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Energy

  • Tullow Oil faces hefty £243m tax bill in Ghana following bumper revenues

    January 25, 2023

    Tullow Oil is facing a hefty £243m ($300m) tax bill in Ghana - home to the fossil fuel producer's flagship fields.

  • Pub body slams energy firms over sky-high bills amid calls for Ofgem investigation

    January 25, 2023

    The UK's leading pub body went to war with the country’s energy firms yesterday, accusing them of profiteering.

  • Heat pumps too expensive to meet social housing needs, warns Sureserve

    January 24, 2023

    The government will need to drive down the price of heat pumps if it is serious about transitioning from gas boiler, warns Sureserve.

  • Newmed reveals chance of Capricorn merger has ‘significantly decreased’ after boardroom exodus

    January 24, 2023

    New Med's proposed £277m merger with Capricorn Energy is at risk of collapse, with chances of a deal significantly decreasing.

  • Millions at risk if household energy support package is cut in April, Utilita warns

    January 24, 2023

    The government should maintain support packages at current levels to ease pressure on households, warned Utilita.

  • City Pub Group: Rail strikes cost us nearly £1m in lost sales

    January 24, 2023

    The City Pub Group reported a boost in trading over the festive period, and said sales would have been stronger if it weren't for the rail strikes.

  • Yu Group’s shares soar after supplier unveils bumper £275m revenues on back of smart meter uptake

    January 24, 2023

    Yu Group's shares soared nearly 10 per cent on the London Stock Exchange, after the supplier revealed it expects to beat its guidance.

  • National Grid offers smart meter households a discount to slash energy usage but plays down fear of blackouts

    January 24, 2023

    National Grid has extended plans for households to be offered discounts for cutting their energy usage, as the winter crisis bites.

  • Ovo Energy backs social tariff for vulnerable households facing record bills

    January 24, 2023

    Ovo Energy has joined calls for a social tariff to help vulnerable households grappling with record energy bills.

  • Ofgem: Regulator will review firms putting people on pre-payment metres, threatening legal action for lack of care

    January 23, 2023

    Ofgem is to review the checks and balances energy firms have around placing customers on pre-payment meters.

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