Offshore energy industry pleads with Hunt for help: Windfall tax ‘rocked investor confidence’ amid US threat March 2, 2023 The UK’s North Sea industry body has urged Jeremy Hunt to create an attractive investment climate to compete with rival energy markets.
Onshore wind reforms will fail to revive collapsed industry, renewable body warns March 1, 2023 Government proposals to revive onshore wind will do nothing to remove the current de-facto ban, argued Renewable UK.
Tata demands £500m from UK to build battery factory March 1, 2023 The government will have to cough up £500m in taxpayer funds if it wants Jaguar Land Rover owner Tata Motors to build a UK battery factory.
Equinor closes in on $1bn deal to buy Suncor Energy’s North Sea assets March 1, 2023 Norway's Equinor is close to reaching a deal to buy Suncor Energy's North Sea oil and gas assets for around $1bn.
Uniper to hire EON UK boss Michael Lewis as new chief executive March 1, 2023 Uniper has announced it intends to name EON UK boss Michael Lewis as its new chief executive and oversee its new strategy.
Pressure rises on government to ramp up insulation of UK homes amid fuel poverty worries March 1, 2023 It will take 300 years for the government to meet its end-of-decade energy efficiency targets for British homes, warned NEA.
Shapps warns suppliers they must be ready to pass on cuts in wholesale prices to customers March 1, 2023 Suppliers must be ready to pass on cuts in wholesale prices to customers as quickly as possible, Grant Shapps will insist in a speech today.
Lack of government strategy putting UK decarbonisation goals at risk, NAO warns March 1, 2023 The government lacks a plan for all electricity to be generated through clean energy sources by 2035, warned the National Audit Office.
High fertiliser prices add £78m per month to farmers bills, says ECIU March 1, 2023 High fertiliser costs are adding £78m to farmers’ monthly bills amid fresh food shortages, according to the ECIU.
Gas markets plagued with uncertainty after Russia sanctions, IEA warns February 28, 2023 The global gas balance remains fragile this year, with markets riven with uncertainty, warned the International Energy Agency.