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Energy

  • Woodside misses revenue estimate but sticks to guidance

    July 19, 2023

    Australian No.1 oil and gas producer Woodside Energy said second-quarter sales tumbled due to weaker commodity prices and maintenance work.

  • National Grid completes £1.7bn subsea cable project connecting UK to Denmark

    July 18, 2023

    National Grid has boosted the UK's green energy hopes, after completing the world's longest land and subsea interconnector.

  • Mega UK Jaguar Land Rover battery plant could be announced this week

    July 18, 2023

    The government is on the cusp of securing a long-term deal from Tata Group to build a new range of EV Jaguar and Land Rover models.

  • Fission for funds: Shapps confident Sizewell C nuclear project will find investors

    July 18, 2023

    Britain's nuclear ambitions will find support in the private sector, hopes Grant Shapps, as he today launched the UK's new industry vehicle.

  • Thames Water’s biggest investor slashed stake in troubled utility firm by £300m

    July 18, 2023

    Thames Water’s biggest investor significantly cut the size of its stake last year, renewing concerns over its financial stability.

  • Ofgem shortlists four suitors for £2bn offshore wind assets

    July 18, 2023

    Ofgem has now shortlisted four operators for the next bidding round of its highly prized offshore transmission links, worth an estimated £2bn.

  • PayPoint faces multi-million pound lawsuit over alleged anti-competitive conduct

    July 18, 2023

    PayPoint faces a multi-million pound lawsuit from a social enterprise, which has accused the payment services business of anti-competitive conduct.

  • Government launches SMR competition to revive nuclear’s role in UK energy mix

    July 18, 2023

    Government ambitions to boost nuclear's flagging role in the country's energy mix will be supported with a new industry vehicle.

  • Europe increasingly reliant on LNG as it aims to stave off winter supply crunch

    July 17, 2023

    Europe will once again be highly dependent on LNG to meet its demand needs this winter, warns the International Energy Agency.

  • Black Sea grain deal to expire Monday if Russia quits

    July 17, 2023

    A pact that has allowed the safe Black Sea export of grain from Ukraine for the past year will expire at the end of Monday.

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