Serica Energy has confirmed its formal intention to apply for admission to the London Stock Exchange main market, with the move expected to be completed by the end of October
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Norwegian energy company DNO has confirmed it will not submit a counter offer for Capricorn Energy. The decision follows a recent move by rival Genel Energy, which increased its bid
Andy Burnham’s pledge to deliver stability in public finances faces a significant challenge as the United Kingdom confronts a deteriorating economic environment. The Prime Minister and his Chancellor, John Healey,
North Carolina regulators have rejected a proposal by Duke Energy to construct a new natural gas power plant, marking a significant setback for the utility company’s expansion plans. The North
Britain’s energy minister has acknowledged that the national strategic spatial energy plan should have been established significantly earlier than its current timeline. Michael Shanks stated that the framework, which outlines
A senior Bank of England policymaker has indicated that an increase in interest rates is becoming increasingly probable if energy prices remain elevated for an extended period. While officials maintained
Edinburgh-based Capricorn Energy has reported a profitable first half of the year, although the group has cautioned that the potential collapse of two ongoing takeover bids represents a significant threat
Certain Energy has confirmed it will submit a bid in the next cap-and-floor auction for long-duration energy storage, a move the company’s executive chair believes will reduce revenue risk for
The data centre industry is preparing for a significant shift in infrastructure as operators move away from traditional copper wiring in favour of photonics. This transition aims to address the
The Bank of England has maintained its benchmark interest rate at 3.75% for the sixth consecutive meeting, although it has signalled that further increases are likely if elevated energy prices
The United Kingdom’s electricity supply infrastructure faces mounting pressure as the rapid expansion of artificial intelligence and data centre projects drives a significant surge in power demand. Recent assessments indicate
Gore Street Energy Storage has retained its status as an investment company after shareholders narrowly rejected a proposal by activist hedge fund Saba Capital to wind down the vehicle. The
Borrowing costs for the United States government have climbed to their highest level since 2007, driven by a sharp increase in oil prices that has intensified inflationary concerns. The effective
A prolonged disruption to maritime traffic around the Bab el-Mandeb Strait poses a significant risk to global mining supply chains, extending well beyond the energy sector. According to GEM Mining
Kistos Energy has reported a pre-tax profit of $80.8 million for the first half of the year, reversing a loss of $6.9 million recorded in the same period last year.
The Department of Energy Security and Net Zero has approved development consent for the transmission infrastructure associated with the Morgan and Morecambe offshore wind farms. This authorisation encompasses the offshore