risen robustly in today's trading, with investor sentiment improving towards the energy giant.

  • Government must send ‘clear signals’ to boost UK hydrogen investment

    October 12, 2023

    The government must send "clear signals" that the UK is ready for business, or risk failing to meet its hydrogen ambitions.

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