Energy

Production at all active licences suspendedduring Q2 2025 due to sanctions-related regulatory action.

UK Oil & Gas PLChas agreed to divest its wholly owned subsidiary, UKOG (GB) Limited, to Servatec Holdings Limited for a cash consideration of GBX 400,000. The transaction is contingent upon receiving standard regulatory approvals from sector authorities.

JPMorgan Cazenove downgradedCentrica Plc (LSE: CNA), the owner of British Gas, to ‘neutral’ from ‘overweight’ on Monday, citing a reduced scope for valuation upside. Alongside the downgrade, the investment bank trimmed its price target for the stock to GBX 167 from GBX 170. The …

John Wood Group PLC (LSE:WG) commonly known as Wood Group, is a UK-based global consulting and engineering firm focused on energy and materials markets. The company delivers services across a range of sectors, including renewable energy, oil and gas, chemicals, and infrastructure. Headquartered in …

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ITM Power plc (LSE: ITM)has signed the Front-End Engineering Design (FEED) contract for Uniper’s 120MW Humber H2ub® project, marking a key step in one of the UK’s most advanced hydrogen initiatives. This development follows the announcement on 8 May 2025 that ITM Power was …

Highlights