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Energy

  • Harbour Energy ramps up industry calls for price floor inclusion in windfall tax

    April 3, 2023

    Harbour Energy has made fresh warnings about the UK’s investment climate amid uncertainty over a price floor in the windfall tax.

  • Teck Resources snubs takeover offer from commodity giant Glencore

    April 3, 2023

    Canada's Teck Resources revealed on Monday that its board has rejected an unsolicited acquisition proposal from Swiss commodity firm Glencore.

  • Oil prices surge after surprise OPEC+ output cuts shake stagnant markets

    April 3, 2023

    Oil prices have surged in today trading after OPEC+, announced surprise heavy cuts to output yesterday.

  • Australia critical mineral export revenue to match coal by 2028 as green push accelerates

    April 3, 2023

    Revenue from Australia's exports of critical minerals like lithium and nickel will nearly equal coal by 2028.

  • British Gas owner Centrica would STILL have lost Bulb case even without ‘undue delay’, court docs show

    April 3, 2023

    Centrica would have seen its legal challenge over Octopus' deal refused even without the "undue delays," court documents show.

  • Green Day’s Good News: Here are the winners in the energy sector

    April 3, 2023

    Green Day is over - with much of the energy industry disappointed. But there were some winners which Morning Wire highlights.

  • Ithaca Energy hesitates over stake in controversial Rosebank oil field

    April 3, 2023

    Ithaca Energy is hesitating over plans to develop Rosebank, unless a price floor is brought into the windfall tax, Morning Wire understands.

  • OPEC surprises with further cuts to oil production amid demand fears

    April 2, 2023

    Oil markets could enjoy robust trading tomorrow morning after OPEC announced surprise cuts to production today.

  • Recharge looks to rehire former Britishvolt execs as rescue deal falters

    April 2, 2023

    Recharge has been holding talks with two former top executives amid concerns its attempt to rescue Britishvolt is faltering.

  • ‘Hunt failed firms’: Warning of bleak outlook as businesses face 85 per cent drop in energy bill support – BCC

    March 31, 2023

    Business leaders are stepping up warnings that firms will struggle to pay energy bills when a government relief scheme ends on Saturday.

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