Customers will be hit with higher bills to help Thames Water, interim boss admits July 12, 2023 Customers will have to foot the bill for improving Thames Water's creaking infrastructure and poor operational performance.
‘Polluters must pay’: Therese Coffey announces unlimited fines for environmental damage July 12, 2023 Environmental polluters face the prospect of unlimited fines penalties, the government has confirmed in its latest clampdown.
Consumer behaviour change essential for reaching net zero, UK’s electricity system operator warns July 12, 2023 Britain will struggle to reach net zero carbon emissions over the next three decade unless consumers are prepared to change their consumption behaviour, according to the latest study from National Grid's electricity system operator (ESO).
Global energy demand will soar over next two decades, says OPEC July 11, 2023 Global demand for all forms of energy is forecast to rise 23 per cent through 2045, according to OPEC's latest forecasts.
Rosebank: UK’s biggest oil and gas field faces fresh delay amid regulator concerns over net zero goals July 11, 2023 Approval for Rosebank, the UK's largest undeveloped oil and gas field, has been delayed by regulators again.
Rising critical mineral supplies could help meet demand to fight climate change July 11, 2023 Supply of minerals critical to the energy transition could move close to levels needed to support climate pledges by 2030.
British Gas owner Centrica seals £6.2bn US LNG mega deal – that could power five per cent of UK homes July 11, 2023 British Gas owner Centrica has signed a new £6.2bn ($8bn) mega deal with Delta Midstream for 1m tonnes per annum of LNG for 15 years.
Thames Water hangs on, but its future, and the health of our waterways, remains unclear July 10, 2023 Thames Water’s reprieve this morning may have refreshed the company’s coffers, but the firm remains parched of funding for its future ambitions.
Thames Water taps shareholders for extra £750m in bid to avert collapse July 10, 2023 Debt-laden Thames Water has secured an extra £750m of equity funding from shareholders, as the firm races to avoid nationalisation.
Oil sorted? OPEC gambles on demand revival to boost flagging prices July 10, 2023 OPEC and its allies are banking on demand to rebound and prop up oil prices. If they're wrong, it's time to reassess their influence.