Shell will not pay any windfall tax despite booming profits October 27, 2022 Energy giant Shell does not expect to pay the windfall tax this quarter, as it has invested sufficient funds in North Sea oil and gas projects.
ITM Power shares nosedive after manufacturing issues hit revenues October 27, 2022 Shares in ITM Power have dropped nearly 25 per cent on the London Stock Exchange, after a disappointing revenue update.
Fracking fury: Industry body hammers Sunak after shale gas U-turn October 27, 2022 UKOOG has expressed its fury with Prime Minister Rishi Sunak's apparent decision to re-impose the ban on fracking.
Shell unveils £8.1bn profits in another monster quarter of trading October 27, 2022 Shell has reported another quarter of bumper trading and hefty profits, revelling in historically elevated oil and gas prices this year.
Government must get a grip on risks to key infrastructure from climate change October 27, 2022 The Government must get a grip on the risks posed by the effects of climate change on infrastructure, warned a Westminster committee.
Saved by the bell: Drax showdown cut short as MPs summoned to votes October 26, 2022 There were "a lot of errors" in the BBC Panorama's expose of Drax's logging practices, argued the firm's leading energy expert.
So-so energy: Supplier’s push for funds is a worrying sign for the market October 26, 2022 So Energy's scramble for funds this winter reflects the stark reality that the industry crisis is far from over, as another winter looms.
LNG cargoes await supply squeeze as Europe readies itself for tough winter October 26, 2022 Dozens of LNG cargoes have been in slow transit across Europe in recent weeks, awaiting the prime opportunity to unload their valuable resources.
Renewable body urges rollout of wind power to lower household bills October 26, 2022 Industry group Renewable UK is urging the Government to accelerate the roll-out of wind power to avoid future gas crises for consumers.
World’s richest nations should honour $100bn climate financing pledge October 26, 2022 The world's wealthiest nations should deliver on their pledge to provide $100bn per year of climate financing, argued Wärtsila.