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Energy

  • Unleash private investment for green projects or miss net zero goals, MPs warn

    June 21, 2023

    The government must do more to unlock private investment or risk missing its decarbonisation goals, MPs have warned.

  • Nickel crisis: LME faced ‘unprecedented circumstances’, lawyer claims

    June 21, 2023

    The LME argues it was justified in closing the market and cancelling trades because $19.7bn of margin calls would have created systemic risk.

  • Gemfields unveils bumper £63.1m sales as rubies prove recession resistant

    June 21, 2023

    Gemfields has announced a hefty hike in revenues at its latest ruby auction, with buyers embracing coloured gemstones.

  • Gas prices rise in UK and Europe on surging summer demand for air conditioning

    June 21, 2023

    Soaring demand for air conditioning across Europe has contributed to the latest spike in gas price, experts suggest.

  • Rosebank: UK’s largest undeveloped oilfield set to be approved by regulators within weeks

    June 21, 2023

    The UK’s largest undeveloped fossil fuel field, is set to be approved by regulators within the next two weeks, Morning Wire understands.

  • Iran supply glut could weigh down oil prices, predict experts

    June 20, 2023

    An unexpected influx of oil supplies from Iran could help further weigh down prices, amid a market downturn from China.

  • EU countries fail to agree energy reforms after coal subsidy clash

    June 20, 2023

    European Union countries have failed to agree on planned new rules for the bloc's power market, after clashing over coal subsidies.

  • Qatar set to strike second big LNG supply deal with China

    June 20, 2023

    Qatar is set to secure its second large gas supply deal with a Chinese state-controlled company in less than a year.

  • Labour’s bold plan to rescue onshore wind from NIMBYism

    June 20, 2023

    Labour's plans to boost onshore wind have been welcomed by the industry but challenges remain if the UK is to liberate the industry.

  • Starmer fails to appease North Sea industry amid fears of investment cliff edge

    June 20, 2023

    Keir Starmer's decision to honour oil and gas permits issued under the Conservative government failed to win over the North Sea industry

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