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BRUSSELS, Sept 12 (Reuters) - Fossil fuel firms may have to share their excess profits to help European households and industries cope with red-hot energy bills, a draft European Union plan showed on Monday as the cost of the West's "energy war" with Russia took a growing toll.
Read moreLONDON, Sept 8 (Reuters) - Britain's energy and oil sector received a brief boost on Thursday after a UK plan to tackle the energy crisis excluded a windfall tax on record oil and gas profits.
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(Alliance News) - Stocks in London opened higher on Thursday morning as investors awaited an important interest rate decision from the European Central Bank, while a warning of surging costs dented shares in Associated British Foods.
Read moreBP PLC - London-based oil major - Electric vehicle charging business Amply Power will now operate under the name bp pulse. Under BP's global electrification brand, Amply's products and services will expand to new regions. The rebranding introduces bp pulse to the US and wider Americas, BP adds.
Read moreSept 7 (Reuters) - UK's FTSE 100 index fell on Wednesday as weak oil and metal prices pressured commodity-linked stocks, while worries over a possible recession and aggressive monetary tightening in major economies also weighed on sentiment.
Read more(Alliance News) - London's FTSE 100 underperformed in a lacklustre session on Wednesday, with share price falls for oil majors offsetting gains for energy suppliers, while the pound slumped to its lowest level in 37 years.
Read moreMILAN, Sept 7 (Reuters) - Italian energy group Eni said on Wednesday it had agreed to acquire BP's business in Algeria, including two major gas fields.
Read more(Alliance News) - BP PLC on Wednesday said it has agreed to sell its upstream business in Algeria to Eni SpA, for an undisclosed amount.
Read moreMILAN, Sept 7 (Reuters) - Italian energy group Eni said on Wednesday it had agreed to acquire BP's business in Algeria, including two major gas fields.
Read moreSept 7 (Reuters) - Israeli startup StoreDot has shipped production-ready samples of its fast-charge electric vehicle battery cells to strategic partners and potential customers as it moves closer to a planned 2024 production date, the company said on Wednesday.
Read more(Alliance News) - Stocks in London opened in the red on Wednesday morning as disappointing economic data from China hit FTSE 100 mining stocks and new data in the UK showed house price growth slowing in August.
Read moreSept 6 (Reuters) - British stock indexes ended higher on Tuesday boosted from financials and retailers as investors digested Liz Truss's appointment as new prime minister against the background of surging prices and looming recession.
Read moreSept 5 (Reuters) - UK's FTSE 100 index ended slightly higher on Monday as commodity stocks gained, while investors looked ahead to the appointment of Liz Truss as Britain's new prime minister against a deteriorating economic backdrop.
Read more(Alliance News) - A resilient FTSE 100 grew in confidence and edged marginally higher on Monday, though European peers struggled, in a downbeat session dominated by energy supply worries on the continent.
Read more(Alliance News) - Stocks in London were under pressure at the opening bell on Monday, as the mood turned sour on Friday evening after Russia shut off access to a key gas pipeline.
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