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Energy

  • Ofgem boss reignites calls to reform energy price cap as winter looms

    October 19, 2023

    Ofgem boss Jonathan Brearley has doubled down on his criticisms of the energy price cap, raising doubts over its future role in the market.

  • Untreated sewage illegally spilled for years, Welsh Water admits

    October 19, 2023

    Dozens of Welsh Water treatment plants have been illegally spilling untreated sewage for years, the company has admitted.

  • Energy sec Coutinho defends renewables investment but ‘conscious’ of US and EU ramping up subsidies

    October 19, 2023

    Energy secretary Claire Coutinho has defended the government's green record amid challenges from rival markets.

  • Ofgem launches crackdown on energy firm customer service standards

    October 18, 2023

    Energy firms must prioritise vulnerable customers and contact those who miss payments in a crackdown on customer service standards by regulator Ofgem.

  • Water companies need vast sums to meet improvement plans, Moody’s warns

    October 18, 2023

    Water companies across England and Wales will need to find hundreds of billions of pounds to meet their commitments, says Moody's.

  • National Gas boss warns businesses could be threatened if network scrapped

    October 18, 2023

    The head of the UK's gas networks has urged the government not to scrap the country's pipelines in favour of electrification of the grid.

  • Morgan Stanley locked in secret London court battle to seize Russian oil firm

    October 18, 2023

    Morgan Stanley is locked in a secret London court battle as part of an attempt to seize ownership of an oil firm in southern Russia on behalf of a group of Russian lenders, City A.M. has learned. 

  • Greta Thunberg arrested in London as oil chiefs urged to stop funding politics

    October 17, 2023

    Climate activists including Greta Thunberg have been arrested after they gathered outside a central London hotel protesting oil firms.

  • Oil markets await fresh signals ahead of Biden’s visit to Israel

    October 17, 2023

    Oil prices have risen slightly on both major benchmarks with investors awaiting fresh signals amid sustained geopolitical uncertainty.

  • CMA launches probe into Worcester Bosch amid ‘greenwashing’ boiler claims

    October 17, 2023

    It will also look at information given by Worcester Bosch about the use of hydrogen for home heating in the UK

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