After lowering its natural gas price projections, Britain’s largest oil and gas producer anticipates generating less free cashflow this year than expected. Harbour Energy’s free cashflow will be “marginally” positive
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Profits for the operator of Britain’s biggest and most controversial power plant have increased by more than tenfold as a result of higher energy prices. Drax’s profits before tax in
Analysis finds that UK faces a ‘crunch-point’ due to delays at Hinkley Point C and the closure of other nuclear plants. New research warns that delays to French-built nuclear reactors
On January 24th 2024 Pantheon Resources PLC held a post-AGM investor presentation, providing insights into their ongoing projects and future plans. Here's a breakdown of some key highlights from the discussion points
Dominic Raab warned that unless Western governments are able to break China’s stranglehold on critical minerals required for the green energy transformation, households will face higher bills. Former foreign secretary
Solar panel manufacturers in Europe and the US have warned against excluding Chinese companies from renewable energy supply chains. China dominates the solar manufacturing industry, with more than 80 percent
Scientists are predicting the beginning of a “golden age” in energy for a resource that was previously overlooked — naturally occurring hydrogen. According to a study unpublished by the US
Centrica’s recovery has been aided by the energy crisis. The profits for British Gas’ owner were nearly £2.8 billion in 2018. This is a drop from the £3.3 billion record
Shell forecasts that the global demand for liquefied gas will increase by over 50% by 2040, as people switch to cleaner energy sources. The oil major’s latest energy outlook suggests
The completion of Britain’s largest offshore Wind Farm will be delayed by an entire year due to a chronic lack of construction vessels. According to the developer of Dogger Bank,
Scientists in Europe have achieved a new record for energy produced by nuclear fusion. This is another step forward in the decades-long quest to harness the reaction that powers our
Scientists say that a breakthrough in lithium-ion batteries using small silicon particles and gel polymers could lead to electric cars capable of traveling over 1000 km (over 600 miles) on
STEP’s engineer hopes to win the race against global rivals for clean, limitless power. According to the engineer in charge of the UK’s latest scheme to achieve the dream of
Oil giant accused of leaving shareholders £40bn worse off with unrealistic strategy After an activist investor claimed that they had left shareholders £40bn worse off, BP faces new demands to
The construction of the Kremlin’s long-planned Mega-pipeline linking Russia’s western gasfields to China will be delayed, according to the Prime Minister of Mongolia. This is a blow for Moscow’s plans
The French government wants the UK to plug a multi-billion-pound budget hole for nuclear power projects that are being built by France’s electricity provider EDF in Britain. The UK’s request
