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Energy

  • North Sea countries to pledge massive ramp up of wind energy

    April 22, 2023

    Energy ministers from European countries surrounding the North Sea will pledge to quadruple offshore wind energy capacity.

  • EU gas supplies in strong shape after winter of mass rationing

    April 20, 2023

    The EU has emerged from winter with its energy supplies in robust shape, with storage levels above average and gas prices falling.

  • BP chairman at risk of being ousted in shareholder revolt

    April 20, 2023

    BP chairman Helge Lund is at risk of being ousted in a shareholder revolt, with five pension schemes set to vote against his re-election.

  • North Sea industry blames windfall tax for sharp declines in oil and gas production

    April 20, 2023

    The UK's North Sea industry is set for a steep decline in production and capital expenditure, according to the latest data from NSTSA.

  • Interview: Ovo Energy’s boss bets on green future to cement Big Six status

    April 20, 2023

    Ovo Energy’s CEO Raman Bhatia talks about the sector’s latest challenges, from driving renewable energy to rethinking forced prepayment meters.

  • Russian ships accused of plotting North Sea sabotage with ghost ships

    April 19, 2023

    The UK is under threat from a Russian programme to sabotage wind farms and cables in the North Sea, according to new allegations.

  • Glencore willing to sweeten $23bn bid for Teck, ramping up pressure on board

    April 19, 2023

    Glencore said today that it is willing to improve its $23bn (£19.7bn) bid for Teck Resources, ramping up the pressure on Teck's board to negotiate with mining giant.

  • Analysis: Could Ofgem’s prepayment meter crackdown end up fuelling ‘bad debt’?

    April 18, 2023

    Ofgem and Energy UK have warned over bad debt after the latest clampdown on prepayment meters failed to ban forced installations.

  • Shell restarts Pierce field operations in UK North Sea

    April 18, 2023

    Shell has restarted operations at the Pierce field in the Central North Sea, following an upgrade to allow gas to be produced at the location.

  • UK has enough gas for summer demand, National Gas Transmission confirms

    April 18, 2023

    The UK will have sufficient gas supply to meet demand from April to September and is expected to sustain flows to Europe

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