City A.M

Latest articles from City A.M

• Environmentalists Take Aim At UK’s North Sea Oil Plan

  Published 28 July 2021 | viewed 540 times

  The High Court has today agreed to hear a case brought by environmental campaigners claiming that the government’s plans for the North Sea oil basin…

• UK’s Carbon Capture Plan Carries A Hefty Price Tag

  Published 22 July 2021 | viewed 1,529 times

  The cost of development of clean hydrogen and greenhouse gas removals could surpass £40bn by 2035, according to a new report by the UK’s carbon…

• Shell To Appeal Landmark Court Ruling

  Published 21 July 2021 | viewed 1,481 times

  Shell has today confirmed that it will appeal against a landmark court ruling requiring the oil giant to cut emissions faster than it had planned…

• China’s Crypto Crackdown Sparks A Mining Exodus

  Published 17 July 2021 | viewed 1,855 times

  The cryptocurrency industry in China was further hit today as Anhui province said it would close all crypto mining operations due to energy consumption concerns.…

• UK Households To Foot The Bill For New Nuclear Plants

  Published 10 July 2021 | viewed 5,305 times

  Households will reportedly soon see their energy bills hiked in order to pay for the construction of new nuclear power plants in the UK. Ministers…

• Scottish Electric Firm To Pledge $5.5 Billion In Net-Zero Push

  Published 06 July 2021 | viewed 610 times

  Scottish and Southern Electricity Networks (SSEN) may pledge over £4bn in the push for net-zero, the energy giant said in a draft business plan today.…

• Shell To Bow Out Of California Joint Venture With Exxon

  Published 06 July 2021 | viewed 11,070 times

  Shell is reportedly planning to quit its California-based joint venture with fellow oil supermajor ExxonMobil as it looks to accelerate its transition away from fossil…

• UK Government Must Keep Investing In Nuclear Power Capacity

  Published 30 June 2021 | viewed 980 times

  The UK government has today been urged to make sure that the country has at least 10 gigawatts of operational nuclear capacity by the early…

• Everything You Need To Know About Musk’s New Passion Project

  Published 02 March 2021 | viewed 5,375 times

  Elon Musk is nothing if not divisive. But if there’s one thing about the world’s richest man that people tend to agree on, it’s that…

• UK Energy Suppliers To Pay £10.4m Fine For Overcharging Customers

  Published 02 March 2021 | viewed 959 times

  Ofgem has this morning charged 18 energy suppliers, including British Gas, Shell, and Scottish Power, a combined £10.4m for overcharging their customers. In total, over…

• A New Commodities Supercycle Is Looming

  Published 23 February 2021 | viewed 5,462 times

  Bankers at Goldman Sachs were the first off the line, declaring that the Covid-19 had created the right structural conditions for the same kind of…

• Amazon Becomes The Largest Corporate Buyer Of Renewable Energy

  Published 13 December 2020 | viewed 1,916 times

  Amazon has announced 26 new utility-scale wind and solar energy projects, making it the largest-ever corporate purchaser of renewable energy. The company has now invested…

• Shipping Giants Clash With The EU Over Emissions Plans

  Published 27 November 2020 | viewed 3,039 times

  Japan, South Korea and a fleet of international shipping groups have warned the European Union against its plan to add greenhouse gas emissions from the…

• UK Energy Giants Back Carbon Trading Over Carbon Tax

  Published 26 November 2020 | viewed 3,485 times

  Leading energy companies have urged the UK to embrace carbon trading after the Brexit transition period concludes and not adopt a carbon tax instead. In…

• The COVID Vaccine Could Kill The Gold Rally

  Published 23 November 2020 | viewed 3,282 times

  Gold prices were on track to fall for a second consecutive week as investors chanced their arms on equities again on news of not one…

• UK Renewable Giant Suffers Despite Green Energy Push

  Published 19 November 2020 | viewed 3,931 times

  Energy giant SSE today said that profit before tax had fallen a quarter in the first half of the year due to the coronavirus pandemic.…

• Premier Oil Set To Merge With North Sea Rival

  Published 07 October 2020 | viewed 3,526 times

  Premier Oil this morning announced that it had agreed to merge with fellow North Sea explorer Chrysaor in a deal which will make the firm…

• UK Company Buys American Energy Supplier

  Published 30 September 2020 | viewed 3,319 times

  Challenger energy brand Octopus has today continued its international expansion with its first foray into the massive US market. The firm, which has grown rapidly…

• Scottish Oil Explorer Books $324 Million In First-Half Losses

  Published 30 September 2020 | viewed 2,255 times

  Oil explorer Cairn Energy today booked a $324m (£251.8m) loss for the first half after it was hit by a hefty impairment charge related to…

• Boris Johnson: UK Will Lead The World In Transition To A Net-Zero Economy

  Published 25 September 2020 | viewed 3,704 times

  Boris Johnson has said that the UK will lead the world in the world in the transition to a net-zero economy, saying that climate action…