After Drax’s £2 billion carbon capture biomass project was rejected for Track-1 status by Energy Secretary Grant Shapps, the owner of the UK’s largest power station is urgently seeking a
It is anticipated that the UK government will provide windfall tax relief to energy companies
Next week, the UK government is expected to offer windfall tax relief to its oil and gas companies. This move aims to boost investments and enhance the country’s energy security,
Following the resurgence of China, the price of oil is projected to reach $90.
Major analysts have suggested that due to China’s recovery from years of Covid lockdowns, the price of oil may rise to nearly $90 a barrel this year.
Traders Cafe with Zak Mir: Bulletin Board Heroes, Wednesday 22nd March 2023
Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Critical, Eurasia, Evgen,
Following the discovery of additional cracks, EDF has been directed to inspect 200 nuclear pipe weldings.
The French nuclear safety authority, ASN, has mandated that EDF carry out inspections on approximately 200 pipe weldings throughout its 56-reactor fleet.
Tonight, as the cold snap raises the risk of blackouts, emergency coal plants are being fired up
Amid a cold snap sweeping Britain, power plants in the country have been directed to generate more electricity and emergency coal generators have been activated as a precautionary measure against
RNS Hotlist with Zak Mir: CUSN, CGNR, MARU, GROC, TOM, CORO, ATC, GGP, SEE, PANR, POW, LND, IOG, TXP, BVC & HZM
This post was written by Zak Mir, a Technical Analyst, Events Host, Presenter, CEO Interviewer and established Market Commentator.
The UK’s Supreme Court is set to consider a landmark case regarding sewage in the country’s waterways.
On Monday, one of the UK’s largest privatised water companies will argue in the Supreme Court that it should not be held responsible by private landowners and individuals for sewage
Energy providers prepare for Jeremy Hunt to extend bill support
Jeremy Hunt is expected to extend the government’s energy price guarantee at its current level for three more months, preventing household bills from increasing by an average of £500 from
The oil and gas sector in the UK has raised concerns that the imposition of windfall taxes is discouraging investment in the industry
According to the trade body of the UK oil and gas industry, Offshore Energies UK, companies in the sector are reducing their operations in the North Sea and prioritizing investment
UK Energy bills to rise by £500 under Ofgem price cap
Starting from April, Ofgem is reducing the maximum amount energy suppliers can charge consumers by almost £1,000. The regulator has cut the price cap to £3,280 from the current £4,279