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Energy

  • IOG shares rise as troubled firm shelves North Sea projects

    June 26, 2023

    IOG's shares have soared 25 per cent today on the London Stock Exchange, after it cancelled expansion projects to boost its balance sheet.

  • Battery maker AMTE Power faces nervous wait for funds in threat to UK’s electric ambitions

    June 26, 2023

    The UK’s electric dreams are at risk of running flat, with AMTE Power yet to update shareholders on its race to raise funds.

  • Onshore wind is not just about net zero, it’s a vote winner

    June 26, 2023

    Onshore wind is not just about going green, it's a vote winner that could ease bills and liberalise planning for housing and transport.

  • Siemens Energy’s share price plummets by a third after billion euro turbine bill warning

    June 23, 2023

    Siemens Energy has seen over a third knocked off its market value today, amid problems at its wind turbine business.

  • LME compliance chief called FCA nickel queries ‘ridiculous’

    June 22, 2023

    The London Metal Exchange's head of compliance described questions from the UK's markets regulator about nickel prices as "ridiculous."

  • Church of England to pull investment from fossil fuel companies

    June 22, 2023

    The Church of England is pulling its investment from fossil fuel companies because they are failing to align with the Paris Agreement, the Archbishop of Canterbury has said. By the end of the year, the Church said it will have removed its £10.3 billion endowment fund from all oil and gas companies unless they are [...]

  • Available LME copper stocks fall to the lowest since 2021

    June 22, 2023

    Copper available to the market in London Metal Exchange fell to the lowest level since October 2021, data from the exchange showed.

  • Good Energy snaps up solar panel specialist amid record installations

    June 22, 2023

    Good Energy has snapped up solar and storage business Wessex Eco Energy as it looks to harness record solar panel installations.

  • ‘Totally without merit’: Judge rejects environmental challenge against Sizewell C nuclear plant

    June 22, 2023

    The government's decision to grant development consent for the Sizewell C nuclear plant was lawful, a high court judge has ruled.

  • Oil prices rebound as the Fed commits to inflation battle

    June 22, 2023

    Oil prices are rising amid a sustained hawkish approach from the Federal Reserve raising hopes of an economic revival in the US.

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