The boards of directors for SpaceX and Tesla have each established special committees to evaluate a possible merger between the two companies. These committees, composed entirely of independent directors, were
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Elon Musk and the artificial intelligence firm Anthropic have announced significant financial commitments to distribute shares to the public. These pledges arrive as major technology companies face increasing scrutiny regarding
More than 160 offshore rig workers are set to commence a 24-hour walkout on Wednesday, a move that the Unite union warns could severely disrupt fuel supplies across the United
Major United States corporations and trade associations launched a sustained two-year campaign to delay and dilute the European Union’s Deforestation Regulation, according to a new investigation by the environmental watchdog
Businesses in Jersey have expressed concern that a proposed freeze on fuel duty for 2027 will provide only limited relief against rising global diesel prices. The island government has suggested
Applications for onshore wind projects in England have begun to increase significantly following the removal of a de facto ban on new development. Government data indicates that 45 applications were
Water companies in England and Wales are set to return £107m to householders through reduced bills after the industry regulator determined that several providers failed to meet agreed performance targets.
Emissions from oil and gas production in the North Sea have decreased for the sixth consecutive year, according to the North Sea Transition Authority. The regulator reported that production emissions
Energy Exploration Technologies has entered into a binding ten year offtake agreement with the global commodities trader Trafigura. The contract secures the purchase of 100,000 metric tons of battery grade
Aberdeen-based OEG has been awarded a contract by Danish renewables developer Ørsted to supply temporary power for the Hornsea 3 offshore wind farm. The agreement covers the commissioning of the
Progressive Energy has established a new business unit called Oserra Connect to facilitate carbon capture and storage for industrial sites that are not located near existing pipeline infrastructure. The developer,
North Sea oil and gas producers are calling on the United Kingdom government to scrap the existing windfall tax and approve two major offshore projects. The industry argues that these
Shares of Revolution Medicines declined by six per cent on Thursday after the release of review documents from the Food and Drug Administration. The newly disclosed information suggests that the
Boots is set to enter its 178th year under new ownership following the agreement of a £7bn deal this week. The pharmacy and retailer, a long-standing fixture on Britain’s high
The Buchan offshore wind farm has secured certification for its foundation technology, positioning the project to seek offshore consent before the end of the current year. The 960MW development, located
Royal Mail has confirmed plans to reduce its head office and supporting workforce by 2,500 roles by the end of 2027. The postal service stated that the reductions, which equate