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Conservative MPs have criticised the role of a Chinese private investment group in a new mega offshore wind farm that could power over one million…
London’s status as a global financial hub may not be at risk – yet – but its equity markets are certainly out of favour with…
Energy bills will remain high this winter and well above normal levels, despite market watchdog Ofgem confirming a minor reduction in the price cap. The…
Exports have slumped, growth has stalled, and the economy even slipped into deflation. The youth unemployment figures have become so bad that the government has…
Harbour Energy has suffered a billion-dollar swing in its balance sheet, posting an $8m loss for the first six months of trading this year –…
Shell and BP are among 12 oil firms who have been accused of greenwashing over the amount of renewable and low-carbon energy they produce. Research…
The company has now slashed it dividend nearly in half to $1.70 per share, down from $3.25 per share the year before. These headwinds have…
The UK’s oil and gas sector faces the growing prospect of a cash crunch, with the Treasury’s latest attempts to lure lenders back to the…
The amount that an average household is expected to pay for its energy bills will fall by around £150 per year from the start of…
Bill payers are being left £1.5bn worse off per year due to Treasury red tape blocking new offshore wind projects, according to new research from…
The mission to get the UK’s fleet of trucks to go green is failing to take off, new figures have revealed, due to ongoing concerns…
Wind turbines are routinely regarded as an energy source of the future, as debates spin over its upcoming role in the country’s supply mix. Yet,…
Energy suppliers have given heat pumps a fresh vote of confidence despite calls from backbench Conservative MPs to slow down the shift from heating systems…
United States Steel Corporation, one of the most iconic American steelmakers, rejected a takeover bid from rival Cleveland-Cliffs Inc. that would have formed one of…
The price of gold has weakened in the face of a strong US dollar, with investor sentiment shifting away from the precious metal as hopes…
The UK economy grew faster than expected in June, and expanded 0.5 per cent, helping to bring growth in the second quarter to 0.2 per…
As late as the mid-noughties, it was almost inconceivable to marry together the idea of generating a positive ‘impact’ on the planet or society while…
It’s been eight years since world leaders came together in Paris and pledged to reduce emissions to net zero by 2050. Eight years of being…
China’s already “tortuous” recovery from the Covid pandemic continued to stall today as fresh data indicated that domestic demand remained depressed. Figures out this morning…
Siemens Energy on Monday said problems recently unveiled at its wind turbine unit would cost it £1.9bn (€2.2bn), well short of worst-case estimates but still…