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Energy

  • 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.

  • 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.

  • 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.

  • 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.

  • Government subsidies for Octopus’ Bulb takeover unlawful, rivals tell court

    February 28, 2023

    The government granted unlawful subsidies to Octopus Energy to take over collapsed energy supplier Bulb - rivals told a major court.

  • UK risks falling behind in global net zero race if it lowers green ambitions, ex climate minister Skidmore warns

    February 28, 2023

    The UK risks falling behind rival countries in the "international net zero race" if it lowers its climate ambitions.

  • BP boss defends oil and gas spending and calls for ‘orderly’ green transition amid protests

    February 28, 2023

    BP boss Bernard Looney has called for an "orderly" transition to the renewable energy, defending the company's oil and spending.

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