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Energy

  • Tesco urges government to stick to net zero goals to boost business confidence

    September 6, 2023

    Tesco boss Ken Murphy backed net zero, and has called on political parties to ramp up support for low carbon solutions for the food sector.

  • G7 price cap restrains Russian oil revenues but Kremlin still finding buyers

    September 6, 2023

    Price caps on Russian oil and gas have managed to drive down oil revenues and keep prices in check for consumers, experts suggest.

  • Sunak’s onshore wind U-turn fails to impress energy bosses

    September 5, 2023

    Prime Minister Rishi Sunak's U-turn on onshore wind won't be enough to win over sceptical renewable developers, a top trade body has warned.

  • Gas prices nudge higher after Chevron workers vote to strike at Aussie LNG sites

    September 5, 2023

    Workers at a key liquefied natural gas plant in Australia will engage in a full-scale strike for two weeks this month.

  • BP boss Bernard Looney pledges to stick to plans for oil and gas output cuts

    September 5, 2023

    BP boss Bernard Looney says he will not further scale back his energy transition strategy after ceding some ground earlier this year.

  • Ecora upholds dividend plans even as easing commodity prices weighs down profits

    September 5, 2023

    Ecora Resources has upheld its dividend plans, even as easing commodity prices weighed down the company's bottom line.

  • Sunak poised to ease onshore wind ban after Tory backbench rebellion

    September 5, 2023

    The government is expected to ease restrictions on onshore wind farms after a Tory backbencher rebellion over renewable projects.

  • Enquest urges government to restore investor confidence in UK oil and gas after £60m windfall tax hit

    September 5, 2023

    Enquest has warned the current fiscal regime is damaging confidence in the North Sea, and has called for further changes to the windfall tax.

  • Rising star Claire Coutinho faces gruelling start in energy secretary role

    September 5, 2023

    Claire Coutinho has taken over energy policy from Grant Shapps, and faces a highly challenging start to her new role.

  • Hydrogen specialist UHL plans £250m UK spend – but it won’t list in London

    September 5, 2023

    The world's largest hydrogen conglomerate plans to invest £250m in the UK over the next 12 months, Morning Wire has learned.

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