Shapps to meet energy chiefs over government’s green energy goals August 2, 2023 Grant Shapps will encourage energy chief to outline their plans to bolster the country's supply security today.
BP is giving back to its shareholders – but is it giving back to the UK? August 1, 2023 Energy giant BP ensured its first priority was its shareholders today, sustaining buybacks for investors even as profits started to slide.
FTSE 100 close: HSBC leaps and BP gives up gains in mixed day for London index August 1, 2023 London’s FTSE 100 kicked lower today after a clutch of mixed results puzzled investors. The capital’s premier index fell 0.43 per cent lower to 7,666.26 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, slipped 0.41 per cent to 19,065.66 points. A set of results [...]
Green investor Andrew Forrest threatens to quit UK after Sunak pledges new oil and gas August 1, 2023 A major green technology investor has threatened to take his money out of the UK, after the government announced fresh oil and gas licensing.
BP suffers second-quarter downturn but profit still tops £2bn August 1, 2023 Weaker refining margins and falling oil and gas prices has weighed down BP's profits in the second quarter of 2023.
Trade bodies back government’s embrace of North Sea oil and gas industry August 1, 2023 Trade bodies across the energy industry has welcomed the government's decision to support the North Sea's oil and gas sector.
Kamm Porsche 912c review: Light, fantastic July 31, 2023 Tim Pitt drives a classic Porsche with a difference: the lightweight, four-cylinder Kamm 912c. Is it a worthy alternative to a restomod 911?
Government backs carbon capture and storage to meet net zero goals and boost North Sea industry July 31, 2023 The government has announced the latest winners of its carbon capture and storage approval process.
Ofgem risks losing public trust after British Gas’ profit bonanza July 31, 2023 Four years of heavy losses and instability in the energy industry were upended last week when British Gas posted record profits.
Ovo exits parent firm in founder Stephen Fitzpatrick’s latest reshuffle July 31, 2023 Big Six energy supplier Ovo has cut ties with its long-standing parent company Imagination Industries, according to its latest results.