Endeavour CEO has £22.8m pay packet withdrawn for alleged ‘serious misconduct’ after firing January 19, 2024 Sebastien de Montessus was ousted earlier this month for authorising and failing to disclose a £5m irregular payment.
British Gas named least favourite energy provider as Octopus keeps shining January 19, 2024 British Gas scored just over 50 per cent on overall customer satisfaction
Government’s controversial Drax biomass subsidy faces political backlash January 18, 2024 The UK government has published a consultation exploring different funding options for Drax's biomass-fired power plant
UK gas glut slashes one quarter off Harbour Energy’s returns sheet January 18, 2024 The FTSE250 company, Harbour Energy, which is now the largest independent oil producer in the North Sea, has projected 2023 revenues to come in at $3.9bn, down 27 per cent from $5.4bn in 2022.
UK biomass subsidies undermining efforts to stop global warming, report warns January 18, 2024 UK government biomass subsidies are undermining efforts to tackle climate change, a new report has warned.
UK’s decarbonisation efforts are worsening by the year, new report says January 17, 2024 Deployment of renewable energy projects, such as offshore wind, is repeatedly falling behind in the UK
‘More cash than we know what to do with’: The big questions for BP’s new chief Murray Auchincloss January 17, 2024 Murray Auchincloss, chief executive officer of BP Plc, during a panel session at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in Abu Dhabi, United Arab Emirates, on Monday, Oct. 2, 2023. The annual strategic energy conference runs from Oct 2-5. Photographer: Christopher Pike/Bloomberg via Getty Images
No LNG left in the Red Sea as Houthi attacks clear shipping waters January 17, 2024 https://www.cityam.com/lng-fleets-to-overtake-oil-supertankers-in-global-gold-rush/
BP company man Auchincloss named permanent chief January 17, 2024 BP was late on Tuesday night putting the finishing touches to the permanent appointment of interim boss Murray Auchincloss as CEO, according to reports.
UK government greenlights second stage of controversial Drax carbon capture project January 16, 2024 The decision letter, published this afternoon penned by the energy security and net zero minister Claire Coutinho, said that the government is satisfied the site can achieve 95 per cent capture efficiency and approved the site's zero rating.