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Energy
British energy firms fear collapse as European gas prices surge 250%
Aman Sharma | Getty ImagesLONDON — Britain's energy industry could be headed for a significant shakeup, industry insiders have warned, as countries all over Europe grapple with an unprecedented crisis in the power sector.Wholesale gas…
PowerHouse Energy PLC jigsaws coming together
The pieces of the jigsaw are coming together for PowerHouse Energy Group PLC () under the stewardship of chief executive David Ryan.
Close to a conclusion is an all-paper acquisition of PowerHouse’s development partner Waste2Tricity.…
Oil drops on sharp uptick in coronavirus cases globally
An aerial view shows pumpjacks in the South Belridge Oil Field on April 24, 2020 near McKittrick, California.David McNew | Getty ImagesOil prices slid on Monday as sharp spikes in new coronavirus infections around the world forced some…
Mosman Oil & Gas PLC adopting a sensible approach, suggests broker
“Against a challenging sector backdrop, Mosman has successfully monetised one of its projects."
Mosman Oil & Gas’s () trading update today underlines management’s focus on maximising production while retaining a prudent approach to…
‘World’s largest floating wind farm’ takes another step forward
Norway's Statkraft said Tuesday that a long-term purchasing agreement related to a floating offshore wind farm dubbed "the world's largest" had started, in another step forward for the emerging renewable energy sector.The Kincardine…
At least half of climate finance should be spent on adaptation
An iceberg is seen at the shore of a graveyard in Nuuk, Greenland, September 13, 2021.Hannibal Hanschke | REUTERSTo mitigate the effects of climate change, the world will have to spend at least 50% of total climate finance on adaptation,…
Oil steady as a rise in virus cases counters tighter supplies
An aerial drone view of a crude oil storage facility on April 23, 2020 in Cushing, Oklahoma.Tom Pennington | Getty ImagesOil prices were steady on Monday, supported by tighter supplies from major producers but held in check by concerns…
Coronavirus, fuel demand in focus
A kayaker passes in front of an offshore oil platform in the Guanabara Bay in Niteroi, Brazil, Saturday, Feb. 1, 2020.Dado Galdieri | Bloomberg | Getty ImagesOil prices rose in early trade on Friday, extending gains from the previous day…
88 Energy Ltd, Block Energy Plc, Union Jack Oil Plc, Touchstone Exploration
It was another active week in the small-cap oil and gas sector.
88 Energy Ltd (LON:88E) (ASX:88E) this week declared its takeover bid for XCD Energy unconditional and said the offer won’t be increased.
Earlier this week, 88 Energy…
FTSE 100 on the up as airline stocks surge higher
Headlines from the Proactive UK newsroom.
The FTSE 100 index rose again as airline stocks surged higher.
British Airways owner IAG led the way climbing 11% in the morning while the index jumped 71 to 6,412.
says it will soon be able…