British Gas owner Centrica helps back £300m UK energy first June 13, 2024 Centric, the owner of British Gas, has helped raised £300m for the first commercial-scale liquid air energy storage (LAES) plant in the UK.
‘Chronic short-termism’ stopping UK from becoming a ‘superpower’, report backed by Tony Blair and John Caudwell warns June 4, 2024 Britain’s "chronic short-termism" is holding it back from being a science and technology superpower, according to a new report backed by billionaire businessman John Caudwell and former Prime Minister Sir Tony Blair.
Petrofac: Losses almost double after delayed results finally revealed May 31, 2024 Losses at embattled oil services provider Petrofac almost doubled to more than $400m (£314m) during 2023 after its delayed accounts were finally published.
Labour: GB Energy will turn the page on cost-of-living crisis with clean power May 31, 2024 Labour is pledging it will get working within months of election victory to build clean power that will “turn the page” on the cost-of-living crisis.
Biffa owner to buy renewable energy giant Atlantica for £2bn May 28, 2024 Atlantica Sustainable Infrastructure is to go private after accepting an offer from a private equity firm which values it at $2.5bn (£2bn).
Will it work? Funding community energy projects May 24, 2024 The SNP has a soft spot for community energy projects, and Labour has flirted with them in the past too. But could they work?
Shadow energy secretary Ed Miliband ‘not aware’ Russia found oil and gas in Antarctic May 17, 2024 Ed Miliband has said he is “not aware” of the reports Russia discovered huge oil and gas reserves in the British Antarctic territories.
UK skills shortage putting major infrastructure projects at risk, MPs warn May 14, 2024 A skills shortage is putting infrastructure delivery at risk, as the government prepares to spend £800bn on projects, MPs have warned.
Octopus Energy now worth over £7bn after two major investors up stakes May 7, 2024 Octopus Energy is now worth more than £7bn after two of its largest investors increased their stakes in the company.
Trinity Exploration and Touchstone Exploration set to merge in all-share deal May 1, 2024 In joint statements issued this morning, Touchstone said it would acquire the entire issued and to be issued ordinary share capital of Trinity in a deal with £24.1m.