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Shares nosedive at Wood Group after Deloitte review finds ‘inappropriate management pressure’The UK oil services company John Wood Group has admitted that its financial results need to be restated, after a review found “cultural failings” led to inform…
Millions of devices have been left to go into ‘dumb’ mode, where they stop automatically transmitting readingsThe energy regulator for Great Britain plans to crack down on suppliers that bungle smart meter installations after millions of the devices ha…
CAA urged to tackle ‘flawed regime’ as it reviews whether to take further steps on airport’s regulatory modelBritain’s aviation watchdog will review the rules on “resilience” after Heathrow was closed because of a fire at an electricity substation.Euro…
Increase in pay package comes despite fall in profits and as oil company waters down pledge to cut emissionsThe oil company Shell has revealed plans to hand bigger payouts to its chief executive and shareholders – by pumping more oil and gas and halvin…
Members of public accounts committee raise concerns about culture and call for greater examinationBusiness live – latest updatesNuclear whistleblowers who try to draw attention to cultural and safety issues face bullying, MPs have warned.Members of par…
Trump administration accused of ‘quid pro quo’ for fast-tracking controversial fossil fuel proposal in MichiganDonald Trump’s administration is being accused by activists of a quid pro quo as it attempts to fast-track a controversial fossil fuel pipeli…
British steelmakers lobby for government to set limit to compete with France and GermanyThe British steel industry has called for capped energy prices for heavy industry in order to match France and Germany, as companies grapple with the fallout from D…
Oil giants retreat on climate pledges, embrace Trump-era fossil fuel policies at CERAWeek in TexasAt a major oil and gas conference in Texas this week, companies publicly retreated from their flashy climate pledges of years past, redoubling their commi…
The US president is making energy deals with Japan and Ukraine, and in Africa has even touted resurrecting coalDonald Trump’s repeated mantra of “drill, baby, drill” demands that more oil and gas be extracted in the United States, but the president has…
Chris Wright signals abandonment of Biden’s ‘irrational, quasi-religious’ climate policies at industry conference The world needs more planet-heating fossil fuel, not less, Donald Trump’s newly appointed energy secretary, Chris Wright, told oil and gas…