Shell mulls $1 billion offshore wind sale as retreat from renewables deepens
June 15, 2026
Shell is reportedly preparing to sell offshore wind assets in a process that could raise more than $1bn, with Rothschild &
Finance & Legal
National Grid secures over £1 million for innovation projects
June 12, 2026
Five projects led by National Grid and its electricity distribution arm have secured more than £1 million in funding from the latest
Ofgem finds energy suppliers financially stronger but warns risks remain
June 11, 2026
Ofgem’s 2026 Supplier Financial Resilience Report shows that domestic suppliers held £6.8 billion in regulatory capital in March 2026, more than
Crown Estate to retender Morgan offshore wind site as pipeline grows
June 11, 2026
The Crown Estate will launch a competitive tender next month for the 1.5 GW Morgan offshore wind site in the Irish
Norway orders review of 35 billion NOK floating wind subsidy
June 10, 2026
Norway’s parliament has unexpectedly ordered a review of a 35 billion NOK (£2.6 bn) subsidy for the Utsira Nord floating wind project, raising
UK invests £50 million in Somerset flood resilience amid record rainfall
June 10, 2026
The UK government has announced a £50 m package to bolster flood defences in Somerset after the county experienced its second‑wettest January
BP’s new organisational structure – a return to upstream and downstream
June 10, 2026
BP will reorganise into two main business units – upstream and downstream – under new chief executive Meg O’Neill. The change reverses
China leads surge in low‑carbon industrial investment – Mission Possible Partnership
June 9, 2026
The Mission Possible Partnership (MPP) recorded 19 low‑carbon industrial projects reaching final investment decisions (FIDs) globally between November 2025 and April
Legal & General argues energy transition ‘alive and well’ despite investor doubts
June 8, 2026
Legal & General’s Climate and Nature Transition Plan 2026 argues that talk of a stalled transition is misplaced, emphasising that renewable
Sweden’s Blykalla pursues advanced nuclear park with state‑backed financing
June 5, 2026
Sweden’s Blykalla has applied for a share of the country’s 440 billion krona (£47 billion) package of cheap loans and 40‑year
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