The European Union has announced its Electrification Action Plan, establishing a target for electricity to constitute 46 per cent of total energy consumption across the bloc by 2040. This represents
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Sunda Energy PLC has announced the conversion of £110,000 in outstanding debt into equity following an agreement with Alumni Capital. The AIM-listed gas exploration company will issue 11.8 million new
Sunda Energy PLC has announced the issuance of 11.8 million new ordinary shares following the conversion of £110,000 in outstanding debt by Alumni Capital. The transaction involves the conversion of
The British electricity grid has entered a fraught chapter as investigations unfold into claims that staff at the state backed operator concealed evidence of grid instability during a scorching June
Chariot Ltd (AIM:CHAR, OTC:OIGLF) has announced plans to seek shareholder approval for a 25-for-1 share consolidation as the Africa-focused energy company accelerates its strategic pivot towards upstream oil and gas
The decision by Kraken Technology Group to seal a financing round of 175 million dollars has not merely altered the prospects of a small coastal technology firm. It has also
By mid-morning in London the numbers told a story that diplomats had failed to contain. Brent crude, the benchmark that does duty as the world’s shorthand for energy risk, had
The allegation that Britain’s electricity system came close to failure is serious enough. The allegation that those charged with preventing failure then tried to ensure nobody could later piece together
Mark Carney has spent much of his public life urging governments, banks and boardrooms to treat climate risk as financial risk. Now, as Canada’s prime minister, he is arguing that
Britain’s search for a more stable energy future has drawn in an unlikely but increasingly influential backer: Michal Solowow, the Polish billionaire industrialist whose company, Synthos Green Energy, is preparing
As Britain endures an unprecedented heatwave, the very fabric of its energy infrastructure is being tested in ways that have not been seen before. Record temperatures, soaring to a staggering
In a landscape marked by the diminishing reliance on fossil fuels, the United Kingdom is poised to reimagine its energy profile through a bold initiative involving small modular reactors (SMRs).
The oil market has witnessed a significant downturn recently, with prices plummeting by nearly eight per cent within the week. As analysts observe the waning tensions surrounding the Strait of
The recent comments of Warren Stephens, the US Ambassador to the United Kingdom, at The Times CEO Summit have ignited a debate over the UK government’s approach to its North
In recent weeks, the complex tapestry of the UK economy has taken centre stage, revealing both the trials and tentative triumphs faced by households and policymakers alike. As inflationary pressures
In an unexpected twist in the ongoing saga of Britain’s post-Brexit energy policy, recent reports indicate that British taxpayers may inadvertently be financing the energy bills of households across the