Shadow energy secretary Andrew Bowie has urged the government to make a definitive decision on the Rosebank and Jackdaw oil and gas fields, arguing that the administration can no longer
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Households across the United Kingdom are being advised to prepare for increased energy costs this winter as European nations rush to replenish their natural gas reserves ahead of colder weather.
Houston-based geothermal startup Quaise Energy has completed the final close of its Series B funding round, raising a total of $180 million in equity financing. The capital injection marks a
Approximately 160 offshore employees of Apache have been placed on a ballot for potential industrial action. The move follows allegations by Unite the Union that the Houston-based operator conducted hostile
Shell Energy UK has fallen sharply in the latest annual Clean Power Index, dropping from sixth place to thirteenth as its share of renewable supply declined significantly. The research firm
EDF has entered into two battery optimisation agreements with Trinasolar International Solution Business Unit, covering a portfolio of new grid-scale battery energy storage projects located in England and Scotland. Under
Scottish first minister John Swinney has indicated support for the Rosebank and Jackdaw oil and gas developments, asserting that domestic energy supplies will remain essential for the foreseeable future. Speaking
Inflation in the euro area rose to 3.3 per cent in August, marking the highest level since September 2024. This increase, driven primarily by surging energy prices, follows a reading
The Conservative Party has reshuffled its shadow cabinet, with Andrew Bowie taking the role of shadow energy secretary and Harriet Cross moving into the position of shadow Scotland secretary. Bowie,
LG Energy Solution has entered into a ten year supply agreement with Smackover Lithium to secure domestic lithium resources. The deal establishes a long term partnership for the battery manufacturer
The Aberdeen and Grampian Chamber of Commerce has urged the UK Chancellor to abandon plans to extend or increase the energy profits levy, warning that further fiscal pressure will continue
Venezuela’s interim president, Delcy Rodríguez, has vigorously defended her government’s controversial energy agreement with the United States, asserting that the nation will retain full ownership and sovereignty over its vast
UBS has advised clients to position their portfolios for a significant upcycle in commodity markets, citing a convergence of structural factors that are set to drive sustained demand for hard
Chancellor John Healey is reportedly considering introducing additional taxes on the banking and oil sectors to generate extra government revenue. According to reports, Treasury officials view windfall levies on these
The global race for artificial intelligence is often portrayed as a battle of brilliant minds and sophisticated code. We imagine engineers in Silicon Valley or Beijing fine-tuning neural networks to
The United States has reached an agreement with Venezuela to assume control of more than 65 billion barrels of the South American nation’s proven oil reserves, President Donald Trump has