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Energy

  • BP and ADNOC offer to buy 50 per cent of Israel’s Newmed Energy

    March 28, 2023

    BP and Abu Dhabi's state oil giant offered to jointly acquire 50 per cent of Israeli gas producer Newmed Energy for around $2bn,

  • Fix your leaks first: Environment Agency rejects Thames Water’s drought plan

    March 28, 2023

    Thames Water will have to plug millions of leaks before it is allowed to scoop up water from the River Thames to tackle droughts when they arise.

  • Why energy experts support Shapps’ slashing of the green levies

    March 28, 2023

    Shapps’ plan has received a warmer response from the industry, with the debate over shifting levies to taxes or gas bills.

  • North Sea oil and gas firms are struggling despite BP and Shell record profits, industry body warns

    March 28, 2023

    The record earnings of BP and Shell do not reflect the challenges most North Sea producers face from the windfall tax, argued OEUK.

  • Good Energy pushes forward with transition to green lifestyle brand in bid to stand out from Big Six suppliers

    March 28, 2023

    Good Energy's profit margins have been slashed. with higher prices for households not keeping pace with last year's spike in gas prices.

  • Harbour Energy to develop North Sea gas field despite threatening to pivot away from UK

    March 28, 2023

    Harbour Energy has been given the go-ahead to develop a new gas field in the North Sea, despite warning of plans to pivot from UK markets.

  • Oil sightings down 60 per cent after leak in Poole Harbour as clean-up plans launched

    March 27, 2023

    Sightings of oil in Poole Harbour following a pipeline spill are down 60 per cent after a clean-up plan begins to protect nature reserves.

  • Steel yourselves: Severfield announces record UK order book

    March 27, 2023

    Steel group Severfield has posted a bullish trading update, revealing a record order book for projects in the UK and Europe.

  • Miliband backs campaign calling for environmental assessment to be scrapped

    March 27, 2023

    A pro-growth campaign group has secured the backing of Labour frontbencher Ed Miliband for its energy security plans.

  • Energy firms installed nearly 100,000 prepayment meters before Shapps crackdown

    March 27, 2023

    Energy suppliers pushed through the forced installation of nearly a hundred thousand prepayment meters last year, data reveals.

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