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Energy

  • Water suppliers will face unlimited fines for sewage dumping, Coffey confirms

    April 3, 2023

    Water suppliers are set to face unlimited fines for sewage dumping in the government's latest action plan to crack down on poor performance.

  • Harbour Energy ramps up industry calls for price floor inclusion in windfall tax

    April 3, 2023

    Harbour Energy has made fresh warnings about the UK’s investment climate amid uncertainty over a price floor in the windfall tax.

  • Teck Resources snubs takeover offer from commodity giant Glencore

    April 3, 2023

    Canada's Teck Resources revealed on Monday that its board has rejected an unsolicited acquisition proposal from Swiss commodity firm Glencore.

  • FTSE 100 close: Shell and BP lift London higher as OPEC production cut boosts oil giants

    April 3, 2023

    London’s FTSE 100 was dragged up by its oil giants at the beginning of the week, as OPEC’s cut to production saw BP and Shell climb.  The capital’s premier index closed up 0.54 per cent at 7,673.00 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK [...]

  • Australia critical mineral export revenue to match coal by 2028 as green push accelerates

    April 3, 2023

    Revenue from Australia's exports of critical minerals like lithium and nickel will nearly equal coal by 2028.

  • British Gas owner Centrica would STILL have lost Bulb case even without ‘undue delay’, court docs show

    April 3, 2023

    Centrica would have seen its legal challenge over Octopus' deal refused even without the "undue delays," court documents show.

  • Green Day’s Good News: Here are the winners in the energy sector

    April 3, 2023

    Green Day is over - with much of the energy industry disappointed. But there were some winners which CityAM highlights.

  • Ithaca Energy hesitates over stake in controversial Rosebank oil field

    April 3, 2023

    Ithaca Energy is hesitating over plans to develop Rosebank, unless a price floor is brought into the windfall tax, CityAM understands.

  • Recharge looks to rehire former Britishvolt execs as rescue deal falters

    April 2, 2023

    Recharge has been holding talks with two former top executives amid concerns its attempt to rescue Britishvolt is faltering.

  • British Gas, Scottish Power and E.On LOSE High Court row over handling of Bulb sale – but it might not be over yet

    March 31, 2023

    Three major energy suppliers have lost their High Court challenge over the Government’s handling of the sale of collapsed energy firm Bulb.

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