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Energy & power news

EDF applies to build Sizewell C nuclear plant in the UK
27th May
  • EDF submits an application to build Sizewell C nuclear plant in the United Kingdom.
  • The £17 billion to £18 billion project will power roughly 6 million homes in the UK.
  • The French utility company's Hinkley Point C project is likely to be completed in 2025.

Features & analysis

Latest Energy & power news

30th April
Tesla jumps 9% as the company records a £12.83 million profit in the first quarter
29th April
General Electric posts an 8% lower revenue in Q1 due to Coronavirus restrictions
28th April
British Petroleum’s first-quarter net profit slumps 67% on low oil prices
27th April
British Petroleum amends its £4.5 billion Alaska agreement following a crash in oil prices
26th April
Tesla asks some of its Fremont factory employees to return to work next week
20th April
Halliburton records a 25% lower revenue in North America
17th April
Schlumberger climbs 6.8% despite posting a massive loss in the first quarter
15th April
Berkshire Hathaway to accept Occidental Petroleum’s common shares as quarterly dividend
14th April
Exxon raises £7.58 billion to expand cash reserves while debt markets welcome new deals
8th April
British Gas says it will furlough 3,800 workers due to Coronavirus disruptions
7th April
Exxon to slash capital spending plans by 30% in 2020
2nd April
Centrica suspends dividends and announces cost-cutting measures on COVID-19 uncertainty
1st April
Global oil majors resort to cost-cutting as oil prices slip under £20 a barrel
27th March
Tesla to cut 75% of its workforce at its battery factory in Nevada
25th March
Chevron suspends share repurchase and cuts spending in 2020 on global oil price crash
23rd March
Shell reduces capital expenditures and suspends share buyback program to combat oil price crash
5th March
Mexico’s Private Sector Prepares an Investment Package Worth $92 Billion
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