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.
Oil prices rise as Saudi Arabia pledges further cuts at crunch OPEC+ talks June 5, 2023 Oil prices are up on both major benchmarks after Saudi Arabia cut output by another million barrels per day from next month.
Here comes the sun: Households are key for a solar rooftop revolution June 5, 2023 A bumper year for renewables will be powered by solar power installations, and the government needs to use this momentum to reach net zero.
Labour’s plan to wind down oil and gas extraction is ‘naive’ and risks ‘cliff edge’ for production, union chief warns June 4, 2023 Labour’s energy plans are “naive” and the party risks creating a “cliff edge” for production, a union chief has warned.