OPEC+ decisions not politicised, Saudi energy minister insists February 20, 2023 Decisions by OPEC+ are not politicised, argued Saudi Arabian energy minister Prince Abdulaziz bin Salman.
Energy providers demand government incentives to stop UK providers losing out on green projects February 20, 2023 The energy sector is ramping up pressure on the government to bolster the investment climate for green projects.
Water companies ordered to share plans for fixing sewage spills as Coffey considers tougher fines February 20, 2023 Water companies across England will have to explain why storm outflows are happening and what is being done to fix them.
UK risks missing energy goals due to poor investment climate, industry body warns February 20, 2023 Britain’s climate targets and energy security goals are at risk from its poor investment environment, warns Energy UK.
BP and Shell: Will the mega profits of energy giants power our greener future? February 20, 2023 BP and Shell have pledged to ramp up renewable spending to meet the UK's climate and energy security goals, but can we trust them?
Oil prices to stay high this year on China reopening and OPEC output snags, experts predict February 19, 2023 Oil prices will be propped up this year by rebounding demand from China alongside tightening supplies into Europe and OPEC's capacity issues.
EDF: Inflation drives Hinkley Point C nuclear plant costs from £26bn to £33bn February 18, 2023 EDF has told investors that the cost of Hinkley Point C nuclear plant could balloon to £33bn, a near 30 per cent hike on previous estimates.
New nuclear will make UK more competitive February 17, 2023 | Sponsored For 65 years, nuclear power has been an integral part of the UK’s electricity system, providing low carbon and reliable power to UK homes, public services and businesses. However, there is much work to be done in modernising and increasing nuclear capacity if the UK is to keep the lights on and hit net zero [...]
EDF UK rakes in £1.1bn profits powered by record electricity prices February 17, 2023 EDF UK has raked in hefty profits, with soaring electricity prices powering its rebound from last year's losses.
British Gas owner Centrica posts £3.3bn record profit – more than treble last year’s £948m February 16, 2023 British Gas owner Centrica has unveiled record profits of £3.3bn - powered by soaring energy prices and historic market volatility.