Furukawa Electric and Tokamak Energy to explore UK manufacture of superconducting tape

Japan’s Furukawa Electric and UK nuclear fusion specialist Tokamak Energy will explore the establishment of high‑temperature superconducting (HTS) tape manufacturing in the UK. The feasibility study will assess research, prototyping and process options. Tokamak Energy… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]

Wärtsilä tests ‘world’s first’ 100% hydrogen engine, teases zero‑carbon power

Hydrogen

Finnish technology group Wärtsilä has successfully operated a large‑scale engine running on 100% hydrogen, supplying power to Spain’s national grid from its Bermeo, Spain test facility. The Wärtsilä 31H2 engine demonstrates that hydrogen can fuel high‑efficiency combustion engines capable of balancing renewable‑heavy grids. Hydrogen engines could replace natural gas peaking plants, complement long‑duration storage and […]

Why oil flows may take months to normalise despite the Hormuz deal

Physical bottlenecks remain: shipping lanes must be cleared of mines and debris; tankers are in the wrong place; and production facilities need repair, so a swift rebound in oil and gas flows is unlikely. Analysts… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]

Government launches new Sustainable Farming Incentive to support biodiversity

England’s new Sustainable Farming Incentive 2026 (SFI26) will open for applications on 30 June 2026 for small farms and those without existing Environmental Land Management (ELM) revenue agreements, with a second application window in September 2026. SFI26 has a budget of £240 million for new agreements. Up to £60 million is allocated to the first window; […]

Peace deal reopens Strait of Hormuz, sends stock markets soaring

Oil prices plunged and stock markets rallied after the US and Iran announced a draft peace deal that includes reopening the Strait of Hormuz and lifting a naval blockade. Brent crude fell around 5%, dipping toward $80/barrel, and global equity indices hit record highs. Analysts say the price fall may be temporary; resuming traffic through the […]

Shell mulls $1 billion offshore wind sale as retreat from renewables deepens

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Shell is reportedly preparing to sell offshore wind assets in a process that could raise more than $1bn, with Rothschild & Co and PJT Partners advising, according to reports. The planned sale would extend a… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]