EU nations agree deal to reduce energy consumption by almost 12 per cent March 10, 2023 European Union member countries and negotiators from the EU Parliament have agreed on a provisional deal aimed at reducing energy consumption across the 27-nation bloc. Under the agreement, EU countries must achieve the goal collectively to ensure a reduction of consumption of at least 11.7 per cent compared with the forecasts for 2030 made three [...]
Give Great British Nuclear the funding it needs to revive declining sector, industry boss warns March 10, 2023 Jeremy Hunt needs to provide more clarity over the funding of Great British Nuclear in the budget next week, says industry boss.
North Sea flaring falls by 50 per cent following clampdown March 9, 2023 Flaring in the North Sea has fallen by 50 per cent over the last four years after oil and gas firms operating there were put under tougher measurers to make production cleaner, according to new analysis from the North Sea Transition Authority (NSTA).
EU energy chief tells companies not to sign new Russian LNG deals March 9, 2023 European Union countries and companies should not sign new contracts to buy Russian LNG - says the EU's energy chief.
Former Shell boss Ben van Beurden raked in £9.7m paypacket last year as profits soared March 9, 2023 The former Shell boss enjoyed a hefty bump-up in his paypacket last year, before leaving the energy giant in January.
Scientists urge government to publish semiconductor strategy before it’s too late March 9, 2023 The government must publish its semiconductor strategy, argue the Institute of Physics and the Royal Academy of Engineering.
Harbour Energy’s bumper profits wiped out by £1.3bn hit from windfall tax March 9, 2023 Harbour Energy's bumper profits have been nearly wiped out by the windfall tax - taking a huge £1.3bn hit in earnings from the new levy.
Government ‘asleep at the wheel’ over decarbonisation goals, warns climate body March 9, 2023 The government is "asleep at the wheel" when it comes to decarbonisation, warned the Climate Change Committee.
National Grid is the biggest roadblock to reviving onshore wind, argues Octopus March 8, 2023 The biggest challenge for onshore wind developments is the slow speed of connections on the grid, argued the boss of Octopus Renewables.
Tullow Oil’s shares tumble as company stays cautious over output March 8, 2023 Tullow Oil has kept its forecasts for steady output and lower cash flow this year, sending its shares lower on the London Stock Exchange.