The ongoing crisis in the Strait of Hormuz has led to a significant disruption in shipping activity, causing Brent crude prices to surge by nine per cent. On a recent
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The growing disparity in electricity prices between the UK and France has raised significant concerns for British businesses. Recent findings indicate that UK manufacturers are paying over 80 per cent
A London-based technology firm, Tem, has secured $75 million in a funding round led by US investor Lightspeed Venture Partners. The investment values the four-year-old company at approximately $300 million
The chief executive of the UK’s largest energy supplier has signalled a potential initial public offering for Kraken, a £6.4 billion software business, in London, contingent upon policymakers reversing the
Flooded coalmines across the UK could soon find a new lease of life as sources of low carbon geothermal heat, offering a bold answer to both energy costs and carbon
The chief executive of BP has asserted his confidence in delivering a long-awaited turnaround for the energy giant, even if oil prices decline further. After a year marked by a
Global reliance on coal is unlikely to decline substantially in the near future for several reasons. Coal remains one of the most affordable and widely available energy sources, especially vital
At the heart of the Tibetan Himalayas, the Yarlung Tsangpo River carves a path through the world’s deepest canyon system, culminating in a dramatic horseshoe-shaped bend known as the Great
Shares in Ørsted, the world’s largest developer of offshore wind farms, endured a dramatic drop after the group announced a £7.4 billion capital raise. The funding move followed a wave
The UK government’s plan to support onshore wind power growth in Scotland beyond 2030 has raised significant concerns among key developers. Despite projections that onshore wind capacity in Scotland will
