Corporate inflation expectations for the coming year have increased, according to a closely monitored survey by the Bank of England. The results indicate that businesses are anticipating higher price pressures,
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Serica Energy has completed the acquisition of Spirit Energy’s remaining North Sea production assets, a transaction that significantly expands its portfolio in the United Kingdom continental shelf. The deal involved
The FTSE 100 index declined by as much as two per cent on Thursday, marking its worst single-day performance since May. The slump was driven primarily by a sharp sell-off
Energy Secretary Miatta Fahnbulleh is engaged in urgent discussions with her American counterpart regarding the potential curtailment of diesel exports to Europe. According to a person familiar with the matter,
Amazon has finalised a power purchase agreement with Statkraft for electricity generated by the Mossy Hill wind farm near Lerwick. The 36 megawatt project is scheduled to become operational in
Aberdeen based energy services provider Three60 Energy has announced a significant increase in both revenue and profitability for the financial year ending 2025. The company reported that its total revenue
Prime Minister Andy Burnham has officially confirmed the creation of Great British Grid, a new division of the state-backed energy firm GB Energy. The announcement, made at the Labour Party
Household energy prices are expected to experience their most significant rise in four years when the new price cap takes effect in January. Figures shared with the BBC indicate that
Iran has issued a stark warning that it will target energy infrastructure across the Middle East if its security is not guaranteed, escalating its rhetoric while awaiting an official United
The Conservative party has confirmed it would dismantle the national energy company Great British Energy if it secures victory at the next general election. Andrew Bowie, who recently assumed the
UK Prime Minister Andy Burnham is set to unveil plans for a new government body designed to drive investment in the national grid. Speaking at the Labour Party conference in
We Recycle Solar has announced plans to construct the United States’ first end-to-end critical materials recovery facility for retired solar panels. The commercial-scale plant, located on a 10-acre campus outside
Middle Eastern geopolitical instability has compelled investors to reassess the definition of energy security. Industry executives argue that the traditional dismissal of resilience as an unnecessary cost is no longer
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
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,