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Energy

  • Oil markets await new signals as demand fears offset supply cuts

    July 3, 2023

    Oil prices have barely moved this morning, with concerns over demand growth offsetting expectations of tighter supplies later this year.

  • Make smart meters mandatory or miss net zero goals, energy firms warn

    July 3, 2023

    Smart meters should be made compulsory to meet net zero goals and drive down ultra-high energy bills, argued two UK suppliers.

  • Thames Water woes expose wretched debt-plagued industry

    July 3, 2023

    Thames Water is in serious trouble, but its problems reflect challenges with debt and sewage spills across the industry.

  • EDF chief executive tells managers nuclear business to be reorganised

    June 30, 2023

    EDF's chief executive Luc Remont told managers yesterday that the state-owned power group's nuclear activities would be reorganised.

  • Oil markets suffer four quarters of losses as concerns grow over China slowdown

    June 30, 2023

    Oil markets are on the verge of a year-long slide in prices with a fourth consecutive quarter of losses.

  • British Gas owner boosts biggest gas facility storage – and calls for investment changes to ramp it up further

    June 30, 2023

    Centrica has expanded Rough but has called for changes in the investment regime for it to bring the site back to full capacity again.

  • Super sewer still on track despite Thames Water troubles

    June 30, 2023

    It is “inconceivable” that Thames Water’s financial woes will derail London’s new super sewer, says Tideway boss.

  • Energy costs to fall from July but bills still almost double pre-crisis levels

    June 30, 2023

    Households will pay less for their energy supplies from Saturday amid warnings bills will still be double the price before the crisis.

  • Thames Water and Ofwat face Westminster grilling over growing debt pressures

    June 30, 2023

    MPs will grill Thames Water executives and market watchdog Ofwat amid growing concerns over the finances of the UK's largest water supplier.

  • Yorkshire Water raises £500m from shareholders amid Thames Water troubles

    June 29, 2023

    Yorkshire Water has raised £500m from shareholders, as part of its long-term equity plan to invest nearly a £1bn over the next five years.

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