Oil prices show signs of recovery after banking crisis subsides and commodity investors reassured March 17, 2023 Oil prices suffered their biggest weekly falls since December as a banking crisis rocked financial markets and spooked investors.
Rolls-Royce wins funding to develop nuclear reactor for Moon exploration March 17, 2023 Rolls-Royce has received £2.9m funding from the UK Space Agency to develop a nuclear reactor for a Moon base.
Ofgem smacks supplier with £2.1m mega-fine for overcharging customers March 17, 2023 Ofgem has slapped United Gas & Power with a hefty £2.1m fine after determining it had breached its licence conditions.
EU announces plans to lead green industrial revolution March 16, 2023 The European Commission presented the centrepieces of a strategy on Thursday to ensure the EU can compete with US and China.
UK risks losing out on green energy projects under latest government auction plans March 16, 2023 The UK will miss out on vital investment in energy projects in the upcoming renewable auction this month, warned Renewable UK.
Oil markets stabilise after Credit Suisse crisis sank prices to a15-month low March 16, 2023 Oil markets have calmed after sliding to 15-month lows yesterday, with tensions easing after Credit Suisse was given a £45bn emergency loan.
Energy bosses urge Hunt to bring in social tariff to support vulnerable households March 16, 2023 Energy bosses have called for a social tariff to ease pressure on households facing record bills, with Hunt extending support in the Budget.
Coal for Christmas? National Grid to pursue emergency supplies for next winter March 16, 2023 National Grid has been requested by the government to explore the procurement of coal power plants for next winter.
Grant Shapps backs nuclear power in net zero push March 16, 2023 Nuclear must form part of a decarbonised portfolio of energy production, argued Grant Shapps, energy and net zero secretary.
Oil demand set for huge boost from China with 2023 to end ‘with a bang’, says IEA March 15, 2023 The IEA says oil demand is edging up slowly but is set for a huge boost from resumed air travel and China's economic reopening.