NAO questions Octopus’ finances after Bulb takeover – but deal will save the taxpayer money March 29, 2023 The UK’s public spending watchdog has raised concerns over Octopus' “weaker financial position than its rivals” following its takeover of Bulb.
Ovo Energy weighs up Shell takeover in bid to overtake Octopus and EON March 29, 2023 Ovo Energy is weighing up a potential takeover of Shell's household energy business which could boost its books with 1.4m more customers.
Why National Grid needs to speed up renewable connections to win over energy investors March 29, 2023 National Grid needs to speed up grid connections for new renewable projects if it wants to win over more investors, argues Octopus.
Miliband slams North Sea oil and gas field as he unveils Labour’s Green Day March 28, 2023 Ed Miliband criticised the prospect of Rosebank - a new mega gas and oil field being approved in the North Sea.
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.