Construction of the Hinkley Point C nuclear plant being built in Somerset, UK will be delayed with costs revised to be £500m more than previously thought, EDF, the energy giant behind it said
European markets were flat due to losses in technology and mining sectors and while investors waited for US Federal Reserve’s policy decision
Gold prices remain volatile as the US central bank ponders another interest-rate cut. Despite trading well below the high point seen last summer, bullion seems to be resisting an embedded downswing.
Workers that have been trapped in a gold mine in China may have to wait another 15 days before they can be rescued due to a “severe blockage” on the escape route they intend to make
Vale, the world’s second-biggest iron-ore miner, is buying out minority stake partner, Japan’s Mitsui & Co, in a coal mine and port project in Mozambique
The construction of new wind and solar power plants in China more than doubled in 2020 since the previous year, government data showed
France’s central bank has said it is to stop investing in firms that make revenue from gas, oil and coal by 2024
Oil prices have staged a strong rally during the last three months, powered by hopes of economic recovery from the coronavirus in the west and expansion in China. But new lock-downs in the face of continued spreading of the virus have cast doubt on this scenario.
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Total is investing $2.5bn for a 20 per cent stake in Indian renewable energy firm Adani Green Energy Limited (AGEL) and a portfolio of solar power assets
Crude oil prices have rebounded from the depths seen during periods of last year, and producing countries are taking credit for maintaining output curbs. But uncertainties over the future of global economic growth overshadow the medium-term prospects.