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Energy

  • Sizewell C: UK and France-owned EDF look to raise £20bn for Suffolk nuclear site

    January 11, 2024

    They hope to raise the money by the end of 2024, the energy minister responsible for the sector told the Financial Times.

  • Russia oil exploration hits record levels as Putin fights sanctions with drilling

    January 10, 2024

    Russia's 2023 drilling volumes broke post-pandemic records

  • Energy-inefficient properties could burn £370m hole in pockets of London businesses

    January 10, 2024

    Some 11.9 million sq ft of energy inefficient stock is set to arrive on central London’s market over the next three years, burning a £370m hole in businesses pockets.

  • One Thames Water storm overflow has been pumping sewage into a river for more than 900 hours straight

    January 10, 2024

    A Thames Water overflow drain has been pumping untreated sewage since 2023

  • Pennon acquires Sutton and East Surrey Water for £89m to expand southern England footprint

    January 10, 2024

    Pennon Group acquires SES Water for £89m in bid to expand to southern England.

  • UK electricity bills to stay at double historic average despite expected easing

    January 9, 2024

    Nearly 1 in four Brits will be cutting back on food, clothing or leisure activities to pay for electricity bills

  • France’s EDF to consider extending life of UK nuclear plants in boost for UK energy policy

    January 9, 2024

    EDF aims to extend the lifespan of Sizewell B (pictured) by 20 years

  • UK aims to break Russia’s stranglehold on nuclear fuel market with £300m uranium programme

    January 9, 2024

    Hinkley Point C is one of the government's flagship nuclear reactor programmes

  • Oil slumps as Saudi Arabia cuts pricing across the board

    January 8, 2024

    The price of oil fell four per cent today as one of the world’s largest-producing countries forecast price cuts across its suite of oil for the coming weeks. U.S benchmark WTI Crude had fallen 4 per cent as of 4pm GMT, while Brent Crude and Murban Crude logged slides of 3. per cent and 4.1 [...]

  • Ofgem warns Octopus, EDF and Scottish Power to ‘exhaust all options’ before forcing meter installations

    January 8, 2024

    Ofgem said the firms must "exhaust all other options" before considering the forced installation

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