Oil markets consolidate July’s gains as China prepares stimulus measures July 24, 2023 Oil prices remain above $80 per barrel, with predictions of stimulus measures in China underpinning both major benchmarks.
Shapps has fired the starting gun on UK nuclear hopes but there must be no more delays July 24, 2023 Grant Shapps turned up fashionably late to the launch of industry vehicle Great British Nuclear, but the country needs no more delays.
Macquarie’s role in UK gas network should ‘concern’ government, MP warns July 24, 2023 Macquarie’s growing role in the country’s gas network has raised the concerns of the chair of an influential Westminster committee.
Octopus Energy pledges £15bn investment in offshore wind by the end of the decade July 24, 2023 Octopus Energy will team up with institutional investors to spend $20bn (£15.6bn) on offshore wind projects over the rest of the decade.`
Energy giants set for scrutiny as latest results come amid cost of living crisis July 23, 2023 Energy giants will be under fresh scrutiny this week, as the latest batch of results are announced by the world's largest oil and gas producers.
Shapps pledges to ‘max out’ North Sea’s oil and gas reserves July 23, 2023 The government will “max out” the UK’s remaining reserves of North Sea oil and gas, declared energy security secretary Grant Shapps.
UK rejects AMTE Power’s urgent plea for funds as it works to avoid administration July 23, 2023 AMTE Power faces an increasingly uncertain future, with its urgent pleas for financial support from the government have fallen on deaf ears.
Outfox the Market fined £1.8m as Ofgem scrutinises suppliers’ finances July 23, 2023 Outfox The Market will pay a hefty £1.8m for failing to provide financial data to Ofgem, which is scrutinising the economic stability of suppliers.
British Gas poised for record profits after Ofgem’s hike in price cap allowances July 23, 2023 British Gas is expected to post record profits next week, powered by Ofgem's decision to temporarily hike allowances for suppliers.
G20 fails to reach deal for slashing fossil fuels and ramping up renewables July 23, 2023 The G20 failed on Saturday to reach consensus on phasing down fossil fuels, following objections by some producer nations.