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Energy

  • Shell hits backs at advertising watchdog after it labels green campaign ‘misleading’

    June 7, 2023

    Shell has hit back at the UK's advertising watchdog after it upheld a complaint against its green energy campaign.

  • Oil prices flatline as Saudi Arabia fails to prop up prices with heavy cuts

    June 6, 2023

    Oil prices have failed to take off following OPEC's decision to sustain heavy output cuts and Saudi Arabia's call to unilaterally slash production.

  • Labour government could deter investment in new energy projects, report warns

    June 6, 2023

    Some $30bn (£24.2bn) of investment in new UK energy projects is at risk if Labour wins the next election, a top energy consultancy has warned.

  • Shell to ditch retail energy arm as suitors circle its 1.5m UK customers

    June 6, 2023

    Shell has confirmed it has decided to exit its home retail energy businesses in the UK, Germany and the Netherlands.

  • Ofgem slaps SSE with £10m fine for overcharging National Grid

    June 6, 2023

    Energy giant SSE is to pay a £9.8m penalty after breaching its generation licence, the industry regulator has announced.

  • Starmer vows to ramp up ‘critical’ nuclear power as he fleshes out party’s energy plan

    June 5, 2023

    Labour leader Sir Keir Starmer has lent his support to the UK’s nuclear industry calling for a vast ramp-up in projects.

  • Energy sector needs ‘plans not bans’, says GMB union chief

    June 5, 2023

    Gary Smith, GMB general secretary, warned it would be a “huge mistake“ to put all the nation’s eggs in one energy basket.

  • Gold miner Polymetal eyes sale of Russian arm as bosses cut ties

    June 5, 2023

    Polymetal International could be eyeing up a sale of its Russian subsidiary following the resignation of its top two bosses.

  • Boosting renewables is the best way to just stop oil, says Octopus Energy boss

    June 5, 2023

    The best way to 'Just Stop Oil' is to accelerate the transition to renewable energy, argued the boss of Octopus Energy Greg Jackson.

  • Rosebank delay: Approval for North Sea’s largest undeveloped oil field could drag into summer

    June 5, 2023

    The approval process for the North Sea's largest undeveloped oil and gas could drag on into the second half of the year.

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