Ineos boss Sir Jim Ratcliffe has hit out at what he sees because the UK’s “total lack” of an power coverage, which he branded “completely irresponsible”.The billionaire proprietor of the chemical substances group accused the UK Government of looking for to discourage native oil...
The UK’s prime inventory index languished on Wednesday as meagre positive factors for power and mining shares did not offset heavier afternoon losses.The FTSE 100 misplaced positive factors from earlier within the day and closed firmly within the pink as traders proceed to be...
Regulators have given the go-ahead for the Rosebank oil and gasoline area to start out growing and producing fossil fuels, angering environmentalists and a few MPs.The Government has mentioned it's going to enhance the financial system and vitality safety with the North Sea Transition...
Private sector funding price as much as £100 billion is required to ship key initiatives to safeguard UK vitality safety, based on the offshore energies business.Offshore Energies UK’s 2023 Economic Report stated the sum can also be wanted to put in all of the...
The Wood Group has gained a 330 million greenback (£262 million) contract with the most important producer of oil and gasoline within the UK’s North Sea waters, it mentioned on Monday.The engineering and consulting enterprise mentioned it had entered right into a five-year contract...
The FTSE 100 made good points for the third day in a row amid the continued droop within the pound.London’s multinationals benefited from the weaker pound, which was impacted by analysts lowering their bets over how excessive rates of interest will peak, with many...
