Commodity traders still made bank last year despite calmer markets April 5, 2024 Global commodity trading generated more than £79bn in earnings before taxes (EBIT) in 2023.
Thames Water’s parent company defaults on £400m loan and asks creditors to ‘take no action’ April 5, 2024 Consultancy firm Alvarez & Marsal is advising the embattled water firm in talks regarding its debt structure with its creditors.
Nuclear start-up Newcleo submits first reactor design for a decade April 5, 2024 Newcleo's chief said the submission marked an "important milestone" in the firm's development programme.
Why are investors flocking to copper? April 5, 2024 If Chinese smelters agree collective production cuts, global supply will likely tighten significantly
Shell expects gas production to jump in first quarter April 5, 2024 Shell's Q1 2024 results are expected in early May.
Ofgem: Energy watchdog to consult over AI’s risk to industry collusion April 4, 2024 Ofgem said it "appears to have sufficient powers to address important risks arising from the use of AI when detected."
Former BP chief: £2.7 trillion a year needed to pivot ‘climate crisis into correction’ April 4, 2024 Lord Browne of Madingley said the energy transition will pivot the world from a period of "climate crisis into climate correction".
Shell: UK oil giant kicks off fight against emissions ruling in Dutch court April 3, 2024 Supermajor Shell argued on Tuesday that a court ruling in the Netherlands forcing it to slash its greenhouse gas emissions has no legal basis.
Clean hydrogen developer backed by Hydrogenone brings in dirty oil money funding April 3, 2024 The firm said these funds will be used to expand Elcogen's manufacturing capacity as it continues to build a new factory facility in the Estonian capital
Thames Water owners to start urgent restructuring talks April 1, 2024 The owners of Thames Water will reportedly commence restructuring talks in the coming days as the embattled firm's parent company Kemble risks entering insolvency within weeks unless lenders agree to a debt-for-equity deal.