Norwegian state-owned oil company Equinor has announced a dramatic reduction in its renewable energy investments, cutting its green spending budget from £8 billion to £4 billion over the next two
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Danish renewable energy giant Orsted has announced the departure of its chief executive Mads Nipper following a catastrophic 80% decline in the company’s share value during his leadership tenure. The
In the shadow of a decommissioned nuclear power station, a former coal-handling port in North Ayrshire is set to host a £2 billion factory producing thousands of kilometres of subsea
The global offshore wind sector faced a significant setback as Danish energy giant Orsted witnessed a sharp decline in its share value following President Trump’s executive order to halt new
Donald Trump’s return to the White House has placed more than $300bn of potential federal infrastructure funding in jeopardy, sending tremors through the US investment community as they wrestle with
The anticipated cost of constructing the Sizewell C nuclear power station in Suffolk has seen a dramatic escalation, potentially reaching £40 billion – double the initial estimates presented to the
British Steel is set to abandon its plans for steelmaking on Teesside, dealing a significant economic blow to northeast England. The Chinese-owned manufacturer had initially proposed constructing a ‘green steel’
Renewable energy continues to forge ahead despite market pessimism following Donald Trump’s election. Whilst American sentiment wavers, European nations remain steadfast in their clean energy commitments. The European Union’s projected
Global technology companies must prepare to pay premium rates for energy and water resources to operate data centres in Malaysia, according to the country’s environment minister, as the surge in
Britain’s ambitious renewable energy plans are facing mounting opposition from rural communities as the Labour government pushes forward with extensive wind farm infrastructure projects. Local residents and environmental groups are
UK-listed investment trusts face mounting pressure to revolutionise their management fee calculations, potentially leading to substantial revenue reductions across the sector. The catalyst for this transformation emerged in December when
A significant development in Welsh renewable energy has emerged as Bute Energy, the country’s largest onshore wind farm developer, announces ambitious plans to install nearly 200 wind turbines across Wales
The government’s newly appointed value for money tsar faces mounting pressure to thoroughly examine the financial viability of the Sizewell C nuclear power station project, scheduled for final approval in
Growing disparities in electric vehicle (EV) charging infrastructure across the UK are threatening to derrapeur the nation’s transition to sustainable transport, according to a comprehensive analysis by consultancy firm Stonehaven.
British services exports are projected to reach a historic milestone of £500 billion in 2025, marking a remarkable doubling of foreign business over the past decade. The surge is primarily
The British steel sector has issued a compelling call for governmental commitment to domestic procurement amid ambitious offshore wind expansion plans. Recent data reveals a stark reality: a mere 2%
