DCC, one of FTSE 100’s biggest energy firms, agrees £5.75bn takeover
US private equity firms KKR and Energy Capital Partners agreed to acquire energy company DCC for £5.75bn, joining a wave of UK-listed firms going private.
Shell’s profits more than double after jump in oil and gas prices
Shell’s net profit more than doubled to $9.8 billion in the second quarter, driven by surging oil and gas prices following Middle East tensions and disruptions to global energy supplies.
VICTORY: Court Overturns Trump Administration’s Wind Pause
A federal court ruled that the Trump administration’s freeze on wind project reviews violated statutory deadlines and ordered the Department of Defense to resume evaluations.
Why Trump’s Waiver of the Jones Act Is Unlikely To Lower Gas Prices
President Trump is considering extending a suspension of the Jones Act to lower gasoline prices ahead of midterm elections, though analysts suggest the policy’s impact on pump prices would be minimal.
North Sea oil industry urges Burnham to approve new drilling in UK waters
North Sea oil industry urges incoming PM Andy Burnham to approve new drilling in UK waters, arguing it supports reindustrialization and energy security alongside renewable energy transition.
Bank of England to stop accepting bonds linked to coal for key loans
The Bank of England will stop accepting thermal coal-related bonds as collateral for commercial bank loans starting in October, citing climate and financial risks.