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Energy

  • UK Finance: Square Mile HQ targeted by Extinction Rebellion as six arrested

    March 2, 2023

    The headquarters of UK Finance in the heart of the Square Mile have been targeted by environmental group Extinction Rebellion. The Bank-based trade association for UK banking was today targeted with paint and stickers, as protestors read out statements and stuck themselves to windows. Police arrested six members of the group after the building was [...]

  • Offshore energy industry pleads with Hunt for help: Windfall tax ‘rocked investor confidence’ amid US threat

    March 2, 2023

    The UK’s North Sea industry body has urged Jeremy Hunt to create an attractive investment climate to compete with rival energy markets.

  • Onshore wind reforms will fail to revive collapsed industry, renewable body warns

    March 1, 2023

    Government proposals to revive onshore wind will do nothing to remove the current de-facto ban, argued Renewable UK.

  • Uniper to hire EON UK boss Michael Lewis as new chief executive

    March 1, 2023

    Uniper has announced it intends to name EON UK boss Michael Lewis as its new chief executive and oversee its new strategy.

  • Pressure rises on government to ramp up insulation of UK homes amid fuel poverty worries

    March 1, 2023

    It will take 300 years for the government to meet its end-of-decade energy efficiency targets for British homes, warned NEA.

  • Shapps warns suppliers they must be ready to pass on cuts in wholesale prices to customers

    March 1, 2023

    Suppliers must be ready to pass on cuts in wholesale prices to customers as quickly as possible, Grant Shapps will insist in a speech today.

  • High fertiliser prices add £78m per month to farmers bills, says ECIU

    March 1, 2023

    High fertiliser costs are adding £78m to farmers’ monthly bills amid fresh food shortages, according to the ECIU.

  • Lack of government strategy putting UK decarbonisation goals at risk, NAO warns

    March 1, 2023

    The government lacks a plan for all electricity to be generated through clean energy sources by 2035, warned the National Audit Office.

  • Investors pocket record $1.56 trillion as oil and gas firms fuel dividend bonanza

    March 1, 2023

    Shareholders pocketed record dividend payouts last year in a bonanza driven by oil and gas firms cashing in on soaring energy prices, new research has revealed.

  • Gas markets plagued with uncertainty after Russia sanctions, IEA warns

    February 28, 2023

    The global gas balance remains fragile this year, with markets riven with uncertainty, warned the International Energy Agency.

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