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Energy
Nestle CEO on plans to address young consumers’ sustainability concerns
The CEO of consumer goods giant Nestle told CNBC Thursday that sustainability concerns among its younger customers were "off the charts" and a major influence on purchasing decisions."If you win their hearts and minds, I mean, this is…
SSE PLC trims dividend, announces new decarbonisation investment plan
Operating profits from the firm's continuing businesses rose by 37% but reported profits were hit by charges on discontinued operations and the coronavirus pandemic
SSE PLC (LON:SSE) shares rose on Wednesday even as the utility unveiled…
Firm behind ‘most powerful tidal turbine’ to head up new project
This image shows Orbital Marine Power's 2 megawatt turbine, the Orbital O2.Scottish engineering firm Orbital Marine Power is to lead a consortium focused on the commercial deployment of floating tidal energy.In a statement on Monday, the…
Oil rises as OPEC+ laggards pledge better compliance
Oil pumps at sunset, industrial oil pumps equipment.Pramote PolyamateOil rose to above $42 a barrel on Friday, adding to gains in the previous session, after OPEC producers and allies promised to meet supply cuts and signs of demand, hit…
Oil prices rise on supply cuts, improving demand
An aerial view of oil tankers anchored near the ports of Long Beach and Los Angeles amid the coronavirus pandemic on April 28, 2020 off the coast of Long Beach, California.Mario Tama | Getty ImagesOil prices rose on Tuesday, with Brent…
Chevron delivers robust results and boosts the pace of its share buybacks
It was a very solid quarter from Chevron as the company is clearly realizing the benefits of higher energy prices.
Read More: Chevron delivers robust results and boosts the pace of its share buybacks
India will ‘never compromise’ on its strategic interests, minister says
India will not compromise on its strategic interest, a cabinet minister said on Wednesday, even as New Delhi and Beijing seek to defuse tensions after last month's border clash in the Himalayas.A "violent face-off" in the Galwan Valley…
Bahamas Petroleum to become full-cycle exploration and production company
's () Simon Potter speaks to Proactive London's Andrew Scott after announcing the recommended £25mln acquisition of fellow Caribbean and South America focussed oil junior ().
Potter says the combination will create a “Caribbean and…
Volvo says it wants all its cars to be leather-free by 2030
Volvo is one of several automakers looking to change the materials used in its vehicles.Artur Widak | NurPhoto | Getty ImagesVolvo Cars wants all the models it sells to be leather-free by 2030, a move which represents the latest example…
Wind energy giant Siemens Gamesa claims world-first in blade recycling
Wind turbine in backlightJorg Greuel | DigitalVision | Getty ImagesSiemens Gamesa Renewable Energy said Tuesday it had launched a recyclable wind turbine blade, a move which represents the latest example of how the industry is attempting…