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Energy

  • UK offers Ukraine nuclear fuel boost through £192m deal with Urenco

    August 23, 2023

    The government will provide a £192m loan guarantee through the UK's export credit agency to help power Ukraine's nuclear fleet.

  • Ofgem’s Morgan Stanley Whatsapp fine – a one-off or a sign of things to come?

    August 23, 2023

    Troubled energy firms have been in the crosshairs of Ofgem this year, but now the regulator is targeting banks using Whats App - here's why.

  • Energy industry calls for clampdown on brokers as businesses brace for winter

    August 23, 2023

    The role of brokers in the business supplier market is in urgent need of regulation to protect companies from high prices this winter, an industry body has warned.

  • Ithaca Energy announces fresh shareholder payout after £175m windfall tax hit

    August 23, 2023

    Ithaca Energy has announced fresh dividend payments for shareholders in its half-year trading update, despite a hefty windfall tax hit.

  • Why mining stocks have rebounded despite BHP’s profit slump

    August 22, 2023

    China's gloomy economic data has chipped away at the share prices of the world's largest miners for months. But is a recovery underway?

  • Woodside Energy posts huge profits amid looming threat of strikes

    August 22, 2023

    Woodside Energy has posted record half-year net profits of $1.7bn, fuelled by high production levels from the oil and gas assets it snapped off BHP.

  • Policy must catch up with investment demand, says Wood Group boss

    August 22, 2023

    Wood Group has raised its trading expectations in its half-year update to investors, predicting higher pre-tax profits.

  • Ripple Energy unveils record £20m-plus fundraiser for new solar farm

    August 22, 2023

    Ripple Energy has raised over £20m for its new solar farm, the largest amount generated by a co-op for a single green energy project.

  • Retailers urge UK to issue food security plan after last ammonia plant shutters 

    August 22, 2023

    The government must come up with a long-term strategy to protect food supplies after the closure of the the UK's last remaining ammonia plant.

  • Ofgem demands Ovo Energy tackles unresolved customer complaints

    August 21, 2023

    Ofgem has ordered one of the UK's largest energy firms to improve its customer service after 'serious' concerns were raised.

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