Energy boss revives social tariff push as winter pain looms June 19, 2023 The government needs to use data to provide targeted support for up to 10m households ahead of winter, reigniting calls for a social tariff.
Oil prices stuck between global economic woes and China’s resurgence June 16, 2023 Oil prices have steadied today, with both major benchmarks on course for a modest weekly gain after a sustained slump.
Energy bill support took too long to reach consumers most in need, MPs conclude June 16, 2023 Energy bill support took too long to reach those most in need and the government must protect consumers from future price hikes, say MPs.
National Grid claims Britain at lower risk of losing power in the winter than last year June 15, 2023 Britain will be at a lower risk of losing power this winter than it was last time, according to a report from the company that runs the grid. National Grid’s Electricity System Operator (ESO) said on Thursday that power plants, wind farms and other generation methods are expected to be able to provide more than [...]
Ofgem slaps E.On with £5m fine as customers get compensation for poor service June 14, 2023 Power supplier E.On Next has been ordered to pay £5m in compensation to more than 500,000 customers for “unacceptable” call services.
Shell super-sizes dividend and ditches oil production cuts June 14, 2023 Shell will ditch a plan to gradually reduce oil production over the coming years and choose instead to “stabilise” production until the end of the decade. The bombshell announcement came in the same market update which revealed a 15 per cent dividend bump-up from the second quarter of this year. CEO Wael Sawan will also [...]
LNG fleets to overtake oil supertankers in global gold rush June 14, 2023 There will be more LNG ships than oil supertankers within the next five years, according to the latest findings from Global Data.
Government needs to do more to win over North Sea oil and gas firms wounded by windfall tax June 14, 2023 The government has made the North Sea's investment climate inhospitable for smaller oil and gas firms, warned a leading energy trade association.
Time to target NHS in energy efficiency drive, says sustainability boss June 14, 2023 The government should encourage public sector bodies such as the NHS to ramp up energy efficiency measures, argues SDCL.
Three million smart meters not working as intended as government rollout stalls June 14, 2023 The government is facing challenges in meeting its latest smart meter rollout targets as suppliers, warns the NAO.