Protest at Royal Courts of Justice underscores climate impact of big oil
There were scenes of protest today outside the Royal Courts of Justice on the Strand, as oil and gas licences in the North Sea came up for review.
Shell cuts low-carbon investment amid “discipline” drive, boosts CEO pay
The oil company has halved its low-carbon renewable and energy solutions investment target for 2030 to 10%, while boosting chief executive Wael Sawan's pay in 2025.
Miliband probes Heathrow outage to investigate grid ‘resilience’
UK energy secretary Ed Miliband has commissioned an investigation into the power outage at Heathrow airport on Friday.
Ceres Power strikes ‘record’ 2024
Fuel cell and electrolyser company Ceres Power generated record revenues and orders which narrowed losses in 2024, according to its final results for the year to 31 December.
Miliband: Net zero is ‘economic opportunity of the 21st century’
The transition to net zero is “the economic opportunity of the 21st century”, energy secretary Ed Miliband said on Wednesday.
Tokamak Energy to expand nuclear fusion partnerships with Eni, Japanese strategics
UK fusion technology developer Tokamak Energy plans to expand its global partnerships as it commercialises nuclear fusion based power generation.
The Emperor’s New Clothes: BP and Shell’s duck diplomacy
Oil and gas supermajors are kicking frantically below the water’s surface as they attempt to navigate the energy transition. In the second of a two-part series, we examine how BP and Shell have scaled back their low-carbon commitments.
MP for Truro and Falmouth calls for Cornwall offshore wind strategy
A Labour politician in Cornwall has called for the region to ramp up its domestic offshore wind supply chain.
Stranded energy assets put UK on course for $141bn loss, says study
The energy transition is unlikely to take place without the risk of casualties.
Climate groups back North Sea clean power overhaul
The UK government said on Wednesday that it plans to overhaul the North Sea as part of a mission to become a clean energy superpower.
Siemens Energy ties with Rolls-Royce on small modular reactors
A nuclear power division of Rolls Royce has struck a partnership agreement with Siemens Energy to roll out small modular reactors (SMRs), a type of distributed nuclear power plant.
Stark says UK power system needs £40bn a year investment
Chris Stark has said investment in the power system needs to nearly quadruple to more than £40 billion annually to meet UK decarbonisation targets.
Exposé: Hydrogen boiler trial yet to receive safety approvals amid ‘explosion’ fears
A hydrogen boiler trial in Fife, which is the only ongoing test of its kind, has yet to receive safety approvals months after the associated network was installed.
The Emperor’s New Clothes: Will supermajors survive the energy transition?
Oil and gas supermajors' swan legs are kicking frantically below the surface as they attempt to navigate the energy transition. In the first of a two-part series, we examine Equinor's approach.
Ørsted looks at continuously ‘rightsizing’ organisation
Ørsted has not ruled out redundancies after it said it will be “rightsizing” its organisation following the departure of former chief executive Mads Nipper.
Energy Voices – Max Aitken: Clean power – ‘now it’s kind of sexy’
Max Aitken has a richly studded career of investing in innovative clean energy start-ups. From an early investment in BP Pulse, to co-founding bioenergy company Estover, and solar carpark charging company 3ti, he was an early stakeholder in the energy transition.
North Sea oil and gas projects could be stopped post Rosebank and Jackdaw
Operators will need to wait until the new environmental impact assessment guidance is in place.
Starmer reforms nuclear planning to avoid being ‘hostage to Putin’
Prime minister Keir Starmer is placing his bets on small nuclear reactors to meet the country’s energy needs after a public backlash over big expensive nuclear projects.
Steel and chemical producers warn UK industry minister against ‘deindustrialisation’
Industry warns energy costs in the UK are among the highest in Europe, Asia, or the US due to net zero policies
Voltalis pledges £1bn after Ofgem demand response reform
An arcane Ofgem decision is bearing fruit. The regulator’s move to carve out space for demand-side response in the UK market has triggered a significant £1 billion investment from French energy technology company Voltalis.
BP is not moving fast enough in the energy transition
An impending ban on petrol cars and an upcoming government review of drilling licences has created a perfect storm for supermajors.
Siemens Energy share price recovers as it forecasts market – beating Q1
Siemens Energy AG’s share price recovered on Tuesday, rising 7.53%, after it released a preview of its first quarterly results following Chinese AI chatbot maker DeepSeek's rapid disruption of the US market that sent stocks in a tailspin this week.
Hydrogen ‘hard to beat’ but UK lacks incentives, says Mission Control boss
Chris Stark said at a Westminster committee hearing this month that the government will explore funding methods used for renewable power to support hydrogen storage.
East Suffolk MP warned “billions worthlessly invested” in Sizewell C
Campaigners have written to Member of Parliament for Suffolk Coastal, Jenny Riddell-Carpenter, about the billions spent on nuclear project Sizewell C, after costs were speculated to end up spiralling to £40 billion.
Scottish and UK government must work together, GB Energy inquiry told
The UK’s climate tsar Emma Pinchbeck warned against getting “left behind” in the energy transition.