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Plausible for UK to become global clean energy superpower if investment is ramped upThe UK could unlock £70bn every year by generating enough clean electricity to become a major exporter of energy to mainland Europe, according to a former government ec…
Macquarie has option for all of National Grid gas transmission and metering despite tainted history of owning utilitiesMinisters have been urged to intervene if Australian banking powerhouse Macquarie pushes the button on a mooted £3bn deal to take ful…
Warning comes as UK watchdog set to tighten rules for asset managers given short-term targetsPeople investing their pensions in funds that claim green credentials are being warned they may actually be backing the world’s largest oil and gas companies.C…
Payments were given in scheme to reduce electricity consumption during high demand to help avoid winter blackoutsHouseholds and businesses in Great Britain saved enough electricity over the winter to power 10m homes by reducing their energy use during …
Pirc and Church of England back calls for investors to vote against Sir Andrew Mackenzie at AGMAn influential investment adviser has added its weight to a move to oust the Shell chair, Sir Andrew Mackenzie, at next week’s annual shareholder meeting as …
World’s largest energy company’s first-quarter profits fall by 19% to $32bn after dip in oil pricesThe Saudi government looks likely to reap greater revenues from the state-backed oil group Saudi Aramco despite the company posting a near-20% fall in qu…
Exclusive: Company accused of ‘lobbying and greenwashing’ for more fossil fuels despite knowing of risksThe Italian oil major Eni is facing the country’s first climate lawsuit, with environmental groups alleging the company used “lobbying and greenwash…
Deal for London business district will meet almost three-quarters of electricity demand from wind powerOffices and retail spaces across the Canary Wharf business district will soon be powered by clean energy generated by a windfarm in Scotland.Canary W…
Environmentalists from the Philippines urge investors to avoid LNG projects which they say threaten the Verde Island PassageCampaigners from the Philippines have urged British banks not to fund the expansion of fossil fuel use in their country. It foll…
Oil and gas company beats analysts’ forecasts, with profits reaching $5bn in first three months of yearLabour calls for firms to pay more tax on £60m-a-day profitsAnalysis: does UK need to drill for more North Sea oil and gas?Bumper profits at BP have …