Pennon mega-deal for Sutton and East Surrey Water facing competition probe March 7, 2024 Pennon paid £89m in equity but the total enterprise deal was worth £380m
Harbour Energy records drop in revenue and production as windfall tax weighs March 7, 2024 Harbour's chief executive said the tax all but "wiped out" the firm's profits in 2022
Government’s £800m offshore wind auction budget not enough, analysts warn March 6, 2024 Despite a budget increase, the UK's next round of auctions for offshore wind looks set to disappoint on power generation returns.
Spring Budget 2024: Hunt extends windfall tax on oil and gas industry March 6, 2024 Hunt said that the energy price increases are likely to last longer and so too will the sector's windfall profits
Spring Budget 2024: Hunt completes nuclear u-turn with £160m Hitachi deal March 6, 2024 Hitachi abandoned the Wylfa project in 2020 over long delays and ballooning costs
Spring Budget 2024: Hunt confirms fuel duty freeze in boost for UK motorists March 6, 2024 The government will spend £5bn on freezing fuel duty as part of the Spring Budget, in a major tax break for UK motorists
One Thames Water overflow in leafy Surrey has been leaking sewage for six days straight March 6, 2024 The firm recently said in its turnaround plan that more leakages were expected for the next year while it worked to fix operations
Production up, revenue down as Tullow Oil hit by oil price correction March 6, 2024 The Africa-focused group saw revenue drop on the year prior weighed down by a weaker oil price.
Telecom Plus has no plans to slow down after signing up millionth customer March 6, 2024 The FTSE 250 listed company, which provides energy, broadband, mobile and insurance services through one account, made the announcement to markets this morning.
Newcleo starts plans to ‘decarbonise oil and gas’ and go nuclear instead March 5, 2024 Newcleo is seeking to raise an additional £855m in equity this year to expand its nuclear project pipeline