Oil leaps as strikes on Yemen’s Houthi rebels fuels Straits of Hormuz closure fears January 12, 2024 Around 20 per cent of the world's oil passes through the Iran-controlled Straits of Hormuz each day
Oil engineer Wood Group sees profit lift as order book strengthens January 12, 2024 Oil industry services company Wood Group has posted a near double-digit profit uptick on the back of a bevvy of major contract wins.
Sunak: Nuclear is ‘antidote’ to UK energy security – but the road to safety is long January 11, 2024 A “shot in the arm” generally means the quick application of a solution to cure, or at the very least aid a solving a problem. But, the government’s nuclear answer to its energy security issues could take over half a decade if today’s launch of a new sector strategy is to be taken at face [...]
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